Revision 944854529 of "Draft:Gear4music" on enwiki

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{{Infobox company
| name = Gear4music
| logo = 
| type = [[Public Limited Company|Public]]
| industry = [[Musical Instruments]]
| founded = 2003 in [[York]], North Yorkshire, England
| founder = Andrew Wass
| hq_location_city = [[York]]
| hq_location_country = [[UK]]
| products = [[Musical Instruments]]
[[Sound recording and reproduction|Recording Equipment]]
| website = <!-- {{https://www.gear4music.com/|gear4music.com}} -->
}}

== GEAR4MUSIC ==

'''Gear4music''' is a British retailer of [[musical instruments]] and music equipment that operates around the world, with websites in the [[UK]], [[Belgium]], [[Czech Republic]], [[Denmark]], [[Germany]], [[Spain]], [[France]], [[Ireland]], [[Italy]], [[the Netherlands]], [[Norway]], [[Austria]], [[Poland]], [[Portugal]], [[Slovenia]], [[Switzerland]], [[Slovakia]], [[Finland]] and [[United States]]. The company is the biggest retailer of musical instruments in the UK and the second largest in Europe.<ref>{{Cite web | url=https://internetretailing.net/strategy-and-innovation/strategy-and-innovation/gear4music-to-improve-its-distribution-processes-as-it-looks-to-deal-with-its-fast-growth-19384 |title = Gear4Music to improve its distribution processes as it looks to deal with its fast growth}}</ref>. It trades through its various websites, as well as physical stores in the UK, Germany, and Sweden <ref>{{Cite web | url=https://www.gear4music.com/information/our-locations |title = Locations &#124; Gear4music}}</ref>.
The company employ over 300 staff across Europe<ref>{{Cite web | url=http://www.gear4musicplc.com/about-us/our-history/ |title = Our History &#124; Gear4Music}}</ref> and stock over 790 brands<ref>{{Cite web | url=http://www.gear4musicplc.com/about-us/our-business-model/ | title=Our Business Model &#124; Gear4Music}}</ref> brands including [[Fender Musical Instrument Corporation|Fender]] and [[Gibson Guitars]]<ref>{{Cite news | url=https://www.theguardian.com/uk-news/2015/may/28/gear4music-instrument-retailer-to-open-soho-store |title = Gear4music instrument retailer plans to open Soho store after IPO|newspaper = The Guardian|date = 2015-05-28|last1 = Hickey|first1 = Shane}}</ref> as well as a selection of own brand musical instruments<ref>{{Cite web | url=http://www.gear4musicplc.com/our-business/our-products/ |title = Our Products &#124; Gear4Music}}</ref>.
Gear4music was established on 12/10/1995, by Andrew Wass and was originally called Red Submarine Ltd<ref>https://beta.companieshouse.gov.uk/company/03113256)</ref>. The company was rebranded as Gear4music in 2003. On 03/05/2018 the company was listed on the [[London Stock Exchange]]<ref>{{Cite web | url=http://www.morningstar.co.uk/uk/news/AN_1432807923505543000/applegreen-plans-to-float-on-aim-as-gear4music-confirms-ipo-price-allipo.aspx |title = Applegreen Plans to Float on AIM as Gear4music Confirms IPO Price (ALLIPO)}}</ref>.

== History ==

Gear4music.com was launched in 2003 by Andrew Wass<ref>{{Cite web | url=https://www.yorkpress.co.uk/news/7878562.red-submarine-ltd/ |title = Red Submarine Ltd}}</ref>, who had previously established Red Submarine, a specialist audio [[computer]] company in 1995<ref>https://www.bloomberg.com/profile/company/8988846Z:LN</ref>. 
In 2014 the company expanded to a new warehouse at Clifton Moor in [[York]]<ref>https://www.gear4music.com/news/article/Introducing-Our-New-Warehouse/6BX/2014-03-17</ref>.
In 2015, the company made an [[Initial Public Offering|IPO]] on the London Stock Exchange’s [[AIM Market]]. Soon after the [[shares]] were launched, the company’s revenue was £24 million<ref>{{Cite web | url=https://www.thisismoney.co.uk/money/investing/article-6323625/MIDAS-SHARE-TIPS-hit-Gear4Music-big-noise-worlds-12bn-music-market.html |title = MIDAS SHARE TIPS: Why Gear4Music is worth a bash|date = 2018-10-27}}</ref>.
In August 2016, they acquired the software development partner Venditian, to bring the development of its bespoke [[e-commerce]] platform in-house<ref>{{Cite web | url=https://www.insidermedia.com/insider/yorkshire/gear4music-brings-development-team-into-the-fold |title = Gear4music brings development team into the fold}}</ref>.
In November 2016, Gear4music expanded into [[Europe]], opening a new distribution warehouse in [[Sweden]]<ref>{{Cite web | url=http://www.gear4musicplc.com/about-us/our-history/ |title = Our History &#124; Gear4Music}}</ref>.
By 2017, the company’s revenue had grown substantially, to £56 million, with gross profits reaching £15 million<ref>{{Cite web | url=https://www.yorkpress.co.uk/business/news/15275002.record-year-sees-hq-move-at-gear4music/ | title=Record year sees HQ move at Gear4Music}}</ref>.
In September 2017 –Gear4music opened a new head office in York<ref>https://www.insidermedia.com/insider/yorkshire/transformational-year-of-investment-for-gear4music</ref>.
In 2018 – Gear4music opened a third European warehouse, in [[Mullhem]], Germany<ref>{{Cite web | url=https://www.yorkshirepost.co.uk/news/gear4music-celebrates-bumper-christmas-1-8942039 |title = Gear4music celebrates bumper Christmas}}</ref>.
In January 2019, shares in the company fell by 50% after the company reduced its yearly earnings estimate<ref>{{Cite web | url=https://www.sharesmagazine.co.uk/news/shares/gear4music-shares-hammered-after-cut-to-earnings-guidance | title=Gear4music shares hammered after cut to earnings guidance, 4 Jan 2019 11:18 &#124; Shares Magazine}}</ref>