On Mon, 19 Nov 2018 08:18:16 -0600, AMuzi wrote:

On 11/18/2018 9:02 PM, jbeattie wrote:
On Sunday, November 18, 2018 at 4:08:49 PM UTC-8, wrote:
On Sunday, November 18, 2018 at 2:16:16 PM UTC-8, wrote:
On Sunday, November 18, 2018 at 4:12:59 PM UTC-6, wrote:
On Sunday, November 18, 2018 at 1:51:47 PM UTC-8, jbeattie wrote:
Oh well: https://www.bicycleretailer.com/indu...1#.W_HVJ-hKjIU


-- Jay Beattie.

Lately every time I've been in there I've been rather surprised at the sheer amount of bicycles they had for sale.

I've watched several local bike shops go out of business because they stocked too many bikes and no one is buying bikes except off of the Internet. I have four REALLY good bikes well equipped for more than good prices and I've on sold one bike in the last two years. When you can get a new CF bike for a good price why should you settle for a used and proven bike?

Like Nashbar it would have been a good idea for Performance to invest more heavily into components and accessories and less into bike sales since this sales problem has been around for five or six years.

Apparently you do not know that Performance bought out Nashbar 10-15-20 years ago. Performance and Nashbar are the same company. Kind of like Ford/Mercury/Lincoln are the same company.

Apparently I do know, but why would you think that makes the slightest bit of difference? The drag on the mother company isn't from Nashbar but of Performance.

Hard to tell what role Nashbar played, but it declared bankruptcy, too. I looked up the bankruptcy docket, and the whole ball of wax is for sale (or will be assuming the motion to sell substantially all assets is approved). I wonder which one of the creditors will end up with Performance, assuming it continues in existence. Fuji is probably the most valuable asset. I think Muzi should make a bid. We can sell them here on RBT. Joerg has one. Maybe we can sell him another.

-- Jay Beattie.







paraphrasing Mencken, our industry lives on the illusion
that one chinese bike is different from another.

Actually Mencken is wrong as Chinese bikes do vary... in price :-)


But I've always preferred his description of socialism as:

Socialism is the theory that the desire of one man to get something he
hasn't got is more pleasing to a just God than the desire of some
other man to keep what he has got.

cheers,

John B.