Archived posting to the Leica Users Group, 2004/09/06
[Author Prev] [Author Next] [Thread Prev] [Thread Next] [Author Index] [Topic Index] [Home] [Search]duncan in the 1950s was a classic case of too much success too soon ruining a company -- they were like coleco with cabbage patch dolls -- the damn things took off swamping production and distribution capacity, the company ended up spending a bundle to air-ship special wood (hard rock maple) from vermont or wherever, and more money cranking out toys on overtime, and more shipping like crazy to meet demand, all the while hoping the booom would last and eventually larger market share would pay for it all. it didn't, like subsequent yo-yo and other fad busts. The loss of the trademark later on was an aftershock. Ilford isn't int he same situatione exactly, but being a large company having to contract capacity is never easy and can be fatal, especially if the company has been sold and the new owners have debt to pay off. In that situation, the market for the product almost becomes irrelevant because even if they are meeting their ongoing costs -- making more than they spend to produce the product -- the debt soaks up all the excess and then some, and it becomes a losing proposition. this is why i try to live debt free, by the way -- ur never really independend and able to react to changes if you are in debt to someone else. c trentelman In a message dated 9/6/04 11:19:52 AM, lug-request@leica-users.org writes: > Content-Type: text/plain; charset="us-ascii" > > Now that's funny; both companies ended up in bankruptcy.?? But I betcha the > lawyers did OK.? > > -dan c. > > At 10:42 AM 06-09-04 EDT, SonC@aol.com wrote: > > > >1965?? Yo-yo market drops after huge fad. Duncan loses landmark court > battle > >with Royal Tops Company over Duncan's trademark on the word "Yo-Yo." Name > is > >ruled a generic term. Legal costs force both companies into bankruptcy. >