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  1. #26
    Join Date
    Mar 2008
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    northern BC
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    High end or low end, If you see a link about something bicycle related going tits up putting it here is as good a place as any
    Lee Lau - xxx-er is the laziest Asian canuck I know

  2. #27
    Join Date
    Jun 2008
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    SLCizzy
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    I haven’t looked at Jenson, but this looks ominous.
    Click image for larger version. 

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  3. #28
    Join Date
    Aug 2010
    Location
    Park City
    Posts
    1,882
    I hope they don’t take a hit. They have helped me out of a couple screw ups by overnighting stuff in time for me to get a bike ready for a race.

  4. #29
    Join Date
    Mar 2023
    Posts
    17
    That’s not a Jenson advert. “All Store Clearance” on the title and marginal use of the English language scream redirect scam.

  5. #30
    Join Date
    Feb 2014
    Location
    NorCal coast
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    2,017
    Quote Originally Posted by dwoovre View Post
    That’s not a Jenson advert. “All Store Clearance” on the title and marginal use of the English language scream redirect scam.
    Good catch

  6. #31
    Join Date
    Oct 2005
    Location
    Sandy
    Posts
    5,227
    Not a pure bike store, but another data point:

    https://thedaily.outdoorretailer.com...sts-down-year/
    When life gives you haters, make haterade.

  7. #32
    Join Date
    Nov 2008
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    between campus and church
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    10,011
    Quote Originally Posted by dwoovre View Post
    That’s not a Jenson advert. “All Store Clearance” on the title and marginal use of the English language scream redirect scam.
    Agreed but I just bought new tires and rotors at Jenson for 50% off so I’ll take what they’re offering.

  8. #33
    Join Date
    Feb 2011
    Posts
    2,464
    The Pro’s Closet raised another $20m of equity. The article was paywalled so not sure of the details. But I’d love to see the slide deck in the investor pitch..




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  9. #34
    Join Date
    Dec 2007
    Location
    Hell Track
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    14,030
    Quote Originally Posted by Skistack View Post
    The Pro’s Closet raised another $20m of equity. The article was paywalled so not sure of the details. But I’d love to see the slide deck in the investor pitch..




    Sent from my iPhone using TGR Forums
    "You know all those suckers that paid outrageous prices for bikes 18 months ago and then only rode them twice? They're gonna need a good consignment shop."

  10. #35
    Join Date
    Oct 2006
    Location
    8530' MST/200' EST
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    4,437
    Greaney Out at Santa Cruz via PON. the shakeups around the industry continue.
    "If we can't bring the mountain to the party, let's bring the PARTY to the MOUNTAIN!"

  11. #36
    Join Date
    Feb 2014
    Location
    NorCal coast
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    2,017
    Quote Originally Posted by Phall View Post
    Greaney Out at Santa Cruz via PON. the shakeups around the industry continue.
    I really wonder whether that one is "he had a long run and needed a break" or PON is blaming him for the pile of inventory they're trying to firesale right now.

  12. #37
    Join Date
    Feb 2011
    Posts
    2,464
    Quote Originally Posted by toast2266 View Post
    "You know all those suckers that paid outrageous prices for bikes 18 months ago and then only rode them twice? They're gonna need a good consignment shop."
    "This is not a Ponzi scheme!"

    IIRC, they raised $40m during the pandemic.

    So let's make the assumption that this is not a Ponzi scheme, they now have $60m total equity. At a 5% return, investors would get $3m/yr. Let's say that after paying rent, payroll, etc., they can net $300 on every bike sold. That 10,000 bikes a year.

    Good luck with that.

  13. #38
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    Jun 2008
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    SLCizzy
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    That’s wild about TPC.
    My guess is they might have a ‘plan’ for liquidating excess inventory from overstocked manufacturers and that’s what this $$will go towards.
    Expect to see a whole bunch of Konas and Specialized (maybe some Transitions)at TPC


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  14. #39
    Join Date
    Apr 2004
    Location
    Three-O-Three
    Posts
    15,474
    Someone threw another $20mm at that dumpster fire? I have to imagine they had to get any remaining available equity for that amount, otherwise I don’t see how it’s worth the risk.

  15. #40
    Join Date
    Sep 2018
    Posts
    6,772
    Quote Originally Posted by joetron View Post
    That’s wild about TPC.
    My guess is they might have a ‘plan’ for liquidating excess inventory from overstocked manufacturers and that’s what this $$will go towards.
    Expect to see a whole bunch of Konas and Specialized (maybe some Transitions)at TPC


    Sent from my iPhone using TGR Forums
    This seems like a good take. The bike industry is a dumpster fire generally right now and maybe this is a way to take advantage of that but as we saw from the run up just a couple years ago, the trends swing pretty quick. Risky.

  16. #41
    Join Date
    Oct 2005
    Location
    Sandy
    Posts
    5,227
    Jenson is selling Pivot now. Trying to shore up slow sales or does the consumer expect everything to come to their door now?
    When life gives you haters, make haterade.

  17. #42
    Join Date
    Apr 2021
    Posts
    96
    It’s tough out there for a small brand. I think you have to offer online sales and going through Jenson allows them to outsource all of that work rather than running a web store themselves.


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  18. #43
    Join Date
    Apr 2004
    Location
    Three-O-Three
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    15,474
    Quote Originally Posted by Abies View Post
    It’s tough out there for a small brand. I think you have to offer online sales and going through Jenson allows them to outsource all of that work rather than running a web store themselves.


    Sent from my iPhone using Tapatalk
    It’s an interesting dilemma… is setting it up yourself worth 3040% margins lost thru the online retailer? Lots of other small companies have setup online sales pretty easily (or it appears, at least).

  19. #44
    Join Date
    Dec 2009
    Posts
    1,716
    I checked out the Pivot bikes at Jenson. These are the newest models (at least of the Mach4). Full price. I had to check it out as I just bought the old version for 40% off at Backcountry/Competitive Cyclist

  20. #45
    Join Date
    Oct 2005
    Location
    O+Positive
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    2,984
    Orange dodging a bullet, remaining intact after restructuring

    https://www.cyclingweekly.com/news/b...JCDwfZvHhqWHF4
    Montani Semper Liberi

  21. #46
    Join Date
    Oct 2008
    Location
    The Fish
    Posts
    4,774
    All over the internet now but...
    Pole
    Kona
    Then there is all the Scott drama. If you dont have cash it looks like you are sinking right now. More and More.
    Shop owners are you selling any bikes at a profit currently?
    a positive attitude will not solve all of your problems, but it may annoy enough people to make it worth the effort

    Formerly Rludes025

  22. #47
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    Aug 2010
    Location
    Park City
    Posts
    1,882
    Used bikes are less than half of what they were two years ago. Interesting times.

  23. #48
    Join Date
    Dec 2007
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    Hell Track
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    Kinda bummed about Pole. They were way ahead of the industry when they started - one of 2 or 3 companies that figured out where mountain bike geometry was going, 6 years before everyone else. But their whole shift to super goofy looking machined weirdness doesn't seem like it did them any favors.

  24. #49
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    Oct 2008
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    The Fish
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    Quote Originally Posted by toast2266 View Post
    Kinda bummed about Pole. They were way ahead of the industry when they started - one of 2 or 3 companies that figured out where mountain bike geometry was going, 6 years before everyone else. But their whole shift to super goofy looking machined weirdness doesn't seem like it did them any favors.
    Lots of arrogant engineering going on over there. Remember when he wouldn't publish geo because we were too stupid? I mean, I guess he is kinda right...
    a positive attitude will not solve all of your problems, but it may annoy enough people to make it worth the effort

    Formerly Rludes025

  25. #50
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    Dec 2007
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    Hell Track
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    Quote Originally Posted by Eluder View Post
    Lots of arrogant engineering going on over there. Remember when he wouldn't publish geo because we were too stupid? I mean, I guess he is kinda right...
    Yeah, not showing people the geo chart is the most engineer-ish response to criticism of the geometry chart. Pretty funny, albeit a dumb move on their part that they ended up walking back pretty quickly.

    Definitely one of those companies driven by engineers that likes to experiment with weird takes on bikes. Obviously that doesn't always lead to marketable results though.

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