Friday, 29 March 2024
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U.S. BMX retail giant Dan’s Comp sells to new owner

BMXUnion.com is reporting that U.S. mail order giant Dan’s Comp, a specialist in BMX products, has sold its business to AMain.com Inc.

According to the statement issued by AMain.com, the aim is to restructure the business having bought certain assets and move the warehousing to both California and North Carolina to better serve the market with faster delivery. Orders will now be taken seven days a week and will reach 90% of customers inside three days. Previously the business operated out of Indiana.

Moving forwards the business will cater for both the race and freestyle BMX segments, with stock expected before the 2020 season gets underway.

Making the decision during the summer to identify someone to carry on the legacy of Dan’s Comp was a difficult decision for XP Innovations owners, who were also some of the longest tenured employees of Dan’s,” stated a release from the former owners.

“Although multiple parties expressed interest, they chose to leave the brand in the hands of AMain as it was important to them that the new owners were vested in the industry and had a passion for BMX. Over the last several years, AMain.com, the parent company of Performance Bike, Bike Nashbar and AMain Cycling, has proudly supported a national level BMX Race Team, local racers of Silver Dollar BMX, and were instrumental in the construction of Chico’s public pump track.”

All current customers of Dan’s will be enrolled through 2020 as Platinum members in Dan’s VIP program to receive rush order processing, extended return windows and the highest level of rewards. Any customer reported to have an unfulfilled order as of October 5, 2019 will be issued store credit to be used on any of AMain’s family of sites or in one of their retail locations.

“BMX is a sport our employees and their families have been participating in for a very long time. The Dan’s Comp brand is respected and well known all over the world and we’re excited to continue serving this segment of the industry.” added Kendall Bennett, AMain’s CEO.

“A revamped website will be up and running in the coming days and we are hard at work onboarding brands and processing existing freestyle inventory from Indiana to pair with race products from Supercross, Box, Tangent and others that were recently acquired from WPS, who announced their departure from BMX distribution just a few months ago.” 

Related: What to expect from the BMX market this year, according to the experts.