Posts Tagged ‘US bicycle industry’
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…
Letter from America – New Bugbears for US Industry
SANTA FE, New Mexico It seems the US bicycle industry has set aside – at least for the moment – worries over supply chain disruption, overseas shipping costs, and tariffs on some Chinese imports. That’s not to say these concerns are unimportant, but the industry is moving full speed ahead into other hot button issues.…