When the Coronavirus Pandemic is Over
The pandemic has changed many facets of life. How has it affected the gear industry?
When we were making our business plans in 2019, the thought of a pandemic was never a consideration. Business leaders and CEOs were looking at their sales and marketing data and the forecasts revealed the economy should continue to grow, albeit at a slow rate. This combined with a presidential election occurring in the latter part of 2020 gave CFOs a signal to maintain current investments but to refrain from starting new projects. Little did any of them know what was about to occur.
