VESTAX FOUNDER RESTARTING PRODUCTION OF TURNTABLES AFTER BANKRUPTCY | DJMag.com Skip to main content

VESTAX FOUNDER RESTARTING PRODUCTION OF TURNTABLES AFTER BANKRUPTCY

Release of new products due in March 2016

 

Vestax’s founder is planning to release new products later this year in a bid to relaunch the company.

The Japanese music manufacturer’s owner Hidesato Shiino announced on his blog that a new mixer, turntable, pre-amp and several other products will be released under the new name of STP/Vestax.

“I seriously considered restarting the VESTAX of 2002, but large-scale mass production of new units is not possible. However, I have decided to release and sell the first of a range of products from March 2016, as I have sourced the production talent of 2002 levels. I plan to produce limited quantities (10 ~ 20 per month) for direct sale to end-users,” writes Shiino.

He continues: “While my purpose is not commercial-level output, I will release a mixer rebranded as STP / VESTAX with our VESTAX image, in order to support and keep our global VESTAX fans, and I hope it will receive strong, warm encouragement.”

Vestax, long a favourite brand among DJs, filed for bankruptcy in December 2014. In his post, Shiino apologises to fans of company and suggests that its demise was down to a number of key individuals leaving the company and a focus on low-end, poor quality products.

“For some years the management position was: “We can not make something from scratch” as “new products can not be sold”. As a result, most people left the company and disappeared. Upon the company closing, a check was made on product-quality, and was found to be quite inferior when compared with the 2002 output,” he writes.

Technics also recently announced plans to launch a new version of its classic SL-1200 turntable.

[Via - Fact]

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