a.s.
Mr. Chainring
I lusted over the Revel Rail 29. Guess it was good thing I never bought one.
That is a bummer. I don’t think I’ve ever seen a revel in person.
View attachment 259165
US imports down 64% after the tariffs hit....Revel is only the beginning.
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How US Import Bookings Are Reacting to 2025 Tariffs: A Data-Driven Breakdown | VIZION
See how US importers pulled forward shipments ahead of April 2025 tariff hikes then hit the brakes. TEU booking trends and product-level drops explained by insights from Vizion.www.vizionapi.com
I predict ARI is next.
So im sure @jdog can better explain it than I can....But I would guess a bike company in the us order all the frames it needs for the year....fills as many containers as possible, one big shipment over here.....probably a HUGE bill that smaller companies probably have to leverage quite a bit to pay for.....then..bam, 145% increase. Now they paid to have the frames made, but can't pay for the 145% tariff....death nail.It is interesting...they released 3 new bikes last week. I wonder if they got smacked with a tariff bill and coupled with low pre-orders was the nail in the coffin.
Also the founder left the company a year ago which was strange. Wonder if he saw the writing on the wall.
So im sure @jdog can better explain it than I can....But I would guess a bike company in the us order all the frames it needs for the year....fills as many containers as possible, one big shipment over here.....probably a HUGE bill that smaller companies probably have to leverage quite a bit to pay for.....then..bam, 145% increase. Now they paid to have the frames made, but can't pay for the 145% tariff....death nail.
so do they just give up and the 9 million goes away? eli5 how that worksI think the article also said that Revel was already $9M in debt.
so do they just give up and the 9 million goes away? eli5 how that works
That is incorrect. In this case the banks get bike frames.Yeah that’s what our current president has done like 12 times.
Sorry.
Do you think CHASE will have a deal on REVEL frames? AFAFThat is incorrect. In this case the banks get bike frames.
In the other case they got gaudy under performing casinos.
Well typically I would say yes...but the only think a bank can do with this stuff now is sit on it....they wont be paying the 145% tariff eitherDo you think CHASE will have a deal on REVEL frames? AFAF
They are super nice. Finish was second to none. Gordon Wadsworth was on them. They had also bought the old maker of the El Jefe SS as well. Sad to see them go.That is a bummer. I don’t think I’ve ever seen a revel in person.