Raleigh and QXL.com

Theres a two page interview with Jim Rose in our April mag (due out tomorrow). Rose is the CEO of QXL.com, the auction site. In this interview (also available elsewhere on this site) Rose waxes lyrical about securing Raleigh bikes for sale. Today we were told that Raleigh has ceased to supply QXL...
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Readers of the print BikeBiz should note that Raleigh will no longer be supplying QXL.com.

Dave MacArthur told BikeBiz today that the QXL.com deal was a mistake.

It was an error by [the same account manager who exceeded his authority over the 9feet.com agreement and has left the company]. It should have just been a Maxlite clearance deal but turned into more than that.

PS

Raleigh reports a sales increase of 6 percent for 1999, with a last minute dash resulting in a 15 percent jump in the fourth quarter alone. More figures when we get the full results from US-based Derby Corporation, owners of Raleigh.

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