Know the rules The Paceline Forum Builder's Spotlight


Go Back   The Paceline Forum > General Discussion

Reply
 
Thread Tools Display Modes
  #1  
Old 04-18-2024, 12:19 AM
EB EB is offline
Meh
 
Join Date: Jan 2018
Location: This is a no biking trail, California
Posts: 2,470
The fall of Kona Bikes :(

They set everything up at Sea Otter and then the CEO told them to pack uo and leave. With an ominous all hands meeting on the calendar next week. Doesn’t look good for Kona, with some awkwardly timed PR about a new gravel bike going out the same day.

https://www.bicycleretailer.com/indu...down-sea-otter

Credible rumors are that the brand is shutting down.
Reply With Quote
  #2  
Old 04-18-2024, 12:26 AM
vertr vertr is offline
Senior Member
 
Join Date: Jul 2016
Posts: 120
I heard rumors two months ago that people were calling their support lines and the reps were telling them the brand was in trouble and to tell their friends to not buy anything else from them (and no parts were being restocked). Bellingham and Seattle used to be full of Kona bikes but they have been replaced by Transition. It's sad, but the founders sold out which is a familiar story of this decade.
Reply With Quote
  #3  
Old 04-18-2024, 12:31 AM
AngryScientist's Avatar
AngryScientist AngryScientist is offline
Administrator
 
Join Date: Mar 2010
Location: northeast NJ
Posts: 33,137
Man, that is some BS. Treating employees like that is top level classlessness.

Picking a team to prepare for, travel to and set-up for a big event like sea otter, only to tell them break it down and there will be a town-hall next week is just heartless, soulless garbage.

There is a right and a wrong way to make an exit.
Reply With Quote
  #4  
Old 04-18-2024, 02:04 AM
prototoast prototoast is online now
Senior Member
 
Join Date: Jun 2016
Location: Concord, CA
Posts: 5,874
The writing has been on the wall for months, if not years for them, but this is still a particularly awkward way to die.
__________________
Instagram - DannAdore Bicycles
Reply With Quote
  #5  
Old 04-18-2024, 05:41 AM
reuben's Avatar
reuben reuben is offline
Senior Member
 
Join Date: Jun 2020
Location: The Land of Pleasant Living
Posts: 5,010
Interesting. When I tried to buy a Kona Sutra frame last year they were selling built bikes hand over fist, and it was hard to get just a frame. Or maybe it was just a post-pandemic glut that they hadn't yet realized. At any rate, they were shipping them by the container.

After a few months the regional rep, who was great, got permission to strip a built bike and sell it to me through an LBS.
__________________
It's not an adventure until something goes wrong. - Yvon C.
Reply With Quote
  #6  
Old 04-18-2024, 06:46 AM
bicycletricycle's Avatar
bicycletricycle bicycletricycle is online now
Senior Member
 
Join Date: Sep 2009
Location: RI & CT
Posts: 9,045
Bummer.
__________________
please don't take anything I say personally, I am an idiot.
Reply With Quote
  #7  
Old 04-18-2024, 06:54 AM
rothwem rothwem is offline
Senior Member
 
Join Date: Sep 2019
Location: Asheville, NC
Posts: 327
I hope its just a restructure and not a total brand collapse. Kona has always been pretty innovative and influential for the industry--the Honzo popularized the short stay long travel hardtail, the Jake the Snake brought slack HTA's to gravel, and they were one of the first players in the Freeride space back in the early 2000's.

I wonder what caused their downfall, were they just worse at marketing their bikes?
Reply With Quote
  #8  
Old 04-18-2024, 07:29 AM
unterhausen unterhausen is offline
Randomhead
 
Join Date: Dec 2013
Location: Happy Valley, Pennsylvania
Posts: 6,952
I feel like selling bikes 2 for 1 might have been a clue, but I dunno, I'm not a bike industry genius.
Reply With Quote
  #9  
Old 04-18-2024, 08:53 AM
GonaSovereign GonaSovereign is offline
Senior Member
 
Join Date: Dec 2013
Location: Somewhere between YYZ & SFO.
Posts: 804
Quote:
Originally Posted by unterhausen View Post
I feel like selling bikes 2 for 1 might have been a clue, but I dunno, I'm not a bike industry genius.
That was a very loud alarm bell.
The midsize company often has it hardest.
It stinks because Kona is/was so much more interesting than many.
Reply With Quote
  #10  
Old 04-18-2024, 09:06 AM
prototoast prototoast is online now
Senior Member
 
Join Date: Jun 2016
Location: Concord, CA
Posts: 5,874
Strange, considering they just announced a new model yesterday (https://bikerumor.com/kona-ouroboros...e-dropbar-mtb/), which was their first new/updated bike model since 2019? 2020? It's been a while.
__________________
Instagram - DannAdore Bicycles
Reply With Quote
  #11  
Old 04-18-2024, 09:32 AM
EB EB is offline
Meh
 
Join Date: Jan 2018
Location: This is a no biking trail, California
Posts: 2,470
Quote:
Originally Posted by prototoast View Post
Strange, considering they just announced a new model yesterday (https://bikerumor.com/kona-ouroboros...e-dropbar-mtb/), which was their first new/updated bike model since 2019? 2020? It's been a while.
Probably the marketing guys who lined these press drops up for Sea Otter were just as much in the dark as the people who actually went to Sea Otter.
Reply With Quote
  #12  
Old 04-18-2024, 09:44 AM
redir's Avatar
redir redir is offline
Senior Member
 
Join Date: Jan 2007
Location: Mountains of Virginia
Posts: 6,842
That is very odd, could be somethign else going on. If not then bummer. I just was in one of my LBS's yesterday and was looking at their Kona bikes. Not that I am interested in buying but still, you know. The shop owner spoke highly of them.
Reply With Quote
  #13  
Old 04-18-2024, 10:02 AM
steelrimbrake steelrimbrake is offline
Member
 
Join Date: Dec 2023
Posts: 31
Bummed to hear - their MTBs always fit me great.
Reply With Quote
  #14  
Old 04-18-2024, 10:05 AM
XXtwindad XXtwindad is offline
Senior Member
 
Join Date: Nov 2017
Posts: 8,010
Quote:
Originally Posted by prototoast View Post
Strange, considering they just announced a new model yesterday (https://bikerumor.com/kona-ouroboros...e-dropbar-mtb/), which was their first new/updated bike model since 2019? 2020? It's been a while.
The article claims the bike will fit a 29x2.5 tire with a rigid fork with clearance for a 48/31 crank. That’s pretty impressive.
Reply With Quote
  #15  
Old 04-18-2024, 10:06 AM
benb benb is offline
Senior Member
 
Join Date: Apr 2007
Location: Eastern MA
Posts: 9,857
I really want to hear about the bike companies that didn't ring up Taiwan and order way too many bikes in the middle of the pandemic and then end up in this situation.

Is it just the companies that actually still make their own bikes who didn't fall into this?

Like when you just call Taiwan and say make us bikes it's so easy you don't think about it ahead of time whereas any manager who actually has a factory realizes they shouldn't expand the factory 4x and hire 4x the workers just cause you couldn't make enough bikes in 2020?

Are there any boutique builders or factories the size of Seven, Moots, IF, etc.. who are in trouble?
Reply With Quote
Reply


Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 08:24 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2024, vBulletin Solutions, Inc.