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Takoon Bankruptcy

Posted: Thu Jun 03, 2004 5:27 am
by OliverG
Takoon International has apparently filed bankruptcy, more info in this link:

http://www.societe.com/cgi-bin/recherche?rncs=440812873

Despite the growth kiteboarding has been enjoying, it's still a small market with many players. It will be interesting to see how things play out by the years end. Of course, this particular instance could be the result of many things - bad management, poor sales, excessive spending, etc.

Where do you think the kite industry is headed?

Posted: Thu Jun 03, 2004 7:57 am
by fearlu
Here's the simple answer: like any mature business, there will be three (or so) major players and the rest will fight for the small piece of pie that remains. I don't think Takoon was one of the favored few so...

As far as numbers go, I can guess at the top three. Anybody know for sure who they are based on real sales figures? No-margin kite sales don't count!

Posted: Thu Jun 03, 2004 12:07 pm
by OliverG
Hmm, would they currently be Naish, Slingshot and Cabrinha? Based on market penetration and sales to date?

Posted: Fri Jun 11, 2004 9:02 pm
by Guest
No Wipika sell way more kites than Cabrina. got to look atWorldwide sales not just BA.

Posted: Sat Jun 26, 2004 8:01 am
by Guest
WRONG! Cabrinha is top 2 WorldWide!!!!