I hear the latest niche in the cycling world is going to be marketed at high court judges - apparently the gavel sector is going to be huge.So, I'm poised.... ready for action..... add to basket finger twitching - will there be a modern gravel type bike, that I most definitely don't need, discounted by such a huge amount over the Christmas and New Year sales that I can't resist buying?
hmmm. Now I'm both hands, add to basket finger twitching like a gunslinger from way out west.... waiting to ease the overstock issue and help the cycle industry back onto an even keel. No doubting that the industry is a bit broken at the moment, I think the big boys have tried to be a bit greedy. I see a Specialized expert diverge with an rrp of £5-6000 but a Sonder Camino ti with an ekar groupset at £3500 and I assume Sonder still have a decent profit margin within that price.Did we talk about this one?
Reports suggest Cycle Show 2024 cancelled due to
It has been reported that The Cycle Show, the major industry event held at London's Alexandra Palace and which this year celebrated its 20th anniversary, has fallen victim to the challenging times being experienced by the bike industry.www.cycleassociation.uk
Or not….Canyon doing something right…
https://bikebiz.com/canyon-continues-growth-trajectory-with-year-on-year-sales-up-23/amp/
I don't even think we need a cycle to work scheme at all, at least not in the form of a money lender. Instead we could just have a tax rebate scheme and make it only eligible for bikes 100% sourced and manufactured in the UK only. That should kill off the loan sharks, unfair trading practices and threat from Chinese imports, plus give a boost to UK industry all in 1 move. Will it happen? Pffft!And now this
'We are paying commission to a company which is actively trying to harm our business': Retailers rally against 'outrageous' Cycle to Work fees
Customers might not notice the commission charged, but bike shops certainly dowww.cyclingweekly.com
Honestly Cycle To Work schemes should be a not for profit company setup by the government. It is a tax dodge after all, designed by the cover meant to help the public (reasonably paid public, not the lower paid as they cannot get the scheme last time I looked and I wasn't earning enough, you know the people that need it the most).
Here some USA company is just creaming off 10% of what would be our UK taxes...
although I'd opine that the UK tax system is already overly complex and under-resourced with decision-empowered staff.I don't even think we need a cycle to work scheme at all, at least not in the form of a money lender. Instead we could just have a tax rebate scheme and make it only eligible for bikes 100% sourced and manufactured in the UK only. That should kill off the loan sharks, unfair trading practices and threat from Chinese imports, plus give a boost to UK industry all in 1 move. Will it happen? Pffft!