Gibson declares bankruptcy
Posted: Tue May 01, 2018 2:59 pm
Gibson guitar maker files for Chapter 11 bankruptcy protection
Summary: Guitar sales went down as e-music became more popular, and so the company invested heavily in branding and innovations that maybe didn't work out so well. They're reorganizing and going through the bankruptcy motions.
Summary: Guitar sales went down as e-music became more popular, and so the company invested heavily in branding and innovations that maybe didn't work out so well. They're reorganizing and going through the bankruptcy motions.