To Mrauer.... sure you appreciate the irony that if everyone does what you do you won't be a bike mechnanic for much longer...
Posted : 05/05/2023 9:16 pm
There was always going to be a post covid correction. Nobody sensible should infer continued growth based on pandemic buying habits
Cost of living crisis has exacerbated a reduction in spend that was always going to happen.
Don't believe me? look on eBay.
Posted : 06/05/2023 12:56 am
Article in the Grauniad on the subject:
So what went wrong?
“We could see it before anyone else,” said Martin Shepherd at Reynolds Technology in Birmingham, which for the past 125 years has made steel tubes used to create bicycle frames.
“During the pandemic, you couldn’t ship bikes fast enough,” he said. “Everybody’s lead time for orders [mostly to Taiwanese factories] started to go up nine months in advance, 12 months in advance.
“Now we’ve come out of the other side of it, there’s just vast amounts of inventory because all those people who were having to order 500 bikes 18 months in advance were suddenly swamped with stock.”
Posted : 05/11/2023 3:42 pm
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