I’m in sure he’s talking about selling a used one. Retailers have to move inventory, period.
No way I’d sell a used one right now. You’re gonna take a big hit now or later regardless, might as well ride and enjoy it. At least they seem to be tough.
I’m in sure he’s talking about selling a used one. Retailers have to move inventory, period.
No way I’d sell a used one right now. You’re gonna take a big hit now or later regardless, might as well ride and enjoy it. At least they seem to be tough.
There's nothing better than sliding down snow, flying through the air
Buy low, ride high.
So the world is filled with tubular entities. Food goes in one end and shit comes out the other. Sperm goes in and babies come out.
Pinkbike: Guerrilla Gravity Appears to Have Closed Up Shop https://m.pinkbike.com/news/guerrill...d-up-shop.html
Sucks. I remember touring their shop when they first opened as a startup during Denver Startup Week years ago.
From a business POV, could they have gone a different direction and produced mid-level mtn biked vs higher end? Maybe they would have gotten more business? Seems like the high-end market is very saturated with companies?
I don't think "made in USA" and "mid-level" really get to co-exist in the same sentence.
As much as anything, seems like they got a bit ahead of themselves and/or unlucky, sinking a bunch of money into their manufacturing when bikes were booming during covid, only to then get crushed in the subsequent crash. Or maybe it's just that the investors realized they could make a lot more money with the same tech and equipment building something other than bikes - Revved (which owns the thermoplastic equipment) is still in business. Maybe they're pumping out Guerrila Gravity branded war drones for the DoD.
Is it just not possible to build a bike like the Canyon Neurons in the US and have it be like $1600-2500? Seems like they could have been looking more at that price point and gotten some interest? What do I know….
I got my bare frame (no shock) GG in spring of 2020 when bikes were unobtainium for $2200, which felt like a steal compared to the Ibis Ripmo I was trying to get and was told was ~1 year wait at the time. I feel like if anything, they should have been aiming for higher margins.
Honestly, most of the U.S. bike shops who are having a tough go at it right now are saddled by bad inventory - most specifically mountain bikes under $2500. When the gyms closed up during the pandemic and everyone wanted to give cycling a try, way too many of those types of bikes were backordered and built. Now nobody wants them and those bikes have tied up LBS's open-to-buy dollars. Retail bike over $6k are still selling consistently at numbers similar to 2019.
Outsourcing an open design aluminum frame and throwing an SX group and steel stanchioned fork on it was never part of GG's business model.
Yeah- pretty much every company in the outdoors space made mistakes during COVID. The ones that are surviving are the ones that have enough cash on hand to weather their poor decisions. I doubt the GG was in that position, especially with the investment they were making into the business.
I was suprised to see that Kona was sold or restructured or wtf, but shop bro told me dealers/ distributors/ brands this was all gona happen
why: low margins/ high costs
when: the next year
who will survive : an LBS with a good shop producing income
who is next ?
Lee Lau - xxx-er is the laziest Asian canuck I know
One of the things I (probably for a lack of trying) haven't seen mentioned here, that is in the PB article is that their "Angel Investor" decided to pull their money. Who knows how fast that happened, if they had a chance to try to secure other funding, etc...
www.dpsskis.com
www.point6.com
formerly an ambassador for a few others, but the ski industry is... interesting.
Fukt: a very small amount of snow.
Yeah, it sounds like they just took over existing inventory. They also have a former GG employee now on staff, so that should help with CS knowledge. We have a Canfield in the garage as well, they are local-ish, and they're good people. I'm glad there will be somewhere to get parts for a bit.
Couldn’t be happier with our Canfields and the company. They've been around forever, don’t think they're going anywhere. This move is both cool and encouraging.
There's nothing better than sliding down snow, flying through the air
GG carbon frames with Canfield suspension? Yes please.
My first thought. A reasonably priced,carbon CBF/GG mashup ? I'm so fucking IN. Hope they do it, and do an e-bike!
Forum Cross Pollinator, gratuitously strident
I don’t think Revved ever explained if there was going to be a post consumer recycling process, or if it was intended for reuse of manufacturing scrap material?
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"Strapping myself to a sitski built with 30lb of metal and fibreglass then trying to water ski in it sounds like a stupid idea to me.
I'll be there." ... Andy Campbell
smart move by canfield. very cool to see.
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