GEARS : Toronto Leaside : CLOSED AS OF MARCH 2021
Given the current conditions within the bicycle retail world brought on by COVID-19; global industry infrastructure challenges and an anticipated lack of supply for the next 12 to 18 months, we needed to make a business decision to secure our future. This was not a decision taken lightly, but given the current state of the cycling industry, this was a logical choice we made to protect our staff and business.
For all our loyal and long-standing MGCC customers and Brand Ambassador, please know that we have your best interests in mind as we wind-down this operation. Our partnered cycling clubs and the extended cycling community are vital components of our brand and success. At GEARS we are looking at this decision as a way to hit “re-set” during these most unusual and challenging times. This consolidation of resources has been designed to let us ride-out the next 12 months and adapt our business accordingly… and come out the other side stronger and more capable than ever before.
Please know that as we continue moving forward, we’ll keep you informed and up to date on this action. There are some very interesting opportunities on the horizon for GEARS and we can’t wait to share this with you. Just remember… when one door closes, a new window of opportunity opens.