13731161:DirtyDruid said:Whats up with the warranty on new K2 skis?
Roll of the dice at this point.
13731161:DirtyDruid said:Whats up with the warranty on new K2 skis?
13730562:GORILLAWALLACE said:haha andy made a regretful post
13731170:Session said:Roll of the dice at this point.
13731161:DirtyDruid said:Whats up with the warranty on new K2 skis?
13731926:Bagels said:Spotted David Lesh's helicopter on the rooftop of K2 today.. As lucrative as Virtika is he's probably gonna buy it cash.
13732104:freeballer said:Lesh is a baller for sure, but don't think he has the $60,000,000 to $100,000,000 it will take to purchase K2.
13726205:FKS_HEEL_PIECE said:The most fucked thing about this shitshow is that dalbello was like JUST absorbed by k2, and is already going under. That's so fucked.
13734115:.lencon said:Vail will buy them.
13734127:broto said:please have your vail approved skis ready to scan before boarding this chairlift. only $500 until november 1st. but after that, it's $150 a day to rent.
13734127:broto said:please have your vail approved skis ready to scan before boarding this chairlift. only $500 until november 1st. but after that, it's $150 a day to rent.
13735049:JLev said:I worked for 7 years at K2 Sports. I've done everything from building skis in my garage, to operating a small and medium size private ski company, sold it twice to keep it afloat and now have gone back to a startup boutique ski company selling exclusively direct at Jskis.com. So over the past 20 years I've worked on every side and for every size ski business. My biggest take away from all of it is that winter sports brands never have, and never will match a public company's financial goals due to their seasonality and limited market size. This is a fact!
Public companies exist for one simple reason... to make more money every year. As an investor or shareholder you can't disagree with this. Reality is the ski industry is not growing, it's shrinking so the only way to accomplish annual growth is by spending less while selling the same. In a flat business this can only be accomplished by making cheaper product, reducing the number of employees, reducing athlete and media support, less marketing, ultimately investing less and less of the money made back into the brand and the sport. This leads to an automatic death spiral driving sales down, thus requiring more cutting and so on. Eventually the public company comes to the conclusion that they are done squeezing blood from a rock and it's time to sell it and look for the the next brand to purchase to do the same. Successful public companies know that the best brands sell the same product year round for decades to 100% of the population, everywhere on earth (paper towels, shoes, toothpics, etc.). The ski industry sells to a tiny nitche of consumers, for only 5 months a year... and only if it snows!
That said as you all know, the passion of winter sports consumers is second to none and is the reason that these brands do have a strong future and can be very profitable IF managed correctly which requires being privately owned. For this reason selling these brands is inevitable and can be an amazing opportunity and long term best for the brands and the ski industry.
The problem however is that Newel's goals are not driven by what's best for the brands, they want to sell it as as one giant conglomerate for efficiency and cost savings of doing one deal. I've talked to Newel directly this past week inquiring about the potential to buy Line and FT and they confirmed it will only be sold all as a whole, no option for someone to buy a single brand/brands, this includes the Euro division as well.
Thus it's unlikely the brands will be in any better hands than now and likely worse similar to when Quicksilver bought Rossignol and ran them into the ground before a private equity firm bought them back and got them back on track to where they are today. My guess is whoever buys it will either immediately break them up and sell individually to make profit or try to live the ski industry dream for a couple of years before bleed to death and eventually give in to re-sell separately or as a whole again down the road for even less.
I truly believe each and every brand has amazing potential to be sustainable stand alone or part of the right group if owned & operated by the right people. The industry can be rejuvenated with the profit made, being reinvested back into the sport (instead of wallstreet) so we actually have a chance of our sport not only surviving but growing (climate change aside). So if anyone has access to a couple hundred million dollars, hit me up and we can take a crack at saving 30% of the ski industries brands with the power to fix a lot of what's broken in skiing and snowboarding.
13735049:JLev said:I worked for 7 years at K2 Sports. I've done everything from building skis in my garage, to operating a small and medium size private ski company, sold it twice to keep it afloat and now have gone back to a startup boutique ski company selling exclusively direct at Jskis.com. So over the past 20 years I've worked on every side and for every size ski business. My biggest take away from all of it is that winter sports brands never have, and never will match a public company's financial goals due to their seasonality and limited market size. This is a fact!
Public companies exist for one simple reason... to make more money every year. As an investor or shareholder you can't disagree with this. Reality is the ski industry is not growing, it's shrinking so the only way to accomplish annual growth is by spending less while selling the same. In a flat business this can only be accomplished by making cheaper product, reducing the number of employees, reducing athlete and media support, less marketing, ultimately investing less and less of the money made back into the brand and the sport. This leads to an automatic death spiral driving sales down, thus requiring more cutting and so on. Eventually the public company comes to the conclusion that they are done squeezing blood from a rock and it's time to sell it and look for the the next brand to purchase to do the same. Successful public companies know that the best brands sell the same product year round for decades to 100% of the population, everywhere on earth (paper towels, shoes, toothpics, etc.). The ski industry sells to a tiny nitche of consumers, for only 5 months a year... and only if it snows!
That said as you all know, the passion of winter sports consumers is second to none and is the reason that these brands do have a strong future and can be very profitable IF managed correctly which requires being privately owned. For this reason selling these brands is inevitable and can be an amazing opportunity and long term best for the brands and the ski industry.
The problem however is that Newel's goals are not driven by what's best for the brands, they want to sell it as as one giant conglomerate for efficiency and cost savings of doing one deal. I've talked to Newel directly this past week inquiring about the potential to buy Line and FT and they confirmed it will only be sold all as a whole, no option for someone to buy a single brand/brands, this includes the Euro division as well.
Thus it's unlikely the brands will be in any better hands than now and likely worse similar to when Quicksilver bought Rossignol and ran them into the ground before a private equity firm bought them back and got them back on track to where they are today. My guess is whoever buys it will either immediately break them up and sell individually to make profit or try to live the ski industry dream for a couple of years before bleed to death and eventually give in to re-sell separately or as a whole again down the road for even less.
I truly believe each and every brand has amazing potential to be sustainable stand alone or part of the right group if owned & operated by the right people. The industry can be rejuvenated with the profit made, being reinvested back into the sport (instead of wallstreet) so we actually have a chance of our sport not only surviving but growing (climate change aside). So if anyone has access to a couple hundred million dollars, hit me up and we can take a crack at saving 30% of the ski industries brands with the power to fix a lot of what's broken in skiing and snowboarding.
13735049:JLev said:I worked for 7 years at K2 Sports. I've done everything from building skis in my garage, to operating a small and medium size private ski company, sold it twice to keep it afloat and now have gone back to a startup boutique ski company selling exclusively direct at Jskis.com. So over the past 20 years I've worked on every side and for every size ski business. My biggest take away from all of it is that winter sports brands never have, and never will match a public company's financial goals due to their seasonality and limited market size. This is a fact!
Public companies exist for one simple reason... to make more money every year. As an investor or shareholder you can't disagree with this. Reality is the ski industry is not growing, it's shrinking so the only way to accomplish annual growth is by spending less while selling the same. In a flat business this can only be accomplished by making cheaper product, reducing the number of employees, reducing athlete and media support, less marketing, ultimately investing less and less of the money made back into the brand and the sport. This leads to an automatic death spiral driving sales down, thus requiring more cutting and so on. Eventually the public company comes to the conclusion that they are done squeezing blood from a rock and it's time to sell it and look for the the next brand to purchase to do the same. Successful public companies know that the best brands sell the same product year round for decades to 100% of the population, everywhere on earth (paper towels, shoes, toothpics, etc.). The ski industry sells to a tiny nitche of consumers, for only 5 months a year... and only if it snows!
That said as you all know, the passion of winter sports consumers is second to none and is the reason that these brands do have a strong future and can be very profitable IF managed correctly which requires being privately owned. For this reason selling these brands is inevitable and can be an amazing opportunity and long term best for the brands and the ski industry.
The problem however is that Newel's goals are not driven by what's best for the brands, they want to sell it as as one giant conglomerate for efficiency and cost savings of doing one deal. I've talked to Newel directly this past week inquiring about the potential to buy Line and FT and they confirmed it will only be sold all as a whole, no option for someone to buy a single brand/brands, this includes the Euro division as well.
Thus it's unlikely the brands will be in any better hands than now and likely worse similar to when Quicksilver bought Rossignol and ran them into the ground before a private equity firm bought them back and got them back on track to where they are today. My guess is whoever buys it will either immediately break them up and sell individually to make profit or try to live the ski industry dream for a couple of years before bleed to death and eventually give in to re-sell separately or as a whole again down the road for even less.
I truly believe each and every brand has amazing potential to be sustainable stand alone or part of the right group if owned & operated by the right people. The industry can be rejuvenated with the profit made, being reinvested back into the sport (instead of wallstreet) so we actually have a chance of our sport not only surviving but growing (climate change aside). So if anyone has access to a couple hundred million dollars, hit me up and we can take a crack at saving 30% of the ski industries brands with the power to fix a lot of what's broken in skiing and snowboarding.
13735179:travias said:Preach! Do I smell a kickstarter campaign coming on? Donate $5000, get .005% of the company and free skis for life! Only have to actually pay it out we reach the goal of $100,000,000
13735049:JLev said:I worked for 7 years at K2 Sports. I've done everything from building skis in my garage, to operating a small and medium size private ski company, sold it twice to keep it afloat and now have gone back to a startup boutique ski company selling exclusively direct at Jskis.com. So over the past 20 years I've worked on every side and for every size ski business. My biggest take away from all of it is that winter sports brands never have, and never will match a public company's financial goals due to their seasonality and limited market size. This is a fact!
Public companies exist for one simple reason... to make more money every year. As an investor or shareholder you can't disagree with this. Reality is the ski industry is not growing, it's shrinking so the only way to accomplish annual growth is by spending less while selling the same. In a flat business this can only be accomplished by making cheaper product, reducing the number of employees, reducing athlete and media support, less marketing, ultimately investing less and less of the money made back into the brand and the sport. This leads to an automatic death spiral driving sales down, thus requiring more cutting and so on. Eventually the public company comes to the conclusion that they are done squeezing blood from a rock and it's time to sell it and look for the the next brand to purchase to do the same. Successful public companies know that the best brands sell the same product year round for decades to 100% of the population, everywhere on earth (paper towels, shoes, toothpics, etc.). The ski industry sells to a tiny nitche of consumers, for only 5 months a year... and only if it snows!
That said as you all know, the passion of winter sports consumers is second to none and is the reason that these brands do have a strong future and can be very profitable IF managed correctly which requires being privately owned. For this reason selling these brands is inevitable and can be an amazing opportunity and long term best for the brands and the ski industry.
The problem however is that Newel's goals are not driven by what's best for the brands, they want to sell it as as one giant conglomerate for efficiency and cost savings of doing one deal. I've talked to Newel directly this past week inquiring about the potential to buy Line and FT and they confirmed it will only be sold all as a whole, no option for someone to buy a single brand/brands, this includes the Euro division as well.
Thus it's unlikely the brands will be in any better hands than now and likely worse similar to when Quicksilver bought Rossignol and ran them into the ground before a private equity firm bought them back and got them back on track to where they are today. My guess is whoever buys it will either immediately break them up and sell individually to make profit or try to live the ski industry dream for a couple of years before bleed to death and eventually give in to re-sell separately or as a whole again down the road for even less.
I truly believe each and every brand has amazing potential to be sustainable stand alone or part of the right group if owned & operated by the right people. The industry can be rejuvenated with the profit made, being reinvested back into the sport (instead of wallstreet) so we actually have a chance of our sport not only surviving but growing (climate change aside). So if anyone has access to a couple hundred million dollars, hit me up and we can take a crack at saving 30% of the ski industries brands with the power to fix a lot of what's broken in skiing and snowboarding.
13735049:JLev said:I worked for 7 years at K2 Sports. I've done everything from building skis in my garage, to operating a small and medium size private ski company, sold it twice to keep it afloat and now have gone back to a startup boutique ski company selling exclusively direct at Jskis.com. So over the past 20 years I've worked on every side and for every size ski business. My biggest take away from all of it is that winter sports brands never have, and never will match a public company's financial goals due to their seasonality and limited market size. This is a fact!
Public companies exist for one simple reason... to make more money every year. As an investor or shareholder you can't disagree with this. Reality is the ski industry is not growing, it's shrinking so the only way to accomplish annual growth is by spending less while selling the same. In a flat business this can only be accomplished by making cheaper product, reducing the number of employees, reducing athlete and media support, less marketing, ultimately investing less and less of the money made back into the brand and the sport. This leads to an automatic death spiral driving sales down, thus requiring more cutting and so on. Eventually the public company comes to the conclusion that they are done squeezing blood from a rock and it's time to sell it and look for the the next brand to purchase to do the same. Successful public companies know that the best brands sell the same product year round for decades to 100% of the population, everywhere on earth (paper towels, shoes, toothpics, etc.). The ski industry sells to a tiny nitche of consumers, for only 5 months a year... and only if it snows!
That said as you all know, the passion of winter sports consumers is second to none and is the reason that these brands do have a strong future and can be very profitable IF managed correctly which requires being privately owned. For this reason selling these brands is inevitable and can be an amazing opportunity and long term best for the brands and the ski industry.
The problem however is that Newel's goals are not driven by what's best for the brands, they want to sell it as as one giant conglomerate for efficiency and cost savings of doing one deal. I've talked to Newel directly this past week inquiring about the potential to buy Line and FT and they confirmed it will only be sold all as a whole, no option for someone to buy a single brand/brands, this includes the Euro division as well.
Thus it's unlikely the brands will be in any better hands than now and likely worse similar to when Quicksilver bought Rossignol and ran them into the ground before a private equity firm bought them back and got them back on track to where they are today. My guess is whoever buys it will either immediately break them up and sell individually to make profit or try to live the ski industry dream for a couple of years before bleed to death and eventually give in to re-sell separately or as a whole again down the road for even less.
I truly believe each and every brand has amazing potential to be sustainable stand alone or part of the right group if owned & operated by the right people. The industry can be rejuvenated with the profit made, being reinvested back into the sport (instead of wallstreet) so we actually have a chance of our sport not only surviving but growing (climate change aside). So if anyone has access to a couple hundred million dollars, hit me up and we can take a crack at saving 30% of the ski industries brands with the power to fix a lot of what's broken in skiing and snowboarding.
13735049:JLev said:So if anyone has access to a couple hundred million dollars, hit me up and we can take a crack at saving 30% of the ski industries brands with the power to fix a lot of what's broken in skiing and snowboarding.
13735403:Carved+Dangerous said:I think you just want a cushy corporate job
13735403:Carved+Dangerous said:How are you going to fix the weather and make people more resilient to being injured? I think you just want a cushy corporate job, but I might be wrong.. care to lay out your ideas and reasoning on what you know that other people don't?
13735531:JLev said:Haha I wouldn't have spent past 20 years working in ski industry if I wanted a cushy corporate job. Learn your history and you'll understand yo future!
13735531:JLev said:Haha I wouldn't have spent past 20 years working in ski industry if I wanted a cushy corporate job. Learn your history and you'll understand yo future!
13735540:Carved+Dangerous said:You wanna be a rockstar? Grow JSkis to something enormous. Now is your chance with the hole in the market. You sold out of Line and FT years ago, now you want them back?
13735557:broto said:You're a kook dude
13735563:Carved+Dangerous said:I had a reply all lined up but f*** it.
13735597:C_dub said:You should start mass producing your skis to fill the coming gap in the industry. Oh wait, no one wants them
13735540:Carved+Dangerous said:You wanna be a rockstar? Grow JSkis to something enormous. Now is your chance with the hole in the market. You sold out of Line and FT years ago, now you want them back?
13735609:saskskier said:Are you saying that already building one of the first and most influential freestyle from the ground up hasn't been enough?
13735615:Carved+Dangerous said:Freestyle what?
Twintips? Wasn't that Armada, oh wait, wasn't that idea taken from Salomon?
Full Tilt? Wasn't that from Raichle moulds?
http://lineskis.com/history13735615:Carved+Dangerous said:Freestyle what?
Twintips? Wasn't that Armada, oh wait, wasn't that idea taken from Salomon?
Full Tilt? Wasn't that from Raichle moulds?
13735624:Rparr said:Oh my god, is this really how the shartcarve guy is trying to stay relevant?
13735629:Carved+Dangerous said:JLev didn't invent the full-length twintip. Line were putting out a mini twintip in 1997 (a type of snowblade.. but did he invent the snowblade?)
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At that time the (pre)Armada guys probably saw them (from Line or other brands,) and then came up with the idea (as inspired by snowboarders) to do full-length trick skis (ie twintips) in the Air Carve video as a pitch to Salomon who then built them. Those mogul skiers could then use them and went on start Armada. But prior to that, Line copied (if that is the right word) Salomon and expanded their product line.
Why does this matter anyway? I just asked JLev to post his ideas on how he could save (or kickstart) the industry. So now that I've gone into some of the history... it's his turn. So far he mentioned reinvesting profits back into the industry... anything else?
13735604:Carved+Dangerous said:U don't need special skis to h-carve, although it enhances the experience a lot. I invited JLev into the HC cult (I'd hardly call it a cult) but he's yet to join. HAHAHA. Large companies often fire startup founders, not recruit them.... that's part of the reason why I asked him to post his ideas...
13735624:Rparr said:Oh my god, is this really how the shartcarve guy is trying to stay relevant?
13735624:Rparr said:Oh my god, is this really how the shartcarve guy is trying to stay relevant?
13735644:saskskier said:No where did I say that JLev invented the twin-tip ski.
13736161:Carved+Dangerous said:Comment from Air Carve vid: "Olin mark IV was the first twin, way back in 1974, during the heyday of hotdogging" Wikipedia
The biggest problem with making skis is inhaling all the resin fumes. No joke. Glad I don't do it.
13736166:saskskier said:I'm not sure what you're trying to accomplish with this post? I've never argued that JLev invented the twin tip ski.