Wiggle Chain Reaction Cycles parent company suffering 'severe liquidity challenges'
Retail giant Signa Sports United cites its 'bike segment' brands as underperformers
www.cyclingweekly.com
Wiggle Chain Reaction Cycles parent company suffering 'severe liquidity challenges'
Retail giant Signa Sports United cites its 'bike segment' brands as underperformerswww.cyclingweekly.com
Agreed ^^^^^^^^Hard to know who's selling bike parts then, because these on line guys way undercut local bike shop prices.
This ^^^^^^ plus retailers large stockists placing multiple orders on different Tier1 suppliers for identical stock. When one supplied the retailers cancelled outstanding orders on the majors leading to masses of unsold stock, cashflow blah blah.Higher demand than supply during lock down turned on its head now.