Tag Archives: data

61% of consumers ‘concerned’ about safety of high street shopping

New research conducted by retail analysts, Maybe* at the start of December has suggested that nearly two-thirds of shoppers are still concerned about the safety of shopping on their local high street during the festive period. The survey, which had 2,000 respondents, found that 61% of participants were concerned about …

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UK sees 82% rise in outdoor activity in Strava’s Year in Sport report

Strava has launched its annual Year in Sport report, revealing the 2020 activity trends from over 73 million global athletes. The report maps out the biggest trends in sport, this year revealing how the pandemic has shaped and defined people’s active lives. Strava’s platform – which records 21.5 million uploads …

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TfL data shows ‘significant’ increase in cycling since pandemic began

TfL has published new data that shows a ‘significant’ increase in walking and cycling in the capital since the COVID-19 pandemic began. Following the Government’s advice in March for people to stay at home and stop non-essential social contact, Londoners were advised by the Government not to use public transport …

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UK cycling market set to be worth £2.2 billion by end of 2020

The BA has released a new ‘COVID Impact’ report on the UK cycling economy, covering sales from January to October 2020. This follows its publication in June of a baseline report on the UK cycling sector, which provided accurate and granular sales data for calendar years 2018 and 2019. Both …

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Science in Sport set for 51% online sales growth in 2020

Science in Sport has issued an update on trading for the current financial year, reporting continued momentum in its online business and ‘substantial’ improvements in gross margin. Online channels continue to perform ‘very strongly’, it said, and this has offset some of the downturn caused in the retail channels by …

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Bike sales forecasted to grow up to 30 million per year by 2030

Europeans are expected to buy an extra ten million bikes per year by 2030, 47% more than the annual number in 2019, a new forecast from CIE, CONEBI and ECF has shown. The 30 million per year total will take bike sales to more than twice the number of passenger …

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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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