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What brands sold out?
I have a few old BMX frames at a shop I frequent. There are a few GTs, a few Redlines.. and I few more I can't remember. Did Redline eventually sell out and become a department store bike? I'm pretty sure GT did not (as their mountain bikes are still pretty good...)
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mongoose did .. Redline is still sold by Seattle bike supply, to bike shops .
Bikes Direct is all using recycled names . though as their name suggests, you buy from the Importer warehouse , not in a shop. |
"Sold out" is not really a good way of looking at it... the US bike industry went through some very hard times in the late 90's, for a variety of reasons, and many companies wound up as brands of other companies.
GT's founder died in a motorcycle wreck. It's now owned by Pacific Dorel (along with Schwinn, Cannondale, Roadmaster, and Mongoose). Pacific sells some brands (Mongoose, Roadmaster, Schwinn) at Walmart but retains others (better Schwinns, GT, Cannondale) for bike stores. Redline is owned by Accel (along with Diamondback and Raleigh). |
Originally Posted by Darth Lefty
(Post 18726276)
"Sold out" is not really a good way of looking at it... the US bike industry went through some very hard times in the late 90's, for a variety of reasons, and many companies wound up as brands of other companies.
GT's founder died in a motorcycle wreck. It's now owned by Pacific Dorel (along with Schwinn, Cannondale, Roadmaster, and Mongoose). Pacific sells some brands (Mongoose, Roadmaster, Schwinn) at Walmart but retains others (better Schwinns, GT, Cannondale) for bike stores. Redline is owned by Accel (along with Diamondback and Raleigh). We also had a few old school BMXs, Kawasaki (ok, after googling it's not that old, only a 97 Z1), a few old Mongooses, and an old schwinn or two. At least, they LOOK old school to my untrained eye. It's pretty easy to pick out the new schwinns and mongooses, these ones just looked... old. Maybe it was the smaller round tubing that gave it away. |
Depends on what you mean by selling out --- Most of the old school brands that still survive today "sold out" in one way or another - as was mentioned, GT sold out to Pacific,
SE sold out, although they still remain an enthusiast based company Most of them had to sell out to survive |
Originally Posted by DMC707
(Post 18727974)
Depends on what you mean by selling out
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