Performance Bike Owner ASE Files for Chapter 11
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  1. #1
    Reputation: SauronHimself's Avatar
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    Nov 2012

    Performance Bike Owner ASE Files for Chapter 11

    "Advanced Sports Enterprises (ASE), the parent company of retail chain Performance Bicycle, as well as bike brands Fuji, Kestrel, and Breezer Bikes, has filed for Chapter 11 bankruptcy, the company confirmed Friday.

    ASE was formed in August 2016 when Advanced Sports International merged with Performance Bicycle. The company also owns Bike Nashbar, SE, and Tuesday Cycles

    Performance Bicycle is a chain of 104 bike shops throughout the U.S. According to a report by Bicycle Retailer and Industry News, the bankruptcy filing may force ASE to close 40 of those retail locations, given that its retail business has been in decline."
    Ghurarmu shirkush’ agh azgushu. Zant ya apakurizak. Gűl-n’ anakhizak.

  2. #2
    Russian Troll Farmer
    Reputation: No Time Toulouse's Avatar
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    Sep 2016
    Yes, we saw that in the other thread posted about 10 hours earlier....
    "L'enfer, c'est les autres"

  3. #3
    RoadBikeReview Member
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    Nov 2013

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