Thursday, May 25, 2017

End of Schwinn

Why Schwinn closed in 2001 as told by former Schwinn employee Mark Rhomberg: 

GT was not the end of Schwinn. The end was a simple mistake by the European division, they oversold to Europe (ordered too much product) and the company could not pay for the product ordered, the banks then called in their loans.

No comments:

Post a Comment

Vacuum Bleeding a Shock

WARNING: ALWAYS WEAR EYE PROTECTION. I’ve had suspension fluid sprayed in my eyes and it sucks. It can happen even if you do everything righ...