Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Does the current state of the world economy add an element of pressure?

0
Posted

Does the current state of the world economy add an element of pressure?

0

I wouldn’t say that much, for our product range. Of course it always does and it’s nicer when there’s a great world economy, but you buy our products because you want to do something, not because you need to. That means that many of the people who buy these products are saying, ‘I still want to have fun in life; I might cut back a little, but I do want to go out and bike or take that trip’. So we haven’t taken the same hit as other types of companies in the downturn of the economy. Thule were showing off their new luggage at this year’s Sea Otter Classic Tell us a bit about Thule’s foray into luggage … For years we’ve had consumers asking why we don’t make solutions for travel, especially since they’re already using so many Thule products. When we acquired Case Logic we gained a competence that we didn’t have. We weren’t strong on the soft-sided goods, we weren’t strong on fabrics and we didn’t know how to play that side as well. We were very good at metal and plastics. We gained thi

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123