PeterUK_IHB
New member
From Competitive Cyclist...
Bike Industry Business School, Credit Crunch Edition
- Look at a line graph tracking the Euro to US Dollar conversion since late 2005 and it looks like a map of a mountaintop stage at le Tour. It stabs up and up, with only the occasional downward tease. For 3 years it's been the financial equivalent of a leg-and-lung crushing attack-fest up the Tourmalet. We've gone from 1 EUR = 1.15 USD to upwards of 1 EUR = 1.6+ USD. The net impact to us as a retailer, and to you as a consumer, is pretty simple to assess: Prices have gone out the roof. Where they hurt the worst are in European-manufactured products. To paraphrase Phil and Paul -- the price spikes have come thick and fast.
<a href="http://www.competitivecyclist.com/za/CCY?PAGE=WHATS_NEW">More.....</a>
Bike Industry Business School, Credit Crunch Edition
- Look at a line graph tracking the Euro to US Dollar conversion since late 2005 and it looks like a map of a mountaintop stage at le Tour. It stabs up and up, with only the occasional downward tease. For 3 years it's been the financial equivalent of a leg-and-lung crushing attack-fest up the Tourmalet. We've gone from 1 EUR = 1.15 USD to upwards of 1 EUR = 1.6+ USD. The net impact to us as a retailer, and to you as a consumer, is pretty simple to assess: Prices have gone out the roof. Where they hurt the worst are in European-manufactured products. To paraphrase Phil and Paul -- the price spikes have come thick and fast.
<a href="http://www.competitivecyclist.com/za/CCY?PAGE=WHATS_NEW">More.....</a>
