[CR]Re: Schwinn heritage & future

(Example: Bike Shops:R.E.W. Reynolds)

From: <OROBOYZ@aol.com>
Date: Fri, 20 Jul 2001 09:37:47 EDT
To: rabbitman@mindspring.com, classicrendezvous@bikelist.org
Subject: [CR]Re: Schwinn heritage & future

I was never a Schwinn dealer but always had a respect for their standards and the fact that the Total Concept Schwinn Stores of the 1950s & 60s set the stage for modern, non-lawnmower repair & scissors sharpening bikes shops of earlier years..

That tradition has been pretty much defunct for 10 years or more now... and the Huffy purchase is just another episode in the decline of the Marque, which is paralleled by the decline of Raleigh in the UK.

Question though.. I called Schwinn-GT yesterday to find the whereabouts of a warranty frame and was told by the warranty guy that he couldn't ship anything out because Schwinn-GT had just declared Chapter 11 Bankruptcy on Monday, July 16... How could that be? How can a company be sold and be bankrupt?

Dale Brown
Greensboro, North Carolina