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my experience is that there was a boom in the buying about 2/3 years ago, a lot of people wont spend money until the bike goes wrong, the amount of folk that would come in the shop pissed off that they had to spend £100-£200 on maintenance after 2/3 years of commuting.
Most commuters are not going everyday so that influx of repairing and maintenance money isnt necessarily coming in, could that be a reason?
Manson7am
These are key takeaways for me.
LBK, SeaBass, CyclePS, SBC, HubVelo are strong young independent brands if they sustain.
I am guessing all local shops have abandoned sales (due to online) and focussed on service already.
How do you (not you specifically) explain the growth in general commuter cycling yet closing down of shops? Low spenders?
Also, I have made some panic purchases in Condor too, they tend to stock the most obscure stuff in London.