News: Stages, Rapha, Enve troubles - Sea Otter Statistics and companies who are doing well.

Buy anything through the links below to help this channel:
JensonUSA - alnk.to/3yb8WMK
Competitive Cyclist - alnk.to/cb2h0LG
REI - alnk.to/4XvcNke
Ebike options at JensonUSA - bit.ly/41qC1wE
Chain and drivetrain parts - bit.ly/3prhCu8
Chain lube options - bit.ly/3BazADF
Dropper posts - bit.ly/3MazOBc
Rider protection - bit.ly/3NSgSsb

[@Dennis-cv5tm]

"News is not my forte", proceeds to deliver news better than any other bike channel on youtube! Great job Francis, been following your stuff since 2002 in the MTBR days

[@EMTBReview]

Wow, thanks! Lights Shootout is my forte! lolol. Thanks for the kind words. :)

[@millerbill4]

Great job, Francis, thank you! Have a great weekend and enjoy the trails!

[@arlcrane]

I don't normally watch bicycling news videos. But I enjoyed this very much. What I don't have patience for are two guys sitting and babbling back and forth, turning a five minute segment into twenty minutes. Don't have time for that. Keep up the great work.

[@EMTBReview]

Glad you enjoyed it! Really insightful comment. Yeah, two dudes (who love to hear themselves talk) dragging out a 30 second piece into a 30 minute session kills the medium.

[@krbtube]

Appreciate the news segment, very interesting!

[@Jean-jk4zv]

What a cool way to deliver news, no faffing and straight to the points ! THX

[@rducut]

Nice job on this video. Very interesting news in the industry.

[@EMTBReview]

Right on, thank you. I'll try to get better at this news thing.

[@IsraelMagalit]

Excellent video!

[@Y-js8vd]

Good video by someone who knows the industry. Hope this becomes a weekly thing.

[@EMTBReview]

Thank you kind sir. Very encouraging. Crazy view numbers on this video too.

[@lidarman2]

That Stages shutdown was crazy. I knew several people whole worked there and they didn't see it coming.

[@EMTBReview]

oh man, very sad to hear. Yeah, I had no idea either since from my perspective, they sold a unique, good-value product.

[@lidarman2]

@@EMTBReview Yeah. I have one of their first power meters that I got as a product tester and it is going strong. I was also a beta tester for their Dash M200 head unit and even got an email about a month ago about a new version of the Link software. Never heard anything else. Gonna miss that company. It also sucks that they didn't seem to allow liquidation of inventory. Maybe that will happen in the settlement.

[@EMTBReview]

@@lidarman2 Yeah, the 'shutdown' is strange. No bankruptcy or the normal channels for troubled companies. Maybe that's forthcoming

[@hardmtnbiker]

I think your Evaluation of the USA economy going from a “Want” to a “Need” is spot on. Let’s face reality cycling in USA is for hobbyists and a small fraction of athletes. As an RN that works in tech I can understand why Garmin is doing well. We have “Wellness Programs” that use Garmin devices and this sector of Healthcare in America is emerging #nurses2tech

[@EMTBReview]

Thank you. I exercise that now even at the grocery. And gas station…lolol

[@PelicanIslandLabs]

I have little sympathy for companies that were price inflating EVERYTHING.

[@AlaskaBikeDoctor]

I’d love to go to Sea Otter, but it’s held at the worst possible time. It’s spring, when everybody is getting back into cycling (unless you’re in SoCal, AZ) after winter. Service center is swamped and new bike sales are hot and heavy. Wasn’t InterBike held in like September or October?

[@ChrisGreeneUX]

"Inch of rain in Norcal" - translates to 5" of snow in 4k sierras 😞 Good job Francis. - E-bike sales as a percentage of revenue for companies doing it right is (sometimes) higher than what even Giant is reporting. Many big names are all calling for that hockey stick soon. SO many cool developments.

[@EMTBReview]

Yeah, more than 50% of total revenue now for some.

[@ryanlandolfi1636]

As someone else already noted, only the top end, super light build comes in 140/130 travel; the rest of the models are 150/140. I put a 160 fork on mine. Paired the the Fox X2, I find that the bike punches way above what the numbers would indicate. Last week I rode the chunkiest downhill track in my area (a blown out moto trail), and I was very impressed with how well the suspension soaked up the square edged hits. It felt more composed than my regular enduro bike (Transition Patrol, which is 160/160). As for the Bosch SX, yes you have to spin to win, but the power arrives when you do. The other emtb riders that I ride with all average over 90 rpm’s when pedaling, so I feel like Francis sells the SX’s capabilities short. I’m continually blown away by how powerful this little motor is. No, it’s not as powerful and torquey as my Rocky Powerplay, but I didn’t expect it to be. Head to head, maybe the Rise outworks the Fluid, but I am very impressed by the SX and I highly recommend it.

[@EMTBReview]

Thank you for that info and upgrade tip!!!

[@wvjeepguy8178]

Here's an opinion from a 43 year old casual biker guy. The price of e-bikes are competitive enough right now that I feel they will take over the mid-level segment. A traditional bike in the $2500 or less bracket still makes sense, but there are some really decent e-bikes starting at $3,000, and some really good ones in the $4-5,000 range.

[@EMTBReview]

Yes, definitely agreed. One key problem with ebikes moving forward is it doesn't make sense to sell $10k-$15k ebikes, like some companies have gotten used to. That kind of pricing is done to save the last 3 lbs. of weight, making everything out of carbon fiber and exotic materials. For ebikes, the last 3 lbs. doesn't really matter. Since they're 50 lbs anyway!! We'll see what happens as consumers realize carbon, xtr, and XX1 don't really help emtbs so much to justify they price.

[@joehoeper4648]

Agreed - I'm having a hard time convincing myself to get a MTB over and eMTB. eMTB does everything a MTB can do - and WAY more.

[@wvjeepguy8178]

@@EMTBReview I think most people interested in emtb's will go over to the lighter emtb's as technology gets better and more affordable. Bikes like the Orbea RIse, both the previous version and the brand new version, are an excellent example. I don't want a huge, heavy ebike, but i also want a good power reserve, and every generation is getting better at those goals.

[@skinny8019]

@@wvjeepguy8178Agree. When a true SL 35 pound bike with modular batteries comes out. I’m jumping on it. Imagine a trek top fuel ebike with 2-3 hour battery range. 2000 feet climb.

[@geoleo2597]

@@EMTBReviewthe market prices are just awesome now. Shucks I paid $12k for my decked out SC Bullit. That same spec bike is now $8k.

[@jakebrakebill]

E-bikes must be doing well, I've been trying to get a specific type of fat tire in XL and I'm still empty handed. I'm sure the XL part isn't helping..

[@ed0078]

Thank God these companies are failing. Ridiculous pricing. Finally, seeing bicycling going back to normal. As for Garmin, I am a casual rider with a standard bike but love my GPS and radar. Makes my ride so much more relaxing

[@EMTBReview]

Totally agree on Garmin. So good! $300 jersey? $5000 bike frame? This is a wake-up call to stop doing that

[@Stockfish1511]

It sucks. Hope all goes well. But i benefited by buying and gen 4 trek rail 9.8 at 6800 dollar to go with my 9.8 slash and what a bike that is wow.

[@EMTBReview]

Yeah the sales are deep this year 30+% discouint just to move current inventory

[@50whatnomadtravelnursemtb5]

@@EMTBReview I didn’t buy another ebike but got a sick deal on a Revel Rail frame at over 30% off

[@dongkapuyawn5107]

is Giant going to build an SL e-bike? i enjoyed my Trance X until I have the Levo SL hahaha

[@EMTBReview]

They kind of have one but it uses a big/standard motor. They try to lose the weight with lighter, more modular batteries. Very few are ridden here in Northern California.

[@wvjeepguy8178]

@@EMTBReview I see a lot of people coming and going from our bike trails here in West Virginia (Fayette County, New River Gorge area) and I never see Giant on the bike racks. From what I understand, they have a massive presence in Australia and New Zealand.

[@50whatnomadtravelnursemtb5]

The Yamaha motor has been super reliable, it goes under the radar..but Giant is showing how good it is with there sales.

[@EMTBReview]

Reliability is its core strength. Now they just need to release many updated motors

[@robvanduren761]

@@EMTBReview We have 2 Giant ebikes from 2019 with Yamaha pwx2 in them. They go today exactly like when they were new. I even had mine pulled apart as i like to be confident its ok. Only 1 main bearing was a little rough and so 2 new main bearings and replacing the fibre drive cog for future proofing and good to go.

[@sultanabran1]

enve going under is no surprise. their prices were retarded high, but people kept paying.

[@Stockfish1511]

As for garmin. They made alot of sales. Because huge chunck of their product is used in ukraine war frlm borh sides. Huge quantities are bought because of the functionality

[@EMTBReview]

Really? That is crazy! Well, their GPS devices are pretty dialed.

[@samharris82]

Wait so a cycling brand being sold by a large faceless corporation to a passionate individual is … bad news?

[@EMTBReview]

If history repeats itself… yes. But there is always hope. There is very little known about the buyer, who they are and what they know about the business

[@Handletaken4]

Tennis rackets with wheels....it's over.

[@asifitmatters1]

All of these funds and private equity wankers are killing the bike industry. Everything they touch turns to shit! Bike brands need to remain rider or founder owned.

[@EMTBReview]

Midas touch but not quite gold

[@Brentatious]

The industry needs to get back to simplicity. I switched over to riding ADV motorcycles a few years back because I could get a used one at the price of a new mid level FS MTB. Just ridiculous and most everyone is over biked for their area.

[@EMTBReview]

Yes, it's good to have exotics in any hobby/category. They can push tech and innovation. But the rest of the industry needs to focus on delivering value, durability, longevity and fun! These economic shakedowns are good reminders.

[@Govermentsound]

All industries that doesn't understand economics, WILL go under in these times that we are living in 😜

[@EMTBReview]

True! And companies teetering and barely surviving, without competitive products will be pushed towards collapse

[@mfa81]

Talking about selling expensive things colnago is reporting growth and they are far from inexpensive

[@EMTBReview]

That surprised me too. I think they're coming from low, lows... so it's easier to grow.

[@Jean-jk4zv]

Just a few brands will be able to sell 10K+ bikes to the 1% of buyers. But they all aimed for it.

[@aphtonyjim]

The cycle industry is just not getting it🤔 getting away with charging ££££££ too much for there product, when you pay as much or more for an ebike over a motorcycle.....and for what you get! its crazy. Oh and yes, whats a ebike worth second hand 🤔 next to nothing. No shop wants a trade in of an old ebike really, take my 2018 canyon Spectral On £4500 new back in the day, 6yrs old now and worth what? Not very much at all. Plus you never stop spending silly money on components...ie chain, cassette, bearings, suspension service etc etc the list goes on.....none of the above gets cheaper on an older emtb. Yes its sounds like I'm bitching but I'm just telling it as I see it. After my little rant, l'm still out there riding my bike and loving it.

[@EMTBReview]

Rant, bike ride, ahhh much better. It’s become a rich man’s sport and it really shouldn’t be. Consumers have the final say with their wallets

[@JC-tu7cy]

"Thule sales up 9%" because One-Ups get stolen within a few days of purchase.

[@EMTBReview]

That's a good one. :)

[@davidross8233]

I’ve had a one up for years with no issues. Why do they get stolen so much?

[@50whatnomadtravelnursemtb5]

When the poop hits the fan with our failing economy, guess what..know one cares about high end biking stuff…it’s LOW priority in peoples lives. Envy…way over priced

[@EMTBReview]

Need vs. want now. And something has definitely hit the fan hard

[@mfa81]

Amer is a softgood company, not sure why Enve news is bad. Doesn’t look like santa cruz being acquired by pond was bad they seem to be doing very well, enve is just like 1% of amer they dont really want anything with enve

[@EMTBReview]

Amer owns many prominent sports brands: Arc’teryx Salomon Wilson Peak Performance Atomic Armada ATEC DeMarini EvoShield Louisville Slugger Santa Cruz was bought by Pon and they are not doing so well right now. I did a video on this last week. They have massive inventory problems and almost every bike they make now is on a big sale... on their own website!!! And they're visionary CEO, Joe Graney is out as of about 6 months ago. Many friends of mine getting let go there over the last year. Most Private Equity acquisitions of bike companies have turned very sour in the past decade.

[@bfranco1519]

Power meters ? Who cares! Rapha ? Who cares Oh Roadies do..

[@EMTBReview]

Rrrrrrright? And gravel riders. Oh they're roadies too. :)

[@mikelesh9513]

Just ride!

[@mr2timer100]

yeah, spandex jockeys!

[@ed0078]

Exactly. Used to wave to those guys all the time until I realized they never return the wave.

[@porroco]

Too bad is outdoor

[@EMTBReview]

Are you talking about sea otter, classic?

[@porroco]

@@EMTBReview yes

[@Zetler]

Anything over 5-7k+ is getting murdered by Surrons which selling like hot cakes. eBike is about performance and the Surrons types are utterly crushing the value proposition vs something like a 7K SL. The industry need to meet this expectation in both cost and performance.

[@TerryGriebel-cb1wl]

Zzzzzzzzzz!

[@EMTBReview]

Hit the snooze button :)

[@chasejiannalone8763]

I really dislike Garmin. I have owned 4 devices and sold them all. Their software/firmware operation is far too complex for how much most users use it. Your cell phone has gps and a huge array of mapping. Now even has a panic button.