Oyster Yachts...shutting down

Discussion in 'Sailboats' started by JosephT, Feb 8, 2018.

  1. JosephT
    Joined: Jun 2009
    Posts: 570
    Likes: 33, Points: 28, Legacy Rep: 218
    Location: Roaring Forties

    JosephT Senior Member

  2. jorgepease
    Joined: Feb 2012
    Posts: 1,472
    Likes: 36, Points: 48, Legacy Rep: 75
    Location: Florida

    jorgepease Senior Member

    Too bad, I liked the Oyster most at the last Miami boat show. The article says - The company had previously reported how 2017 closed with a record £80m+ order book ... So even with record orders, they couldn't keep the doors open.

    I think it's the same for many marine manufacturers, the model is flawed. Overhead, likely, among other costs, has to be seriously cut down and I think it could be done if mfg's would loosely unite to share infrastructure costs and leverage economies of scale.
     
  3. JosephT
    Joined: Jun 2009
    Posts: 570
    Likes: 33, Points: 28, Legacy Rep: 218
    Location: Roaring Forties

    JosephT Senior Member

    Very good points. I truly believe a diversified portfolio of boats is a key ingredient. When the leisure boating market gets tight (as with every recession) you have to have other boats & products to get you by such as work boats, rescue boats, fishing boats, etc.

    Too many vulnerabilities creating one specific boat type...especially in the leisure market.
     
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