Originally Posted by
Ih8lucky13
In tough economic times luxury goods usually do quite well. I do not think the road bike industry will be hit as hard as you think.
Perhaps you mean "do
relatively quite well." Naturally, there tends to be less elasticity among those with more disposable income. However -- and in no way is this intended to impact any of PCad's pleasure and delight with getting his S2 -- there are some significant factors at play now. It is reasonable to argue that the number of folks with sufficient income to buy a high end bike is decreasing. In addition, high end homes -- including those in the $10+ million range -- are down significantly; luxury car sales are down significantly; same store (as well as Internet and catalog) sales for Tiffany in the US are down. I do not see much out there economically to suggest that high end bikes are going to be immune from troubling conditions.