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Following the coronavirus crisis, sales had collapsed, making restructuring measures necessary.
How is that even possible? I get that their products aren’t cheap and sales might suffer from macroeconomic factors, but I sure would have thought that lockdowns and work-from-home have fuelled their sales.
I literally upgraded my wired headphones to some beyers thanks to the lockdown
They saw a big spike in sales and then it dropped down again and shareholders were like: where infinite growth?
2025 and people still believe, that Chinese product quality is bad. How is that not racist?
Anyhow. Same happened to Volvo. The cars got better afterwards.