Tag Archives: data

Halfords sees strong cycling revenue growth in H1 as e-mobility rises 184%

Halfords has reported strong cycling revenue growth through H1, finishing at 54.4% LFL. E-mobility rose by 184% and cycle services 24%, the retailer announced in its interim results for the 26 weeks to 2nd October. The retailer saw group revenue growth of 9.6% and profit before tax of £56 million. …

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Accell Group sees sales rise 38% in last four months

The Accell Group has reported ‘very strong’ net sales from July till October, with a 38% increase versus the same period last year. This brings YTD net sales growth to 16%. Consequently, the group has revised its guidance upwards and is now expecting EBIT for 2020 to exceed prior-year EBIT. …

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Dorel Sports reports continued growth, new pandemic wave expected to impact Q4

Dorel Sports has seen its sixth consecutive quarter of revenue growth, with third-quarter revenue at $305.6 million, an increase of 22.1%. The continuing record demand for bicycles throughout the summer drove another quarter of ‘substantial’ growth at the Cycling Sports Group (CSG) and Pacific Cycle divisions. Caloi’s revenue increased in …

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Thule Group sees 52% currency-adjusted growth in Q3

The Thule Group has reported currency-adjusted growth of 52% for the third quarter of 2020. This means the group has achieved a currency-adjusted sales increase of 7% for the first nine months of the year, said CEO and president Magnus Welander. Net sales for the quarter amounted to SEK 2,436 …

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September sees “big improvement” in retail sales growth

The BRC has released figures covering the five weeks from 30th August-3rd October 2020, showing a sales increase of 5.6% on a total basis. In September, UK retail sales increased 6.1% on a like-for-like basis from September 2019, when they had decreased 1.3% from the preceding year. Over the three …

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UK footfall decreases by 30% in September

UK footfall decreased by 30.1% year-on-year in September, according to BRC-ShopperTrak data. This was only a 4.7 percentage point improvement from August and remains below the longer-term 12-month average decline of 30.3%. Footfall on high streets declined by 36.9% year-on-year. They were the most negatively affected location in September, again …

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Cycling now UK’s “favourite form of transport” as bike commuters rise by 38%

A new study by GoCompare has analysed Government transport data to find the safest forms of travel that the UK are choosing to use during the COVID-19 pandemic. The data revealed that the London Underground has seen the biggest loss of passengers and revenue, as the number of commuters drops …

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Supersapiens partners with INEOS Grenadiers

Sports technology company Supersapiens is partnering with the INEOS Grenadiers team as part of an initiative that will allow its athletes to have real-time glucose visibility through the Abbott Libre Sense Glucose Sport Biosensor. “Sir Dave Brailsford has a proven track record showing attention to detail delivers results,” said Phil …

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Halfords forecasts H1 pre-tax profits of £55 million as cycling momentum continues

Halfords has reported continued growth in cycling, up 46% like-for-like in the five-week period to 25th September. H1 profit before tax is expected to be in excess of £55 million, as a result of the momentum in cycling and motoring products and services. The retailer’s 20-week trading update on 8th …

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