Posts by Phil Latz
Low Value GST Import Threshold is up for Review
Most Australian bicycle industry members will probably remember the long and hard fought battle that was waged for years to persuade the government to change its policy regarding charging GST on imports. Just in case this was before your time or the memory has faded, here is a recap… Prior to 1st July 2018, the…
Eurobike 2021 Marks the End of an Era
Despite covid restrictions, the Eurobike Show is proceeding this year, albeit on a smaller scale. After 30 years, the final Eurobike show to be hosted at Friedrichshafen is being held from 1st to 4th September 2021 probably with not one of the usual 200 or so Australian attendees able to visit. For many Australians, it…
NZ Based Chapter2 Appoints Exclusive Australian Distributor
Chapter2 is the creation of Michael Pryde. After a successful career in Architecture, he joined Neil Pryde Limited in 2004. This company, founded and run by his father since 1970 is a diverse global sporting goods brand, best known for its windsurfers. Michael established the Bike Division under the brand NEILPRYDE in 2008 where he…
Life Time Buys Sea Otter Classic
Frank Yohannan, who has owned and operated the Sea Otter Classic for more than 30 years since he founded the event from scratch, has sold to Life Time, a multi-billion dollar fitness and event company. Life Time already owns a range of major cycling, running and triathlon events across the USA including the Leadville 100,…
Specialized E-Bike Battery Recall Includes Some Australian Bikes
Specialized is recalling about 2,500 first-generation Turbo Levo and Kenevo electric mountain bike battery packs. Water can penetrate the seal around the LED control pad on the bicycle’s lithium-ion battery pack and cause the battery to short circuit, posing fire and burn hazards. No injuries have been reported from the fault. The recall involves Specialized…
Director of Cycling Fund Arrested, Charged with Fraud
Samuel J. Mancini is the managing director of a Denver, Colorado-based fund that had plans to acquire iconic global brands De Rosa, De Marchi and Limar. But Mancini was arrested in Denver late July and faces US federal securities fraud, wire fraud and money laundering charges. According to civil and criminal complaints, Mancini’s company, Outdoor…
Mountain Bikes: Distributors in Australia
The Latz Report YearBook lists any organisation that supplies goods or services to bicycle retailers or interacts with them in some bike industry related way. For details of Mountain Bike, Fat Bike MTB or electric MTB distributors in Australia, please follow this link to our Yearbook and use the Search function or Direct to Page…
Events
Businesses are built upon good relationships, especially with your customers and suppliers. We’re relational beings. We enjoy interacting with others. At the core of any event is conversation and relationship building. Even though almost two years of covid disruption has massively disrupted all sorts of face to face events, it’s amazing how many events have…
Referrals and Reviews
Australia’s Leading Scooter Player Eyes the Bicycle Market
Scooter Hut and Freestyle Distribution are two names that might have flown under the radar of many bicycle industry members – until now. Both are owned by founder Scott Mackintosh who spoke candidly with The Latz Report about his hugely successful current business and plans for rapid expansion. As both Scott’s name and accent suggest,…