Changes in the in­dus­try

The Shed - - News -

There have been a few changes in the pho­to­graphic in­dus­try lately that you should be aware of. Firstly Auck­land’s Cam­era & Cam­era Lim­ited was put into liq­ui­da­tion on April 9. The cam­era and ac­ces­sories store was es­tab­lished in 1979, and was trad­ing from Queen Street. Joint liq­uida­tor Si­mon Dal­ton says in the Liq­uida­tors’ First Report, “For many years the com­pany traded very suc­cess­fully, how­ever, changes in tech­nol­ogy have led to a drop in cus­tomer de­mand and a drive to on­line sales, where com­pe­ti­tion is fierce.” At the time of liq­ui­da­tion, Cam­era & Cam­era owed more than $850,000 to its debtors, ac­cord­ing to the report.

Another change to the mar­ket is the news that Pro­gear has pur­chased Apix Pho­to­graphic Sup­plies. This de­ci­sion to in­cor­po­rate the brands that Apix sup­plies and the Pro­gear brands was made to build a busi­ness struc­ture with more price sta­bil­ity and de­creased com­pe­ti­tion.

“The in­ter­net has al­ready flat­tened the world; pric­ing is no longer a mys­tery. The Apix/Pro­gear axis in­tends to work within that trans­par­ent en­vi­ron­ment. Whole­sale will be whole­sale, and re­tail will re­flect a glob­ally com­petive and lo­cally sus­tain­able mar­gin,” says Pro­gear fi­nan­cial con­troller, Phillip Gla­muz­ina.

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