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#275672 - 2018-05-03 08:11 Gibson Bankruptcy
Registered: 2003-10-04
Posts: 1,987
spinaltap Offline
Knows where his towel is
spinaltap Offline
Knows where his towel is

Registered: 2003-10-04
Posts: 1,987
Loc: Bournville, UK
Gibson Guitars has filed for bankruptcy. This will also affect its subsidiary Onkyo and Teac brands.

In my youth I hankered for a Gibson Ripper Bass.


My Mac can go all the way to XI - Mac user since 1988.
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#275673 - 2018-05-03 08:17 Re: Gibson Bankruptcy [Re: spinaltap]
Registered: 2010-12-09
Posts: 3,411
Ratbert Offline
Ravenous Bugblatter Beast of Traal
Ratbert Offline
Ravenous Bugblatter Beast of Traal

Registered: 2010-12-09
Posts: 3,411
Loc: Europe
Just for balance

Chief executive Henry Juszkiewicz, who bought the company in 1986, said the Chapter 11 filing would assure the company's "long-term stability and financial health".

It aims to exit bankruptcy protection on 24th September.


Always learn from the mistakes of others. You can never live long enough to make them all yourself.
Edited by Ratbert; 2018-05-03 08:17.
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#275674 - 2018-05-03 08:27 Re: Gibson Bankruptcy [Re: Ratbert]
Registered: 2004-04-15
Posts: 12,325
VirusKiller Offline
Don't Panic
VirusKiller Offline
Don't Panic

Registered: 2004-04-15
Posts: 12,325
Loc: nr. Milton Keynes, UK
It's a sorry story of mis-management and poor treatment of both customers and dealers, plus not having a clue what the customer actually wants.

As I posted here or elsewhere, last year I was considering the possibility of getting a Les Paul Standard, but was completely put off by both the proliferation of models on the website (which I couldn't figure out) and the way that they'd turned something very special into a commodity. 2017 Les Paul model? No thanks; I want a Les Paul, not something with per-year branding...

No doubt it will be slimmed down to concentrate on the core offering again and/or be bought.


Roon Developer and ex-moderator of this Forum
I am #25 in the HH1 photo of fame.
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