News

31-07-2012 Hein Gericke (UK) go bust

We've just heard that another titan of the British motorcycle industry has gone bust.
Hein Gericke (UK), whose head office is in Harrogate, saw Moorfields Corporate Recovery move in as administrators yesterday.
Moorfields are hoping to sell the company, which is separate from the German parent, but which last year lost £1.3 million.
At this stage it's not certain what will happen to the 49 stores that exist in the UK and of course the staff employed who make their living from motorcycling.
The wider economic conditions aside, one must ask how the fall in those accessing motorcycling through our new convoluted testing and training regime may have contributed to this.
It was at the start of the summer that the George White chain of shops closed and the end of last year when that other famous brand, Frank Thomas, folded.

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