Adventure Bike Rider Forum

On the 16th dec hein gericke GmbH filled for insolvency in germany..

Parent company...

http://www.dealernews.com/dealernews/ar ... bankruptcy

Oh so it's just a company "restructuring" :huh:
No need to panic just yet then :whistle:

Get ready for the Christmas sale, this seems to be the order of play with Hein Gerick these days

Last time I checked their website it was looking rather bare to be honest!

I have a set of HG Touareg Desert pants/jacket which I rate highly, maybe a good time to get something for the other half at the moment!

Fried Egg Sandwich wrote:Oh so it's just a company "restructuring" :huh:
No need to panic just yet then :whistle:

Only need to panic if they owe you money.
With assets of $100m & debts of $500m then they're insolvent to the tune of $400m.

Don't think it's possible to run shops anymore with mainly own brand clothing.
The likes of Richa,Rukka, Sidi & Klim sell through diverse product retailers which keeps their cost of sale low.
If they didn't have to pay lip service to their retailer channels they would probably go mail order.
There is a place for Heine Gerick but it's probably on the motorcycle dealers shelves & not their expensive own.
And they've probably missed the boat on that one.
Let's hope they can continue in some form as their products are pretty good value for money.

Well my day-glo hein Gericke jacket is very nice - shame the zipper randomly bursts open

Jacket is now used for short trips around town, wouldnt want to be having an off at any decent speed as the jacket wouldnt stay on me :S

Hmmmmm seems ominous

Its only a matter of time before they go bust again, they don't seem to have changed anything from the last time they went bust apart from closing a few stores. It's a shame really, the lads in the Glasgow store are great to deal with.

steve172 wrote:Last time I checked their website it was looking rather bare to be honest!

Their websites pretty shit, nothing seems to be under the right category, they need to put a bit of money into that website and it would pay for itself. If you look on YouTube for a company called Revzilla they do a lot of gear overviews and reviews that get a lot of views and I can imagine a lot of sales, I don't see why a company the size of HG can't copy this. :dry:

+1 for revzilla used there videos to buy kit