The UK's Finest Independent Forum for Shooters and Gun Owners. Est 2010.

Seems as though they have been using the Greek business model.

http://www.bbc.co.uk/news/business-33130987

dromia wrote:Seems as though they have been using the Greek business model.

http://www.bbc.co.uk/news/business-33130987

This is actually the second or third time they've done this. My god, they are running out places to run.

If he were alive today owd Samuel would be spinnin' in his grave...

Revolving, surely?

Considering at one time, three of the most copied guns in the world featured in their catalog when almost no one else made them...

whoowhoop wrote:Revolving, surely?

Sad to see such an iconic maker floundering.

I thought the US market was doing well ? What happened?

daman wrote:Sad to see such an iconic maker floundering.

I thought the US market was doing well ? What happened?

It is doing well, granted its slowed for the panic buying of 2013-14 but still at an all time high. Colt relied too heavily on military contracts that dried up, their stuff's patents expired so everyone and their mother could make an AR and 1911. Couple that with neglecting those markets and you have a company that struggled when it finally decided to try and make it right. These things happen. Its why Winchester is now owned by FN among other things.

meles meles wrote:If he were alive today owd Samuel would be spinnin' in his grave...

If he were alive today Samuel wouldn't be spinnin' in his grave........as he would be alive!