Zound increased sales by 8 percent despite supply challenges
In the second quarter, Zound posted an eight percent increase in net sales with demand for its products exceeding available supply. Total revenues amounted to 380.2 MSEK compared to 352.1 MSEK for the same period last year.
“The team is firing on all cylinders to bring our new strategy to life. We will be product obsessed, digitally connected, innovation driven, sustainability committed, diversity and inclusion minded in everything we do moving forward. Our recent launches exemplify our product obsession, and our growth in digital channels speaks volume to our focus on digital performance,” said Jeremy de Maillard, CEO at Zound Industries.
Zound’s commitment to the world is to bring life to sound. With the March-release of the first true wireless headphones for Marshall, the Mode II – followed by an additional two releases last week, the Minor III and the Motif A.N.C – Zound has set themselves up to capture even more of the demand in the headphone category.
“Our offering continues to resonate well with consumers, they are choosing us by putting their money into our products. We’re in a good position going into what has traditionally been our busiest half of the year,” comments de Maillard.