The rising price of cycling — why are bikes more expensive and how is the industry coping?

  • 📰 roadcc
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The rising price of cycling — why are bikes more expensive and how is the industry coping? Inflation, Brexit + post-pandemic problems discussed on the roadcc podcast cycling

looked at how the price of bikes and other cycling-related products have risen sharply in recent years, outstripping the rate of inflation. Plenty of discussion ensued in the comments beneath the article –prompting us to take a closer look at the subject in the latest episode of the road.cc podcast.Host George, as well as Jamie, who penned the original piece, are joined for the episode by Colin Williams of FLi distribution, who talk through the issues involved from an industry point of view.

And many of those issues are ones over which businesses operating in the sector have absolutely no control – for example, the disruption to the supply chain and manufacturing brought about by the coronavirus pandemic, which also resulted in a huge surge in the price, worldwide, of shipping containers, forcing costs to soar.

That may seem counter-intuitive to many people, given the role of the Far East as the powerhouse of global bicycle manufacturing.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 21. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US stocks tick upwards as core inflation edges higher\n\t\t\tExpert insights, analysis and smart data help you cut through the noise to spot trends,\n\t\t\trisks and opportunities.\n\t\t\n\t\tJoin over 300,000 Finance professionals who already subscribe to the FT.
Source: ftenergy - 🏆 47. / 63 Read more »