Last I heard nobody is flocking to the bike industry because of record high profit margins. It's not like people are lining up to buy stock in bike companies. But the thought of a bike priced higher than a motorcycle doesn't pass the goofy test. Obviously the money is going somewhere. IMO it's in efficiency. The bike supply chain seems horribly inefficient. LBS, distributor, heck probably an importer, the actual manufacturer, and probably a similar chain for the components. Everyone in the industry is used to asymmetric conditions so they're used to locking out buyers via distribution agreements, etc. It's high time for a little revolution in the industry. That middle group of distributors needs to be overthrown!
Grab your pitchforks, let's go burn down a warehouse!
