Giant agrees to sell kids and mountain bikes at Dick's-owned specialty stores
#1
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Giant agrees to sell kids and mountain bikes at Dick's-owned specialty stores
https://bicycleretailer.com/industry...ecialty-stores
From the press release:
Giant said Dick's has pursued the brand for five years and emphasized it remains "100%" committed to retailers. Giant said its bikes most likely will be available online from those stores' online sites.
We are taking this action to attract non-riders and crossover athletes to see bikes that aren't typically visiting independent bicycle dealers.
100% committed to retailers, yet opening up another revenue stream for Giant that effectively bypasses the dealer network?
Giant says they're going after customers that wouldn't necessarily visit a traditional LBS. But if it's online, we're just talking about which website is being visited, not which brick-and-mortar store is being visited.
Sounds like a thin ploy to gain market share at the cost of the existing dealer network. I don't see how a small / independent shop could compete with the likes of a Dick's-owned specialty retailer.
From the press release:
Giant said Dick's has pursued the brand for five years and emphasized it remains "100%" committed to retailers. Giant said its bikes most likely will be available online from those stores' online sites.
We are taking this action to attract non-riders and crossover athletes to see bikes that aren't typically visiting independent bicycle dealers.
100% committed to retailers, yet opening up another revenue stream for Giant that effectively bypasses the dealer network?
Giant says they're going after customers that wouldn't necessarily visit a traditional LBS. But if it's online, we're just talking about which website is being visited, not which brick-and-mortar store is being visited.
Sounds like a thin ploy to gain market share at the cost of the existing dealer network. I don't see how a small / independent shop could compete with the likes of a Dick's-owned specialty retailer.
#2
What a Dick’s move. See what I did there?
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#4
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Following Trek, and Cannondale, not surprised.
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#5
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This reminds me of the film industry, where theaters have movies exclusively for a period of time before the films are sent off to wider distribution.
However, as much as the bike shops might complain, this might actually be good for them. Look up Cabella's. They sell hunting/fishing type stuff on a scale bigger than Dick's by opening massive stores in the middle of nowhere. The more people Cabella's gets into outdoor sports, the more it helps the various local specialty shops.
However, as much as the bike shops might complain, this might actually be good for them. Look up Cabella's. They sell hunting/fishing type stuff on a scale bigger than Dick's by opening massive stores in the middle of nowhere. The more people Cabella's gets into outdoor sports, the more it helps the various local specialty shops.
#6
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This reminds me of the film industry, where theaters have movies exclusively for a period of time before the films are sent off to wider distribution.
However, as much as the bike shops might complain, this might actually be good for them. Look up Cabella's. They sell hunting/fishing type stuff on a scale bigger than Dick's by opening massive stores in the middle of nowhere. The more people Cabella's gets into outdoor sports, the more it helps the various local specialty shops.
However, as much as the bike shops might complain, this might actually be good for them. Look up Cabella's. They sell hunting/fishing type stuff on a scale bigger than Dick's by opening massive stores in the middle of nowhere. The more people Cabella's gets into outdoor sports, the more it helps the various local specialty shops.
As for this bike news, there aren't any Public Lands stores within 1000 miles of here, so this Giant deal won't affect me for a while.
Nope I lied, it's only 995 miles to Public Lands in Medford, OR
#7
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I wonder how Pon feels about this. They've pretty much been "THE" bike supplier for DSG for quite a while.
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#9
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Taiwanese bicycling mega-brand Giant Group reported a significant drop in year-over-year sales for 2023.
With 2023 sales of NT$76.95 billion in 2023—or about $2.43 billion USD at the time of this writing—Giant Group was down 16.4 percent from the full-year sales totals of 2022. The company reports its earnings in its local currency, Taiwan New Dollars.
The group suffered a dismal fourth quarter, with a massive November 2023 sales drop-off of 28.1 percent. December rebounded slightly, with a drop-off of nearly 26 percent from the previous year. Overall, the group saw an overall decline of 39.9 percent in the year’s fourth quarter from 2022, owing in large part to a reduction in orders from OEM customers.
https://www.bicycling.com/news/a4644...hould-rebound/
With 2023 sales of NT$76.95 billion in 2023—or about $2.43 billion USD at the time of this writing—Giant Group was down 16.4 percent from the full-year sales totals of 2022. The company reports its earnings in its local currency, Taiwan New Dollars.
The group suffered a dismal fourth quarter, with a massive November 2023 sales drop-off of 28.1 percent. December rebounded slightly, with a drop-off of nearly 26 percent from the previous year. Overall, the group saw an overall decline of 39.9 percent in the year’s fourth quarter from 2022, owing in large part to a reduction in orders from OEM customers.
https://www.bicycling.com/news/a4644...hould-rebound/
#10
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Inevitable, it's a business after all.
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Giant hasn't been committed to IBDs in a long time, I think pretty all the shops in my area have either dropped them or gotten dropped by Giant. Nobody wants their crap anyway. The stuff they make fro everyone else fine stuff but their own products aren't really that great except on the higher end and even that isn't going to be as good as Specialized or Cannondale or Trek. However like most major manufacturers they are going to keep going the route of big fat middle finger to all of their dealers while claiming to still support them.
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Around Xmas time I got a couple of Black Diamond headlamps for about 1/2 of any place that was selling them. They also have/had Balega? socks for $6.99 a pair.
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Giant agrees to sell kids and mountain bikes at Dick's-owned specialty stores
I am all for selling mountain bikes but I don't think Dick's or Giant should be selling kids before they reach their majority.
I am all for selling mountain bikes but I don't think Dick's or Giant should be selling kids before they reach their majority.
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#16
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So according to the title, they're selling kids?
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#17
Their higher end bikes are every bit as good as all the other competing brands. Similarly their lower end bikes are no worse than lower end Trek, Specialized etc. They just lack a bit of brand kudos, that’s all.
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#19
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Luckily, there are a number of good bike shops around here. I do almost all of my own work, but would not hesitate to go to the most of the bike shops if I didn't. Don't know that I would care to go to a general sporting goods store if I needed work done. They might have a good mechanic, but my confidence resides with a dedicated bike shop. Might be good for areas not lucky enough to have a bike shop nearby I guess.
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They do lack brand kudos but they also make a product that isn't quite as good the higher end is better in comparison especially these days but the low end is still quite low.
#23
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For the Local Bike Shops, it boils down to service. Emphasis is to sell the service and secondarily the bike.
Other thing is the e-bike. The Local Bike Shops are going to be there when the batteries and stuff stop working.
Other thing is the e-bike. The Local Bike Shops are going to be there when the batteries and stuff stop working.
#24
The low end is worse. Having sold similar bikes with similar specs at the same time in similar enough quantities the Giant bikes were brought in 2:1 over other stuff and we were mostly dealing Specialized. I remember their higher to mid range stuff having the goofiest stem containing hydraulic fluid so instead of using full cables or going for the early but existing Shimano hydro STI levers they did something on their own which was quite silly and unneeded. Yes I will grant that every brand does silly stuff but usually in regards to comfort and some sort of Cush or mush to make it better.
They do lack brand kudos but they also make a product that isn't quite as good the higher end is better in comparison especially these days but the low end is still quite low.
They do lack brand kudos but they also make a product that isn't quite as good the higher end is better in comparison especially these days but the low end is still quite low.
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#25
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I can imagine this might blip indie stores sales of these products but it doesn't take long to figure out you need quality service, not just a paypal transaction, for bikes.