Numlock News: August 5, 2020 • Lava Oceans, Beetles, Bikes
www.numlock.com
By Walt Hickey Bikes In April, U.S. bicycle sales hit $1 billion, which was up 75 percent year over year. Sales of bikes that were retailing for less than $200 were up over 200 percent, kids’ bikes were up 107 percent and mountain bikes were up 150 percent. The construction of a bike can incorporate parts from up to 50 different suppliers, and from parts to retail it can take 120 days for a bike to get to market. All told, the U.S. bike market — normally $6 billion per year — is in a sprint to get supply to consumers who are avoiding other transportation options or just looking to stretch out their legs. Sure, it’s hard getting a bike, but not as hard as it was back in
Numlock News: August 5, 2020 • Lava Oceans, Beetles, Bikes
Numlock News: August 5, 2020 • Lava Oceans…
Numlock News: August 5, 2020 • Lava Oceans, Beetles, Bikes
By Walt Hickey Bikes In April, U.S. bicycle sales hit $1 billion, which was up 75 percent year over year. Sales of bikes that were retailing for less than $200 were up over 200 percent, kids’ bikes were up 107 percent and mountain bikes were up 150 percent. The construction of a bike can incorporate parts from up to 50 different suppliers, and from parts to retail it can take 120 days for a bike to get to market. All told, the U.S. bike market — normally $6 billion per year — is in a sprint to get supply to consumers who are avoiding other transportation options or just looking to stretch out their legs. Sure, it’s hard getting a bike, but not as hard as it was back in