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Japanese Guitar Maker Fernandes Declares Bankruptcy Due to Plummeting Sales
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3 Articles
https://soranews24.com/2025/07/19/japane...ing-sales/
There is no positive progress forecast. It is intended to close the company.
“The company's performance has deteriorated due to the rise of the secondhand market and intensifying competition”: Iconic Japanese guitar firm Fernandes Guitars files for bankruptcy again – but there's still hope for fans of the brand
The company – which has been championed by Kirk Hammett, Billie Joe Armstrong, Keanu Reeves and Robert Trujillo – had previously filed for bankruptcy and ceased operations in July 2024
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