Re: Guitar-maker Gibson Brands files for bankruptcy
Originally Posted by
Ivan Kelsall
From ABmando -
" Sometimes companies, like people, need a reset. ". I totally agreee - as long as they don't kick off from the base they just left !.
IMHO - Gibson need to get back to basics,building musical instruments - pretty obvious for most of us,but they wouldn't be the first big company to try the 'diversification route' & loose their way,
Ivan
Ivan, that's what I hinted at some time ago. They got involved in industries that don't enjoy the same popularity they did years ago. (Almost) no one has a receiver/amplifier on the shelf any more. I remember when you bought the best you could afford and displayed it prominently in the living room. Gibson owns Pioneer, Onkyo, Teac, Cerwin-Vega and Stanton. And, if you don't use the amplifier, you don't need the speakers. (I remember when people bought Bose 901s. They were fairly small but pretty good. I also had a friend who bought Voice of the Theater speakers and you could hear them two blocks away. That didn't last long.)
Baldwin pianos are quality products but there simply isn't much of a market for them anymore. (Personally, I'd leave it to Steinway and Yamaha.)
They need to cut their losses and divest themselves of the non-profitables and stick with musical instruments.
And on another subject, brand recognition isn't always good. One word: Yugo
David Hopkins
2001 Gibson F-5L mandolin
Breedlove Legacy FF mandolin; Breedlove Quartz FF mandolin
Gibson F-4 mandolin (1916); Blevins f-style Octave mandolin, 2018
McCormick Oval Sound Hole "Reinhardt" Mandolin
McCormick Solid Body F-Style Electric Mandolin; Slingerland Songster Guitar (c. 1939)
The older I get, the less tolerant I am of political correctness, incompetence and stupidity.
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