Fujio Nishida

Sony Europe has announced the appointment of Masaru Tamagawa as its new president, as part of a "transformation program" being implemented across the struggling consumer electronics giant.

Tamagawa has been managing director of Sony India since 2007, where he helped guide Sony to the top share of the emerging Indian electronics market. Previously, he led Sony Gulf, based out of Dubai.

Current Sony Europe president Fujio Nishida will step up to become chairman of the group, overseeing a transformation program being implemented across Sony's entire European consumer electronics operation.

Consumer electronics sales dropped 3.4% during July and August compared to the same months last year, according to an analysis by SpendingPulse, an information service of MasterCard Advisors.  That drop in CE sales is at a pace far greater than the 0.6% sales decline that the Consumer Electronics Association predicted for this year in its January 2009 forecast, issued at the January CES.

Fujio Nishida approaches 2002 confidently, but with prudence By David Dritsas Even in a period of economic humility, Sony Electronics America is faring well in the consumer electronics industry, reporting $13 billion for FY 2001. Part of Sony's success stems from strong returns for its PlayStation 2 gaming product and strong market share in the camcorder and personal audio categories. Back office streamlining, particularly in supply chain management, has also contributed to the company's health. Even so, Sony Electronics president and COO, Fujio Nishida, is approaching the rest of 2002 with caution. "We can't be too optimistic for the foreseeable future yet," said Nishida, at a press

Best Buy Co., Inc. named Michael Zimmerman its new vice president of corporate support in the Services Leadership Team. Previously, Zimmerman was Compaq's director of consumer customer service and support. Best Buy also promoted two vice presidents. Bob Davidson is now vice president, merchandising for computers and Mary Miller, vice president, brand management.…Roberds, Inc. announced the resignation of President Robert Wilson. The Board of Directors re-appointed Melvin Baskin as president. The International Recording Media Association (IRMA) lost two key veterans last month. Larry Finley, founder of the International Tape Association (ITA), now IRMA, passed away April 3, 2000, at the age of 86. Then,

Fujio Nishida, President, Consumer Electronics Marketing Group - Sony Electronics 1) How did 1998's financial turmoil affect your business? I'm talking on behalf of the consumer electronics area that I cover. From that perspective, I don't see any retailing impact.Based on what we're hearing about last months or last couple months (from retailers), I don't see any negative feed back from these people. Usually when you see the economic situation changing, it may be some time before that really effects the consumer electronics area. "I may be a little optimistic, but Ibelieve people really want to have those exciting new digital products and not leave them for

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