Author Topic: Wiggle/Chain Reaction Filing For Bankruptcy? - Sale On Everything  (Read 874 times)

patliean1

This would be my selections if I was confident they are still fulfilling orders. I've always had great experiences with Wiggle and their Prime products.

https://www.chainreactioncycles.com/us/p/prime-primavera-56-carbon-disc-wheelset

https://www.chainreactioncycles.com/us/p/prime-primavera-aero-carbon-road-handlebar



Tijoe

Re: Wiggle/Chain Reaction Filing For Bankruptcy? - Sale On Everything
« Reply #1 on: October 20, 2023, 09:55:27 AM »
Hopefully they have some wiggle-room to restructure....

bremerradkurier

Re: Wiggle/Chain Reaction Filing For Bankruptcy? - Sale On Everything
« Reply #2 on: October 20, 2023, 02:30:48 PM »
Serves them right for refusing to sell Shimano and SRAM components to the US.

Sakizashi

Re: Wiggle/Chain Reaction Filing For Bankruptcy? - Sale On Everything
« Reply #3 on: October 20, 2023, 02:56:47 PM »
https://road.cc/content/news/wiggle-reportedly-heading-towards-administration-304591

To answer the question, they are headed towards the equivalent of chapter 11 after their PE owner pulled their funding commitment. They likely need to clear inventory off the books to try and find a new source of funding. I would use a credit card you feel comfortable doing a chargeback on.

This is the part I have my eye on. Should be ~150g
https://www.chainreactioncycles.com/us/p/prime-primavera-x-light-pro-carbon-handlebar?color=black&roadHandlebarWidths=36cm

Vipassana

Re: Wiggle/Chain Reaction Filing For Bankruptcy? - Sale On Everything
« Reply #4 on: October 20, 2023, 03:38:23 PM »
Serves them right for refusing to sell Shimano and SRAM components to the US.

They are legally prevented from doing so by agreements with Shimano and SRAM. This is not uncommon in the industry. It allows the companies to have differential pricing depending on the market. And big surprise, the US is one of the most expensive.

When I built my last bike in 2014, it wasn't stringently enforced and I was able to order full group sets from Europe without much trouble. But a lot has changed in the last decade.

They've even worked to curtail the eBay sellers to an extent.

PLA

Re: Wiggle/Chain Reaction Filing For Bankruptcy? - Sale On Everything
« Reply #5 on: October 20, 2023, 11:39:10 PM »
Serves them right for refusing to sell Shimano and SRAM components to the US.

You're right, they deserve to go bankrupt for honouring their agreement with sram and shimano. 
It’s so clearly a LARP of an aero bike.

s3si1u

Re: Wiggle/Chain Reaction Filing For Bankruptcy? - Sale On Everything
« Reply #6 on: October 21, 2023, 04:04:36 AM »
This would be my selections if I was confident they are still fulfilling orders. I've always had great experiences with Wiggle and their Prime products.

https://www.chainreactioncycles.com/us/p/prime-primavera-56-carbon-disc-wheelset

https://www.chainreactioncycles.com/us/p/prime-primavera-aero-carbon-road-handlebar

I ordered a handful of accessories and a set of gravel tires, lol. I'll take my chances for $75, we'll see what happens.  ;D
Instagram: @aerosloth

Noladutch

Re: Wiggle/Chain Reaction Filing For Bankruptcy? - Sale On Everything
« Reply #7 on: October 21, 2023, 07:59:46 PM »
Yeah they have a few things at great prices like ragley frames at 50% off.

Just noticed a bit late my size sold out quickly in the trig. Great price for what it is.

So if you are small or tall they have good deals