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Kneissl gone?

post #1 of 18
Thread Starter 

Hearing reports of Kneissl declaring insolvency today. Bloomberg story. Weird given recent thread on 2012 lineup; I was PM-ing the guy several times, not a hint. Any confirmations? 

post #2 of 18
http://www.monstersandcritics.com/news/europe/news/article_1617847.php/Austrian-firm-that-pioneered-carving-skis-is-bankrupt

Yep, learned to ski on some White Star Mids in the late 70s. I bought some Kneissl poles to go with them, and I still use those to this day.

 

post #3 of 18
Quote:
Originally Posted by beyond View Post

Hearing reports of Kneissl declaring insolvency today. Bloomberg story. Weird given recent thread on 2012 lineup; I was PM-ing the guy several times, not a hint. Any confirmations? 


I only recently found out about this on Tuesday, as the filing was made due to the failure of the company's primary shareholder to make a promised capital contribution.  While I am of course concerned and looking to gather more information, Kneissl is still shipping us product and as far as I know moving forward with their plans for next season.  So are we!

 

I'll keep the forum posted!

 

Mike

post #4 of 18

Not surprised. They made great skis but you never heard anything about them. If I were the primary investors I would hold the $$$ back too.

they need a better marketing plan.

 

 

Johnny

post #5 of 18
Quote:
Originally Posted by mmckimson View Post



Quote:
Originally Posted by beyond View Post

Hearing reports of Kneissl declaring insolvency today. Bloomberg story. Weird given recent thread on 2012 lineup; I was PM-ing the guy several times, not a hint. Any confirmations? 


I only recently found out about this on Tuesday, as the filing was made due to the failure of the company's primary shareholder to make a promised capital contribution.  While I am of course concerned and looking to gather more information, Kneissl is still shipping us product and as far as I know moving forward with their plans for next season.  So are we!

 

I'll keep the forum posted!

 

Mike


To quote Mark Twain..."The rumors of my death were extremely exaggerated?"

post #6 of 18

Kneissl makes some great skis. I hope they can find the $$ to continue designing and making them.  

post #7 of 18

I was a BIG fan of the White Stars. Skied a friend's several times.  Never found a pair in the Midwest to buy back then........... Investor sketchiness is quite common today, I see and hear it everywhere. In a way you can't blame them. It doesn't look like were in for stability any time soon, from the paperboys running the newspapers ...... From what I saw, I could be interested in a new pair Kneissls......... Hope they get it together. They have a great name and following from the past.  Look at what Kastle did with much the same.

post #8 of 18

"He who has a thing to sell and goes and whispers in a well is not as apt to get the dollars and he who climbs a tree and hollers!"

 

~back of a package of sugar at a Ramada Inn, somewhere in VT.

 

 

Johnny

post #9 of 18

Bummer.  frown.gif

post #10 of 18
Quote:
Originally Posted by FujativeOCR View Post

Bummer.  frown.gif


It is, but until it all shakes out, I'll remain hopeful and keep trying to spread the word...

 

Mike

post #11 of 18

 Mike,  Is there any information to add to this thread now ?

post #12 of 18

SkiMalibu,

 

Not a lot of new information at this point. The last communication I had suggested that an offer to purchase the company was being submitted to the court by the president (a minority stockholder) who had obtained a new investment partner.  If the offer is accepted it will of course keep Kneissl going, and I would hope that they will crank production back up for next season.  It'd be great if this comes to pass, as some of the new skis they've designed that were to be released this season (in particular the Ride Star and revamped Rock Star) look terrific.

 

When I hear more, I'll post another reply to this thread.

 

Mike

 

 

 

post #13 of 18

Thanks for the update Mike !

 

I'd like to see Kneissl back in the fray. They were always a quality well built ski.

 

A few names to ponder, you choose their specs to fill in the other end of the line up.

 

"Super Star" / "Pow Star" or "Powder Star" 

 

Regards,

                                  

post #14 of 18

They could expand on the star thing a little too.  For example...call a kids ski a White Dwarf.  For the next much larger fatter and rockeredier Rock Star...name it the Red Giant.  There could be a Shooting Star, Black Hole, Quasar, North Star etc. etc....

post #15 of 18



 

Quote:
Originally Posted by FujativeOCR View Post

They could expand on the star thing a little too.  For example...call a kids ski a White Dwarf.  For the next much larger fatter and rockeredier Rock Star...name it the Red Giant.  There could be a Shooting Star, Black Hole, Quasar, North Star etc. etc....


 You might be on to something there. (The use of tasteful graphics could be good with those names also. Those names paint pictures.) Maybe a change in appearance of a certain line of their skis could be helpful to them. Then let the market decide which models get changed internally or dropped.

 

 Ultimately it is up to Kneissl's marketing people and the funds that they have available to them.

 

 If they vaguely followed the road laid down by Kastle with some changes (not as many skis for one) it could get real interesting.
 

 


Edited by skimalibu - 11/4/11 at 5:38pm
post #16 of 18

Following Kastles example would be good for a couple years, and yes with fewer models, but I think even after a few years on the market, the Kastles are getting boring now.  It's not new and fresh anymore and we all know what they look like.  They are due for a change.

 

Kneissl does need some marketing.  There's nothing wrong with the skis besides the fact nobody knows about them.

post #17 of 18

As an update, the primary investor has acquired the assets of Kneissl from the bankruptcy court in Austria.  While I'm not privy to inside information other than the information passed onto us, my assumption is that the skis as designed for the 2012/2013 season, including the new all mountain Ride Star will be the skis released.  Should I find out anything more, I'll gladly post information here.

 

Mike

 

post #18 of 18

Thanks for keeping us updated on this, Mike! 

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