PxPixel
Will the Goliaths gobble the Davids? - Trade Only Today

Will the Goliaths gobble the Davids?

Author:
Publish date:

Many in the industry say 2008 will be a make- or break-year. We agree with that and we speculate that it will be a survival of the fittest story, with the Goliaths gobbling up the Davids.

The Davids could be holding on until the economy rebounds and then sell for the best possible price. And why not, that’s a prudent way of doing business.

We found it interesting when MarineMax, in its teleconference call Thursday, said it is grabbing market share from weakened competitors, and expects to snap up more dealerships when market conditions are right.

If all this comes to fruition, then we’d be writing about the lack of competition within the marketplace. Something to look forward to.

What do you think will happen in 2008?

Lois Caliri
Editor

Related

Six inducted into 2018 Sailing Hall of Fame

The National Sailing Hall of Fame named three people to the 2018 class of inductees — yacht cinematographer John Biddle; three-time Soling World Champion, Brazilian-American Olympian Vince Brun; and shipbuilder and naval architect William Webb.

New boat sales relatively flat in June

New boat sales in June grew marginally, with a 1.1 percent rise in the main powerboat categories and just 0.2 percent growth overall, according to preliminary data from Statistical Surveys Inc., a Michigan firm that tracks registrations.