Japanese audio maker D&M wants to hit the high notes in the UAE

Dubai: Makers of high-end audio gadgets under the Denon and Marantz brands, D&M Holdings plans to expand its reach in the UAE to 40 locations from the present 25. The estimated market potential for audio-related categories in the UAE is $60 million annually, according to the Japanese company. “We want to continue to expand our marketing channels to reach to more consumers,” said Tomo Kamiya, vice-president. Denon and Marantz have a combined share of 34 per cent in the UAE.