Originally Posted by
ARider2
I think there is a slowdown in the entire industry affecting all bicycle manufacturing. It’s a matter of supply and demand being out of whack. There was too much demand relative to supply during COVID, but now there is way less demand relative to supply. It’s not only fewer bicycles being sold, but far less parts, accessories, and also less demand for repairs and service. It’s seems to be affecting all bicycle related business and I expect a new wave of bicycle store closures.
Add increasing facility rent cost based on COVID pricing to the mix and that will force even more store closures.
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Shad, Kitted up half wavin m’fer.