The bike industry crisis

[yuley95]

Peninsula Star Cycles in the Melbourne suburb of Frankston has shut its doors after 80 years.

That’s not where you are working is it Duck?

 

[The Duckmeister]

No, a competitor to where I used to work.

 

[Hambo]

Peninsula Star Cycles in the Melbourne suburb of Frankston has shut its doors after 80 years.

Was the hinge broken all this time?

 

[Mr Crudley]

Don't know where to put this but Mr Giant has passed. Giant fan or not, you can't ignore their influence.

https://www.cyclingnews.com/bikes/a...ure-giant-founder-king-liu-dies-at-age-of-93/

 

[gippyz]

Don't know where to put this but Mr Giant has passed. Giant fan or not, you can't ignore their influence.

https://www.cyclingnews.com/bikes/a...ure-giant-founder-king-liu-dies-at-age-of-93/

didn't realise Giant is that old. Founded in 1972!

 

[Mr Crudley]

Or should this be in the 'Bargain buys' thread. Give it a few months.

https://asia.nikkei.com/business/co...with-excess-bicycle-stock-in-europe-and-china

 

[richie_gt]

Boggles my mind big comapnies have got it all wrong - supply and demand, yes I get it. But for so many to have oversupply is crazy.

Also I was only thinking the other day that bikes have not become any cheaper over time, a decent bike has always been expensive.

 

[Calvin27]

Or should this be in the 'Bargain buys' thread. Give it a few months.

https://asia.nikkei.com/business/co...with-excess-bicycle-stock-in-europe-and-china

Here's an idea - stop geoblocking stuff and let us buy that excess stock that we had no chance of getting in a reasonable time frame in the first place!

 

[birddog69]

Here's an idea - stop geoblocking stuff and let us buy that excess stock that we had no chance of getting in a reasonable time frame in the first place!

Sorry, that type of advanced thinking is strictly prohibited by all brands staring with the letter S.

 

[Oddjob]

Sorry, that type of advanced thinking is strictly prohibited by all brands staring with the letter S.

Yeah fuck you Specialised. Oh...

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[Mr Crudley]

Yeah fuck you Specialised. Oh...

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No...Fuck them too.

 

[pink poodle]

Here's an idea - stop geoblocking stuff and let us buy that excess stock that we had no chance of getting in a reasonable time frame in the first place!

Crazy talk! Geoblocking and supply restriction is the best way to maintain profits!