When order lead times ballooned from two months to two years during COVID-19, it created a massive, long-term problem for the bike industry. Even today, nobody can tell you exactly how much excessive stock there still is.
The bike industry's inventory problem
https://escapecollective.com/bike-industrys-inventory-problem/
10 Comments
thenextguy@sh.itjust.works · 11 pts · 4d
And yet every bike I'm interested in is out of stock online.
clmbmb@lemmy.dbzer0.com · 4 pts · 3d
And expensive!
Monkey@piefed.social · 7 pts · 3d
Well why is it still expensive
Raiderkev@lemmy.world · 6 pts · 3d
vinceman@lemmy.blahaj.zone · 5 pts · 3d
Exactly this, where are the discounts and deals then? Shops still asking full MSRP for 3 year old bikes near me, like you're just sitting on them???
treadful@lemmy.zip · 7 pts · 4d
Just put it in my garage.
artyom@piefed.social · 5 pts · 4d
Seems the entire Industry recognized that COVID was causing an outdoor boom, but didn't squirrel any of that money away or plan for the inevitable bust that followed.
Michal@programming.dev · 1 pts · 2d
I just assumed people needed bikes to avoid public transport.
artyom@piefed.social · 1 pts · 2d
Nah they got them bc they couldn't go to the bar anymore
Wahots@pawb.social · 4 pts · 2d
Do you have a way around the membership paywall? I want to read the whole article!