Acquired by NICE in 2015, the brand currently employees 1,200 staff members plus a large group in the United States.
In 2018, BBS reported revenue of $103 million USD with a loss of approximately $12.5 million USD.
The brand has filed for bankruptcy twice before, back in 2011 and again in 2007. While this third filing is in place, the brand will operate as usual but begin looking for a new owner to save the company.
https://hypebeast.com/2020/7/bbs-wheels-bankruptcy-covid-19
In 2018, BBS reported revenue of $103 million USD with a loss of approximately $12.5 million USD.
The brand has filed for bankruptcy twice before, back in 2011 and again in 2007. While this third filing is in place, the brand will operate as usual but begin looking for a new owner to save the company.
https://hypebeast.com/2020/7/bbs-wheels-bankruptcy-covid-19
Didn't I read somewhere that NAPCAR is going to use BBS wheels on the next generation of stock cars?
ReplyDeleteMaybe AERO wheels (made right here in beautiful northwest Iowa) will be saved after all!