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Golite Bankruptcy
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I met Coop and his wife @ an Adventure race out West, I think '05, and his gear and ideals were top notch for the times... It was my baptism of UL, after the race I bought a Golite Infinity backpack(under a pound w/frame sheet) and a Hybrid Down bag that was more like a 20 degree Mummy w/ a removable 40 Degree Top Quilt thingy... 2 quality pieces that served me for many, many miles... Still rockin' my 7 year old Wisp... Too bad... I've heard he let the operations slip away from his control years ago...1 Fish, 2 Fish, Red Fish, Blue Fish...
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i remember when coup was going to set a record by hiking 620 miles in 40 days without resupply. he loaded his golite pack with 140 pounds and made it to neels gap where he decided that this wasn't really a record he wanted to hold. the fact that his pack held up with that much weight was evidence to me that this was a quality backpack. (in the early years backpacker magazine was critical of golite).2,000 miler
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I went on last night as soon as I saw this to buy another Rush 14 day pack. They are gone. I doubt that golite has enough inventory to get through a month.Sometimes you will never know the value of a moment until it becomes a memory.
Dr. Seuss -
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Rasty wrote:
I went on last night as soon as I saw this to buy another Rush 14 day pack. They are gone. I doubt that golite has enough inventory to get through a month.
yeah, i'm not holding my breath waiting on the emails they are supposed to send me when "my item is back in stock".2,000 miler -
it is very unfortunate - and someone will step in and make a Cuben fiber backpack that will replace it...
BACKCOUNTRYGEAR
Be wise enough to walk away from the nonsense around you! -
i got an email this afternoon from golite saying that they are going out of business; all stores and website closing. 20% off everything; shop now while selection is best.
i used the smiley as both times i have tried to buy something they were out of stock...
right now the website is down. maybe they didn't make that last payment to whoever runs their website.
[IMG:http://extras.mnginteractive.com/live/media/site21/2014/1114/20141114_012747_Everything Must Go_300.jpg]
2,000 milerThe post was edited 3 times, last by max.patch ().
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WiseOldOwl wrote:
it is very unfortunate - and someone will step in and make a Cuben fiber backpack that will replace it...
BACKCOUNTRYGEAR
Yikes. $345 and it is still over 2 lbs. If I pay that much for a pack it better set up my tarp for me and cook me dinner.
"Dazed and Confused"
Recycle, re-use, re-purpose
Plant a tree
Take a kid hiking
Make a difference -
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mmmm how about 16?
Be wise enough to walk away from the nonsense around you!The post was edited 1 time, last by Wise Old Owl ().
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jimmyjam wrote:
WiseOldOwl wrote:
it is very unfortunate - and someone will step in and make a Cuben fiber backpack that will replace it...
BACKCOUNTRYGEAR
Yikes. $345 and it is still over 2 lbs. If I pay that much for a pack it better set up my tarp for me and cook me dinner.
There's no way getting around it. They put a lot of thought and used dyneema on the pockets and the straps are the same everyone wants mesh on the outside... and it may be the only pack you need.Be wise enough to walk away from the nonsense around you! -
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yup I attempted to gut the post space... when I hit the button it was if JJ said it.Be wise enough to walk away from the nonsense around you!
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they posted this on facebook today. i think it will be a while before they actually sell gear that will never be in stock.
Founders of GoLite will start a new company, looking to become a global manufacturer of innovative and responsibly-made apparel and equipment designed for the outdoors. They strive to be a leader in terms of channel distribution, technical performance, and sustainable business practice.Maintaining their status as a Colorado based company, looking forward to seeing you on the trail.2,000 miler -
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Rasty wrote:
They have 50% of their items in stock at any given time. Not bad if your in communist era Soviet Union.
I am reporting you to the master - you said commie!Be wise enough to walk away from the nonsense around you! -
hikerboy wrote:
the sold out 50% is the stock people actually buy.
(but their customer service is outstanding.)
Realistically it's probably because they are slow at paying their suppliers.Sometimes you will never know the value of a moment until it becomes a memory.
Dr. Seuss -
Rasty wrote:
hikerboy wrote:
the sold out 50% is the stock people actually buy.
(but their customer service is outstanding.)
Realistically it's probably because they are slow at paying their suppliers.
realistically, theyve priced themselves too cheap,thats why they went broke.. its going to be tough to reenter the market and raise prices at the same time, which they need to do if they would like to turn a profit.
it reminded me of a surf shop that closed in long beach a few years back, and i laughed when my friend told him he was upset because the owner always gave him all kinds of free stuff. and then wondered why they went out of business.its all good -
I think their issue was a combo of the B&M stores and trying to sell a lot of "lifestyle" clothing.
If they had sold their basic items that were done well, and perhaps not cutting out their retailers, GoLite may had done well as a niche company that sells "bread and butter" lightweight gear that ain't sexy, but work wells, is reasonably light and is affordable.
Examples? The original Jam (a very good pack IMO), the ShangriLa, the Bitterroot jacket, the Tumalo, etc.
Counter example? The town pants, button down Oxfords, and and so on.
I have a gut feeling Sierra Designs is aiming for this market now with Skurka on board. There s a niche for a company that is bigger than the cottage gear makers but still sells gear that while is not cutting edge is a very good value and light for the money. -
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Astro wrote:
I assume the B&M is Brick and Mortar.
I think it was meant as bowel and movement, referring to something along the lines of sh!t outta luck.Changes Daily→ ♪♫♪♫♪♫♪♫ ♪♫♪♫♪♫ ← Don't blame me. It's That Lonesome Guitar. -
PaulMags wrote:
I think their issue was a combo of the B&M stores and trying to sell a lot of "lifestyle" clothing.
i agree; when they diversified into a bean and outdoor store it was just a matter of time. beans are too much of a niche market to be successful on their own. in additon, selling new england beans in colorado stores made no sense.
[IMG:http://www.foodservicedirect.com/productimageslarge/OT490909L.jpg]2,000 miler
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