March 29, 2021

Indian & World Live Breaking News Coverage And Updates

Indian & World Live Breaking News Coverage And Updates

Edmonton bike industry experiencing ‘overload of demand’

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The past 12 months have been record-breaking for the bike industry around the world, including in Edmonton.

“There definitely is an overload of demand,” said Mud, Sweat & Gears owner Paul Burgess.

“Basically, anything to do with bikes is hard to come by.”

Mud, Sweat & Gears opened a new location in south Edmonton about a week ago.

Burgess said the pandemic has introduced many new people to cycling.

“A lot of people that couldn’t get a bike last year — because of the sellout — are in very early this year to make sure they got a bike,” he explained.

“It’s been busy basically all winter.”

Supply, however, has been drained, according to Burgess, and factory capacity to build supply can’t keep up with demand.

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“It’s really tricky forecasting and buying. We’re now purchasing product 18 months out to make sure we get it in time,” he said.

It’s a similar situation at United Sport and Cycle.

“There’s not a whole lot to be found,” general manager Kelly Hodgson said.

Right now, between adult and kids bikes, the store has a few hundred in stock.

“This time of year — we are heading into spring break — we’d normally have a couple [thousand] or 3,000 bikes in stock, and the floor would be covered with bikes,” Hodgson explained.

“There was no off-season for biking this year because this trend of not having enough bikes to sell started last year right at the start of COVID.”

The supply and demand issue is not expected to catch up any time soon, according to Hodgson.

“There’s a big desire for people to ride bikes right now probably more so than ever in my lifetime,” Hodgson said.

“We forecast this bike trend to still go on for another 18 to 24 months yet.”

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In the meantime, if you are looking to get a new bike, be patient.

“Everyone in the bike industry — any shop — we are all doing the best we can,” Burgess said.




© 2021 Global News, a division of Corus Entertainment Inc.





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