Stanton Bikes goes in to Administration
Discussion
https://www.derbytelegraph.co.uk/news/local-news/d...
Real shame. Great looking bikes. I hope they find a buyer and manage to carry on.
Real shame. Great looking bikes. I hope they find a buyer and manage to carry on.
bobbo89 said:
Just seen this on their Insta.
It is a shame, very almost got one but settled on another Cotic instead as I just thought they looked better. Suppose it's people like me who have contributed towards their downfall.
Hopefully they can pick up some financial backing and keep going.
On the flip side you’re keeping Cotic going? Sadly there just isn’t the market for that many boutique manufacturers. It could be Stanton, Pipedream, Cotic or Starling facing administration It is a shame, very almost got one but settled on another Cotic instead as I just thought they looked better. Suppose it's people like me who have contributed towards their downfall.
Hopefully they can pick up some financial backing and keep going.
pablo said:
On the flip side you’re keeping Cotic going? Sadly there just isn’t the market for that many boutique manufacturers. It could be Stanton, Pipedream, Cotic or Starling facing administration
True, a couple of others disappeared recently too. I know Swarf threw in the towel and BTR have gone quiet following a since deleted post about giving it in. I have my suspicions that some companies may have ridden the Covid wave and overstretched themselves based on the boom it caused. I'm still waiting on an order of some cranks and a stem from another UK based manufacturer that I placed in September and the excuses I'm getting from the owner as well as murmers elsewhere suggest all is not well....
F20CN16 said:
Real shame this. A lot of people have taken up MTB in the last few years so you’d think they’d be OK. But I suppose a relative newcomer to MTB isn’t the customer of these smaller boutique firms. A lot of the people with real spending power for bikes are buying eMTBs - at least from my unscientific observations at the numbers of eMTBs I see vs a normal bike on any given day. Some days it seems like almost no one is riding a bike without motor assist.
eMTB's are where the future money is, Privateer are developing one and I know both Cotic and Starling are too, says a lot when the smaller brands are having to get in on the act. From my observations e-bikes have opened up mountain biking to people who thought they were past it and personally I think that's a really good thing. See lots of older boys out and about on trails these days on e-bikes who i suspect otherwise wouldn't be out at all. They're also a market with probably the best spending power...
Stanton's accounts haven't looked good for a while but ultimately they haven't paid a supplier so maybe we should feel sorry for the supplier who is currently out of pocket and will be lucky to see a few pence in the pound that they are owed.
I'm not knocking Stanton as I have admired the bikes they have produced but owning my own business when you don't get paid it is not fun at all.
I'm not knocking Stanton as I have admired the bikes they have produced but owning my own business when you don't get paid it is not fun at all.
Dan has been quite active on the FB owners group, looks like they will continue. What's been agreed etc I'm not sure, Dan seems to be incharge though.
Hope it works out well for all the team and suppliers. They make very good bikes!
ETA STW link showing FB
https://singletrackworld.com/2023/01/stanton-bikes...
Hope it works out well for all the team and suppliers. They make very good bikes!
ETA STW link showing FB
https://singletrackworld.com/2023/01/stanton-bikes...
Edited by Tickle on Thursday 19th January 12:06
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