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Two large US-based music gear vendors – Guitar Center and PSSL – on the rocks after an incredibly challenging year for retail sales of professional music gear. The reality is that a lot of companies have suffered this year in our industry, and with incredibly small amounts of governmental assistance for individuals and small companies. […]
Two large US-based music gear vendors – Guitar Center and PSSL – on the rocks after an incredibly challenging year for retail sales of professional music gear. The reality is that a lot of companies have suffered this year in our industry, and with incredibly small amounts of governmental assistance for individuals and small companies. […]
Cummins Station in downtown Nashville will be the future site of Gibson’s headquarters, the company has just announced. Gibson says it expects to have 100+ employees there by the end of the year. Gibson Headquarters Downtown Nashville So Gibson has decided to move its HQ from its current premises on the outskirts of Nashville where […]
Although Gibson’s financial woes are a recent and still-painful memory, we might be seeing a renaissance of the once-great Gibson Custom Shop. The company’s premium brand has updated its website and there have been some component changes, too… Gibson Custom Shop 2019 Just in case you’ve been living on the moon, the American guitar company […]
The sad tale of Gibson’s financial woes has been the leading story in the guitar industry this year. After the famed guitar maker entered bankruptcy in April, trade press and financial news outlets are now reporting that Gibson looks likely to exit bankruptcy in a matter of weeks. Chapter 11 no more? According to articles […]
It looks as though Gibson is actively looking for a new CEO as the job role is now being advertised publically! Bye bye Henry The position for company CEO has just been posted on the internet here and so we have to assume that Henry Juszkiewicz is out of a job. The site ExecThread lists the role as […]
We all heard the news back in May about Gibson undertaking bankruptcy proceedings via the US Bankruptcy Courts Chapter 11, which allows them to control the debt and keep the company running. It appears now though that things are not quite running as smoothly as hoped. World News The news was so big it hit the […]
At last, the painful waiting is over. Gibson Brands Inc. has (finally!) filed for Chapter 11 protection in Delaware, according to Bloomberg. The company’s creditors have, as widely predicted, forced a change in the company leadership. The consumer electronics part of the business responsible for the company’s woes will be sold. Meanwhile, the company wants […]