Ever heard of GSM Outdoors? They just bought Cold steel.

Discussion in 'General Knife Discussion' started by Smiling, Dec 2, 2020.

  1. cbrstar

    cbrstar

    965
    Sep 7, 2015
    And right before Christmas.
     
    Lee D, Smiling and Quiet like this.
  2. DocJD

    DocJD

    Jan 29, 2016
    I had some vain hope that new management might mean a positive turnaround . :oops:

    Put someone like AD at the helm and get back on track with innovative , high performance / value products . :cool:

    All indications say otherwise . :(:thumbsdown::thumbsdown:

    Ominous lack of communication about this from CS on their own forum here .

    If they had any good news for the fans , I suspect they'd be sharing it !
     
    insta9ves and Smiling like this.
  3. tltt

    tltt

    May 1, 2008
    I remember reading Lynn was in real estate and advertising for a while before Cold Steel, I'm guessing he's probably in his low-mid 60's now, so it's not unexpected. I do hope he maybe stays on a bit as a designer or some other guidance capacity.

    That being said, I'm also waiting for the purge of some of the neat and odd stuff they were known for :(.
     
    Smiling likes this.
  4. marcinek

    marcinek

    Jan 9, 2007
    Why? Being able to design a knife doesn't mean you know how to run a huge knife company.
     
    Eli Chaps likes this.
  5. afishhunter

    afishhunter Basic Member Basic Member

    Oct 21, 2014
    Maybe under GSM's leadership, they'll bring back the five foot one piece heavy wall "Professional" big bore blowgun. :)

    EDIT
    And stop marketing virtually everything they sell as a "weapon"...
     
    jeepin and Smiling like this.
  6. jbmonkey

    jbmonkey Platinum Member Platinum Member

    Jun 9, 2011
    was cold steel not making money? or did Lynn just see a chance to retire from the business and do other things or whatnot?

    I assumed retired, but guess anything is possible. since private company books aren't public record.
     
    Noremac258 and Smiling like this.
  7. DocJD

    DocJD

    Jan 29, 2016
    You can always hire a business manager .

    But , I think it helps to have leadership that understands the customer / fan base .
     
    matt009au, insta9ves and Smiling like this.
  8. Smiling

    Smiling

    Nov 21, 2019
    If they make smaller fixed blade in something else than AUS, 4116 or other low end stuff CS used that will be good.
    3V and VG1 Mini Pendletons are pretty much best they have and that's ONLY Mini Pendletons.
    Rest of small fixed blades - low end stainless.
    Even plain carbon or D2 would be better...

    But considering how they gutted the warranty - I doubt it'll be happening...
     
    NewKnifeObsession likes this.
  9. NewKnifeObsession

    NewKnifeObsession

    20
    Nov 16, 2020
    what about a line of AEB-L knives? I see a lot people asking for that on this forum.
     
    ShannonSteelLabs and Smiling like this.
  10. Smiling

    Smiling

    Nov 21, 2019
    That would be an excellent choice.
     
    ShannonSteelLabs likes this.
  11. marcinek

    marcinek

    Jan 9, 2007
    I didn't say that. I said that them making more might have held his interest.
     
    jbmonkey likes this.
  12. marcinek

    marcinek

    Jan 9, 2007
    Like a "business manager" might. Actually like a market research department does.

    Demko makes a good knife. That does not apply in any way to running a business. Or to selling other peoples' knife designs.

    Hey...why not just have a CS "superfan" run the company? Who knows the fan base better than that?

    It seems like you think this large company, bought by a larger company, are run like the sandwich shop down the street.

    "Hey Bobby has been making sandwiches for us since he was 14 and Fat Bob eats a million of them. Let's have them run the business!"
     
  13. marcinek

    marcinek

    Jan 9, 2007
    And what percent of CS's business, is, or was, "people on this forum"?

    I think we all overestimate our importance in the business of the larger knife companies.
     
  14. willc

    willc Gold Member Gold Member

    Aug 13, 2013

    I kinda doubt that.
    He probably just wants to enjoy the rest of his life without running a business.
     
    Smiling likes this.
  15. not2sharp

    not2sharp Gold Member Gold Member

    Jun 29, 1999
    Well that depends: We probably represent 30-50% of the market that buys $200+knives and perhaps <1% of the market that buys <$30 knives. So yes we are not much of a market for the kind of junk sold through Bud-K and the like. But, try to find an average big box customer who is willing to layout a couple of bills for a knife.

    n2s
     
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  16. marcinek

    marcinek

    Jan 9, 2007
    Maybe. But money does talk don't it? :)

    And businesses are easier to run (or pass on) if they are making a ton of money.

    My point is that it is worth entertaining the idea that the people lamenting him moving on, might have stopped that by putting more money in the business. Or taking advantage of their warranty policy. The loss of which, those people are also no lamenting.

    Maybe ol Lynn's kicking back on his Laz-y-Boy in his bike shorts right now saying "If those cheapos didn't bleed me dry using their warrantys I'd have stayed in the game!"
     
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  17. jbmonkey

    jbmonkey Platinum Member Platinum Member

    Jun 9, 2011
    bike shorts....that got me chuckling there.......
     
    marcinek likes this.
  18. marcinek

    marcinek

    Jan 9, 2007
    True. But what is the bigger part of the pie...a small number of knife nuts like us buying $200 knives, or a huge number of casual users buying $20 gas station knives and/or Vic SAKs and Gerbers at big box stores?
     
    NorthernSouthpaw and craytab like this.
  19. marcinek

    marcinek

    Jan 9, 2007
    Thanks! My pleasure!

    All things must pass, CS as we knew it, and some loved it, is gone.

    It's not the first time that a beloved knife brand got bought by somebody who turned it into something lesser.

    Some makers/sellers specialize in it.
     
  20. marcinek

    marcinek

    Jan 9, 2007
    I bet every one of us can name a great old knife name that now sucks.

    The sad part of it is that some of us (not me of course :rolleyes:) have been around long enough so that CS is an "old knife name".
     
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