Tag Archives: bike sales

Cowboy e-bike sales surge by 230%

Cowboy’s e-bike sales have grown by 230% from January to April 2020, compared to the same time period last year. The company also reached one million kilometres covered in April, an increase of 800% year on year. Adrien Roose, CEO, Cowboy, said: “We’ve always felt that urban mobility was due …

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Shimano reports 15% decrease in bike sales in Q1

Shimano has released its latest summary of financial results, running from 1st January 2020 to 31st March 2020. It revealed that its net sales from the bicycle components segment decreased 15.4% from the same period of the previous year to 58,868 million yen, and operating income decreased 26.1% to 10,298 …

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Raleigh sees “record-breaking” online sales

Raleigh has experienced “record-breaking” online sales over the past two weeks as consumers head online to purchase bicycles as COVID-19 lockdown continues. With the Easter Holidays only days away, Raleigh is experiencing a surge in the demand for kids bikes and kids seats for the back of their parents’ bikes. …

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Swedish e-bike sales remain high despite Government ceasing subsidy scheme

E-bikes sales in Sweden remain at an “unexpectedly” high level despite the Government stopping its subsidy scheme, reports Bike Europe. Sales fell by 16.5% in the September 2018 to August 2019 period, reaching 86,000 compared to 103,000 the year before, according to data provided by the Swedish industry association Cykelbranschen. …

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