Your just watching investment bankers.... crash and burn a company ....it's the new world order. But much of it was made possible by the change in the mindset of the buying public. And add in the liability stuff.
rather than scale down for a smaller market and maintain the classic products for the limited market. They always try to expand and grow to fast with two many products and two many changes and inadequate quality control or field testing.
I would have liked to seen all the great sporting goods companies survive as just a smaller, leaner version of themselves. But someone is always going to try to take that name and build big on it. Risky business.