YT Industries Issues An Apology And Update For Those Affected By Restructuring
Briefly

YT Industries has announced a legal restructuring to secure its future, impacting its European operations while reportedly leaving the U.S. branch unaffected. Despite claims of business continuity, many customers have experienced holds on pending orders without refunds. The situation has sparked significant online frustration, as customers view YT's ongoing product launches, like the new Decoy eMTB, as inconsiderate amidst the turmoil. An attempt at customer reassurance was made with a recent Instagram statement, though it remains unclear when issues will be resolved and the trust rebuilt.
YT Industries announced entering into a legal restructuring process to reorganize and secure the company’s future, impacting its European operations. Customers faced order delays and unpaid refunds.
Despite moving forward with business operations such as launching the new Decoy eMTB, many customers expressed frustration online due to pending orders and refunds that were not completed.
YT issued a statement on Instagram to apologize and reassure customers that they are actively attempting to remedy the situation, although it remains uncertain when it will be resolved.
The company’s restructuring has caused significant dissatisfaction among consumers, leading to concerns about the future of YT Industries and its ability to regain consumer confidence.
Read at Bikerumor
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