Word: lamond
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Dates: during 2000-2009
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...Demand for student string instruments, including those valued under $10,000, has also suffered. "Like just about everyone in retail, our members have certainly been impacted by the recession," says Joe Lamond, CEO of the International Music Products Association, which represents instrument retailers. "Acoustic pianos and high-end guitars are discretionary purchases for most people, and in tough times these can be deferred until things look brighter." In such an environment, dealers are far more likely to offer discounts. (See 25 people to blame for the financial crisis...