Originally Posted by
Andeh
The thing with a lot of those brands on that list is that they don't make their bikes themselves, like GG did. So presumably they bought at least their normal amount of frames & components from their Asian manufacturers during 2020/21/22 (if not more like everyone else), and now the market is totally flooded. Best case scenario, they ordered normal quantity so their oversupply and consequent loss isn't as big, but it's still a loss. I mean, I guess some of the loss will be passed on to whichever retail vendors they have, but they've still got to be sitting on a lot of inventory they haven't yet sold to vendors that they already paid the Asian manufacturers for.