Mavic in Trouble?
05-08-20, 03:30 PM
#1
Senior Member
Thread Starter
Join Date: Aug 2006
Location: Portland OR
Posts: 7,639
Bikes: 61 Bianchi Specialissima 71 Peugeot G50 7? P'geot PX10 74 Raleigh GranSport 75 P'geot UO8 78? Raleigh Team Pro 82 P'geot PSV 86 P'geot PX 91 Bridgestone MB0 92 B'stone XO1 97 Rans VRex 92 Cannondale R1000 94 B'stone MB5 97 Vitus 997
Mentioned: 146 Post(s)
Tagged: 0 Thread(s)
Quoted: 392 Post(s)
Likes: 0
Liked 49 Times
in
31 Posts
Mavic in Trouble?
Mavic in receivership :-(
05-08-20, 04:04 PM
#3
aka Tom Reingold
Join Date: Jan 2009
Location: New York, NY, and High Falls, NY, USA
Posts: 40,498
Bikes: 1962 Rudge Sports, 1971 Raleigh Super Course, 1971 Raleigh Pro Track, 1974 Raleigh International, 1975 Viscount Fixie, 1982 McLean, 1996 Lemond (Ti), 2002 Burley Zydeco tandem
Mentioned: 511 Post(s)
Tagged: 0 Thread(s)
Quoted: 7345 Post(s)
Liked 2,452 Times
in
1,430 Posts
That's scary. They've been making superior products for a long time. I hope it works out.
__________________
Tom Reingold, tom@noglider.com
New York City and High Falls, NY
Blogs: The Experienced Cyclist; noglider's ride blog
“When man invented the bicycle he reached the peak of his attainments.” — Elizabeth West, US author
Please email me rather than PM'ing me. Thanks.
Tom Reingold, tom@noglider.com
New York City and High Falls, NY
Blogs: The Experienced Cyclist; noglider's ride blog
“When man invented the bicycle he reached the peak of his attainments.” — Elizabeth West, US author
Please email me rather than PM'ing me. Thanks.
05-08-20, 07:41 PM
#5
Bianchi Goddess
Join Date: Apr 2009
Location: Shady Pines Retirement Fort Wayne, In
Posts: 27,845
Bikes: Too many to list here check my signature.
Mentioned: 192 Post(s)
Tagged: 2 Thread(s)
Quoted: 2925 Post(s)
Liked 2,921 Times
in
1,489 Posts
Is it just general financial troubles or is it related to Coronavirus?
J Crew filed for chapter 11 the other day, but they were on the edge before all this. Neiman Marcus filed too.
J Crew filed for chapter 11 the other day, but they were on the edge before all this. Neiman Marcus filed too.
__________________
“One morning you wake up, the girl is gone, the bikes are gone, all that's left behind is a pair of old tires and a tube of tubular glue, all squeezed out"
Sugar "Kane" Kowalczyk
“One morning you wake up, the girl is gone, the bikes are gone, all that's left behind is a pair of old tires and a tube of tubular glue, all squeezed out"
Sugar "Kane" Kowalczyk
Likes For Bianchigirll:
05-08-20, 07:45 PM
#6
Senior Member
Join Date: Aug 2016
Location: Visalia, CA
Posts: 2,249
Mentioned: 45 Post(s)
Tagged: 0 Thread(s)
Quoted: 981 Post(s)
Liked 1,844 Times
in
609 Posts
-Gregory
05-08-20, 07:50 PM
#7
Senior Member
Join Date: Sep 2012
Location: Back-of-beyond, Kootenays, BC
Posts: 747
Bikes: Specialized Roubaix Exp ert Road and Specialized Stump Jumper FS Mountain; De Vinci Caribou touring, Intense Tracer T275c, Cramerotti, Specialized Allez, Condor
Mentioned: 2 Post(s)
Tagged: 0 Thread(s)
Quoted: 165 Post(s)
Liked 92 Times
in
56 Posts
Well, they’ll get the name!
Likes For Mountain Mitch:
05-08-20, 08:11 PM
#8
aka: Dr. Cannondale
Join Date: Jul 2009
Posts: 7,725
Mentioned: 234 Post(s)
Tagged: 0 Thread(s)
Quoted: 2152 Post(s)
Liked 3,401 Times
in
1,203 Posts
It’s...complex. Bought by a xompany that sold them to a company that was bought by a company thay’s divesting nonperforming assets. Or like that.
__________________
Hard at work in the Secret Underground Laboratory...
Hard at work in the Secret Underground Laboratory...
05-08-20, 08:13 PM
#9
Disciple of St. Tullio
Join Date: Jul 2008
Location: State of Jefferson
Posts: 743
Bikes: Ciöcc, Bianchi, DeRosa, Eddy Merckx, Frejus, Hampsten, Kondor, Losa, Magni, Pegoretti, Pelizzoli, Pogliaghi, Scapin
Mentioned: 38 Post(s)
Tagged: 0 Thread(s)
Quoted: 267 Post(s)
Liked 334 Times
in
140 Posts
I would say that they made a good product at one time, but now....eh, I'm not so sure. Their old hubs and rims were great but it's been a long time since I've even looked at buying a new Mavic product. I guess their pre-built wheels were popular but the reputation of their rims went downhill quite a while ago IMO. And I've read a lot of bad things about the hubs in those pre-built wheels over the years.
Since there's no link to a story yet...
https://www.bicycleretailer.com/inte...t-receivership
https://www.cyclingnews.com/news/tou...-receivership/
It seems there's confusion as to who even owns the company.
Since there's no link to a story yet...
https://www.bicycleretailer.com/inte...t-receivership
https://www.cyclingnews.com/news/tou...-receivership/
It seems there's confusion as to who even owns the company.
Likes For Choke:
05-08-20, 08:52 PM
#10
Some Weirdo
Join Date: Dec 2017
Location: Rexburg, ID
Posts: 502
Bikes: '86 Schwinn Prelude, '91 Scott Sawtooth, '73 Raleigh "Grand 3"
Mentioned: 3 Post(s)
Tagged: 0 Thread(s)
Quoted: 223 Post(s)
Liked 141 Times
in
92 Posts
I would say that they made a good product at one time, but now....eh, I'm not so sure. Their old hubs and rims were great but it's been a long time since I've even looked at buying a new Mavic product. I guess their pre-built wheels were popular but the reputation of their rims went downhill quite a while ago IMO. And I've read a lot of bad things about the hubs in those pre-built wheels over the years.
Since there's no link to a story yet...
https://www.bicycleretailer.com/inte...t-receivership
https://www.cyclingnews.com/news/tou...-receivership/
It seems there's confusion as to who even owns the company.
Since there's no link to a story yet...
https://www.bicycleretailer.com/inte...t-receivership
https://www.cyclingnews.com/news/tou...-receivership/
It seems there's confusion as to who even owns the company.
__________________
Somewhere, a village is missing its idiot.
Somewhere, a village is missing its idiot.
05-08-20, 09:23 PM
#11
Senior Member
Thread Starter
Join Date: Aug 2006
Location: Portland OR
Posts: 7,639
Bikes: 61 Bianchi Specialissima 71 Peugeot G50 7? P'geot PX10 74 Raleigh GranSport 75 P'geot UO8 78? Raleigh Team Pro 82 P'geot PSV 86 P'geot PX 91 Bridgestone MB0 92 B'stone XO1 97 Rans VRex 92 Cannondale R1000 94 B'stone MB5 97 Vitus 997
Mentioned: 146 Post(s)
Tagged: 0 Thread(s)
Quoted: 392 Post(s)
Likes: 0
Liked 49 Times
in
31 Posts
I use Open Pros and Mavic shoes all the time.
I think they have some good tubeless rim and tire products.
I love the yellow Mavic neutral service motorcycles and bikes.
Too much history and coolness there to go away?!
I think they have some good tubeless rim and tire products.
I love the yellow Mavic neutral service motorcycles and bikes.
Too much history and coolness there to go away?!
05-08-20, 09:28 PM
#12
Insane Bicycle Mechanic
Join Date: Mar 2008
Location: other Vancouver
Posts: 9,826
Mentioned: 34 Post(s)
Tagged: 0 Thread(s)
Quoted: 797 Post(s)
Liked 694 Times
in
371 Posts
No such thing as "too cool to fail". Look at virtually any well known bicycle brand: Schwinn, Cannondale, Colnago, Motobecane, Windsor... you'll find a faceless corporate owner. C'est la vie.
__________________
Jeff Wills
Comcast nuked my web page. It will return soon..
Jeff Wills
Comcast nuked my web page. It will return soon..
05-08-20, 10:39 PM
#13
Senior Member
Thread Starter
Join Date: Aug 2006
Location: Portland OR
Posts: 7,639
Bikes: 61 Bianchi Specialissima 71 Peugeot G50 7? P'geot PX10 74 Raleigh GranSport 75 P'geot UO8 78? Raleigh Team Pro 82 P'geot PSV 86 P'geot PX 91 Bridgestone MB0 92 B'stone XO1 97 Rans VRex 92 Cannondale R1000 94 B'stone MB5 97 Vitus 997
Mentioned: 146 Post(s)
Tagged: 0 Thread(s)
Quoted: 392 Post(s)
Likes: 0
Liked 49 Times
in
31 Posts
They were already owned by a conglomerate - I just don’t want them to disappear or move everything to China!
05-08-20, 11:11 PM
#14
Senior Member
Join Date: Jun 2006
Posts: 20,305
Mentioned: 130 Post(s)
Tagged: 0 Thread(s)
Quoted: 3464 Post(s)
Liked 2,827 Times
in
1,995 Posts
While they had the neutral support contract with the TdF... no advert there soon.
i watched some of the news-
from what I pieced together
as noted, sold, then sold again
( maybe a third time???)
During that time there has been a stall on new wheels. Mavic was known for aluminum
guys around here train on Carbon?!? ( ok - same pads fit training and racing - unless discs)
I think they have missed it there too-
factor in Romanian production ( assembly )
that will tick off a French labor union...
they still wield decent power in France-
kaboom
( have been smaller presence or skipped trade shows too- just more puzzle parts to indicate issues)
i watched some of the news-
from what I pieced together
as noted, sold, then sold again
( maybe a third time???)
During that time there has been a stall on new wheels. Mavic was known for aluminum
guys around here train on Carbon?!? ( ok - same pads fit training and racing - unless discs)
I think they have missed it there too-
factor in Romanian production ( assembly )
that will tick off a French labor union...
they still wield decent power in France-
kaboom
( have been smaller presence or skipped trade shows too- just more puzzle parts to indicate issues)
05-09-20, 12:46 AM
#15
Me duelen las nalgas
Join Date: Aug 2015
Location: Texas
Posts: 13,513
Bikes: Centurion Ironman, Trek 5900, Univega Via Carisma, Globe Carmel
Mentioned: 199 Post(s)
Tagged: 0 Thread(s)
Quoted: 4559 Post(s)
Liked 2,802 Times
in
1,800 Posts
Wish I'd gone ahead and ordered a set of Mavic's entry level tubeless wheels/tires back in January when the set went for around $300-$350. Reviews sounded pretty good. Would be perfect for a budget carbon frame project I'm working on.
05-09-20, 01:53 AM
#16
Pining for the fjords
Join Date: Feb 2011
Location: Brussels
Posts: 709
Mentioned: 14 Post(s)
Tagged: 0 Thread(s)
Quoted: 130 Post(s)
Liked 443 Times
in
150 Posts
Mavic is American 
, or so it seemed.
https://www.amersports.com/2019/07/a...ic-divestment/
Apparently, that sale (which happened last year) never took place and the shares went to another American private equity firm based in Delaware, promises of investments were not kept. This operation is under investigation now. Meanwhile, the Finnish group Amer Sports has been taken over by the Chinese.
https://www.eurosport.fr/cyclisme/le...34/story.shtml
, or so it seemed. https://www.amersports.com/2019/07/a...ic-divestment/
Apparently, that sale (which happened last year) never took place and the shares went to another American private equity firm based in Delaware, promises of investments were not kept. This operation is under investigation now. Meanwhile, the Finnish group Amer Sports has been taken over by the Chinese.
https://www.eurosport.fr/cyclisme/le...34/story.shtml
05-09-20, 04:28 AM
#17
spondylitis.org
Join Date: Mar 2013
Location: Fleetwood, PA, USA
Posts: 1,002
Bikes: '84 Colnago Super; '90 Bridgestone MB-1; '81 Trek 930; '01 Cinelli Supercorsa; '62 Ideor Asso; '87 Tommasini Super Prestige; '13 Lynskey R2300; '84 Serotta Nova Special; '94 Litespeed Catalyst; etc.
Mentioned: 10 Post(s)
Tagged: 0 Thread(s)
Quoted: 121 Post(s)
Liked 97 Times
in
63 Posts
First Colnago, now Mavic. Wonder who will be the next shoe to drop.
The world doesn't need anymore takeovers by the CCP.
The world doesn't need anymore takeovers by the CCP.
05-09-20, 09:20 AM
#18
Senior Member
Join Date: Jun 2010
Location: Medford MA
Posts: 2,089
Bikes: Ron Cooper touring, 1959 Jack Taylor 650b ladyback touring tandem, Vitus 979, Joe Bell painted Claud Butler Dalesman, Colin Laing curved tube tandem, heavily-Dilberted 1982 Trek 6xx, René Herse tandem
Mentioned: 80 Post(s)
Tagged: 0 Thread(s)
Quoted: 964 Post(s)
Liked 1,451 Times
in
723 Posts
They're one of a handful of rim companies that still do double-eyelets. Once you pull spokes through the outer wall of a double walled, single-eyeleted rim on a tour, you'll never go back to single-eyelets. My concern is that this process might not survive the receivership. Bean counters don't see the value in a process that increases rim life and durability.
__________________
Owner & co-founder, Cycles René Hubris. Unfortunately attaching questionable braze-ons to perfectly good frames since about 2015. With style.
Owner & co-founder, Cycles René Hubris. Unfortunately attaching questionable braze-ons to perfectly good frames since about 2015. With style.
Likes For scarlson:
05-09-20, 09:28 AM
#19
Senior Member
Join Date: Sep 2015
Location: Madison, WI
Posts: 2,701
Mentioned: 52 Post(s)
Tagged: 0 Thread(s)
Quoted: 1136 Post(s)
Liked 650 Times
in
336 Posts
Colnago was sold by the Colnago family to a UAE company. Nothing to do with China. The sheer majority of products were not being made in Italy regardless, so the handwringing about Colnago's Italian soul is a little silly anyway.
Mavic has been owned by a variety of non-French companies for a while, mostly investment firms who have no interest in the actual business, but rather in turning it around in the market for a quick buck. And mostly soulless American firms, not Chinese.
Likes For TenGrainBread:
05-09-20, 10:39 AM
#20
aka Tom Reingold
Join Date: Jan 2009
Location: New York, NY, and High Falls, NY, USA
Posts: 40,498
Bikes: 1962 Rudge Sports, 1971 Raleigh Super Course, 1971 Raleigh Pro Track, 1974 Raleigh International, 1975 Viscount Fixie, 1982 McLean, 1996 Lemond (Ti), 2002 Burley Zydeco tandem
Mentioned: 511 Post(s)
Tagged: 0 Thread(s)
Quoted: 7345 Post(s)
Liked 2,452 Times
in
1,430 Posts
I don't know why I should object to Mavic becoming Chinese-run as long as they keep on the tradition. Look at how Sturmey Archer was bought by a Taiwanese company. They expanded and improved the product line.
I'm not up to date on Mavic's products, so maybe they're not as good as before. I'm not a fan of proprietary designs for wheels, and those Ksyrium wheels seemed well made but didn't have interchangeable parts. I bought a pair of Mavic shoes which seemed really good but after wearing them once, I accidentally left them on the subway and never recovered them.
The company has been around since 1889? Wow, I had no idea. I wonder what the first products were.
I'm not up to date on Mavic's products, so maybe they're not as good as before. I'm not a fan of proprietary designs for wheels, and those Ksyrium wheels seemed well made but didn't have interchangeable parts. I bought a pair of Mavic shoes which seemed really good but after wearing them once, I accidentally left them on the subway and never recovered them.
The company has been around since 1889? Wow, I had no idea. I wonder what the first products were.
__________________
Tom Reingold, tom@noglider.com
New York City and High Falls, NY
Blogs: The Experienced Cyclist; noglider's ride blog
“When man invented the bicycle he reached the peak of his attainments.” — Elizabeth West, US author
Please email me rather than PM'ing me. Thanks.
Tom Reingold, tom@noglider.com
New York City and High Falls, NY
Blogs: The Experienced Cyclist; noglider's ride blog
“When man invented the bicycle he reached the peak of his attainments.” — Elizabeth West, US author
Please email me rather than PM'ing me. Thanks.
Likes For noglider:
05-09-20, 11:14 AM
#21
Edumacator
Join Date: Jan 2018
Location: Goose Creek, SC
Posts: 6,772
Bikes: '87 Crestdale, '87 Basso Gap, '92 Rossin Performance EL-OS, 1990 VanTuyl, 1980s Losa, 1985 Trek 670, 1982 AD SLE, 1987 PX10, etc...
Mentioned: 59 Post(s)
Tagged: 0 Thread(s)
Quoted: 2433 Post(s)
Liked 3,106 Times
in
1,956 Posts
New Mavic isn't vintage anyway... My MA2s, MA40s and 195s were built in France!
Now if Rigida gets sold...
Now if Rigida gets sold...
__________________
1987 Crest Cannondale, 1987 Basso Gap, 1992 Rossin Performance EL, 1990ish Van Tuyl, 1985 Trek 670, 1982 AD SLE, 2003 Pinarello Surprise, 1990ish MBK Atlantique, 1987 Peugeot Competition, 1987 Nishiki Tri-A, 1981 Faggin, 1996 Cannondale M500, 1984 Mercian, 1982 AD SuperLeicht, 1985 Massi (model unknown), 1988 Daccordi Griffe , 1989 Fauxsin MTB, 1981 Ciocc Mockba, 1992 Bianchi Giro, 1977 Colnago Super
1987 Crest Cannondale, 1987 Basso Gap, 1992 Rossin Performance EL, 1990ish Van Tuyl, 1985 Trek 670, 1982 AD SLE, 2003 Pinarello Surprise, 1990ish MBK Atlantique, 1987 Peugeot Competition, 1987 Nishiki Tri-A, 1981 Faggin, 1996 Cannondale M500, 1984 Mercian, 1982 AD SuperLeicht, 1985 Massi (model unknown), 1988 Daccordi Griffe , 1989 Fauxsin MTB, 1981 Ciocc Mockba, 1992 Bianchi Giro, 1977 Colnago Super
05-09-20, 03:40 PM
#22
Death fork? Naaaah!!
Top
__________________
You know it's going to be a good day when the stem and seatpost come right out.
(looking for a picture and not seeing it? Thank the Photobucket fiasco.PM me and I'll link it up.)
You know it's going to be a good day when the stem and seatpost come right out.
(looking for a picture and not seeing it? Thank the Photobucket fiasco.PM me and I'll link it up.)
Likes For top506:
05-09-20, 08:14 PM
#24
Senior Member
Join Date: Sep 2015
Location: Massachusetts
Posts: 763
Bikes: S-Works Stumpjumper HT Disc, Fuji Absolute, Kona Jake the Snake, '85 Cannondale SR900
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Quoted: 219 Post(s)
Liked 217 Times
in
142 Posts
You should read the above posts about the situation. What you wrote doesn't match the reality.
Colnago was sold by the Colnago family to a UAE company. Nothing to do with China. The sheer majority of products were not being made in Italy regardless, so the handwringing about Colnago's Italian soul is a little silly anyway.
Mavic has been owned by a variety of non-French companies for a while, mostly investment firms who have no interest in the actual business, but rather in turning it around in the market for a quick buck. And mostly soulless American firms, not Chinese.
Colnago was sold by the Colnago family to a UAE company. Nothing to do with China. The sheer majority of products were not being made in Italy regardless, so the handwringing about Colnago's Italian soul is a little silly anyway.
Mavic has been owned by a variety of non-French companies for a while, mostly investment firms who have no interest in the actual business, but rather in turning it around in the market for a quick buck. And mostly soulless American firms, not Chinese.
Terrible.
05-09-20, 08:24 PM
#25
Senior Member
Join Date: Sep 2015
Location: Madison, WI
Posts: 2,701
Mentioned: 52 Post(s)
Tagged: 0 Thread(s)
Quoted: 1136 Post(s)
Liked 650 Times
in
336 Posts
My last company had a production facility that I worked at in my home-state of Wisconsin as well as one in Chengdu in China. I worked with some of the technicians, machinists, and engineers from that facility and they had pride in their work and did a great job. Not only that but they worked far longer hours than their American coworkers. While there are definitely a lot of problems with the way the Chinese government and economy works, I wouldn't make blanket statements like that.
Likes For TenGrainBread:
