Wondering how your country’s fitness equipment industry is going.
I’m in Australia and there’s talk of starting to reverse restrictions over time now. Could mean a few months until gyms open I dunno. In the mean time and over the last few months demand has skyrocketed, theres 10x regular business, stock is sold out and fulfilment of orders is weeks behind.
Equipment suppliers here seem to have the greatest opportunity ever but seem to be a little slow on taking advantage. Restocks are slow and in a few months demand might be completely different. Some companies that usually don’t sell equipment are just recently starting to offer racks, weights etc. for the first time but they come in stock in a few months also. Could a company be in the unlucky position of having restocked lots just as demand drops?
Facebook marketplace is full of price gouging with 2nd hand weight plates going for at least double retail price for new stuff. I hope no one is actually buying it.
I’m looking forward to picking up some bargains on the other side of this.
Stay safe everyone.