Dartzeel shutting down operations?

[Philb7777]

I saw on a forum and another enthusiasts YouTube video that Roy Gregory was floating it out that Dartzeel is in the process of ceasing operations? If true, such a shame. I don't own any Dartzeel products but I was always super impressed when I got to hear systems with Dartzeel in them. Hope this is not true.

 

[Zeotrope]

NOT TRUE.
Herve has commented on this, see the Mono and Stereo Instagram post,

 

[Kal Rubinson]

Link?

 

[Laurusri]

https://www.monoandstereo.com/dartzeel-audio-restructuring/

Here it is.

 

[Laurusri]

darTZeel Update:​

https://www.monoandstereo.com/dartz...97bdd2plNklrMcjv9Q_aem_kS2mTjP188pDcCQe4Gcnpw

 

[facten]

Already.posted on the original thread about this .

 

[germinal]

Clearly they are out of business.. why else would you stop selling ( if they sold anything at all the last months/year)

I heard they have to pay the Swiss government substantial sums ( COVID support money ) and they can’t pay it… so I guess that’s why they launched those 1M cartridges.. probably didn’t sell any of those either…

I have an 8550, so feel kinda bumped.. expensive brick when somethings breaks

 

[buzzlulu]

I heard they have to pay the Swiss government substantial sums ( COVID support money ) and they can’t pay it

Source for this strong statement?

 

[Zeotrope]

Clearly they are out of business.. why else would you stop selling ( if they sold anything at all the last months/year)

I heard they have to pay the Swiss government substantial sums ( COVID support money ) and they can’t pay it… so I guess that’s why they launched those 1M cartridges.. probably didn’t sell any of those either…

I have an 8550, so feel kinda bumped.. expensive brick when somethings breaks

They are NOT out of business. I spoke with Herve directly. And the website [which you clearly haven’t read, nor clicked the links above] clearly states that all existing instruments will continue to be serviced and taken care of. He will be back with a new product line.

“Dear members of the darTZeel family, music lovers around the world, I’ve chosen to venture into new territories in the audio field and dedicate time to shaping the future of High-End audio.
The fortunate owners of darTZeel instruments who wish to upgrade and maintain their listening systems will always be welcomed with the same passion and the same quality of service.”

 

[bonzo75]

I heard they have to pay the Swiss government substantial sums ( COVID support money )

If correct, This will then be same for other Swiss companies?

 

[germinal]

Source for this strong statement?

 

[germinal]

They are NOT out of business. I spoke with Herve directly. And the website [which you clearly haven’t read, nor clicked the links above] clearly states that all existing instruments will continue to be serviced and taken care of. He will be back with a new product line.

“Dear members of the darTZeel family, music lovers around the world, I’ve chosen to venture into new territories in the audio field and dedicate time to shaping the future of High-End audio.
The fortunate owners of darTZeel instruments who wish to upgrade and maintain their listening systems will always be welcomed with the same passion and the same quality of service.”

I have read and visited the website..

so you are saying it’s normal for an owner of a company to ask it’s clients not to start selling their gear ???

Normal to stop selling their stuff ? The only thing that can generate an income ?

Normal to ask a YouTuber to take down a video ??

For me it’s not..

 

[facten]

If correct, This will then be same for other Swiss companies?

Ked, I posted this reagrding the Swiss Covid program on the other thread on this topic

Per Baker & Mckenzie's outline on the Swiss Covid Loan Program

Two types of loans are available under the
Swiss COVID-19 loan programme: COVID-
light loans with a principal amount of up to
CHF500,000 and COVID-plus loans with a
principal amount of up to CHF20m, in each
case capped at an amount equal to 10% of the
applicant’s annual turnover. Both types of loans
are provided via the Swiss banking system and
secured by sureties of the Swiss Confederation.
Each loan has a term of five years, which may
be extended by up to two years if repayment
at the original maturity date would result in
considerable hardship for the borrower.

 

[Zeotrope]

Ked, I posted this reagrding the Swiss Covid program on the other thread on this topic

Per Baker & Mckenzie's outline on the Swiss Covid Loan Program

Two types of loans are available under the
Swiss COVID-19 loan programme: COVID-
light loans with a principal amount of up to
CHF500,000 and COVID-plus loans with a
principal amount of up to CHF20m, in each
case capped at an amount equal to 10% of the
applicant’s annual turnover. Both types of loans
are provided via the Swiss banking system and
secured by sureties of the Swiss Confederation.
Each loan has a term of five years, which may
be extended by up to two years if repayment
at the original maturity date would result in
considerable hardship for the borrower.

So it is not this. 7 years to repay. Covid started in 2021…

 

[Zeotrope]

I have read and visited the website..

so you are saying it’s normal for an owner of a company to ask it’s clients not to start selling their gear ???

Normal to stop selling their stuff ? The only thing that can generate an income ?

Normal to ask a YouTuber to take down a video ??

For me it’s not..

I never said it’s “normal” did I?
I said they are clearly not out of business.

“Normal to ask a YouTuber to take down a video ??”
When the video is a lie, yes. Libel is illegal.

 

[Audiohertz2]

Hold on to those Golden Darts , as per Herve ..!

 

[germinal]

I never said it’s “normal” did I?
I said they are clearly not out of business.

“Normal to ask a YouTuber to take down a video ??”
When the video is a lie, yes. Libel is illegal.

If it’s a lie, ok, then yes I understand. But I’m afraid it’s not. You just don’t take your own website down.
The post Herve made is also disingenuous and laughable.

 

[Zeotrope]

If it’s a lie, ok, then yes I understand. But I’m afraid it’s not. You just don’t take your own website down.
The post Herve made is also disingenuous and laughable.

Website is not down and his message is clear to me. What don’t you find clear?

 

[Lagonda]

Website is not down and his message is clear to me. What don’t you find clear?

No website is not down, they are just not making product at this time ! In the future some time they will launch a less expensive line to save the day. And the trouble is all the fault of bad pricing structures in the high-end business. Lead by Dartz by the way. Do you hear those bells in the background, those are alarm bells going off ! I doubt anyone, including die hard dart fans are placing orders right now.

 

[Zeotrope]

When the US dealer/distributor is charging ~50% more than the RoW pricing, that’s a problem. I bet this contributed to the reduced sales.
Buyers are also to blame. Always compare pricing across regions! And don’t take dealer BS about “US duties” as a reason for higher prices. There are NO US duties for audio components made in Europe.