Scott Sports reported that thieves broke into the warehouse at its headquarters in Givisiez, Switzerland June 1 and stole about $1 million worth of high-end bikes.
Scott Sports, which oversees substantial U.S. operations from its U.S. subsidiary in Salt Lake City, reports that the thieves gained access to the warehouse despite an active burglar alarm and without attracting attention. They stole a large number of expensive Model Year 2014 road and mountain bikes as well as several Model Year 2015 samples that have not yet been introduced to the market. The thieves then stole a truck from an adjacent company to transport the bikes.
The company estimates about 200 bikes with an average retail value of 4’500CHF ($5,000) were taken.
“As a consequence, Scott Sports SA faces substantial financial damage that amounts to almost 1 million Swiss Francs,” said Scott Sports Vice President Pascal Ducrot. “It is a sad truth that the bicycling industry, be it retailers, manufacturers or professional teams, have been victim of recurrent, severe burglaries causing extensive financial damage during the past few years.”
