It is Friday, and I am still not sure why there is dearth of publications covering the movements between RevZilla and Cycle Gear. The largest brick-and-mortar motorcycle retail chain, and the most influential online retailer in our industry have just come together under one roof. Boom goes the dynamite.
Intonations of this deal have been in the news space for almost a week now, and by my last count, outside of our coverage here on Asphalt & Rubber, there has only been Motorcyclist’s rehashing of RevZilla’s press release, this 64-word story by PowerSports Business, and RevZilla’s self-published letter on the topic, by CEO Anthony Bucci.
If that doesn’t say something about the current state of moto-journalism, then I don’t know what does. It is a topic worthy of its own story, but that will have to wait for another day. Instead, I am here to talk to you about business, millennials, and future of consumerism.
You have to love labor unions sometimes. Faced with the prospect of being completely out of work, the labor union negotiators have rejected a proposal from Paolo Berlusconi that would save Moto Morini from going completely out of business. Of course us Americans can relate to this plight, as we just recently watched the UAW try to pull the same tactic while the US automotive industry crumbled around them. The blocked agreement is obviously bad news for Moto Morini, but Berlesconi is likely not done pursuing the troubled Italian manufacturer.