Mavic in receivership!

Mavic in receivership!

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Discussion

Get Karter

Original Poster:

1,949 posts

207 months

Friday 8th May 2020
quotequote all
That’s one company I wouldn’t have expected to get into trouble. They seemed to stick to what they are good at and were a market leader.

Pachydermus

978 posts

118 months

Friday 8th May 2020
quotequote all
sounds like the same old story

cycling weekly said:
sold the business to a Californian investment fund Regent LP
bleed it dry, let it go bust, move on to the next victim.

MrBarry123

6,038 posts

127 months

Saturday 9th May 2020
quotequote all
It appears to be stranger than that...

https://www.cyclingnews.com/news/mavic-employees-d...

Get Karter

Original Poster:

1,949 posts

207 months

Saturday 9th May 2020
quotequote all
Wow, what a bizarre situation.

MrBarry123

6,038 posts

127 months

Saturday 9th May 2020
quotequote all
Yes, very strange and quite sad really given, as you said, they’re renowned for being good at what they do and are such a big name in cycling.

Some Gump

12,841 posts

192 months

Saturday 9th May 2020
quotequote all
I have mavic shoes, they're great.

I hanker after their wheels, too.

Surprised someone would just drop the brand into oblivion though? Seems very strange.

anonymous-user

60 months

Sunday 10th May 2020
quotequote all
Imo diluting the focus from wheels by starting clothes / shoes will be shown to be the start of the demise

It does look like there is a bit to untangle. Quite sure the brand will survive. Best wishes to staff involved

anonymous-user

60 months

Sunday 10th May 2020
quotequote all
Get Karter said:
That’s one company I wouldn’t have expected to get into trouble. They seemed to stick to what they are good at and were a market leader.
I think that’s the point, they relied on the open pro, then the ksyrium for too long... they also stuck with the “V” profile on the cosmic for a year or two too long when others where switching to a “U” profile Known to be more aerodynamic. They are still good wheels but imho the competitors were quicker to get new tech and products to the market