I’ve been following this thread off and on for ages now - and very grateful for it as I’ve had a gift voucher for £100 for Wiggle that I’ve done nothing with for 18 months
….Anyway seeing that it might be worthless piece of paper soon I bought some cycles shoes that I don’t actually need but will come in handy at somepoint.
… so thanks guys
Regarding this thread and for the casual observer can you answer this, as 39 pages in (for the uninitiated at least) I’m still none the wiser
If people assume the prices in the shops are grossly over inflated and there’s a realignment going on due to over supply
Where’s the money gone / going
If the independents can’t make even a modest margin - it’s not them
If the the large retailers are bankrupt it’s not them either
Importer are folding - which kinda rules them out
That only leaves the manufacturers,
Seriously - have we all been questioning the prices and assuming they are super inflated and a cash cow for shareholders somewhere in the food chain when in reality modern bikes genuinely do cost that much and people have simply just stopped buying ….and there simply never was any big cash reserves sloshing around to weather the storm ?
i’d be interesting to hear from Darren at Silverfish on what he thinks
Or for someone to review and summarise this thread (so far) and perhaps given what the facts tell us look at what 2024 holds
By the sound of things by the end of 2024 this industry is going to be very different