Sandvik built them, I believe starting with the Hei Hei. I had one in the late 90s and it was a Sandvik.
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Sandvik built them, I believe starting with the Hei Hei. I had one in the late 90s and it was a Sandvik.
Yup, welds were very nice as well as the bullet capped tubes at the dropouts. Not sure if or how the tubing was butted.
Man the Kona thing is like 3D chess…
1.) drive company out of relevance in the bike market.
2.) pump it to the moon during covid.
3.) sell it to a PE firm for mega bucks.
4.) hand PE firm a big ball of shit.
5.) have PE firm drive out expensive legacy employees, exit leases, and deal with the bill for over ordering during covid.
6.) buy back for pennies on the dollar with bled down inventory and lean staff.
Thanks
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The US presence may have been a UK tax write-off scheme. Mountain Equipment pulled this off in the 2010's. Ask TAFKALVS for details.
I've seen some nice Endura gear but the HUGE LOGOS always turn me off. Looking at their website, they have a pair of $250 bibs, but they are also ok with low-spec/low-cost that the Rapha's of the world don't, presumably because they are not willing to water down the brand market position just yet.
I view it as sort of a margin-call situation where they weren't willing or couldn't afford the 10x order commitments that were being demanded by suppliers to get product for the upcoming season, so they made the choice to get an infusion of cash to keep the brand alive. It was just a bad deal and in the end it might have a chance to turn out ok for the founders.
I hope the guys at kona bought it back and made a BUNCH of money on the sell vs buyback
Over the weekend I was told by a shop that currently you can get wheelsets online cheaper than they can get them at shop costs? Is that possible?
If that is the case, then the industry is basically eating it's own.
Yeah kind of, but like, that place selling those wheels or whatever is trying to get rid of old/extra stock and losing money or making nothing.
Recent example, I had someone come in and ask about upgrading his fork to longer travel and a grip 2 damper. Look up parts, with labor it was something around $500. Then do a search for a complete fork and universal cycles has a 36 factory in that travel for $600. Which is below cost from like qbp, maybe not for them buying a bunch at a time direct. So universal cycles makes nothing, and we don't get a sale or service either. I'm sure 3 years ago ordering all those fancy forks felt like a great idea though.
Same deal with bikes. MFGs have a bunch and have been jacking up prices, then run a sale, and shops with inventory are stuck selling things at the new sale price. A trek allant 7+ e-commuter for example has a new price of 2799 from 3799 and the "new" model retail price dropped to 3099. Want to know what they cost originally for a dealer? 2735. Sometimes they give you a credit, but not always.
If anyone comes across a decent 9x100 QR tubeless front wheel that’s 23-30mm wide, please let me know. Sub $175 preferred.
It was a DT Swiss wheelset that we were discussing. That's brutal. I thought the guy was exaggerating.
I want my local shops to succeed. My son has been wrenching at one, and claims the bike side of the house is break even or worse. I am beginning to understand how that might be possible.
I was at a bike event over the weekend with a couple thousand roadies. We finished at the front, and talked while waves of riders came in. Of the first fifty finishers, probably 95 % were specialized s works. It was pretty wild to see how out of touch to the reality of the bike world I am. The college boys I was with, and myself, were the only 105 groupset on those racks!
Hmmm Spot is dumping Mayhem frames for $999 now. Wondering if they are finally starting to sweat a bit? I know several people in here have wondered how they have survived this.
I was in a shop who's dropping Evil, they have a large GX mech Following LS for $4999, but the manager was like, I need these gone, make me an offer.
I have never heard make me an offer at a bike shop before, i was kind of floored.
Their new Mayhem 140 looks like a sweet bike for my wife but it feels overpriced. It’s $800 more for GX Transmission than the New Revel rascal and the Rascal is on sale which makes it $1500 different… just feels like they overview things then need to close them out when they don’t sell.
Anyone notice that We Are One no longer has the Arrival on their website?
Maybe Jon Shelly does something special at world champs and demand for their frames changes their minds? The kid definitely has some speed. Maybe a bit too light on experience though
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Hmm, thinking about one of those Mayhem 130s frames to swap out my Fuel EX I don't ride that often cause I always seem to grab my Top Fuel or Revel Rail but would love to have something in the middle I love..The FEX is ok, but I just can't seem to fall in love with it. I think the slacker seat tube on the FEX might be the issue?
https://m.pinkbike.com/news/hayes-pe...n-layoffs.html
According to a reliable source it's worse than the article indicates.
I just read an old post on the green site that suggests the mothership may be in trouble. Rumors say that TGR laid everyone off and shut down all retail locations.
Is there already a thread somewhere on this? I have been on a break.
I have a friend who was laid off last week from an outdoor industry adjacent company. Total bummer.
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I heard a rumor yesterday that things are looking very bleak…and today James Huang posts this? The sale is pretty crazy.
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Whoa
The investors must have decided to cut their losses.
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TPC:
buy used bikes at the height of the prices and try to sell once the market is flooded?
Pink bike with a middle man. That said, I hope they pull it off. Having a used market outside of the classifieds is positive.
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Oh shit.
John Watson from the Radavist throwing logs on the funeral pyre.
Background: Watson bought The Radavist back from TPC last year, a few years after selling it to them when everyone was tripping over their dicks trying to give TPC money and thinking that their growth curve was somehow sustainable.
Hot take: Pon Holdings will buy TPC for pennies on the dollar and create some wild trade-in program to keep customers in their vastly expanding ecosystem.
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Every time I'm shopping for parts, I always see TPC ads pop up in the search results for brand new parts at full retail. WTF is up with that? The few times I've actually gone there directly to try and find takeoff parts, it seems like they never have anything. So basically their business model lately has been to act as a full retail price drop-shipper from QBP?
TPC Prices on full used bikes are about what I've seen in LBS on sale bikes this fall... ymmv.
poking around components and there are a few things around that look ok.
TPC was a great idea at first glance. But once you think about the mechanics of it…
- Ship the bike from the seller
- Have a human clean it, tune it, photograph it, write copy and post.
- Pack and ship the bike to the buyer
Impossible to do all that, have it be a good deal for both the seller & buyer, plus make a profit - without perfect market conditions…
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I see some decent sale prices, but I wish there was a way to sort or filter by % discount as a lot of stuff is barely discounted....and sizing seems pretty limited in a lot of the apparel.
Anyone need a 30.9 240mm dropper? https://www.theproscloset.com/produc...3-dropper-post
For buyers, being able to buy a used bike sight unseen and know it's not going to be clapped out garbage is definitely worth something. I don't know about requiring "perfect" market conditions, normal might have sufficed, but it certainly doesn't work when new bikes are being blown out at 40-50% off.