State of the industry: a running thread
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I hear the latest niche in the cycling world is going to be marketed at high court judges - apparently the gavel sector is going to be huge.
(Gets coat, leaves)
Did we talk about this one?
www.cycleassociation.uk
Reports suggest Cycle Show 2024 cancelled due to
It has been reported that The Cycle Show, the major industry event held at London's Alexandra Palace and which this year celebrated its 20th anniversary, has fallen victim to the challenging times being experienced by the bike industry.
Roasted
Kona Fan
I was thinking that cycling is going the same way due to all the electrical gubbins. Soon you'll need diagnostic software just to mount a water bottle.
Back to the cars. I don't think people would mind paying £30 for diagnostics, most reapole know it only takes a few minutes so being asked to pay £100 is a bit much.
Another slightly annoying thing is being charged £30 (plus the bulb) to replace light bulbs, although it's not too bad value on modern cars where you need to go through the wheel arch. Once a main dealer charged me over £60 to replace 2 bulbs (with easy access) without even asking, and I don't even think they were blown as I check bulbs regularly.
Back to the cars. I don't think people would mind paying £30 for diagnostics, most reapole know it only takes a few minutes so being asked to pay £100 is a bit much.
Another slightly annoying thing is being charged £30 (plus the bulb) to replace light bulbs, although it's not too bad value on modern cars where you need to go through the wheel arch. Once a main dealer charged me over £60 to replace 2 bulbs (with easy access) without even asking, and I don't even think they were blown as I check bulbs regularly.
Takingabreak
Dave Yates Fan
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hmmm. Now I'm both hands, add to basket finger twitching like a gunslinger from way out west.... waiting to ease the overstock issue and help the cycle industry back onto an even keel. No doubting that the industry is a bit broken at the moment, I think the big boys have tried to be a bit greedy. I see a Specialized expert diverge with an rrp of £5-6000 but a Sonder Camino ti with an ekar groupset at £3500 and I assume Sonder still have a decent profit margin within that price.Did we talk about this one?
Reports suggest Cycle Show 2024 cancelled due to
It has been reported that The Cycle Show, the major industry event held at London's Alexandra Palace and which this year celebrated its 20th anniversary, has fallen victim to the challenging times being experienced by the bike industry.
xtaffa
Gary Fisher Fan
Or not….
Price slashing pushes Canyon into the red
Profits are down for the German bike brand, despite an increase in sales volume
www.cyclingweekly.com
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And now this
www.cyclingweekly.com
Honestly Cycle To Work schemes should be a not for profit company setup by the government. It is a tax dodge after all, designed by the government and meant to help the public (reasonably paid public, not the lower paid as they cannot get the scheme last time I looked and I wasn't earning enough, you know the people that need it the most).
Here some USA company is just creaming off 10% of what would be our UK taxes...
'We are paying commission to a company which is actively trying to harm our business': Retailers rally against 'outrageous' Cycle to Work fees
Customers might not notice the commission charged, but bike shops certainly do
www.cyclingweekly.com
Honestly Cycle To Work schemes should be a not for profit company setup by the government. It is a tax dodge after all, designed by the government and meant to help the public (reasonably paid public, not the lower paid as they cannot get the scheme last time I looked and I wasn't earning enough, you know the people that need it the most).
Here some USA company is just creaming off 10% of what would be our UK taxes...
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pwebb
Retro Guru
I don't even think we need a cycle to work scheme at all, at least not in the form of a money lender. Instead we could just have a tax rebate scheme and make it only eligible for bikes 100% sourced and manufactured in the UK only. That should kill off the loan sharks, unfair trading practices and threat from Chinese imports, plus give a boost to UK industry all in 1 move. Will it happen? Pffft!And now this
'We are paying commission to a company which is actively trying to harm our business': Retailers rally against 'outrageous' Cycle to Work fees
Customers might not notice the commission charged, but bike shops certainly do
Honestly Cycle To Work schemes should be a not for profit company setup by the government. It is a tax dodge after all, designed by the cover meant to help the public (reasonably paid public, not the lower paid as they cannot get the scheme last time I looked and I wasn't earning enough, you know the people that need it the most).
Here some USA company is just creaming off 10% of what would be our UK taxes...
Takingabreak
Dave Yates Fan
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I wonder if the UK cycle to work scheme was the starting point for the mess the industry is currently in. It seemed like over the course of a couple of years what were £599 bikes became £999 bikes as the scheme became popular.
N-plus-one
Devout Dirtbag
although I'd opine that the UK tax system is already overly complex and under-resourced with decision-empowered staff.
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