diversifying the breadth of its offerings to better support athletes and fitness enthusiasts.
This seems to me like the cause of their troubles, buying speedplay and developing virtual platforms etc. Surely they should focus on the core products again?
It seem slike Wahoo have been saved for now with an injection of cash from investors:
https://www.bicycleretailer.com/industry-news/2023/05/17/wahoo-eliminates-all-debt-recapitalization#.ZGTpZHaxUQ8
This seems to me like the cause of their troubles, buying speedplay and developing virtual platforms etc. Surely they should focus on the core products again?