Cycle Retail In Meltdown.

General cycling advice ( NOT technical ! )
edocaster
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Re: Cycle Retail In Meltdown.

Post by edocaster »

Bmblbzzz wrote: 26 Mar 2024, 10:01am
I think this is as much or more to do with social perceptions than any particular industry or retail. It took Western markets several decades to accept that Japanese cars and electronics were as well made and designed as their European or American counterparts. We then repeated the process, slightly faster maybe, with Korean goods. China has been the workshop of the world for the whole of this century, so far, yet we still disparage these items with terms like "Chinesium" – sometimes justified* but often ignoring the high quality products from China, under Chinese and Western names.

*And that low quality seems to be often driven by marketing rather than manufacture; Western and Chinese marketing, from Amazon to Temu.
I very much agree. Social perceptions play the largest part here, and the challenge of accepting change is universal.

With the cycle industry though, this acceptance is further hindered by the byzantine measures previously outlined. It would be like Nissan buying Chrysler in the 1970s, but nobody knowing for over a decade, while the actual production of cars under both brands is taking place 99% in a Nissan factory in Japan. And all the while with the public happy to justify paying more for the American brand (or not even being aware of the Japanese brand). The cycle industry is largely set up this way. Ironically, the likes of Amazon and Temu are ways out of this, precisely because they are outside of industries which tend toward oligopolies.

The cycling industry is very successful in protectionism, both through state action, but also in weaponising the perception of consumers. The endless anti-dumping duties on Chinese bikes and parts have succeeded in reducing market access for all but the cheapest built goods, which affects market perception as a result. But this endless whack-a-mole within a relatively small industry only serves to corrode the industry itself, as it hurts its own suppliers, and prices are shifted upwards. This ultimately affects retail, especially for such highly discretionary products.
Bmblbzzz
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Re: Cycle Retail In Meltdown.

Post by Bmblbzzz »

Cycle manufacture in meltdown: Kona looking like a gonner.
https://road.cc/content/news/kona-bicyc ... ale-307945
rareposter
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Re: Cycle Retail In Meltdown.

Post by rareposter »

Shimano sales down again as well (although it notes similar decreases in its fishing gear market and still posted healthy profits overall)

https://road.cc/content/news/shimano-su ... oes-307991
scottg
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Re: Cycle Retail In Meltdown.

Post by scottg »

Bmblbzzz wrote: 23 Apr 2024, 3:21pm Cycle manufacture in meltdown: Kona looking like a gonner.
https://road.cc/content/news/kona-bicyc ... ale-307945
Kona has not made bike in years, they buy them in.
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Bmblbzzz
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Re: Cycle Retail In Meltdown.

Post by Bmblbzzz »

Kona bought by founders.
https://road.cc/content/news/kona-bicyc ... ers-308457
Kona Bicycles, which just last month was in the process of winding down after a chaotic 24 hours which saw extensive job cuts and the brand’s stall swifty and ominously taken down at the Sea Otter Classic Event, has been bought back by its founders, who say the company is “returning home to its roots”.

Dan Gerhard and Jake Heilbron, who co-founded the Vancouver-based off-road specialist bike manufacturer in 1988 alongside Jimbo Holmstrom, announced this week that they have repurchased the company from Kent Outdoors, a Canadian sporting goods conglomerate which bought Kona in 2022, but who last month confirmed it was seeking a buyer for the brand after announcing its desire to move away from a bike industry still facing “very significant challenges”.
rogerzilla
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Re: Cycle Retail In Meltdown.

Post by rogerzilla »

I haven't liked Konas much recently, but they were brilliant in the Joe Murray era.
JerseyJoe
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Re: Cycle Retail In Meltdown.

Post by JerseyJoe »

Kona were the nuts! I have a Kona Fire mountain from back in the day, still put to good use as a pub bike, town runaround. Still rides very well.
JerseyJoe
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Re: Cycle Retail In Meltdown.

Post by JerseyJoe »

Looks can be deceiving, this is a light, fast bit of steel!
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Cowsham
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Re: Cycle Retail In Meltdown.

Post by Cowsham »

JerseyJoe wrote: 22 May 2024, 1:37pm Looks can be deceiving, this is a light, fast bit of steel!
Looks the business to them in the know :D
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Cowsham
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Re: Cycle Retail In Meltdown.

Post by Cowsham »

I'm not sure cycle retail is in meltdown. Was in this very swanky place called BikeStyle on the island yesterday wanting to buy a tube to replace the one I used getting there. -- there's a woman sat in reception at a desk ! I asked her if this was the bicycle shop -- " oh yes just through there " -- I started to wonder how much this tube was going to cost but it wasn't too bad I think around £6.95. Hadn't time to look around but it's very swanky for a bike shop.

https://www.bikestyle.im/about-us/
Last edited by Cowsham on 23 May 2024, 7:10pm, edited 1 time in total.
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djnotts
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Re: Cycle Retail In Meltdown.

Post by djnotts »

^ I've had probably 100 bikes and very few ride so well as early to mid 1990s Konas. Especially a '97 Kileaua in Columbus tubing!
20240511_101947.jpg
Last edited by djnotts on 23 May 2024, 7:26pm, edited 1 time in total.
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Re: Cycle Retail In Meltdown.

Post by djnotts »

Duplicate removed!
Last edited by djnotts on 23 May 2024, 7:18pm, edited 1 time in total.
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Cowsham
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Re: Cycle Retail In Meltdown.

Post by Cowsham »

djnotts wrote: 23 May 2024, 7:10pm ^ I've had probably 100 bikes and very few ride so well as early to mid 2990s Konas. Especially a '97 Kileaua in Columbus tubing!

20240511_101947.jpg
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