How little inventory is out there
On 11/29/2020 12:31 PM, Tosspot wrote:
On 29/11/2020 17:23, Frank Krygowski wrote:
On 11/29/2020 10:55 AM, jbeattie wrote:
There were and are supply chain issues, but it seems like the
demand planners really fell on their faces, too.
I'm not sure we can fault them. Bike sales suddenly jumped something
Â*like 75% over the previous year. Even if a bike company had all the
Â*necessary stock on hand - which would be impossible - it would be
very tough to ramp up production by such a large amount.
Going to flood the second hand market in 12-24 months :-)
When we were helping a guy find a kid's bike back around June, that's
what one shop guy told us. "If you wait until next year, they'll all be
on Craigslist."
--
- Frank Krygowski
|