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Post by salteedog on Mar 4, 2019 15:11:11 GMT
I'd take that with a pinch of salt. One of the jobs of a CEO is to sell the idea that they are lighting a fire under the plebs and that they are a 'new broom'. A good CEO can always spin a smidgeon of positivity out of any situation.
So...once in Chap 11 Gibson would have worked hard to eliminate costs and go as lean as they could. (Chap 11 is a great opportunity to ditch workers and pension obligations etc.) Now JC would be well aware the Gibson's reputation for quality has taken a bit of a hammering. Although investors love it, talking about more efficient production processes doesn't really help to sell more guitars to the likes of us. So of course he needed to find a 'quality' angle - something (easily digestible by the regular punter) to offer as proof that they were making real in-roads to improving quality standards.
Anything from a CEO....take it with a big pinch of salt.
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Post by blindwilly3fingers on Mar 4, 2019 15:59:12 GMT
Hopefully he will improve both Gibson's fortunes and the quality of their product. One of the interviews I watched he seemed to have a handle on what models the guitar playing public really wanted. But only time will tell, I hope Gibson sort it out, I really wouldn't want any of the more historical brands disappearing.
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Post by Vincent on Mar 4, 2019 19:13:41 GMT
I believe that the Gibson Guitar division was profitable while old Henry was there and it was the manic empire building outside of guitar manufacturing that lead to the collapse. I read somewhere also that the defects that we keep hearing about were actually not so bad in the grand scale of things and their returns were quite low, as a percentage. I think -part- of the problem is now we have the Internet and every time someone reports a badly made Gibson it is read by a thousand people. Doesn't take much to have a reputation ruined.
Gibson are still able to make incredible guitars but their aggressive year on year price increases that grossly overtake national inflation figures are nothing short of devilment and I do not expect this to change with the new CEO. We can say it was always like this with Gibson and it would be true but it seems to be worse in recent years. I have always bought Gibsons second user.
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Post by blindwilly3fingers on Mar 4, 2019 21:48:20 GMT
We always seem to pay through the nose for name brands, have you seen the price of Levi's nowdays Vincent? Rampant capitalism rules, got to squeeze every penny possible out of people. I shall be ordering what may be my last HB in the next couple of weeks. Depending on what the dancing queen and the rest of fleecing workshy politicians decide over brexit? That's if it does make it to Thomann by the stated time on their website? Is it me or were things easier when the Co-op had big department stores in most towns and there was a Woolworths in every high Street?
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3,968 posts
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Post by salteedog on Mar 4, 2019 22:18:50 GMT
On the plus side Gibson imports should be cheaper after Brexit! As long as the arze doesn't completely fall out of sterling!
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3,968 posts
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Post by salteedog on Mar 4, 2019 22:24:39 GMT
Is this a Gibson in front of a prat?
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3,968 posts
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Post by salteedog on Mar 4, 2019 22:48:26 GMT
Lots of articles about the border here in Ireland (in fact I'm watching a TV program right now about it). I get my Brexit news from the Irish papers, the Guardian (remain) and the Telegraph (leave) as well as the BBC and it's clear that the British media is consumed by the politics of it all at the expense of discussing the practicalities or impracticalities. Perhaps that's understandable. Over here though, there is much more focus on what the impacts will be as people look on in dread at the goings on across the water.
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Post by blindwilly3fingers on Mar 4, 2019 23:20:39 GMT
Is this a Gibson in front of a prat? It's a tanglewood, the prat must have thought it was named after his hairstyle!
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3,968 posts
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Post by salteedog on Mar 5, 2019 0:11:50 GMT
Really? There have been endless articles about Mother Theresa's deal and the backstop and why it's a good thing or (mostly) why it's a bad thing. And loads of to-ing and fro-ing about why the deal should or shouldn't be accepted but nothing on what happens in 4 weeks time about the border if nothing's settled. As soon as that subject rears it's head the border becomes an non-issue as the economy begins to get focused on instead. Quite a few articles about agricultural trade and things like drivers licenses and insurance starting to come to the fore over the last week or two.
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Post by LeoThunder on Mar 5, 2019 2:59:00 GMT
We always seem to pay through the nose for name brands, have you seen the price of Levi's nowdays Vincent ? Rampant capitalism rules, Rampant stupidity deserves all it gets. People willingly buy these things.
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Post by blindwilly3fingers on Mar 5, 2019 11:26:23 GMT
We always seem to pay through the nose for name brands, have you seen the price of Levi's nowdays Vincent ? Rampant capitalism rules, Rampant stupidity deserves all it gets. People willingly buy these things. I never thought of you as a denim dude LeoThunder, I don't know why but I imagine you as a slacks and turtleneck sweater kinda guy? 🙄 I haven't bought a pair of Levi's for over 10 years and that was in a sale, they are way too expensive for something that is basically work wear.
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