YT Industries USA Closing After Failing to Reach Agreement With YT Germany
I bought a new Capra myself just recently. Well, the price was still good for the parts and the bike ride like i wanted it to ride. Isnt product warranty their obligation to the customers by the law, no matter what happens to company? I hope most of does have been offered a solution. What really sucks are the guy that paid for a bike and did not get it. You got a great bike for an amazing price. I figure it's worth the sum of the parts alone so it's pretty much a free frame. I have a Jeffsy that I bought at the same discount.
They were at Ardrock this weekend with a massive stand trying to sell bikes. Ive had three bikes from YT and bought a bunch of their apparel. Just came here for the comments.Whats wild is that I have a Capra Core 3 sitting in a box in my shop right now. By stealing from customers and then releasing a new bike, they have put the last nail in the coffin. Let’s hope they can make it and come back strong.
The only thing that excited me about the brand was the team, and they got fucked, retroactively, by this guy's decisions. Very proud of these guys for buying their brand back, speaks volumes to their commitment to the industry and the customer! Between Revel and YT, this should be a lesson to the industry to not sell to those private equity firms. Did the new PR firm hired to repair the brand image suggest this? My feelings for this brand are gonna be based on this. It’s like the ex that you keep getting back together with but it’s not meant to be and it’s forever tainted. Some people have issues and some don’t.
Played at Suncorp Stadium (2003-
It's Powerfish Casino not on PB to police the behaviour of brands, YT should simply have withheld from posting this right now Pinkbike still seem happy to promote a brand thats not returning any customers money. Don't put it on PB to be the moral arbiters of what brands they do and don't allow to post, it's on the brand to make sensible decisions. PB has always allowed brands to share releases, free of charge on the front page. Your promoting a brand that has no cash flow and not returning any its customers $ for unfilled orders !?
Where to stay in Falmouth
This is the worst of the failures but how many previous times have they "paused" their racing team then started it back up again? And the marketing is whatever Markus thinks is cool. People these days are way to invested in supporting a brand that was really only created to make money off of them. Who can blame anyone for making big bucks selling to PE and then waitng for it to collapse and buying it back for pennies on the dollar? If Markus didn’t understand what PE was going to do to the company (and all companies they acquire), he’s a damn fool. That perform well for a fair price run by passionate riders. I believe that made a lot of sense at the time and considering no one really seems to be doing this at this point, it would still make a lot of sense.
Trek/Specialized/Giant are the same – it’s just instead of contracts with external suppliers, there’s internal commitments between wholly owned subsidiaries. Gonna be a tough time for signings. Hopefully Dylan stark finds a new frame sponsor. Sure the USA branch could buy the designs and up if a price can be agreed and hire design and engineers needed But the ip, design and engineering work was all done from Europe and the contracts were with Europe even if it’s shipped direct to the USA.
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