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Cupolo's re-opening?

post #1 of 24
Thread Starter 
According to the website, Cupolo Sports is under new management and will be re-opening soon. Wonder if it
is the same people under a new corporation or if it is all truly a new management staff. Anyone know?
post #2 of 24
Lets hope not, but the "new management" thing seems strange.

Why would someone go to the trouble of trying to resurect a failed company with an awful reputation?

And wasn't it family owned?


Lets hope its the same management, and they lose all thier money in this attempt, and wind up broke homeless. It would serve em right for all the people they've stolen from.
post #3 of 24
Thread Starter 
Heck, I am hoping whoever buys Cupolo's uses the same business model. I could use a pair of slalom skis at a ridiculously low price. Just need to order them around May to ensure you get them in time for the next year's ski season....
post #4 of 24
FWIW, I bought a couple pairs of skis from Cupolo about...maybe 4 or 5 years ago, and at the time had no problem at all. Bought em on Ebay. Sounds like maybe I just got lucky in having no problems!
post #5 of 24
Back when the news that they were going bankrupt came out, I sent them an e-mail inquiring as to any blowout sales.

Didnt get anything back until yesterday, just a one-liner saying:

We are re-opening soon.
post #6 of 24
HH, i can't beleive you can't find SL skis on here (epic) or where you live, sorry but being happy cupolos is back is like being happy that Ford is bringing back the Edsel....
post #7 of 24
It seems that Cupolos goes through some going out-of-business or similar controversy every year. At this point, I consider it just regular shady business as usual...
post #8 of 24
Quote:
Originally Posted by waxman View Post
HH, i can't beleive you can't find SL skis on here (epic) or where you live, sorry but being happy cupolos is back is like being happy that Ford is bringing back the Edsel....
No. It's just that he can't find brand new last-year's skis at 75% off.
It's like being happy the local Volkswagon dealership selling Turbo Diesel Jettas for 8 000 Canadain is opening back up.
post #9 of 24
Thread Starter 
Quote:
Originally Posted by waxman View Post
HH, i can't beleive you can't find SL skis on here (epic) or where you live, sorry but being happy cupolos is back is like being happy that Ford is bringing back the Edsel....
Let's see,my purchases from them ...Dynastar Assault -$69 (Great Mogul Skis), Volkl P40 - $30 (for going fast at bigger hills) both brand new.....yeah, I want them back in business. If I can get a similar deal for slalom skis, I am more than willing to do business with them. It is as close to using disposable skis as I have ever come.
post #10 of 24
Excellent news!
post #11 of 24
Here's your chance to make it better:

http://www.cupolosports.com/employment.html
post #12 of 24
Hmmm. New owner. I wonder if the deeply discounted deals will return?

I have my doubts.
post #13 of 24

Beware of Cupolo Sports if you rented equipment from them before their Bankruptcy....

Just a heads up for anyone that had rented ski equipment from Cupolo's this past winter season like I did. I received a call from Cupolo's this past Saturday and they indicated I had to return the snowboard we rented for the season. The only problem for them is since they went bankrupt earlier this year they have no right legally to ask you this. the Cupolo's that rented out that ski equipment is out of biz and not able to come after you for the equipment. According to Asset Engineering (they worked as the liquidators) the new cupolo's that is opening up is not able to ask you for that stuff as they are 2 completely different companies although the name still says Cupolo's. It is a completely different numbered Ontario company. If Cupolo's try to charge you for the old rented equipment, they are conducting an illegal transaction and you need to contact your credit card company and notify them. Unfortunately, Gerry is opening up shop again at the same spot but under a new numbered company name. He is preying on the people to try and get his inventory built up for zero cost to him. He is hoping that people will not contact the liquidators and get the right information. Gerry will offer to give you a discount price of about $115.00 for next ski season if you return the equipment now....or you can buy the equipment you now own for about the cost of what you paid to rent it. Don't be fooled. The bankruptcy company is Shiner Kideckel Zweig Inc and they are located in Toronto. The liquidators are Asset Engineering and their number is (905) 513-7347. Don't be fooled by Cupolo's as they are pulling a fast one. I will be the first to say they have great prices and we have bought from them for years. This incident has changed my mind on buying anything else from them again.
post #14 of 24
Is Gerry the new owner?
post #15 of 24
Quote:
Originally Posted by NFalls_Local View Post
Just a heads up for anyone that had rented ski equipment from Cupolo's this past winter season like I did. I received a call from Cupolo's this past Saturday and they indicated I had to return the snowboard we rented for the season. The only problem for them...
Food for thought--not trying to start an argument--but even if he has no legal claim to it, don't you have an ethical responsibility to give it back? You paid for a rental, the company went out of business, and now the old owner is trying to get some stuff back that was originally his and you (through outside circumstances) made a windfall profit from? You did, after all, pay for a rental and come away with a free pair of skis, right?
post #16 of 24
Yup, Cupolo's had great deals.....only one out of four purchases went bad for me...
post #17 of 24
I cannot speak to Canadian bankruptcy law, but in the U.S. a bankruptcy trustee would certainly have the right to require that you return the rented merchandise. It is an asset of the debtor and the trustee has the right to recapture all such assets. The assets are usually then sold with the proceeds being distributed to the debtor's creditors. However, if the trustee sells the business and its trade name to another entity (and the creditors and bankruptcy court agree to such sale), the new business entity legally owns the assets.

Quote:
Originally Posted by NFalls_Local View Post
The only problem for them is since they went bankrupt earlier this year they have no right legally to ask you this. the Cupolo's that rented out that ski equipment is out of biz and not able to come after you for the equipment.
post #18 of 24
Yeah, what boredtoo says sounds right to me, too.

Even when a company liquidates in bankruptcy, its assets (including equipment it rented to people, and its rights under contracts) go somewhere. Among other possibilities, they might have been sold to another company, with the proceeds being used to pay creditors.

The purposes of bankrupcy are to provide an organized process to try to satisfy creditors to the extent possible, and to facilitate reorganization of a business if it still has going-concern value. The purposes do not include giving out random windfalls by allowing anyone who's in possession of the debtor's property, whether he's paid for it or not, simply to keep it.

This is based on US law, but Canada isn't that foreign a place.
post #19 of 24
Quote:
Originally Posted by billyymc View Post
FWIW, I bought a couple pairs of skis from Cupolo about...maybe 4 or 5 years ago, and at the time had no problem at all. Bought em on Ebay. Sounds like maybe I just got lucky in having no problems!
Same situation here. I bought 2 pairs of Volkls for rediculously low prices from Cupolo Sports and had no problem at all.
post #20 of 24
I would just like to thank all the people who lost money for subsidizing the 75% off price on my (then) new top of the line skis.
post #21 of 24
Got a good deal on boots some years back, no problems. But have not used them since all of the feedback on this site. MIght have been a good move or bad....
------
I also agree, rented stuff from a bancrupt company should be retuned to someone.
post #22 of 24
I bought a pair of Dynastar Omecarve 9s with p10 bindings for 299 precisely when they pulled all of their ebay listings and generally went out of business. They shipped it all and it arrived fine. If they can once again offer prices like that, I'm buying.
post #23 of 24
Quote:
Originally Posted by GregGaspar View Post
Got a good deal on boots some years back, no problems. But have not used them since all of the feedback on this site.
Wow just because of feedback on this site you stopped using the boots?

That's what I call loyalty!


(Is that what my HS English teacher called a dangling pariciple?)
post #24 of 24
I don't think that what a dangling participle applies to.
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