Giant says inventory levels back to "healthy pre-pandemic standards" and Shimano's sales are up 12 per cent, but industry's biggest brands still face unpredictable and tricky market
  • TheFeatureCreature@lemmy.caEnglish
    6·
    1 month ago

    Not surprising. COVID really messed up the bicycle industry with suppliers and retailers still having difficulty navigating the aftermath even today, 5ish years later.

    I recently bought a new ebike so I spent a lot of time browsing the inventory of local bike shops and there were a lot of bikes with steep discounts. My bike was around $2,000CAD off because they needed it to move asap. $400-700CAD discounts were common across numerous retailers.

  • JubilantJaguar@lemmy.worldEnglish
    5·
    1 month ago

    Shimano having downgraded its outlook for 2025

    How is Shimano not sitting on a literal mountain of cash? This company has somehow managed to maintain a virtual world monopoly in bike transmissions for decades and decades.