EDIT 20/05/24: Dan and Jake have bought back the brand / company. Press release here.
Sadly this has been on the cards since 2021 and the well known industry issues and really bad mistakes made, during the pandemic.
Unless someone with deep pockets comes along, then I think that's it for the brand. It'll likely get wound down, some stock bought by some distributors and that's that. Someone might buy the name, but I doubt it.
Full respect that Kona did the most Kona thing possible that on the day the stand was pulled and the townhall took place, they launched a new bike. At the heart of the company, they are unconventional, somewhat provocative and prone to the odd clanger! It reads to me like a massive 2 fingers to Kent
Sadly this has been on the cards since 2021 and the well known industry issues and really bad mistakes made, during the pandemic.
NSMB.com - Rumors of Kona's Demise May not be Greatly Exaggerated
Strange happenings at The Sea Otter Classic indicate it may be time to prepare Kona's obituary.
nsmb.com
Where's Kona? Brand sets up then breaks down at Sea Otter
MONTEREY, Calif. (BRAIN) — Kona Bikes employees were tight-lipped Wednesday after the brand's employees set up a display at the Sea Otter Classic expo (which opens Thursday) and then began breaking it down."I can tell you straight away we are not going to have a comment," Caleb Smith, a...
www.bicycleretailer.com
Unless someone with deep pockets comes along, then I think that's it for the brand. It'll likely get wound down, some stock bought by some distributors and that's that. Someone might buy the name, but I doubt it.
Full respect that Kona did the most Kona thing possible that on the day the stand was pulled and the townhall took place, they launched a new bike. At the heart of the company, they are unconventional, somewhat provocative and prone to the odd clanger! It reads to me like a massive 2 fingers to Kent
Kona Ouroboros
www.konaworld.com
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