KL Posted January 5, 2010 Share Posted January 5, 2010 I was in my local music store today. They used to be a Gibson Dealer but are not now. They had a used Gibson in I was looking at and the shop assistant told me that Gibson had just gone bankruped. I have not seen anything about this in the press, and am sure this forum would be full of it, so I can only assume that this information is untrue. I certainly hope it is untrue. Does anybody know anything about this please? Link to comment Share on other sites More sharing options...
dem00n Posted January 5, 2010 Share Posted January 5, 2010 Theres so many rumors going around! None are true. Link to comment Share on other sites More sharing options...
zippy Posted January 5, 2010 Share Posted January 5, 2010 I was in my local music store today. They used to be a Gibson Dealer but are not now. They had a used Gibson in I was looking at and the shop assistant told me that Gibson had just gone bankruped. I have not seen anything about this in the press' date=' and am sure this forum would be full of it, so I can only assume that this information is untrue. I certainly hope it is untrue. Does anybody know anything about this please?[/quote'] I saw that on the Gear Page........I have to hear it from them to believe it..... Link to comment Share on other sites More sharing options...
KL Posted January 5, 2010 Author Share Posted January 5, 2010 I am sure it would be in the National News in the USA if it was true as Gibson is a huge company with many employees. Still I thought I would ask. Thank you. Link to comment Share on other sites More sharing options...
AXE® Posted January 5, 2010 Share Posted January 5, 2010 Complete BOLLOCKS! Link to comment Share on other sites More sharing options...
L5Larry Posted January 5, 2010 Share Posted January 5, 2010 The dealer probably just lost it's Gibson franchise by failing to meet (and pay) their strict dealership requirements. It's very expensive to be a authorized Gibson dealer and few mom & pop shops can afford to be one anymore. Link to comment Share on other sites More sharing options...
KL Posted January 5, 2010 Author Share Posted January 5, 2010 Yes . . . he also told me that they were expected to pay £30 000 in order to keep the franchise some time ago. Obviously I have no idea how true this figure is. Link to comment Share on other sites More sharing options...
Flight959 Posted January 5, 2010 Share Posted January 5, 2010 Complete BOLLOCKS! LOLOLOL Link to comment Share on other sites More sharing options...
pohatu771 Posted January 5, 2010 Share Posted January 5, 2010 I was under the impression that Gibson didn't have a UK distributor currently, or didn't in the very recent past. I imagine that's why many are no longer authorized dealers. Link to comment Share on other sites More sharing options...
KL Posted January 5, 2010 Author Share Posted January 5, 2010 As far as I know the last distributor they had here in the UK was Rosetti, who also distribute Rickenbacker and various others. But they split from Rosetti a while ago and set up their own distribution network. That is when a lot of stores seem to have lost their franchise as they could not afford the terms of the Gibson arrangement. Again, I am no expert on this, this is just what I have heard in guitar stores and from other people. Link to comment Share on other sites More sharing options...
AXE® Posted January 5, 2010 Share Posted January 5, 2010 Guitar Village in Farham UK is still doing quite well. Link to comment Share on other sites More sharing options...
AXE® Posted January 5, 2010 Share Posted January 5, 2010 Current list of Les Pauls. Some we cant get here yet. http://www.guitarvillage.co.uk/product-list.asp?manuid=119&catid=3 Link to comment Share on other sites More sharing options...
deepblue Posted January 5, 2010 Share Posted January 5, 2010 Gibson has to approve you in order to sell their guitars. I heard you have to be prepared to keep at least one million dollars in Gibby inventory to start with... Even then, there are a few more hoops to jump through. Link to comment Share on other sites More sharing options...
tazzboy Posted January 5, 2010 Share Posted January 5, 2010 That's why my local store here stop selling new Gibson and just deals with used Gibson instead. Link to comment Share on other sites More sharing options...
AXE® Posted January 5, 2010 Share Posted January 5, 2010 Gibson has to approve you in order to sell their guitars. I heard you have to be prepared tokeep at least one million dollars in Gibby inventory to start with... Even then' date=' there are a few more hoops to jump through.[/quote'] mmm NO! $80,000. per year and no hoops. My local Mom and Pops has no trouble at all. Don't drink the Koolaid. Link to comment Share on other sites More sharing options...
Silverbursted Posted January 5, 2010 Share Posted January 5, 2010 Guitar Village in Farham UK is still doing quite well. That looks like it would be a very cool shop to visit. Hmmm, road trip!!! :- May have an opportunity to go to the Farnborough Air Show this summer, and that doesn't look to be too far away. Link to comment Share on other sites More sharing options...
AXE® Posted January 5, 2010 Share Posted January 5, 2010 I'll be stopping in next May I hope. Link to comment Share on other sites More sharing options...
nikko18 Posted January 5, 2010 Share Posted January 5, 2010 Complete BOLLOCKS! RUBBISH too! Link to comment Share on other sites More sharing options...
S t e v e Posted January 5, 2010 Share Posted January 5, 2010 GAK (guitar amp and keyboard) and guitarguitar are the big boys when it comes to gibson in the uk... http://www.guitarampkeyboard.com/products.php?search=1&k=&m=Gibson&t=Les+Paul+Style&x=26&y=11&c=Electric+Guitars&s= http://www.guitarguitar.co.uk/Gibson-Les-Paul Link to comment Share on other sites More sharing options...
Flight959 Posted January 6, 2010 Share Posted January 6, 2010 I was in my local music store today. They used to be a Gibson Dealer but are not now. They had a used Gibson in I was looking at and the shop assistant told me that Gibson had just gone bankruped. I have not seen anything about this in the press' date=' and am sure this forum would be full of it, so I can only assume that this information is untrue. I certainly hope it is untrue. Does anybody know anything about this please?[/quote'] Which store is that? Why doesn't a representative from Gibson come on to these threads and put and end to these rumors?? Regards Link to comment Share on other sites More sharing options...
Flight959 Posted January 6, 2010 Share Posted January 6, 2010 GAK (guitar amp and keyboard) and guitarguitar are the big boys when it comes to gibson in the uk... http://www.guitarampkeyboard.com/products.php?search=1&k=&m=Gibson&t=Les+Paul+Style&x=26&y=11&c=Electric+Guitars&s= http://www.guitarguitar.co.uk/Gibson-Les-Paul +1 I was in there three days ago and they have the best selection of Gibson's I have seen in years... Regards Link to comment Share on other sites More sharing options...
Flight959 Posted January 6, 2010 Share Posted January 6, 2010 Well said Jocko.. I do think they have alot of money tied up sitting on shelves everywhere however how much does your avereage 5k Gibson really cost to make?? Regards Link to comment Share on other sites More sharing options...
AXE® Posted January 6, 2010 Share Posted January 6, 2010 The cost to simply build the guitar is not what makes them so pricey. It's the pre production that eats the cash up. Research and matching is not free or cheap on the signature models (Slash /Page / Haynes ect'. Metrology and laser template's of the original instrument is expensive and time consuming. The man hours alone prior to construction is staggering. The company has to dole out hundreds of thousands of dollars before the first piece of wood is put o the line for production. And lets not forget the hundreds of people on the production line, they need a paycheck too. Then you have distribution, advertising, marketing. Link to comment Share on other sites More sharing options...
stevef Posted January 6, 2010 Share Posted January 6, 2010 Also Legal... If they're anticipating "rosewood fines". Link to comment Share on other sites More sharing options...
Super24 Posted January 6, 2010 Share Posted January 6, 2010 It seems that the term "bankruptcy" does not really always mean going completely out of business. What about GM, Chrysler, etc. etc.? Link to comment Share on other sites More sharing options...
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