These Brands Are Closing Down And We Are Not Ready For It

Performance Bicycle

To cyclists, this is bad news since the country’s largest bicycle distributor closed for good. All 104 shops were shut down, with the last shut on 2 March. Last fall, Advanced Sports Enterprises ‘parent company lodged a bankruptcy proposal. Next, it expected that, by renegotiation of its contracts, it would save at least 50% of the bike store locations. Yet eventually, it had to fold and close the company down.

Performance Bicycle