Revenue Round Up: Strong Signs for the Bike Industry Following a Surge in Cycling Sales

Jun 17, 2020
by James Smurthwaite  
Shimano Stock hits Record High

Shimano Deore on Vancouver s North Shore 2020

As people turn to bikes to avoid public transport, especially in the UK and France, the Japanese brand is poised to take advantage of the surge in demand. As such, Shimano has seen its stock rise to a record high on June 16 after a spike in cycling during the COVID-19 pandemic.

Shimano endured a turbulent start to the year as it was forced to close its factories and its stock plunged as low as ¥13,240 on March 16 but it has risen rapidly since then and hit ¥20,760 on June 16. Its previous record high before the pandemic was ¥19,300 in March 2015.

A report in Bicycle Retailer and Industry News indicates that stocks are buoyant across the industry and the B2B publication noted that Giant, Accell Group, Thule Group, Fox Factory, MIPS and Dorel Industries had shown similar patterns to Shimano.

NPD Group Claims Bicycle Sales Are Up 75%

NPD Group, a data insights company, claim that bike sales are up 75% in April with total sales reaching $1 billion in the USA. This is the first month since NPD began tracking the market that sales have exceeded $1 billion with April sales typically falling between $500 million and $575 million.

The biggest growth was noted in lifestyle/leisure bikes under $200 but hardtail mountain bikes also experienced a surge of 150%.

Matt Powell, NPD's sports industry advisor said: “For far too long the cycling industry has been solely focused on the pinnacle athlete, but these results show that a broader, family and beginner focus can reap gains. This is a silver lining, and one of the important sports retail lessons to come out of the pandemic."

NPD Group's data shows growth throughout the year.

More info, here.

Accell Sales up 23% in May

Accell, parent company of brands including Lapierrre and Raleigh, reported a "strong recovery" of bike sales in May following a slump in April and March. Group sales were down 27% compared to last year at the start of spring however as bike shops began to reopen, especially in Germany, its largest market, the group was able to bring its net sales to within 5% of last year at the same point.

Accell noted particular demand for ebikes and cargo bikes and was able to report its production was up to 70-80% of normal operating capacity compared to normal. Despite this, it still anticipates product availability to be down in the second half of 2020 and delays in the planned introductions of new bicycle models.

Ton Anbeek, CEO Accell Group, said: “The strong recovery of bike sales in May is clearly a very positive development, yet we are still trailing behind last year’s numbers. The duration and impact of COVID-19 currently remains unpredictable and we anticipate that our 2020 results will be hampered by the ongoing disruptions in the global supply chain.

“The current uncertain environment requires us to be more prudent and this is also why we are glad to have improved our financial buffer. At the same time, we are excited to see so many European governments, cities and consumers embrace cycling post lockdown, which contributes to a bright future for our brands and our business in the post-COVID-19 era.”

More info, here.

Dorel Reports a Loss Despite Increased Sales

Dorel Sports saw an uptick of 2% in sales for Q1 this year however it recorded a modest $611,000 loss, compared to a profit of $4.5 million last year. Dorel, the parent company of CSG and PCG, including brands such as GT, Mongoose and Cannondale, apparently saw spikes in sales at the end of March but had to contend with unfavorable exchange rates and retail closures throughout the quarter.

Dorel Sports is expected to record a profit next quarter as its European retaillers start to open up but it also warned that supply of bikes will be tight due to high demand.

Leatt Records Best First Quarter in Company History

DBX 3.0 Flat

Helped by the launch of its first-ever shoe line, Leatt has recorded the best first quarter in its history. The South African apparel brand reported revenues up 24% year on year to $7.5 million. As well as the success of the new shoe, Leatt reported strong sales in its body armor division too, which increased 69% to $4.1 million as people were told to reduce risks to prevent hospitals being overwhelmed.

Sean Macdonald, Leatt CEO, said: "With global headwinds from the COVID-19 pandemic expected to affect our revenues in the next several quarters, we are focused on operating more efficiently while continuing to develop our pipeline of innovative, medically proven products that define Leatt as a premium head to toe brand.

Our worldwide distributor buying patterns have been understandably conservative as they have been impacted by a range of policy responses and implementation. While the situation is extremely fluid, we are continuing to closely monitor and navigate local governmental requirements, our global customer needs, and consumer buying trends. But we also know consumers are eager to return to riding. We are encouraged that our manufacturing partners in Asia are recovering well, and that the production of stocking orders of our 2021 line of protective gear has commenced as planned. We are also encouraged to see key international geographical areas and domestic locations in the United States slowly relax lockdown measures to allow for limited outdoor activity within established distancing guidelines."

More info, here.

Dick's Begins Recovery After Tough Q1

Store closures due to the Pandemic saw Dick's Sporting Goods net sales fall by 31% year-on-year in Q1 however it is beginning to show signs of recovery and hopes to have all stores open by June 30.

The company reported a consolidated loss for Q1 that included $34 million of employee compensation and safety costs and $28 million of inventory write-downs. It did note some positives though such as a 110% increase in online sales that saw its e commerce business jump from 13% to 39% of its net sales.

With stores beginning to reopen, Dick's has announced it has restored salaries for all staff except certain executives and ended furloughs. It has also reinstate its dividend program, authorizing a quarterly dividend of $0.31 per share on the company's common stock and Class B common stock as early sales are up in Q2.

Posted In:
Industry News



183 Comments

  • 137 4
 as a former bike shop mechanic, i've had so many friends as me to help them restore their old bikes or buy new ones. i'm talking people that never ride, buy a brand new 2020 stumpjumper s-works, then ride 4 times a week now, which is awesome. that's like 5 of my non-cycling friends: the others bought yeti, trek, and 2 santa cruz bronsons. MTB is contagious, and once noobs are able to get over the initial hump of climbing and the mental anguish of crashing, it's truly addicting. once this dies down there will be a lot of used bikes on the market due to buyers remorse. my true hope would be that people keep riding which helps feed the entire bike industry down the road.
  • 54 166
flag Three6ty (Jun 17, 2020 at 10:18) (Below Threshold)
 Yep and all these newbies are over crowding our local trails. It sucks!!! On the Business end, I am happy to see the bike shops and industry in general, come thru this looking better than before.
  • 59 6
 @Three6ty: You just have to ride dawn patrol my friend. With the longer days, it's easier. If I'm on the trail by 6:30AM, I can get two full laps done by 9 and I'll likely only see a couple of earlybird hikers with their doggos until I get back to the road, which is filling up by this point. If I start at 8, the staging already is already filling up.

Alternatively, late evening rides are great. Put the kids to bed, hit the trails, climb with the setting sun, and descend with lights. Night riding is fun, and there is no traffic.
  • 82 17
 I assume you meant your *former* friend bought a Yeti? Seeing as how friends don't let friends buy Yeti?
  • 114 5
 @Three6ty: Just an FYI, you're a newbie to someone too. There's always someone faster, stronger, and better than you. Be grateful they aren't being an a*shole and saying you don't have a right to ride on "their" trails.
  • 37 0
 @Three6ty: If they're new, they may ask advice about a lot of things. During those conversations, you can mention things like trail maintenance, local advocacy groups, etc. to try to welcome them in rather than push them out.
  • 31 1
 @Three6ty: You were an additional rider on the trails inconveniencing the "good" riders at some point as well.
  • 55 29
 @Three6ty: everyone is going to rip you but you make a great point.

We have a whole crop of helpless new people in the sport. They expect everyone else to build new trails, give them tours of the trails, make trails easier, make trails harder, make more parking, make go arounds etc. Hardly any of these new people are contributing time and effort to the sport. They are a drain.

The infrastructure that underpins mountain biking is severely stressed and the solution seems to be add more people and add ebikes and expect someone else to work it out.
  • 8 16
flag kkse (Jun 17, 2020 at 11:43) (Below Threshold)
 @fullendurbro: In BC we replace Yeti with Norco, LOL.
  • 33 3
 @Three6ty: @Three6ty: Really saddens me to read comments like these. Once upon a time you were new and didn't have a feckin clue either. Imagine if someone put you down like that. It would suck. Also, yes, they are new, learning, but a few will become good, some will be awesome shredders / builders and maybe one of them will be your hometown badass that makes EWS. So ya know, give em a break.
  • 10 0
 @rnayel: not much beats a dawn patrol, rocking up at the village cafe for coffee and cake as they open at 9.30
  • 23 26
 @wibblywobbly: e bikes are the worst at least with regular bikes new people stay in lower trails and lots of people give up or dont ride as much but now every lazy people can get out and ride
  • 19 0
 Been running into lots and lots of people new to the sport out on the trails. MTB here in the PNW has been on a growth trend for years, with long time riders having families, getting their kids into it, those kids getting their friends into it, and those friends' families getting into it themselves. The pandemic (and all those kids with nothing to do because there are no organized activities/leagues/school sports) has only accelerated that.

Personally, I'm stoked - the world can only be a better place if more people get to shred. Yep, trails are a bit crowded - but that'll lead to more trails being built, more areas being opened up.
  • 12 0
 @wibblywobbly: I'd say it's up to all of us to make sure that the whole crop of helpless new people you refer to get input from experienced riders informing them of the need to participate in trail building and advocacy, teaching them about trail (and trail head) etiquette, and referring them to instruction (so they get to have fun without hurting themselves or others). As in, we can pay forward the guidance we received (or we wish we had received). Seems like a fair ask, no?
  • 3 0
 @wibblywobbly: You make valid points. I look at it from the point of view that more trail users, more people may get bit by the MTB bug and get engaged in trail work. There's also the chance of catching a Walton brother. Literally just the right people with the right money being into MTB was transformative for Bentonville, the same could happen elsewhere, so casting a wide net is good. (rich people probably like ebikes too) As for ebikes, the slight additions to trail users is immaterial. This report is saying the huge growth is in hardtail mountain bikes, so around ~$500, Specialized Rockhoppers. The cheapest emtbs are around $3,500, Fezzari Wire Peak. I know a ton of people with emtbs and they are all hardcore riders who are used to spending multi-thousands on a bike, oh and are engaged in trailwork. Noobs are not buying ebikes except for the road/commuting.
  • 6 0
 @ybsurf: lazy people with about $4k to spend on a bike. Not many of those. Most people spending that money are already mtb riders. This report is talking about people buying bikes under $200 and hardtails (~$500) not YT Decoys.
  • 18 0
 @coletrane-mtb: That's all very well if your riding area can expand. My local trails were ticking along nicely before lockdown. Now, the land managers are pulling down all the features because of increased fear of injury of inexperienced riders, some of them had already been made smaller by people who couldn't ride them. There is also more conflict with hikers and horse riders, we're all competing for the same space and both biker and hiker numbers have exploded. There's more rubbish on the trails and strava lines appearing everywhere. Don't get me wrong, I love all the purpose built riding spots around the UK, but there's not too much close to where I live. When I see all this talk about growing the sport, I think careful what you wish for.
  • 7 0
 @g-42: 100%. More kids we can get off the video game consoles and into the mountains the better.
  • 5 0
 @commental: That's a fair point if your land managers suck and don't preserve mountain bike access. Fortunately, my local land managers do a good job and recently got pretty pissed off that some random people made a trail easier.
  • 27 27
 @noplacelikeloam: OHHH Does it Sadden you???? Make sure we don't hurt anyone's feelings on here. Listen , If you knew where I ride, you would understand. There have been more accidents, injuries, Crashes, People hiking up the Down trails and Hikers getting run over in the past 3 months than I have seen at the same place in the last 10 years. It is a Shit Show at one of the most popular places to ride in So Cal.
And yes I was a newbie at one times 35 years ago, and guess what? I rode where my skill level was and away from others. Its called Self Awareness. Just iike surfing. If you are new to surfing, you don't paddle out at Trestles or Pipe. You start off away from others on a easy less crowded wave and gradually work into the lineup as your skill increases. It's no different here.
Funny thing is , Most of you agree with me, but It's not a PC take and all you pansies get your panties in a bunch when someone speaks a different opinion than yours!!
  • 9 17
flag Three6ty (Jun 17, 2020 at 14:00) (Below Threshold)
 @rnayel: I have been. It is a mess at our local trails with people that have no clue on what they are doing. And Don't get me started on all the new hikers.
  • 9 20
flag Three6ty (Jun 17, 2020 at 14:01) (Below Threshold)
 @fullendurbro: Im 52 , so not many people Im new too. And you would be singing a different tune if these were the trails you helped build and they are getting destroyed.
  • 5 15
flag Three6ty (Jun 17, 2020 at 14:02) (Below Threshold)
 @wibblywobbly: You hit the nail on the head in my situation!!!!
  • 8 3
 @Three6ty: Wait aren't you the guy who carries a bottle of sealant and like half a bike shop's worth of tools on your ride because you only "ride out in the middle of nowhere"?

Educate the people you run into, don't just be the salty socal "local"
  • 5 8
 @NorCalNomad: nope you must have me confused with someone else. Quite the opposite. I carry a tube, CO2, lever, plug and 2 small Hex. and that's it. Nothing else
  • 5 11
flag Three6ty (Jun 17, 2020 at 14:29) (Below Threshold)
 @cuban-b: not edgy at all. Just tell it like it is. Which in this day may be considered Edgy , but I am far from edgy.
  • 9 7
 @ybsurf: I have been riding for 40 years now. Bmx,dh,Enduro,gravel. Now I have all of the above plus an ebike. Chances are I know more about bikes and how to ride them than you. Also, if it's a skill thing, and you happen to ride the same trails as a local, or national champion, does that mean you can't ride because there's a difference between you?
I can't believe non ebikers have that narrow minded attitude and the feeling that you can judge others uisng your lack of information
  • 8 3
 @Three6ty: cannot relate more on the surf comparison you'll be destroy if you get caught in the impact zone or paddle out in the wrong spot or drop in. Bike is the same our trails are getting so dumbed out because "everyone needs to enjoy the trails" it's a skill based system for trails same when you see those stupid snowboarder plowing down the snow on double black. You're not ready you dont go
  • 3 5
 @Three6ty: you're so cool
  • 5 11
flag Three6ty (Jun 17, 2020 at 15:39) (Below Threshold)
 @cuban-b: Thanks!! try it sometime.
  • 1 1
 @g-42: More upvotes needed!!!
  • 13 0
 This surge in high-end buying by new riders is particularly welcome to those of us who circle craigslist, ebay, and the PB classifieds like hungry vultures in search of the lightly used hand me downs of overzealous initiates.
  • 7 11
flag Three6ty (Jun 17, 2020 at 15:51) (Below Threshold)
 @ybsurf: BE careful agreeing with me. The PC police or those who think you should not have a different opinion than theirs, may throw some hate your way!
  • 7 5
 @Three6ty: but how do we be like you? teach us oh great one
  • 4 1
 @ybsurf: so what’s your recommendation? Bitch about it on pinkbike? What about pulling over next time and doing some FRIENDLY educating instead of sourly blasting past people. Most folks are just trying to get into something new and simply don’t know the parameters of which they should be riding within. Mtb and surfing are much more related - there is not often a trail sign explaining difficulty like there is in skiing. So, use your vast experience, give the newbs a “hey how are ya, you might want to start over there” instead of getting all excited and angry over people getting into the sport. We’re the sport ambassadors and need to Sherpa new people into the game in responsible manner. And obviously coming into a situation being arrogant and aggressive is just going to make people defensive.
  • 2 10
flag Three6ty (Jun 17, 2020 at 16:02) (Below Threshold)
 @cuban-b: it can't be taught, oh meek one
  • 1 5
flag Three6ty (Jun 17, 2020 at 16:04) (Below Threshold)
 @snowwcold55: @ybsurf See . that didn't take long..
  • 4 3
 @Three6ty: i'm on your side. keep standing your ground. don't let these 'pansies' tell you what to do. #MEGA
  • 5 4
 @Three6ty: i mean, the balls on all these idiots telling us to be friendly to new riders while in public. how dare they tell us what to do and treat others with respect and dignity.... they can go f*ck themselves, am I right?
  • 5 0
 Wait til they get a flat and find out the shop wants to charge them $50 to fix it. That’ll thin them out real quick.
  • 3 0
 @Three6ty: Cant say I know where you ride and yeah it must suck to have so many accidents. But not all of us ride at our limits. Feck, if we are honest here, Id say most of us on here ride way beyond our limits, relying on our bikes to get us out of stuff from time to time. You think the guys at rampage started out by riding at their limit? No, they threw themselves off of shit to see what they could do. And im glad that is out there. Its not black and white ya know and at the end of the day, even a DH trail isnt your trail to just go DH. There are other people in this world. Some admittedly are complete idiots, but they are there and you gotta ride with em from time to time.
  • 3 5
 @cuban-b: Wow, you have some anger in you!! I hope you dont treat people like that!! And no, don't lump me into your hate.
  • 5 4
 @noplacelikeloam: Im all for progression and pushing yourself. I have no argument with that. The trails I am talking about are not easy trails for newbies and beginners. And the lack of trail knowledge is putting not only them but all of us riders in danger. ( imagine riding down your favorite high speed, technical trail and you turn a corner and you have a group of hikers or bikers walking up the trail) this is where people recently have been seriously injured. both hikers and the bikers riding down. Now lets imagine, cops and paramedics showing up and shutting down the trails , and hey lets throw in that this is county land and so the Rangers come out and shut down the trails because of all the accidents.
And now those trails have been off and on closed because of this.....
Can you see where that would piss off the regulars that always ride there!!!!
And that's just the half of it!!!
  • 6 4
 @Three6ty: ah cmon we're on the same team! so you're telling me you didnt mean it when you said "all you pansies get your panties in a bunch" to everyone here, like just a few posts up? you mis led me - i thought you were tougher than this! let's get back to hating on noobs. STAY OFF OUR TRAILS, NOOBS! sincerely, me and Three6ty.
  • 4 5
 @cuban-b: the only ones that took offense to that (Ie.- You) are the ones who think they are pansies!! hence why you are so offended.
  • 5 3
 @Three6ty: i've been complimenting you this entire time, so i totally didnt take offense to it. in fact, i've been agreeing with you this entire time. i think they're pansies too. cmon man we gotta stick together against these opinion tyrants. we should be allowed to be complete a*sholes without anyone ever calling us out.
  • 3 4
 @cuban-b: You keep trying , but its like a bad joke that you keep trying to make funny.
  • 5 4
 @Three6ty: theres nothing funny about noobs on my trails. they should seek permission from you and i prior to each of their rides so that we can assess their ability to ride that particular trail.
  • 4 5
 @cuban-b: BLAH BLAH BLAH!! and its still not funny. Go ahead and get the last word in.
  • 3 4
 @Three6ty: Where is all this anger coming from? I'm on your side!

Don't get your panties in a bunch.

now THAT's funny HAHAHAHA
  • 3 3
 @Three6ty: dang son, make sure you shout your mouth the next time.
  • 6 3
 @parker2011: In English please! And you're a little late to the party.
  • 5 5
 @parker2011: But hey you got me. maybe I should "Shout" my mouth
  • 2 2
 @Three6ty: just curious - in what language did you read that, if not English? this should be interesting...
  • 1 0
 @rnayel: or ride late, I just got off the most popular trail in the area, two hour ride starting at 6p, only saw a dozen people going up and three on the way down
  • 2 1
 @ybsurf: grr, how dare people ride their bikes.
  • 1 0
 I am trying to get into mountain biking and the on hump I am trying to get over is the shortage of bikes at the bike shop... at least ones that I can afford HA. Anyone have any suggestions on what hardtail to try and purchase in the $5-700 range? And how to get one since no body is carrying any?
  • 2 0
 Who are these people with cash for bikes during a pandemic. My business is on its knees and I havent earned for 2 months...
  • 2 0
 @headshot: I'm a social worker. I'll never make the most money (far, far, far from it), but holy crap, the job security is there. We're essential services/first responders and have been busier than ever. Hopefully business is able start returning to normal and things pick up soon!

As for new riders? Yes, the parking lots are more packed than I've ever seen them. Yes, the trails are busier than ever. Our local trail society also has more members than ever. Having a quick, friendly conversation with newer riders means you can steer them towards trails that are more appropriate for their ability and encourage them to buy a membership. It still blows my mind how many users there are that have no idea there is a trail society that builds, maintains and advocates for our trail network. Most people are stoked to find out and we've definitely seen a rise in memberships. Which means more trails and better maintenance.

At the end of the day, we're all a bunch of adults (or almost adults) riding bicycles. I'm not sure how anyone can actually get angry when you're on a bike, regardless of whether it's in the mountains, skatepark, highway or street in front of your house.
  • 2 0
 @commental: yep have to agree. When lock down kicked off, I thought it was excellent all these people getting into the sport. But its gone crazy, so many people riding, and because most are not very adventurous in hunting out areas they all go to the same place. It's leading to huge conflict as many view the area as a bike park, with little care for others. Been cycling in my local area for 30yrs, never been stopped by a non biking to complain about bikers. Last weekends ride i was stopped by three separate groups of people venting there anger about bikers, who in there perception are flying past them, their children, or pets, or about the rubbish or damage caused. That always happened in a small way but there was more space. Now you queue to get there, queue to park, queue to get a coffee. It's become a victim of its own success. Not saying anyone is wrong, everyone is trying to get out there and enjoy life, but we all need to be mindful of non bikers even of they are grumpy and rude, just nod, smile and do your best to make them think about us more posivetley. Otherwise there is a real danger all the places taken for granted will be shut down. On the plus for me I have ditched those overcrowded places and seeking out old favourites and new trails, getting back into the less popular cross country. Hope it calms down just a little.
  • 3 1
 @diegodom: In the other side of the ocean,we don´t really care what you ride. I ride constantly mixed e-bike non e-bike enduro rides and no one really care about this or that. E-bikers push or wait to other and we come down all together like "normal".
You can take your e-bike to the bikepark or whatever place.
I can´t understand why is so much hate to e-bikes in USA/Canada
  • 3 0
 Every new bike from a legit retailer should go up in price $30 and include a membership to the local trail organization.. Double for ebikes
  • 2 0
 @jsnfschr: it’s called entitlement. People think they can just tell others what to do and the then they get mad when that stranger doesn’t comply. Makes no sense.
  • 3 0
 @Three6ty: LOL Hey just having a little fun here. I feel your pain.
  • 1 1
 @parker2011: All good Brother..
  • 1 0
 @commental: Yep, absolutely correct. So many more people out there but I think it will level out, after a while they’ll go back to their malls. ????
  • 1 1
 @Discos: oh, the trails will be cleared soon alright - right after we rid those damn n00bs off my publicly available trails! they dont belong there and dont deserve to ride my publicly available trails. Noobs cannot use publicly available trails until they get really really REALLY good at mountain biking. instead of being friendly and showing them the ropes, i'm going to shame them with an eloquent and educated 'this is my wave' locals speech that i have been practicing for this exact moment. what portion of 'publicly available' do they not understand? ugh who else is tired of this PC crap!?!
  • 55 0
 Dick's Begins Recovery After Tough Q1 - that's our boy dick pound for ya
  • 14 1
 The man, the myth, the legend... DICK POUND OH YEAH
  • 47 2
 They're buying bikes like toilet paper
  • 10 4
 They're making bikes out of toilet paper? My God, no wonder the shelves are bare at the supers!
What next!?
  • 6 1
 @RayDolor: Probably still stronger than carbon.



Psych! carbon is superior to diamonds
  • 14 0
 @stumphumper92: Not to be a Dwight Schrute here but diamonds ARE carbon
  • 3 0
 @Gibbsatron: ....You rang?
  • 6 0
 Technically toilet paper and carbon are both carbon based fibers...
  • 39 0
 Sales will plummet in the UK once the pubs open again Beer
  • 6 0
 Yup, then there will be bargains galore as used prices plummet
  • 21 0
 Might be a lot of great deals in the used market in a year or two... Hate to say it
  • 2 0
 That is my hope. A barely used bike in a couple years at half of retail or so. Just put some money into maintenance on my current rig. Saw a unused 2 year old frame I might have been interested in at a discount but the shop wanted full price still so I will wait.
  • 2 0
 That's what I'm hoping for. Local used bike market has also been going crazy, seeing clapped out old bikes sell for ridiculous prices. Hopefully there will be deals to be had when life goes back to normal.
  • 1 0
 Yup, once they find out how much shops charge for repairs.
  • 2 0
 @CaMKii: I dunno I worry people who don't understand the industry will fall into the i only rode it a few times, it's practically new, let me drop the price by $300 from what I paid group...
  • 17 1
 www.change.org/p/orange-county-government-save-laguna-canyon-trails

The government in SoCal is on a mission to destroy some of the most legendary mtb trails in the world. Sign the petition and help us save our trails!!
  • 32 4
 Man California is a beautiful state, run by a bunch of asshats.
  • 8 0
 Sounds right on par for CA.
  • 6 0
 @bman33: Real Estate Lobby is no joke in Cali.
  • 2 0
 That is significant. Laguna is really the only park in that area to really ride. Everyone in that area rides there.
  • 12 0
 @bman33: California would have been rad to live in like 50 years ago. Still affordable, beautiful, ran somewhat well. Now you have to be a millionaire to live in a reasonable house and you have to deal with other millionaires who act like NIMBYs.
  • 10 1
 @bman33: The problem is all the people voting in those asshats.
  • 8 0
 @HB208: Agreed. It fostered so many movements progression like surfing, skateboarding, BMX, Hot Rods, individualism, laid back cool etc. Now it seems California is against the very attitude and mindset that made it great not to mention the cost. Sad for sure.
  • 1 0
 Done
  • 9 1
 Even though people love to hate on CA there are few places that are as equally awesome to live in than CA in America.
  • 2 0
 @NorCalNomad: Padiddlyboing, Idaho?
  • 9 0
 @NorCalNomad: I don't thing many of us 'hate' on California itself. It's the legislation and overbearing restrictiveness that keeps creeping into every activity one wants to enjoy in CA that people hate on.
  • 3 4
 @mstrempke Don't blame the government. Everyone can take some blame here but mostly it is the developers that get to build on any open piece of land and don't have to do anything about all the other things people need for a life outside of a house. Roads, Water, Power and RECREATION. Money talks and people do a lot of bitching but those same people are never at dig days and are not supporting IMBA and their local club. Developers are getting your elected officials blow jobs, cocaine and weekend getaways in paris. What did we get them? Voted out of office would be the next best step. Good luck. That trail system is super crowded now and the writing was on the wall for MTBers when they paved over the trails near whiting and oakley. There is not enough open space for all the damn houses they keep building. All the riders have nowhere to go and many of them don't understand the etiquette. Land managers are woefully underfunded so the easiest way to handle issues is to ban groups. We make it easy for everyone to hate us. Look at these comments we hate on each other and do their work for them.
Unless we get together and become a serious lobby we can piss here on Pinkbike while our bikes rust. PS Laguna sucks anyway. LOL #sorrynotsorry.
  • 5 1
 @Cyberhatter: You have great points with the exception of one, IMBA. They won't get any more of my money and pretty sure most here on Pinkbike at least agree they are at the forefront of sanitized trail building, do not fight the good fight for trail access where it is needed and truly lost the "Mountain" in IMBA.
  • 2 3
 @bman33: I hear a lot of hate for IMBA but most of it is based on a real lack of understanding of the lobby landscape. They represent their members which is not you because you are not a member. There is no other national lobby of matter and that is the only way things get done. I think it is important to support your local club and the national one. IMBA has made lots and lots of miles of great trails. They are a mirror held up to their membership. Being from Boulder and having worked with and ridden with many employees as well as know the hate is misplaced. That whole Wilderness Area thing was so wrongheaded. When someone else has a lobby of matter maybe I will change to that one but politicians work with numbers of voters who are ENGAGED. IMBA is pretty much the only option now. Join be vocal. Change it. Hate it and enjoy the condos on Laguna and every other trail.
  • 3 0
 @NorCalNomad: CA is an awesome place but I wished less people were leaving it and moving to Utah.
  • 1 0
 “Legendary.”
  • 5 0
 @Cyberhatter: I was a member for 8 years. Local/regional is better and there are multiple organizations and individuals proving it on a daily basis. I worked with them on a few trail day projects in the Southeast and although I never worked with them directly in Colorado, I lived in Denver for close to 11 years (just moved away last week) and know several people who worked with them and here the stories of their 'one size fits all' trail building and maintenance approach. As far as the Wilderness Area topic, labeling it 'wrongheaded' is just that, wrongheaded. In addition, the 'we are the only game in town' attitude is another shining example of the arrogance that permeates the organization. Great reason many trail advocacy/trail building groups and promoters are distancing themselves from IMBA and not renewing their support terms once expired. I am sure there are numerous great folks associated with IMBA. However, as a whole, I prefer local/regional approach. As for Laguna, I live thousands of miles away and I see IMBA hasn't done much there to prevent those condos. I stand by my opinion of them. If they represent you MTB values, by all means continue your support. Rubber side down folks
  • 3 0
 LOVE living in California Big Grin
  • 2 4
 @bman33: Arrogant is pissing and moaning about the situation and hating on the one group doing something. You may not like it but what are you doing? Your single voice and your pinkbike posts don't help. Basically in the Coke versus Pepsi state of politics in the US you are on the side of mining and the petroleum industry. That is arrogance. IMBA or your local group would welcome your input and help. The people who don't want MTB trails welcome your hate. That is arrogance.
  • 4 1
 @Cyberhatter: Ahh, so because I don't support IMBA, I am somehow polluting? I still participate in dig days at local trails, donated a decent amount of $$ to four different trail advocacy groups last year (non-IMBA)and just joined the local Slaughter Pen and Coler trail groups here in Bentonville where I recently moved. Any other wildly unsubstantiated accusations you care to volley my way with your keyboard courage? Maybe insult my mother? Do I punch babies and kick puppies? I don't watch and am not a member of a tennis league. Am I anti tennis? Do I wish ill will on all tennis players? What a smug ass comment you just posted there. I NEVER insulted you in any way and to add, I even wished you well if you chose to support IMBA.

You again are further proving the IMBA stereotype correct..smug, arrogant 'we are the ONLY game in town' elitism. Glad the Pinkbike community can view this comment thread to prove that unless they support IMBA, they must be dumping oil onto their local trails or digging up everything to mine coal. Let me know if I got that correct and let everyone else here know that NONE of their trail advocacy work and/or trail dig days matter unless it's directly supporting IMBA.

Clown...
  • 2 3
 @Cyberhatter: Dude, no point arguing with jealous haters Smile . We live here and love it. Leave it at that. People can think what they want without us ever skipping a beat. They continue their hatred of something random while we continue living our lives here is this great weather Big Grin
  • 2 1
 @cuban-b: Totally happy where I am, great trails, great people as in California. IMBA is what Cyberhatter is insinuating we all must be a part of or be the problem. I have 20+ friends and family in Cali and visit often. Just left Colorado after 11 years, great weather and riding, and now in another new (to me) great riding area in Bentonville and totally happy. No hate /jealousy at all towards Californians, just d-bag smugness form Cyberhatter. Seems he is the one all into personal insults and looking down on others for daring to have a different view. Check the thread man.

PS, hope are still shredding your Black Market MOB. Rubber side down folks
  • 2 1
 @bman33: no hate for you hear dude. bentonville is dope and legit in terms of trail stewardship. just injecting commentary here. lots of emotions. we're here to express our shared love for MTB. i AM jealous that you got to live in Colorado though!
  • 2 1
 @cuban-b: Why did you say "no hate for you hear dude." when you previous statement said "Dude, no point arguing with jealous haters" Wink
  • 2 0
 @tacklingdummy: cuz i do not hate bman33 - he's a longtime contributing member of pinkbike which i respect. i just meant in general Wink . like in life. not directed at anyone specifically. now if i had said, "dont argue with [insert username here] because that person is a jealous hater," then that would be considered directed specifically at someone. Big Grin
  • 12 0
 If you have been thinking about buying a new bike this Summer don't wait. You may not be able to get another chance at a new one for 12 months or longer. Supply chain delays are a real thing. If your shop has the bike you want right now chances are it won't be there in a couple of weeks. Even getting service on your bike is going to be a challenge this Summer with big delays and backlogs from parts makers.
  • 4 0
 Lol if your shop has a bike you want.... you better get it now. If it’s not bolted to the floor or in someone’s hands that bike is for sale and it won’t last at my shop
  • 4 0
 My preferred shop said they can't get bikes under $1500 at all anymore and delays on getting other things is crazy. Supply chain issues for sure, all the way back to manufacturers. Crazy times.
  • 2 0
 I walked through one of the most popular shops in Boise yesterday and there were like 30 bikes left when they normally stock like 400.
  • 1 0
 @Hardtailhooligan: Same story with the shop around the corner from my house. No inventory, basically everything they get in is spoken for and their entire sales floor is piled up with bikes in for service. It’s absolutely bonkers.
  • 2 0
 it's true man, QBP just can't keep items in stock and there's delays on all orders. If ya need something and are on the fence, get it before it's gone haha
  • 2 0
 @maxyedor: the shop I’m a tech at normally holds like 3,000 bikes including our warehouse (we’re big lol) and we have like 50 bikes in store right now. We’re starting to get a few in here and there, like we got a big shipment from kink but Trek and Specialized are so far behind we see 30 bikes here 15 there etc etc. I don’t even want to talk about the amount of bikes we have to repair or tune up right now, last I counted we have like 250+ bikes just waiting. It’s a great problem to have but holy cow I feel bad seeing the look on people’s faces when we tell them it’ll be 2+ weeks before we can fix their bike lol
  • 1 0
 @Hardtailhooligan: I'm guessing that the shops like your's aren't getting the YT's serviced inside of a month.
  • 1 0
 @spencerbrawn: I have a feeling that manufacturers terminated some orders for lower end bikes since they know they won't be able to ship them until oct-nov so they decided to already start making 2021 models to put them out earlier than before. Also it's almost the end of season for buying bikes and after mid may you were always buying what was on shop floor (at least here).
  • 1 0
 From what I can see on the forums and Facebook there’s not much left in medium and large for under $3,000 across the Maritimes.

Next thing they’ll be asking people to only ride rail trails to flatten the injury curve.
  • 1 0
 @islander: I mean 2 and a half weeks is less than a month, but I’m sure it would feel like a year to go without your bike that long. It’s pretty crazy to see how busy we are lol
  • 11 1
 good to hear about dick’s. All the dick’s I saw were in pretty sad condition.
  • 6 0
 Hard Pass on the dicks jokes...wait...what?
  • 1 0
 Copped a pounding I believe
  • 11 1
 Funny (but not really) that the helmet sales aren't quite matching the bike sales.
  • 4 0
 Based on what I see on the paths and trails, that checks out. Even little kids aren’t wearing helmets. Time to find a company working on TBI treatment to invest in...
  • 5 0
 N+1 bikes, N-1 helmets.
  • 6 0
 I am seeing a lot of people on beginner ish MTB's on the trail lately, protected by a hat facing backwards.
  • 15 5
 Wait until these new riders find out their $300 eagle cassettes are worn out after a season of riding.
  • 6 1
 precisely why I prefer shimano, half the price and works just as good lol
  • 1 0
 I'm with you, but SRAM still dominates the OEM this year.
  • 2 0
 @racerfacer: only in North America, the rest of the world is Shimano's
  • 1 0
 @Verbl-Kint: There's hardly any Shimano on bikes in Europe.. SRAM SX and NX on everything cheap, GX vs XT is 70/30 and the same for XX1/X01 vs XTR. Maybe some Shimano on super cheap bikes with 1x10 and 1x11 groups..
  • 6 0
 From personal experience, I tried to sell a used bike a year ago. No interest so I gave it to my mom. Now a year later I posted it and had ten instant responses and had it sold in less than 48 hours. Pretty excited that a 14 year old kid is now riding my old bike and I told him he could ask me for any tips as he gets riding. I hope he sticks with it.
  • 7 0
 If you had asked me a year ago what three products would be sold out everywhere in major pandemic, I would not have guessed TP, Bikes and trampolines but here we are.
  • 3 0
 As always, a related XKCD comic: xkcd.com/2302
  • 2 0
 Don't forget sour dough starter and gardening supplies
  • 5 0
 my local trails, the ones very close to the metro area that I live in, are now pretty much "mobbed" weekday evenings with what I can only assume are new riders. I'm seeing people on $4k bikes that have no idea what they are doing and i see just as many on walmart bikes. I am witnessing complete lack of trail etiquette, i've seen people on trails that are WAY over their heads. I've tried to give out some helping words. of advice Some seem open & appreciative others not. WHen the shops sell mtn bikes they really should give an "into to trail riding" lesson. On the weekends i venture farther out away from the city for my rides and continue to see only the hardcore riders at these trails. While I hope some of these new riders take the time to learn appreciate and love this sport, ... Like someone else here mentioned, when many of these new riders realize that trail riding IS SERIOUS WORK at times, I suspect there will be lots of nice bikes on the used market.
`
  • 1 0
 The problem is that in densely populated countries in europe this trend currently leads to trail closures left and right.
  • 4 0
 I don't want to be a debbie downer here, but the stock market as a whole is looking massively overinflated right now. The bubble will burst as federal economic stimulus wears off and the US is stuck with the reality of millions of unemployed citizens.
  • 2 0
 At least they’ll have bikes now.
  • 7 0
 Now if I could only find a Sentinel in stock
  • 3 1
 They are, just called Norco and they have Sights in stock, you can even pick your wheel size Wink
  • 6 0
 Don't buy high. Seriously, who needs all that Dunkin Donut and Little Debbie stock?
  • 8 0
 I love Dick's
  • 6 0
 Well, just wait 6 months for the next headline: "Bike companies stocks plummet after COVID recovery."
  • 7 0
 Imagine buying a stationary bike
  • 2 0
 COVID was good for the bike industry here in the north east. It was one of the few activities not prohibited during the stay at home order, and people I would have never expected having an interest in riding were buying bikes. I'm interested in seeing how many stick with it or advance their riding.
  • 7 3
 Don’t forget “Trust” went out of business and blamed it all on COVID. Strange how sales for most are up and they couldn’t make it a week.....
  • 7 1
 That had more to do with supply chain then anything else. If your materials come from a locked down country and you're already financially leveraged to the hilt, this is unfortunately the expected outcome. At least that was my understanding of the situation from hearing JKW explain it.
  • 3 0
 @grnmachine02:

Absolutely, they were going down regardless. Virus just hit the FF button and they decided to write a make a press release blaming it all on COVID.
  • 3 1
 This is nothing more then a sign of good old fashions retail therapy. This is a classic example of people being at home with nothing to do and not spending $40 a bucks a day on food and starbucks at or before work, instead just wanting to go shopping in a mall or retail store. This is like manufactures of masks thinking of the growth in the future and how many people will want them in 2 to 3 years if this trend continues. Do not get too excited as a investor or a LBS or website. With very few options to spend money on many people invested in getting out of the house for the first time ( with free government money by the way in the US) . I am willing to bet less than 10% of the growth you see will continue into Q1 of next year. This is a artificial bump based on time (pandemic with everything else closed) and Circumstance (free couple of grand in his pocket and dad bod wanting to go ride around with his kids or just get out the house) instead of people getting into the sport. It was one of a few of the allowed to do outside activities. Even Amazons stock went up 24% (in the billions of dollars mind you) with people not being able to go out shopping, instead it was just done online. Spin it however you want for the narrative you need to push, but bike sales spikes in a pandemic are nothing more then people that were careless with money before and giving it to bars and restaurants, clothing places, cars, toys, ( all of which have been closed except for service and internet sales) before are now giving it temporally to a " allowed" outdoor activity. If it continues as things open up call me out for being wrong, but I would bet the money to feed my kids it wont.
  • 2 0
 There have never been so many helmet-free hybrid riders on my local MTB trails, it's crazy. I can't say I want them all to stay forever or we'll have to ride exclusively at night. The hikers, "runners" and dog walkers were packing the place already!
  • 2 0
 I am thankful and happy to see bike sales up in these crazy times. When I started to mtn bike in the early 80's there wasn't very many other riders around and all of us were newbie's and as we created freeride throughout the years I was always grateful to meet and ride with new riders from all around the world that were appreciating the sport. I've seen people come and go from mtb and I've seen various different action sports rise and fall and rise again in popularity. We are lucky to have mtb become more popular and bring fresh blood and revenue into our sport to not only sustain the business side of things (with bonuses like unrelenting R&D for better and better technology in bikes) but to also promote a healthy, fun, outdoorsy lifestyle with more people in the world. I love meeting and riding with people but if I need to unplug and go for a ride in the wilderness alone, and the area I choose to ride is packed with lots of humans I either go ride something so gnarly that there's not many people there, or I dig deep in the files and hit something old, secret or forgotten, or get waaaaay out there if there is time, or simply grab my Niterider lights and shred after sunset when you almost always have the trails all to yourself. There's always a way. Viva MTB!!
  • 1 0
 Viva Tippie!!
  • 2 1
 Specialized is buying a lot of tawainese suppliers during this tome because Taiwan was forced to close off some stuff because they didn’t have money now watch when other companies can’t get a bike to you for at least 6 months to a year and specialize bikes will be at your fingertips that people is a smart ass buying lol
  • 1 0
 Yeah... Can't say I'm a fan of Dick's right now. They seem to be price gouging bikes to capitalize off the surge in demand. Selling a lot of last year's models at next year's prices. Your friendly LBS will have MUCH better deals.
  • 1 0
 GF is an ultra runner who decided to start riding a bike for cross training. Trying to buy an entry bike has been hell. Classifieds are full of used beginner bikes AT full MSRP, and disappearing in hours. Saw a bike listed for $385, it was $400 new 5 years ago, sold in an hour.

If you have a bike to sell, now is the time.
  • 1 0
 Stopped into my LBS, where I worked as a mech for several years. Talked to the manager, and they said they destroyed their previous records, with sales about double what's typical. There weren't many bikes on the shelves (and this is a big shop, about 7k sq ft, I'm guessing), it's great to see. It's great news for the bike industry- even if only 10% of the new customers "stick around" with bikes, that'll still be a revenue stream that wouldn't have otherwise existed. That, and with more riders, comes the possibility of more public funds to improve the biking experience in the city.
  • 5 0
 “Buycycles”
  • 2 2
 I just hope ebikes have a similar impact that motocross used to have. Dirtbikes been kicked off trails they laid for years, and as much as i hate getinng off trail to let them through up or down, a motorbike makes a hell of a badass trail. Too crowded? Go 2 miles back. Population drops 90% still to crowded? Pick a mountain and hike a bike the sob. Like skiing, you can escape the goon squad by going further and riding much more challenging terrain. None of that terrain in your area? Maybe take up golf. My heart goes out to you...
  • 4 0
 More potential Friday Fails content can only be a good thing.
  • 2 0
 I feel for those who need to decide how much to manufacture or order for 2021. Numbers are up, but it doesn't mean that they will stay up!
  • 2 0
 Makes sense. Called 16 shops this week before finding the bike I want. Everyone said they're slammed with orders.
  • 4 0
 Bike shops can't keep up and supply on just about everything is down because everyone is buying and many of the companies that actually make the stuff had/are having production issues due to covid and reduced staffing.
  • 11 10
 Profits up. Stocks are up. Layoffs up. All those board members better line those pockets while they can.
  • 9 3
 Except layoffs in the bike industry aren’t up, are they?
  • 2 0
 There are great deals to be had this time next year, when 50+% of the people who just spent $3-5K on a bike are dumping them because they never ride them anymore.
  • 2 0
 @sdurant12: I know as part of a downsizing, Dakine closed their Oregon HQ and moved to southern California. I believe Specialized laid off a few people early on as well, not sure if those people were later rehired.
  • 4 1
 @sjma: Except that Dakine probably was planning on moving before COVID. It's not like a Company is like "oh shit, massive pandemic. Better make everyone move 1000 miles away to a more expensive area."
  • 1 1
 Hindsight is 2020. Don't forget that things looked straight up apocalyptic until at least early April. We're also officially in a recession - there's no knowing what the rest of the year will look like and with inventory already at critically low levels we could be in for an equally rough off-season. Objectively, layoffs suck but they're also necessary in the economic system we've built. I'm not a fan of the dog-eat-dog-capitalism we have here in the States either but I'm sure all those people who didn't lose their jobs are feeling much more secure knowing their companies are more financially secure going into god-knows-what over the next 18 months.
  • 2 2
 Maybe in some select cases, but overall layoffs are not up. In fact, some brands and shops are hiring extra help.
  • 1 0
 @HB208: you're definitely right that the plan was probably in play before COVID, but I remember reading (on this site? not sure) that the ~35 people in Oregon were not replaced, which sucks but that's business
  • 2 0
 Let's see...$2.2 trillion...that's 338,461,538 Evil Following XTs at $6500 a pop. Where did the extra Evils go?
  • 1 0
 Well now I understand why its been so hard to find a budget hard tail frame!
  • 1 0
 "The biggest growth was noted in lifestyle/leisure bikes under $200"

What? 200 box for a complete bike?
  • 3 0
 Walmart and department store bikes. Went to Walmart Sunday and there was not a single bike shaped object in the store. Totally cleaned out.
  • 2 0
 Second hand market will be buyers wet dream in a few months time.
  • 1 0
 Free stimulus cheques and large unemployment numbers = more people riding bikes
  • 2 0
 Sweet, this means they're gonna drop prices right?
  • 1 0
  ❤️
  • 1 0
 Good news

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