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May, 2025

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DPS loses biggest investor, over half the factory laid off.

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negin
Posts: 10 - Karma: 130
Trying to stay anonymous here for legal reasons but DPS likely won’t exist much longer. Was an employee there for the past two years and it’s been an ever revolving mess of poor management. Over half the factory was laid off today. They’re applying for a new license, starting from scratch, and all the current investors got screwed out of their money. Will try to post more updates as I hear more info but it’s likely gonna be an RIP to DPS.
a year ago
57 0
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GayWolf420
Posts: 38172 - Karma: 130,613
Earth is healing, boys. The Ski Industry is starting to eat its own ass. Lets rejoice!
a year ago
61 0
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PartyBullshiit
Posts: 4785 - Karma: 20,399
Dps blowout soon
a year ago
13 1
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hi_vis360
Posts: 5334 - Karma: 55,443
This is about the US factory right?
a year ago
11 0
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midwestcoast
Posts: 235 - Karma: 2,391
RIP and kudos for the update. Hope this isn’t true, but common place in this industry…

People really don’t understand how difficult the ski hardgoods game is. It’s a very delicate balance between r&d, marketing, and sales. If the entire team isn’t 100% aligned there’s gonna be an issue.

I considered throwing long term money at faction during their heyday and am SO glad I didn’t.

Luckily for me, around the same Amer purchased Armada for only $4M. Their yearly sales were shocking. Considering todays inflation, I can’t imagine how thin margins have become since then….

Good luck in the future! Don’t ever be afraid to lead with DPS on your resume! There is serious street cred and opportunity for people who’ve been a part of, and understand the mechanics of why and how a business fails….
a year ago
27 0
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negin
Posts: 10 - Karma: 130
hi_vis360This is about the US factory right?


Yes
a year ago
1 0
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verynormalguy
Posts: 502 - Karma: 8,149
Whew thank the lord, I believe the Chinese DPS factory is where Vishnus are made
neginYes
a year ago
25 0
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weatcoast
Posts: 328 - Karma: -3,187
And nothing of value was lost that day
a year ago
17 1
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FakeKalmar
Posts: 2457 - Karma: 20,423
verynormalguyWhew thank the lord, I believe the Chinese DPS factory is where Vishnus are made


They can't close the chinese factory because it would be unethical to leave children jobless
a year ago
46 3
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FreakSchoolers
Posts: 320 - Karma: 1,372
JalmarKalmarThey can't close the chinese factory because it would be unethical to leave children jobless

Hey so I'm Chinese and used to work at ski brand factory, they actually paid me pretty well I think it was 2$ an hour! When the company went under, they gave me a new job right away!
a year ago
21 11
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snomaster
Posts: 3348 - Karma: 5,783
mismanagement is why most companies fail.
here’s hoping we get access to low cost pow sticks soon!
a year ago
4 1
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nCrow
Posts: 1331 - Karma: 9,355
Yup full stack is not in a good spot right now
from what I’ve heard
midwestcoastRIP and kudos for the update. Hope this isn’t true, but common place in this industry…

People really don’t understand how difficult the ski hardgoods game is. It’s a very delicate balance between r&d, marketing, and sales. If the entire team isn’t 100% aligned there’s gonna be an issue.

I considered throwing long term money at faction during their heyday and am SO glad I didn’t.

Luckily for me, around the same Amer purchased Armada for only $4M. Their yearly sales were shocking. Considering todays inflation, I can’t imagine how thin margins have become since then….

Good luck in the future! Don’t ever be afraid to lead with DPS on your resume! There is serious street cred and opportunity for people who’ve been a part of, and understand the mechanics of why and how a business fails….
a year ago
7 0
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Casey
Posts: 8022 - Karma: 26,963
Thoughts and prayers to all the dentists out there hurting today
a year ago
38 0
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BrownSnow
Posts: 125 - Karma: 548
What is DPS I have never seen one of their skis in my entire life lol
a year ago
2 11
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FreakSchoolers
Posts: 320 - Karma: 1,372
It's a Backcountry ski
BrownSnowWhat is DPS I have never seen one of their skis in my entire life lol
a year ago
3 2
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BallClapper
Posts: 3722 - Karma: 16,885
I like the thick one, teaspoon or somethin.
a year ago
2 1
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jps2.0
Posts: 480 - Karma: 2,479
snomastermismanagement is why most companies fail.
here’s hoping we get access to low cost pow sticks soon!


mismanagement isn't why ski companies fail
greedy accountant managers isn't why brands like armada and 4frnt were effectively sold for nothing
Razor thin margins exist that are dependent on things out of your control like exchange rates
a year ago
1 6
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BrownSnow
Posts: 125 - Karma: 548
Went and checked their prices, now I know why Ive never seen a pair of those skis before, 2000 dollars, jesus christ.
a year ago
14 0
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snowfinder
Posts: 2941 - Karma: 34,925
Tried out pretty much every ski they made one year and was disappointed everytime. Also guessing developing this didn't help with the cash flow, https://www.dpsskis.com/collections/phantom-glide/products/phantomglide/?utm_source=GG&utm_medium=CPC&utm_campaign=CK-GG-BR-PHAN-SRCH-BO&gad_source=1&gclid=Cj0KCQjwpZWzBhC0ARIsACvjWRNeml2i1fPW7PHY3WQYhTlGBjxjWXPIvzGVN6pfPFbsCI8g2ZmX3nkaAoyLEALw_wcB
a year ago
3 0
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weatcoast
Posts: 328 - Karma: -3,187
Guess charging $2000 for average quality skis wasn’t enough to keep the lights on
a year ago
14 0
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Vzx
Posts: 624 - Karma: 3,264
BrownSnowWent and checked their prices, now I know why Ive never seen a pair of those skis before, 2000 dollars, jesus christ.


Only saw them at Lake Louise once no wonder nobody buys them.

**This post was edited on Jun 9th 2024 at 5:16:51pm
a year ago
1 0
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b0ss
Posts: 822 - Karma: 6,373
69Skier69And nothing of value was lost that day

Except for half a factory’s worth of well trained and passionate craftsmen and women.
a year ago
14 0
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dwt802
Posts: 3382 - Karma: 33,295
That’s a bummer, they just signed a good homie of mines brother a little bit ago. He left a k2 deal of some sort for it I believe. Hella unfortunate. Thoughts to the workers and athletes tryna get it through this.
a year ago
7 0
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GayWolf420
Posts: 38172 - Karma: 130,613
dwt802That’s a bummer, they just signed a good homie of mines brother a little bit ago. He left a k2 deal of some sort for it I believe. Hella unfortunate. Thoughts to the workers and athletes tryna get it through this.

Super sad that rich tech bros can't ski for free :(
a year ago
7 4
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skierman
Posts: 8606 - Karma: 9,569
b0ssExcept for half a factory’s worth of well trained and passionate craftsmen and women.


You do know being "fired" and being "executed" aren't the same things, right?
a year ago
5 9
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Yukon_Cornelius
Posts: 307 - Karma: 2,664
skiermanYou do know being "fired" and being "executed" aren't the same things, right?


social credit score -10 for this take
a year ago
13 2
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negin
Posts: 10 - Karma: 130
GayWolf420Super sad that rich tech bros can't ski for free :(


Hope you realize it was the factory workers barely making a living wage who were let go. Upper management who made the constant poor decisions that led to this all still have their salaried jobs.
a year ago
8 0
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The_RaginAsian
Posts: 688 - Karma: 3,066
RIP Dumb Person Skis
a year ago
8 0
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mountaindewgirl
Posts: 2317 - Karma: 21,132
Doesn't Pencil, Shit.
a year ago
9 0
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jimbobs
Posts: 460 - Karma: 4,660
guys all dps skis totally suck. do not buy the koala 103 in 189. i will take one for the team and buy them all once they're on closeout. you're welcome.
a year ago
10 0
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BigPurpleSkiSuit
Posts: 9623 - Karma: 71,580
69Skier69Guess charging $2000 for average quality skis wasn’t enough to keep the lights on

How could it not have been?
a year ago
0 0
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freeballer
Posts: 738 - Karma: 1,077
neginHope you realize it was the factory workers barely making a living wage who were let go. Upper management who made the constant poor decisions that led to this all still have their salaried jobs.


They won't have jobs when the company is out of business. DPS is a tiny ski company compared to Rossignol, K2, Salomon, Atomic, etc. I doubt there are a lot of upper management positions at DPS just getting rich off the backs of factory workers. What percentage of DPS skis are made in Utah vs their Chinese factory that they don't own? DPS isn't Walmart or some other large company that can downsize lower lever employees and be ok. Everyone will be gone once the ski industry continues to tank.
a year ago
3 0
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lil.Boye
Posts: 2792 - Karma: 12,677
My koalas will now be a collecters item. Gonna hit street on em to flex to dentists
a year ago
6 0
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midwestcoast
Posts: 235 - Karma: 2,391
Any update on this? Haven’t seen or heard anything from any my local idiots
a year ago
1 0
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Brule.
Posts: 3988 - Karma: 6,719
Definitely Probably Shit
a year ago
2 0
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iH8pow
Posts: 1895 - Karma: 8,562
Never heard of them I guess because I’m not a dentist and I don’t ski the devils cocaine, anything outside the park is a waste of time anyways
a year ago
6 2
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STEEZUS_CHRI5T
Posts: 3028 - Karma: 23,351
iH8powNever heard of them I guess because I’m not a dentist and I don’t ski the devils cocaine, anything outside the park is a waste of time anyways


I had to look it up a few different ways just to find their site, I had never heard of them either.
a year ago
0 3
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Rock_Inhabitant
Posts: 1554 - Karma: 16,834
DPS still going unfortunately
4 months ago
0 2
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