Farewell Race Face- Mtbr.com
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  1. #1

  2. #2
    namagomi
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    No way...

  3. #3
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    Full details will be out on Monday apparentely.

  4. #4
    namagomi
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    Too bad, they had some nice products.

  5. #5
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    Sucks big ones. I LOVE their stuff.
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  6. #6
    bi-winning
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    I just heard about this. I was surprised. I liked their logo.
    When under pressure, your level of performance will sink to your level of preparation.

  7. #7
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    That would explain why their chain rings (that i absolutely LOVE and have been using on my bikes for ever) have been out of stock and back ordered everywhere.
    sad day .I loved Race Face .Great Canadian company!
    I will be searching in my tool chest drawer and pulling out my Race Face sew-on patch from the early 90's and sewing it onto something out of respect .
    FAT since 09.
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  8. #8
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    I wonder if it had anything to do with Lambert not distributing them anymore. Another argument for us to get rid of the distributors in Canada.

  9. #9
    ...i'm just big boned
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    Bye Bye to more great Canadian stuff!
    O' Canada . . . True North Strong and Free!
    Former LBS manager and wrench.

  10. #10
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    Quote Originally Posted by Braids
    I wonder if it had anything to do with Lambert not distributing them anymore. Another argument for us to get rid of the distributors in Canada.
    Maybe it had something to do with MEC distributing them. Maybe we should get rid of MEC.

    (I don't really believe this, but MEC is the only reason Lambert dropped them)

    Also, losing the entire Canadian market is kinda like a 10% drop in US sales, so I doubt it would have killed the company.

  11. #11
    Moderator Moderator
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    Bummer ........ their stuff was bulletproof

  12. #12
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    Quote Originally Posted by Braids
    I wonder if it had anything to do with Lambert not distributing them anymore. Another argument for us to get rid of the distributors in Canada.
    Lambert stopped Selling RF because RF went behind their back and started selling to MEC directly. It's not very smart to go into competition with your customer. Lambert was buying from RF and distributing for them. By selling to MEC directly RF was competing with lambert.

  13. #13
    sock puppet
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    it is distributors like Lambert

    that drive prices through the roof. Why wouldn't RF or anyone else for that matter be able to sell directly to retailers and save a couple of bucks?

    It is too bad that if anyone goes bankrupt - the distributors will go the last, if at all, as they have few brands to suck on...

    I do agree with VY - Canadian market doesn't mean much to RF, compared to USA. Lambert can not be the sole reason...

    I love RF. We will miss them, for sure.



    Quote Originally Posted by Dover
    Lambert stopped Selling RF because RF went behind their back and started selling to MEC directly. It's not very smart to go into competition with your customer. Lambert was buying from RF and distributing for them. By selling to MEC directly RF was competing with lambert.

  14. #14
    GAME ON!
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    so will resale price go up because of rarity?

  15. #15
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    Quote Originally Posted by veteran_youth
    Maybe it had something to do with MEC distributing them. Maybe we should get rid of MEC.

    (I don't really believe this, but MEC is the only reason Lambert dropped them)

    Also, losing the entire Canadian market is kinda like a 10% drop in US sales, so I doubt it would have killed the company.
    I don't think MEC acted as a middle man and set prices at prices at levels that would encourage people to buy from online stores from the US like most Canadian distributors do. I could be wrong, but looking at MEC's prices I don't think I am.

    10% of sales could have been all it took.

    Anyway, it I think we'll hear more next week on what really happened at RF.

  16. #16
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    Quote Originally Posted by veteran_youth
    Maybe it had something to do with MEC distributing them. Maybe we should get rid of MEC.

    (I don't really believe this, but MEC is the only reason Lambert dropped them)

    Also, losing the entire Canadian market is kinda like a 10% drop in US sales, so I doubt it would have killed the company.
    It had nothing to do with the MEC deal. There was a lot of other factors.

  17. #17
    Lemmy Rules!
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    I guess making chain rings and bottom brackets that last three times as long as the competition's is not a sustainable business model. Too bad.
    Strava made me do it....

  18. #18
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    Quote Originally Posted by Unglued
    I guess making chain rings and bottom brackets that last three times as long as the competition's is not a sustainable business model. Too bad.

    Yet Hope does this and they succeed. And all they do is CNC their own stuff that lasts forever it seems.

  19. #19
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  20. #20
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    Misfit should snap up their assets.

    Like On-One did to Titus.

    Cranks were high on the Misfit wishlist, I just know it.
    "I love being on a bike. It helps me feel free. I get it from my dad", by Guillaume Blanchet

  21. #21
    sock puppet
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    I am sure the Empire is finalizing this deal as we speak.

    BTW, how' ya doin' you old biatch Biggster? Still drinking yourself to death, thinking of the legendary days of MTBR Eastern Canada flame wars? Ain't no spice no more... eh?

  22. #22
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    Quote:
    Originally Posted by NoUseForAName View Post
    1: Losing Giants OEM business must have hurt like a son of a *****.
    2. Losing a massive chunk of LBS sales by trying to sell to MEC.

    Neither of these were factors at all. Sales were actually quite strong this year.

    This was posted on RM by JohnP.

    It really does suck I am going to have to order my turbine SL crank next week before they have no stock.
    I really hope somebody will step up and buy them so that at least the technology will continue.
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  23. #23
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    Someone will buy them. Syncros V2.0

  24. #24
    namagomi
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    If RF's deal with lambert was so good why did they leave? If anything lambert drove race face into the ground by artificially stagnating the market. Milked the cow to death.

    I also don't think the after-market local biz is some hot mover and shaker at all... selling to mec was probably a good idea in the face of controlling lambert.

    IF you want to blame somebody for companies dying, blame fat-cat middle men like lambert.

  25. #25
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    http://www.nsmb.com/4228-race-face-shuts-its-doors

    This effects far more then the fact we have bike parts and whether Cyclepath, Endurosport, Gears, or anyone else sold Race Face.

    http://bb.nsmb.com/showthread.php?t=140447&page=9

    Post #124,

    Just to clarify for people on the boards who don't know me.

    I was the production manager at RaceFace when the doors closed, I've been in the engineering/manufacturing business in the lower mainland for 11 years, I've only worked at RaceFace for 4 of those. I have a lot of contacts and depending on how Tuesday turns out, already have a new job. I'm not worried about my future, but ya, for a while there I had a dream job and it hurts to loose that.

    I'm depressed about what's happened to an iconic brand, but I feel worse about all of the other people at RaceFace I've worked with over these past 4 years. I don't think many of them are in the same boat as me, many of the employees of RaceFace were "bike people". If there were a dozen other manufacturers in the lower mainland that they could go apply at then I'm sure everything would work out just fine. But where will these people go? How many bike stores are hiring full time? How many websites need bike savvy people? How are our sales guys going to transfer into other industries (keep in mind some of these people have been doing bike stuff for years).

    People will probably stay in the industry, but they're going to have to re-locate. Some people will probably go back to their home countries. But that's sad too. People came to RaceFace to work in the bike industry. We had employees who moved here from the US, England, Ireland, Germany, Brazil, China, Taiwan and yes, even Toronto, just to name a few. I grew up in Pitt Meadows so it's no big deal. But these people have jumped through big hurdles to work at a bike parts factory. They're now marooned somewhat.

    I also feel terrible about what's going to happen to all the other businesses that are involved with RaceFace. RaceFace dealt with so many vendors, so many other suppliers. This fallout is going to effect businesses and jobs outside of RaceFace. People probably won't realize the impact this whole thing will have until months later when they can stand back and see the crater as a whole. RaceFace products weren't just Canadian, our aluminum came from the US and Austria. All of our composites came from the US. Our decals came from the US. The RaceFace Canadian made product would be more accurately described as "Machined in Canada" as a bulk of what went into one of our products was American. For everything we no longer buy, that's someone's paycheck gone.

    Not to mention all of the people in Taiwan. As much as people like to point the finger at China and Taiwan, keep in mind they're human beings with children and families too. Everyone in the bike industry has to deal with China and Taiwan nowadays, it's almost impossible not to. it's easier to consider Asian companies as gigantic faceless massive corporations. But most of the people who are doing the finger pointing have never been to any of these places. I write to a person when I'm e-mailing about QC issues. I talk to a person when I've got a question about a delivery date and I'm on the phone. Real people in Taiwan are going to be out of a job, no different than someone over here or in Europe.

    I feel bad that I won't be making bike parts anymore, but I'm lucky. I at least have options. Who knows, I could start up my own business someday and resurrect some of this spirit. (don't think I'm hinting at anything, I'm mortgaged up to my ass and have 2 kids. Something like that wouldn't happen for a looooooong time) But most of the other people at RaceFace probably don't have that option. Their end is much more final. It really, really sucks.
    Last edited by Enduramil; 03-12-2011 at 07:26 PM.

  26. #26
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    I'm going to miss their Next XL seatposts.

  27. #27
    bi-winning
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    Quote Originally Posted by Braids
    I'm going to miss their Next XL seatposts.
    Come to think of it, I don't think I've ever owned a RaceFace product.
    When under pressure, your level of performance will sink to your level of preparation.

  28. #28
    sock puppet
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    that is not acceptable.

  29. #29
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  30. #30
    Slick Rick
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    The doors of successful companies don't just get chained shut. Something was going on that not a lot of people knew about and it finally came back and bit them.

    MEC had nothing to do with it. Greed seems to be the factor here.
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  31. #31
    No. Just No.
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    Quote Originally Posted by stefanb
    The doors of successful companies don't just get chained shut. Something was going on that not a lot of people knew about and it finally came back and bit them.

    MEC had nothing to do with it. Greed seems to be the factor here.
    What? Inmates at K.P. were stamping out chainrings instead of licenses plates, with the administration pocketing the manufacturing revenue?

  32. #32
    ups and downs
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    From the Ridemonkey unsubstantiated rumour mill...

    "Business owner got a huge loan from the bank based on fraudulent inventory valuation statements. With the money, he paid himself a ridiculous wage: >$30k/mo. Bank auditors finally figured out what was up and shut the place down. He's facing a civil suit for the loan (over $3MM) as well as likely facing criminal charges."

    That would explain the sudden plug pulling when the biz seemed to be doing OK.
    I'm a member of NSMBA and IMBA Canada

  33. #33
    Evil Jr.
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    Quote Originally Posted by rockyuphill
    From the Ridemonkey unsubstantiated rumour mill...

    "Business owner got a huge loan from the bank based on fraudulent inventory valuation statements. With the money, he paid himself a ridiculous wage: >$30k/mo. Bank auditors finally figured out what was up and shut the place down. He's facing a civil suit for the loan (over $3MM) as well as likely facing criminal charges."

    That would explain the sudden plug pulling when the biz seemed to be doing OK.
    Ooh, that'd do it for sure.

    Happens a lot in my industry. You see the business owner tooling around in an S-Class while the factory is basically a dimly lit sweat shop. Then, the next thing you know, the bank chains the doors shut and all your inventory (and tooling) is still inside. Nice!
    Please enjoy seeing this terrible collection of me - something wonderful is about to happy.

  34. #34
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    Quote Originally Posted by garage monster
    Ooh, that'd do it for sure.

    Happens a lot in my industry. You see the business owner tooling around in an S-Class while the factory is basically a dimly lit sweat shop. Then, the next thing you know, the bank chains the doors shut and all your inventory (and tooling) is still inside. Nice!
    It's hilarious on western forums right now. Some are blaiming people who shop around for the best prices, discounts, or only buy online for the demise of Race Face.

  35. #35
    Evil Jr.
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    Quote Originally Posted by Enduramil
    It's hilarious on western forums right now. Some are blaiming people who shop around for the best prices, discounts, or only buy online for the demise of Race Face.
    Oh please Lord, spare us another LBS vs. on-line thread. I promise I'll be good...
    Please enjoy seeing this terrible collection of me - something wonderful is about to happy.

  36. #36
    No. Just No.
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    Quote Originally Posted by garage monster
    Oh please Lord, spare us another LBS vs. on-line thread. I promise I'll be good...
    I've got everything I need right here.

  37. #37
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    Quote Originally Posted by garage monster
    Oh please Lord, spare us another LBS vs. on-line thread. I promise I'll be good...
    Already had a foaming rant about that this morning.

    Stupidity + just waking up+ no caffine= very abrupt hostile response.

  38. #38
    sock puppet
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    Lol

    Quote Originally Posted by garage monster
    Oh please Lord, spare us another LBS vs. on-line thread. I promise I'll be good...
    However, electrik may do it just because...

  39. #39
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    Quote Originally Posted by osokolo
    However, electrik may do it just because...
    Let me go get warmed up here.

  40. #40
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    Quote Originally Posted by garage monster
    O
    Happens a lot in my industry. You see the business owner tooling around in an S-Class while the factory is basically a dimly lit sweat shop. Then, the next thing you know, the bank chains the doors shut and all your inventory (and tooling) is still inside. Nice!
    And what industry would that be?

  41. #41
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    Quote Originally Posted by garage monster
    Ooh, that'd do it for sure.

    Happens a lot in my industry. You see the business owner tooling around in an S-Class while the factory is basically a dimly lit sweat shop. Then, the next thing you know, the bank chains the doors shut and all your inventory (and tooling) is still inside. Nice!
    you gotta be union socialist

  42. #42
    namagomi
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    Quote Originally Posted by osokolo
    However, electrik may do it just because...


    Your obsession with me is becoming glaringly obvious. I may have to get a restraining order from the management...

  43. #43
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    http://bb.nsmb.com/showthread.php?t=140447&page=13

    From RF Jason,

    Monday morning all we got for a message was that we were all fired, that we wouldn't get our severance (just some employee protection package $3,400 max) and to GTFO.

    Then a bunch of us went to Ikea for a hearty $1 breakfast (which is all most of us can afford now), followed up with a couple runs down Seymour. That was the way RaceFace ended.

  44. #44
    Evil Jr.
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    Quote Originally Posted by 13pumps
    you gotta be union socialist
    lol, not quite. I'm the guy that tries to talk the bank into giving us back our tooling!
    Please enjoy seeing this terrible collection of me - something wonderful is about to happy.

  45. #45
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