PC Case Maker CaseLabs Closes Permanently (pcgamer.com)
U.S.-based PC case manufacturer, CaseLabs, announced on social media that it is "closing permanently" and will not be able to fill all current orders. "We have been forced into bankruptcy and liquidation," CaseLabs said in a statement. "The tariffs have played a major role raising prices by almost 80 percent (partly due to associated shortages), which cut deeply into our margins. The default of a large account added greatly to the problem... We reached out for a possible deal that would allow us to continue on and persevere through these difficult times, but in the end, it didn't happen." PC Gamer reports: CaseLabs is likely referring to the growing number of tariffs being enforced on Chinese imports by the United States government. China and the US are currently engaged in a trade war, causing many U.S. companies to lose money, lay off employees, or close entirely. CaseLabs went on to say that it won't be able to fill the backlog of case orders, but other parts will most likely ship to customers. "We are so incredibly sorry this is happening. Our user community has been very devoted to us and it's awful to think that we have let any of you down."
*sets aside the TDS crazy*
Sorry, do you even know who Case Labs is?
They're a low volume, high price boutique computer case seller.
Sure, there are $2,000,000 cars out there. But not many people buy them. As there may be no value proposition for them.
Sure, Case Labs makes $500+ cases. But not many people buy them. As there is no value proposition for them.
As such, anything that even MODESTLY disrupts their price/profit model is going to wreak havoc.
And that's under the naive assumption that there are NO other market forces acting on them. Remember what I said about few people dropping $500+ for a case? And the fact that there are other boutique sellers out there as well?
Also, CaseLabs is based in California. Probably THE most business-unfriendly state in the union. I wouldn't be surprised if their efforts to legislate businesses out of business didn't drastically impact their employee and insurance costs.
Chas - The one, the only.
THANK GOD!!!