London bike shops closing

You are reading a single comment by @edscoble and its replies. Click here to read the full conversation.

•

Clockwise in reply to @ItsHuddo

I feel that. For instance even Balfe's made a profit of £8k last year, whilst taking a £2m loan from Trek, they are just hoovering up business off other shops, and making money for Trek, getting ready to go bankrupt and become a chain of Trek stores.

They could buy the Evans name off sports direct.

•

edscoble in reply to @Clockwise

I’ll tell you that much; no way they can afford this, best is to take over Evans’s old location (like Fulham, Waterloo etc.).

•

Clockwise in reply to @edscoble

Swap/sell the non-Evans stores to fund it?
•

Jameo in reply to @edscoble

I’m also unsure that they’d want the brand. Do any ordinary punters genuinely see Evans as a quality bike brand? Or even cares? Not sure there’s value beyond the history.

About

Avatar for edscoble @edscoble started