Gibson about to go bust.

[franki68]

One of the most iconic brands in music are on the verge of bankruptcy .

Would be awful,although I’m sure someone would buy be name and resurrect it.

[franki68]

They were on their knees in the 80s and then slash effectively rescued them.
Will make it worth keeping any Gibson if they do go bump,and are resurrected in the Far East.

[franki68]

BilderBurger said:

Maybe on the quality side but this is all getting very ahead of myself. If they did end up being made for $15 in Taipei, I doubt there'd be a particularly big upswing in Nashville Gibsons. Sales are $1bn a year, they're not exactly in short supply.

One thing I do know, when Fender were prepping their short lived IPO, the filing of the documents revealed their return on capital to be about 3%. There is no money to be made making guitars seemingly. The whole thing relies on volume & peripheral products. Innovation is an apparent cul de sac, everyone wants 50's Teles & Strats, newer designs rarely get anywhere. I can't think of another consumer industry where the nearly all the demand is centred on 60+ year old designs with a few revisions thrown in from time to time.

I’m not sure that is right,I think one of Gibson’s biggest issue has been the rise of PRS guitars ,which are relatively young .
Look how many prs players there are now compared to say 15 years ago.