Sad news as they have offered great basses over the years and they where very lefty friendly.
Too many speculations out there but nothin official but people out there are assuming Fender is a good candidate to buy them off.
Latest solid news where:
The G&L Custom Shop Masterbuilder wrote:
The tariffs had very little impact on what caused the business to stop. I’m no fan of the tariffs, or Trump and his policies or what they've done to the economy. But that's not why this happened. Period. Sales for standard production have been awful all year. The only consistent orders we had were in custom shop, where I still had a few months worth to complete when this all went boobies up. The company was hemorrhaging before the tariffs were even implemented. There's also a pending lawsuit from 2 former employees that's made it so no one that can act as an investor wants to touch the business with a 10 foot pole. That's not tariff related either.
The tariffs didn't push it over the edge. The last time we received an import shipment, the tariffs were paused. The most recent import shipment that was due to be impacted by them didn't even make it to the Long Beach port before we died.... this shutdown does not have to do with the tariffs for an incoming tribute shipment. That was speculation by Rhett Shull. While tariffs certainly didn't help our situation, there were many other reasons that company was driven into the ground that all started long before Trump.
There's a thread on Talkbass where they are currently sharing more info:
https://www.talkbass.com/threads/g-l-ou ... ss.1677465
G&L Guitars is officially closed.
Re: G&L Guitars is officially closed.
Interesting Paulo thanks. Greg from Rocket Music posted on his TB forum that there were legal issues that were impeding sale of the company, and this confirms that. I have a Custom Shop Fallout built last year and it's killer. Glad I got it before they went under. I hope the company can be sold and revived, but maybe that's not in the cards.
Re: G&L Guitars is officially closed.
Major bummer. Of 30 or so basses sold over the past decade, my built-to-order SB-2 has been my favorite since 2017.
Re: G&L Guitars is officially closed.
Hopefully someone will take over and continue the work.bhunt1 wrote:Interesting Paulo thanks. Greg from Rocket Music posted on his TB forum that there were legal issues that were impeding sale of the company, and this confirms that. I have a Custom Shop Fallout built last year and it's killer. Glad I got it before they went under. I hope the company can be sold and revived, but maybe that's not in the cards.
Re: G&L Guitars is officially closed.
Truthfully, they've always had a marketing problem. No high profile players to endorse them, for example. People who've owned them and played them rarely part with them (Especially lefties. Near impossible to find vintage Leo period lefties), but they've always had kind of a cult following. I hope they come back in some capacity (And not cheapened like so many other good brands that got bought out).