Seeing some rumours that Stages have just laid off their entire workforce and closed up shop. Will have to see what comes out in the news today.

Poor buggers if it’s true.

I kinda thought they’d get more involved with the spin bike side of things which can be fairly lucrative

More detail here. Including that they were very much in the gym bike market more than cranks.

https://escapecollective.com/stages-cycling-lays-off-entire-workforce/

Stages were always a gym bike business that branched into the crank based PM market. It won’t be the PM’s that have done it for them. Nor, I expect the dedicated exercise bike in place of the turbo trainer (it was hugely overpriced compared to a wattbike Atom). I still have two dead ones in the spares box. I won’t be mourning their demise, but am naturally sorry for those who have lost their jobs.

EDIT: that sucks for the staff, I’m sorry.