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Posts Tagged ‘liquidation’

Bowens is back in business after 2017 liquidation with its new XMT500 strobe light

01 Feb

In July 2017, lighting company Bowens confirmed it had gone into liquidation after 94 years of business, ultimately succumbing to the market’s growing competition and changes in consumer purchase trends. The closure followed Bowens’ 2016 acquisition by European investment company AURELIUS, which also purchased Calumet in the same year to form the Calumet Wex subsidiary.

Bowens has officially returned as a brand under Wex Photo Video with its relaunch of the Bowens XMT500 Flash Head and Twin Head Kit. Wex Photo Video is the exclusive destination for the relaunched Bowens products.

The revived XMT500 Flash Head is described as an ‘all-in-one battery location flash’ that features HSS and TTL tech, recycling times as fast as 0.01 seconds, sync delay from 0.01 to 30 seconds, and support for shutter speeds up to 1/8000s. Other features include the option to fully automate the light settings, eight stops of power, and a battery capacity substantial enough to power 500 full-power flashes per charge.

Buyers can order the Bowens XMT500 Flash Head from Wex Photo Video now for £699; the company is also offering an XMT500 Twin Head Kit for £1,399. This is a substantial decrease from the model’s original £1,199 price.

Articles: Digital Photography Review (dpreview.com)

 
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Bye bye Bowens: The 94-year-old lighting company is going into liquidation

17 Jul

Lighting giant Bowens, a company with 94 years of history and millions of customers under its belt, has entered liquidation. The news has not been officially confirmed by Bowens or Aurelius, the investment firm that acquired the company one year ago, but several independent sources have corroborated the story.

Initial reports of Bowens’ downfall appeared on DIYPhotography, who heard from one inside source and confirmed with two others on Friday that the company has indeed entered liquidation. On Sunday, photography blog PetaPixel confirmed the news a fourth time, after they received an email from another “source familiar with the situation.”

“All UK staff (including China factory) were informed that the company is going into liquidation,” the source told PetaPixel. “We were aware the company was facing problems and have all been working long days to pull company through a hard time, but we never thought it would end.”

With pressure from fast-growing lighting brands like Godox, and big-name brands in the photo world going out of business at regular intervals, the disappointing news is not, alas, surprising. But no amount of regularity ever makes this kind of news easier to report on or read. If anything, it only gets harder.


At the time of this writing, Bowens International’s contact form is no longer accepting submissions. We will update this post if and when we are able to reach someone at Bowens for official confirmation.

Articles: Digital Photography Review (dpreview.com)

 
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