“YT was never just a brand – it’s always been an attitude. And that attitude is back.” says Flossmann.
Press Release in full:
Herr Flossmann (YT Industries)
BACK TO THE ROOTS - FOUNDER MARKUS FLOSSMANN BUYS BACK YT
It’s official: YT is back. Founder Markus Flossmann has repurchased the YT Industries brand and is leading it into a new era under the newly established YOUNG TALENT INDUSTRIES GmbH.
After months of uncertainty, one thing is clear – YT has been saved. The ne
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I feel sorry for all the creditors who will have been stiffed as part of this deal.
Business is business, and giving a customer millions in trade credit when they’re owned by a Private Equity firm is a greater risk than other types of customers.
What a bunch of absolute arse. Completely contrived and the marketing blurb is a total contradiction. As much as I love the look of the bikes, I hope i remember this period of hideous business practice if my head is ever turned
Nice to see that haven’t changed the level of bilge that their wordsmiths come up with.
Good to see the previous orders are being honoured or refunded.
I feel sorry for all the creditors who will have been stiffed as part of this deal.
We’ll soon see how true the old adage about “no such thing as bad publicity" is then.
Business is business, and giving a customer millions in trade credit when they’re owned by a Private Equity firm is a greater risk than other types of customers.
“YT is not just a brand, it’s now keeping the entire internet journalism industry alive with endless articles about how it’s dead/back/dead again"
Versus how many who had great stress trying to claim it back via credit card or otherwise?
No idea mate but I’m just glad people are getting sorted when they easily couldn’t have.
If it’s ‘always been an attitude’, why does the attitude need to return?
What a bunch of absolute arse. Completely contrived and the marketing blurb is a total contradiction. As much as I love the look of the bikes, I hope i remember this period of hideous business practice if my head is ever turned
YT are now on ‘The List” for me, along with Giant to name but one.