Evans Cycles Struggling!

Evans Cycles Struggling!

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Discussion

LeMansNut

744 posts

62 months

Tuesday 19th February 2019
quotequote all
JPJPJP said:
Had a look at the money owed by Evans when it went skint. Nasty.

Bmc £334k, Brompton £124k, Cambrian (conti distributor) £201k, CSG (cannondale and others) £2.9m, endura £661k, Mavic £182k, specialized £3.9m, trek £1.9m and many other distributors and wholesalers owed tens of thousands

Sure, there might be a bit to come from sports direct to facilitate future trading, but this is very damaging to the industry
Quite ironic seeing as Evans insist that you pay upfront for a bike that you want to "test ride". I can understand that they don't want folk riding off and so nicking the bike, but I did witness a bloke in the Gatwick store kicking off over the fact the he'd already bought the bike online (for his kid) but the Evans staff member insisted that he pay again for his kid to simply test ride it...and that he would get the money back in 5 days.

That was about a year before they went bust.

Henners

12,230 posts

194 months

Tuesday 19th February 2019
quotequote all
LeMansNut said:
JPJPJP said:
Had a look at the money owed by Evans when it went skint. Nasty.

Bmc £334k, Brompton £124k, Cambrian (conti distributor) £201k, CSG (cannondale and others) £2.9m, endura £661k, Mavic £182k, specialized £3.9m, trek £1.9m and many other distributors and wholesalers owed tens of thousands

Sure, there might be a bit to come from sports direct to facilitate future trading, but this is very damaging to the industry
Quite ironic seeing as Evans insist that you pay upfront for a bike that you want to "test ride". I can understand that they don't want folk riding off and so nicking the bike, but I did witness a bloke in the Gatwick store kicking off over the fact the he'd already bought the bike online (for his kid) but the Evans staff member insisted that he pay again for his kid to simply test ride it...and that he would get the money back in 5 days.

That was about a year before they went bust.
I test rode a road bike last month at a Giant store - £50 credit card charge/reservation thing (i.e. no cost to me) and a copy of my driving licence. bring it back today or tomorrow, up to you

Good guys

Henners

12,230 posts

194 months

Tuesday 19th February 2019
quotequote all
idiotgap said:
It just sounded like the benefit I get through vitality. I found the local evans had gone because I was thinking about buying a brompton and getting £500 back, went to the shop to have a look at one.
https://www.vitality.co.uk/rewards/partners/fitnes...
Ah, we just get a percentage off depending on spend. One of the big employer perks things.