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Possible demise of CRC / Wiggle

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Something going on at Chiggle? I have noticed virtually all their prices are back to pre administration levels.


 
Posted : 02/02/2024 12:12 pm
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Yeah, but they've got a Spend and Save promotion on now.


 
Posted : 02/02/2024 12:16 pm
 BB
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I remember that Onza Octopus article! I was totally sucked in (excuse the pun) as well and really wanted some for a month until the next magazine. £14.95 for tyres though. Those were the days...


 
Posted : 02/02/2024 12:26 pm
rootes1 and rootes1 reacted
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I remember that Onza Octopus article! I was totally sucked in (excuse the pun) as well and really wanted some for a month until the next magazine. £14.95 for tyres though. Those were the days…

where do you get those soap holders from these days?


 
Posted : 02/02/2024 12:54 pm
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where do you get those soap holders from these days?

In the aisle next to shower mats I think.


 
Posted : 02/02/2024 1:22 pm
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Anyone heard anything?

Saw on Facebook they'd made another round of redundancies this morning, but the comments under the post just seemed to be a scattergun of uninformed theories that some part of the business had been sold.


 
Posted : 21/02/2024 2:44 pm
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Mike Ashley will update you shortly


 
Posted : 21/02/2024 2:59 pm
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Shit, that's awful news.

If the new owners are buying IP only, $$$$ the staff... they're going to get limited good faith from existing customers, I suspect.


 
Posted : 21/02/2024 5:37 pm
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Bugger, that sucks for the staff.


 
Posted : 21/02/2024 5:47 pm
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That's strange.

The only thing I think of when it comes to the CRC/Wiggle's IP is, 'That's CRC's own brand, probably reasonable value for money.'

Without CRC/Wiggle I wouldn't have thought the IP was worth much.


 
Posted : 21/02/2024 5:54 pm
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Bugger.

But I guess kinda inevitable.

They were too big to be bought by another cycle industry operation.
Hut group or Frasers etc all have their own warehousing and distribution already.
Couldn't see VC or private equity having the stomach for it in the current cycle market.

Does that sale include the in-house brands?


 
Posted : 21/02/2024 6:00 pm
kelvin and kelvin reacted
 a11y
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That's not good, not a nice way to be treating the staff either if that's true (not that I doubt it isn't).

‘That’s CRC’s own brand, probably reasonable value for money.’

+1. I've got heaps of Nukeproof, DHB and Fohn clothing, as well as the Lifeline spares. Huge amount of Nukeproof components across my bikes too. That's what I've associated Wiggle/CRC with for years.


 
Posted : 21/02/2024 6:14 pm
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I was just about to pull trigger on a Vitus until I saw the news.

Is it worth waiting to see if bigger discounts appear or just buy now as there is stock? Would you still have manufacturer warranty for any problems if retailer has gone?


 
Posted : 22/02/2024 8:06 am
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Looks like the race teams are all officially over too. Post from Elliot heap saying he's now without sponsorship.


 
Posted : 22/02/2024 8:11 am
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Same from Pagey. Sad times all round for the CRC family.


 
Posted : 22/02/2024 8:24 am
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Would you still have manufacturer warranty for any problems if retailer has gone?

Who's the manufacturer?

To answer your question, no warranty, buy with that in mind.


 
Posted : 22/02/2024 9:06 am
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rocco:
I was just about to pull trigger on a Vitus until I saw the news.

Is it worth waiting to see if bigger discounts appear or just buy now as there is stock? Would you still have manufacturer warranty for any problems if retailer has gone?

I suspect there will be bigger discounts on some items but once it's gone that's it and at some point the whole shop will stop trading. Highly unlikely there will be any warranty on Vitus. It's an own brand so when crc goes so does Vitus. Definitely buyer beware. I've bought a few things including a couple of frames but the price has been less than I can get something similar second hand so I'm happy to take a punt.


 
Posted : 22/02/2024 9:52 am
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Would you still have manufacturer warranty for any problems if retailer has gone?

Best to go in with the assumption that you're buying a brand (assuming its an in-house one) that no longer exists from a shop that no longer exists. The adjust what you're willing to pay accordingly.


 
Posted : 22/02/2024 9:54 am
kelvin and kelvin reacted
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I would operate on the assumption that there will be no warranty support at all on anything own-brand that was previously part of wiggle/CRC


 
Posted : 22/02/2024 10:05 am
kelvin and kelvin reacted
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Best to go in with the assumption that you’re buying a brand (assuming its an in-house one) that no longer exists from a shop that no longer exists. The adjust what you’re willing to pay accordingly

With my ongoing luck I will look elsewhere, not that much of a bargain to sway me now with the potential hassle (albeit hopefully unlikely, but again, my current luck) of a frame cracking and having to source and replace.


 
Posted : 22/02/2024 10:09 am
 nuke
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So this popped up yesterday...
https://road.cc/content/news/wiggle-invites-bids-remaining-warehouse-stock-307269

Got me wondering if they will just pull the plug and stop before all the stock is sold. I don't see how you can submit a bid though when stock is still being sold so is out of date as soon as you've submitted?


 
Posted : 14/03/2024 10:40 am
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nor do I. Also, what's the status of any returns sent now - they're still accepting them but are they just going to shutter and not issue refunds in a few days.


 
Posted : 14/03/2024 10:53 am
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They'll be bids on a percentage of RRP or retail value. You take everything at 5% (a total guess) and then they go through everything and invoice you.


 
Posted : 14/03/2024 10:55 am
 nuke
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Ah, that makes sense woodster.

So if they're happy with the % bid after 15th submission deadline then they could just halt sales.

Does say for citadel warehouse...not sure how many warehouses crc/wiggle have so maybe not everything?


 
Posted : 14/03/2024 11:14 am
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Does anyone know what's happened to St Johns Street Cycles?? sjscyles has been down for a few days


 
Posted : 14/03/2024 1:36 pm
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SJS site is up and working for me.


 
Posted : 14/03/2024 1:38 pm
 PJay
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Their website is working for me - https://www.sjscycles.co.uk/

Hopefully just an IT blip.


 
Posted : 14/03/2024 1:38 pm
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ah yes, some sort of cookies issue


 
Posted : 14/03/2024 1:40 pm
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Has anyone actually received anything they have ordered recently? I bought a couple of tops and helmets dirt cheap for me and the lady. Ordered on Sunday, still showing as processing.

no big deal if it doesn’t arrive, I half expected it not to and it was only £30 quid. And given they don’t have any staff left I would expect dispatch times would take forever

no way I’d be spending any serious money with them now however, regardless of how good a deal it looked.


 
Posted : 15/03/2024 10:16 am
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@mrbadger - there were posts on their socials earlier in the week saying they are processing orders still (and will continue to do so) but now on a skeleton crew so there is, predictably, a bit of a backlog.


 
Posted : 15/03/2024 10:21 am
 Jamz
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Has anyone actually received anything they have ordered recently? I bought a couple of tops and helmets dirt cheap for me and the lady. Ordered on Sunday, still showing as processing.

I ordered on the 5th and received on the 13th, it was on 'processing' most of the time. Another previous order had two items that arrived a week apart despite being ordered together. Luck of the draw basically.


 
Posted : 15/03/2024 10:34 am
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i ordered on Tuesday and it landed Thursday this week, all good for me


 
Posted : 15/03/2024 10:37 am
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i ordered on Tuesday and it landed Thursday this week, all good for me


 
Posted : 15/03/2024 10:37 am
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Highly unlikely there will be any warranty on Vitus. It’s an own brand so when crc goes so does Vitus. Definitely buyer beware.

Buying on credit card can mitigate some of this risk. The CC company is then on the hook for the same consumer rights you get from the retailer. Section 75

I was in a situation where some furniture became faulty, but the original retailer had folded. Another company bought the name. I had no claim with the new company, but was able to get money back from my credit card company. I needed a joiner to do an assessment of repair. The joiner took a look and said the item wasn't worth repairing. (If there is a cost to any assessment this will be covered). I had to show I'd disposed of the item (photo of it in a skip at the tip). I was then refunded the costs, less a bit for fair usage.


 
Posted : 15/03/2024 11:10 am
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Has anyone actually received anything they have ordered recently? I bought a couple of tops and helmets dirt cheap for me and the lady. Ordered on Sunday, still showing as processing.

Yup, ordered a load of BB's and some bars on Tuesday, arrived Wednesday - my Wiggle+ is still working fine.


 
Posted : 15/03/2024 11:57 am
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Buying on credit card can mitigate some of this risk. The CC company is then on the hook for the same consumer rights you get from the retailer. Section 75

IIRC the wording of section 75 is to the effect of you had to have expected to have a warranty. So it might be different buying something from a company that folds months later, to buying something from a liquidation sale of a company in administration.

i.e. if CRC are saying the warranty is now 28 days, then section 75 doesn't automatically put your CC provider on the hook for the next 5 months.


 
Posted : 15/03/2024 12:06 pm
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i.e. if CRC are saying the warranty is now 28 days, then section 75 doesn’t automatically put your CC provider on the hook for the next 5 months.

Any warranty will end when the company ceases to be (unless it's an insurance backed warranty). Consumer Rights Act still applies. That's what my claim was under in the example I gave. I did wonder what would happen if you paid money for a warranty separately. The Vitus warranty terms are essentially Wiggle/CRC will deal with your issue. If these no longer exist then I'm not sure whether the CC would do anything

buying something from a liquidation sale of a company in administration.

For consumer rights, the only reason this would matter is that the entity you bought from then ceases to exist. Hence if you buy with credit card you still have a party you can make a claim from, with the same rights and for the same period as if the original company still existed. Your rights are not diminished just because the company is shutting down. What it does mean is you will likely only get money refunded, no replacement or repair.


 
Posted : 15/03/2024 12:14 pm
 Kuco
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Just done my last ever order, dropper post for £30 a couple of the Nukeproof carbon side bottle cages and some tubless valves.


 
Posted : 15/03/2024 12:21 pm
 a11y
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Definitely getting longer and longer for order fulfilment (unsurprisingly). Latest for me was ordered on 8th March and was 'processing' until yesterday (14th) when it was despatched with delivery due today/tomorrow.

I'm about to place what might be my final order - cheap cheep budgie smugglers and plenty other swimming stuff reduced.


 
Posted : 15/03/2024 1:40 pm
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I bought my bike in early summer when we didn't know they were going bust...  Ah well, it was extremely cheap even then so at least I still have a load of modern sized bits to put on a new frame if the old one dies.


 
Posted : 15/03/2024 2:34 pm
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something odd going on now, swathes of stuff out of stock when you click into it or page missing. Wonder if this is finally the end.


 
Posted : 15/03/2024 4:49 pm
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IMG_0134Ah yes. Is this how it all ends?


 
Posted : 15/03/2024 4:59 pm
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something odd going on now, swathes of stuff out of stock when you click into it or page missing. Wonder if this is finally the end.

I was keeping my eye on the price of the Nukeproof Giga's they had 5 complete bikes yesterday, today none. They didn't sell them all overnight. They have invited offers on remaining stock maybe someone is buying up in bulk.


 
Posted : 15/03/2024 5:00 pm
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I saw Vitus bikes for sale at Paul's cycles.


 
Posted : 16/03/2024 1:11 am
ac282 and ac282 reacted
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