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The market went delicate, their product range grew bigger and increasingly complex (- and thus more expensive on their side), capex and charges drastically spiked. When a cargo arrives and all of a sudden it is subject to a $200,000 import payment, that may increase costs and decrease demand. The founder does get props though for selling at simply the best time They’re still paying Christopher Walken for an add from 10 years ago.
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See email I received from them at present below. YT ran a 50% flash sale to do a cash grab from customers in full knowledge they were going to declare insolvency. May be a good time to buy groceries. Product is there, you pay and stroll out and shred. Wow…they won’t win future customers with that and doubtless killed the fans that they did have. It occurs on a daily basis in business.
- The manufacturers that did not go all in on components and frame stock are safer while the ones that tough committed are hurting.
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- You can solely sell so many excessive end bikes a yr.
- My understanding is this was particular to the Canadian setup at the time.
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Yeah thanks Donald, for trying to get the US market to spend more on US constructed stuff. Bums me out that manufacturers like YT struggle while Canyon’s on the market nonetheless doing Canyon issues. In the pantheon of direct to shopper MTB manufacturers they’re one of many few I Might trust to not make a motorcycle that’ll kill me. In Distinction To SC or Yeti who overcharge for bikes with massive profit margins, and unlike Trek or Specialized who have big road/gravel markets, smaller corporations simply cannot survive if they do not seem to be run tremendous lean. Its probably extra partly because of the complete market.
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