Posts Tagged ‘National Bicycle Dealers Association’
Letter From America – Banks Shaping Bike Industry
Sante Fe, New Mexico The US banking industry – turned topsy-turvy with the demise of Silicon Valley Bank (SVB) in March – is quietly reshaping the bicycle industry. Retailers, facing a raft of cash flow issues, are finding it increasingly difficult to refinance older loans, refinance and pay for overpriced inventory, or seek loans to…
Five Predictions for Industry Direction in 2022
Little Rock, USA US bike industry commentator Rick Vosper has published his predictions for a number of possible developments in the American bike industry for 2022. At least some of his projections in ‘Five things that might happen in 2022. Or Not’, published online this week in Bicycle Retailer and Industry News, could just as…