Share this contentPARIS: Cycling is booming across the globe as people seek to avoid crowded buses and trains on their commute in the wake of the COVID-19 pandemic – or get back into shape after long months of lockdown.
"I was looking for a specific bike and had given myself a month to buy one, but it's not available anywhere," he said. And in the United States, sales of bikes have exploded, with online purchases alone skyrocketing in May by 5,000 per cent over the figure for the same month last year. Moreno Fioravanti, secretary general of the European Bicycle Manufacturers' Association, said the industry has"lost three months of production of components, and our stockpiles were used up in only two months".Pancho Pimentel, marketing chief for Summit Bicycles, which has five stores in California, said"there are shortages everywhere, from bike brands to parts".
The world's leading manufacturer, Taiwan-based Giant, saw its European sales increase by 140 per cent year-on-year in June, driven in particular by sales of e-bikes.
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