Cycling Industry News
WEBRaleigh UK welcomes experienced trio of Regional Account Managers. Cycling Industry News is backed by decades of bike biz experience. Our team produces market reports, reports daily news and platforms thought leaders.
German bike market quadruples to €7 billion - Cycling Industry …
WEBMar 15, 2023 · German bike market quadruples in a decade to €7 billion. Wednesday, 15 March 2023 Jonathon Harker. Bicycle production in Germany hit an all-time high in 2022, with 2.6 million bicycles and e-bikes produced. Bicycle production was flat (900,000 units) while e-bikes continued their growth trajectory, up 20% to 1.72 million vehicles.
ZyroFisher gains £25 million lending facility - Cycling Industry News
WEBJan 11, 2023 · Cycling distribution giant ZyroFisher has gained a lending facility worth £25 million from Praetura Commercial Finance, money that will go toward bolstering the business as it takes a broader view on European trade.. With 28,500 lines of products on its books, all delivered from a 100,000 sq ft. warehouse in the North East, ZyroFisher has a substantial task supplying the cycle trade in the UK ...
Specialized acquires UK retail chain Rutland Cycling
WEBAug 1, 2022 · Specialized UK has acquired the Rutland Cycling bicycle retail chain, which has 12 stores in the Midlands, a noteworthy online presence and is currently home to numerous top-tier bike brands, CyclingIndustry.News has learned. Simon Homer, Managing Director of Specialized UK said: “Bringing Rutland …
ExtraEnergy maps the market share of the e-Bike Biz - Cycling …
WEBOct 25, 2019 · In 2018 bikes classed as pedelecs rose to 409,400 units sold, a 38% rise on the prior year. As reported earlier on CI.N, the annual global value forecast for the segment is surging at a forecast CAGR OF 6.39%, meaning by 2024 we should expect a value of $18.65 billion in sales. Bosch represented a third of all exhibitors with e-Bikes.
SportsPursuit and Private Sport Shop merge to form Sportscape …
WEBJun 29, 2022 · UK based SportsPursuit, the online retailer known for providing discounted sporting goods across a wide range of sports and outdoor brands, has announced it has merged with France based Private Sport Shop.. The combination creates a business with more than €200m sales across France, UK, Germany and 10 other countries in 2021, accelerating the Group’s shared vision to create Europe’s ...
How Bulgaria is becoming crucial to Europe’s supply of bike goods
WEBJan 10, 2023 · According to an analysis by the Bulgarian Chamber of Commerce, eBike exports from the Balkans increased eight-fold between 2017 and 2020. In terms of trade volume, eBikes are now among the country’s ten most valuable exports. In Europe, Bulgaria already ranks fifth with almost one million exported bikes.
WEBChartered Institution of Highways & Transportation. 119 Britannia Walk London N1 7JE. t: +44 (0)20 7336 1555 e: info@ciht.org.uk www.ciht.org.uk. Registered Charity in England No. 1136896 Registered Charity in Scotland No. SC040873 Registered Charity in Republic of Ireland No. 20103989. Published January 2018.
Brompton profits jump by 27% as distribution continues to expand
WEBWednesday, 8 January 2020 Mark Sutton. Brompton sold nearing 49,000 bikes in the 12 months to March 2019, giving the UK folding bike maker a 27% uptick in pre-tax profits. Sales during the period were worth £42.47 million, an 17.5% increases year-on-year, with just over 3,500 more bikes sold like-for-like. Pre-tax profits amounted to £3,993,725.
UK bike market - Cycling Industry News
WEBJan 18, 2024 · That’s down 42% from the record high of 2020 (3.3 million bikes). Value sales are set to pick up too – new bike sales are projected to rise 15% to just shy of £1 billion (£998 million) in 2024. There was a 15% fall in annual sales to reach £868 million in 2023 compared to the year before – there’s been a gradual decline in annual ...