Tag Archives: sales

Dorel Sports has delivered its eighth consecutive quarter of revenue growth, with first-quarter revenue increasing to $270.3 million – an increase of $82.1 million or 43.6% from $188.2 million last year. The demand for bicycles continued ‘unabated’, said the company, as people continue to choose cycling for physical activity and …

The cycling market was valued at £2.31 billion in 2020, an increase of 45% vs 2019, the BA has revealed in a new impact report. Building On The Boom: The UK Cycling Market in 2020 and Beyond was produced using data from the BA’s Market Data Service (MDS), powered by …

The Thule Group has presented new long-term financial goals and sustainability ambitions, in connection with its presentation of Q1’s financial results. Net sales for the first quarter of 2021 amounted to SEK 2,538m (1,744), corresponding to an increase of 45.5%. Adjusted for exchange rate fluctuations, sales increased 56%. Operating income …

Wiggle has reported an uplift in sales across its fitness categories, including a 138% increase in bike sales year-on-year. The data has revealed that consumers may be considering swapping their public transport commute to work for cycling as a healthier, socially distanced option, with Wiggle seeing interest in bikes increasing …

A recent survey undertaken by the ACT amongst IBDs shows an increase in both new and returning customers in December 2020 in comparison to 2019...

Shimano has reported an increase in sales for the fiscal year 2020, with net sales increasing 4.1% from the previous year. Net sales from the bicycle components segment increased 2.7% from the previous year to 297,777 million yen, and operating income increased by 18.4% to 68,494 million yen, the company …

Restrap has secured a number of new exclusive distribution partnerships, after seeing sales growth of over 300% across all categories. “We know the concept of bike packing is new to the market in many countries,” said international sales director Edward Kingston, “but there is an established MTB and road cycling …

E-bike brand HNF Nicolai has reported a 103% growth in sales during the 2020 calendar year, compared with the previous 12 months. Michael Hecken, chief sales and marketing officer of HNF, said HNF and Hero International’s joint strategy of working with independent bike dealers is paying off with more than …

The Association of Cycle Traders (ACT) has reported an increase in both new and returning customers in December 2020 among IBDs, in comparison to 2019. The survey was part of an IRC initiative, where retail feedback is collected by a number of trade organisations for Government lobbying to the benefit …

Halfords has reported cycling LFL growth of 35.4% in its Q3 trading update, covering the 13 weeks to 1st January 2021. This was driven by continued strength in adult mechanical, e-bikes and e-scooters, despite global container shortages and port congestion impacting availability. The retailer’s performance cycling business Tredz continued to …