Kona Bicycles winding down and up for sale
Days after staff were spotted taking the brand’s stall down at the Sea Otter Classic, extensive job cuts have been reported – though one UK distributor says they will continue to import Kona stock, less than 24 hours after setting it up, Kona Bicycles has been put up for sale by its parent company, amid reports of a winding down process and extensive job cuts.
> “You have to dig in for the next three to five years”: What lies ahead for a struggling bike industry in 2024? The writing on the wall for Kona – founded in Vancouver in 1988 by Dan Gerhard, Jake Heilbron, and Jimbo Holmstrom and famous for its mountain and cyclocross bikes – was clearly evident at the Sea Otter Classic, a major bicycle industry expo in Monterey, California on Wednesday, when staff members were spotted taking down the brand’s stall after one day before leaving the event.
And, despite reports that the brand is being wound down, Lancashire-based distributor Mount Green Cycles has told its dealers that it continues to import and distribute Kona bikes into the UK market – “while stocks last” – with owner Scott Taylor pinning the blame for the manufacturer’s current troubles on Kent Outdoors’ policies and decisions, and not Kona’s bike sales or the cycling market in general.
Taylor added that he intends to satisfy that demand by moving some of the stock currently sitting in factories into the UK. Therefore, Taylor claims that, until a buyer is found at least, UK customers should still be able to buy Kona bikes with full warranty even if the brand shuts down completely in the near future.We’ve noticed you’re using an ad blocker. If you like road.cc, but you don’t like ads, please consider subscribing to the site to support us directly.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Still No Answer from Kona Bicycles as Brand’s Future is the Talk of Sea OtterStill no word on Kona's future as the legendary brand is missing from Sea Otter. But the parent company does have a new CFO...
Read more »
Donate to Win This Year’s Paul Comp Wild Sierra Roamer by HotSalad BicyclesThe Paul Comp/Sierra Nevada bike for SOC is a beautiful, one-off steed by HotSalad Bicycles that can be won if you donate!
Read more »
Kona Ouroboros Is Built Around MTB Components for Hardcore AdventuringBe ready for any adventure with the new Kona Ouroboros – a bike somewhere between the lines of gravel and XC
Read more »
Fears for future of Kona Bikes as brand pulls out of major cycle show amid talk of "company meeting" todayKona uncertainty as bike brand pulls out of major expo
Read more »
Trek’s New Wahoo Path Hybrid Kids Line Helps Create Life-Long Bicycle RidersNews out of Waterloo, Wisconsin, Trek Bicycles has launched a new line of bikes, just for the kids, the new Wahoo Path line of kids' bikes.
Read more »
Xbox Game Pass adds two more games todayXbox Game Pass adds Kona and Botany Manor today for console and PC, offering players interactive adventuring and relaxing plant-filled puzzling fun.
Read more »