Halfords remains “very, very confident” about cycling market, despite overall annual profits falling by 55 percent

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Halfords remains “very, very confident” about cycling market, despite overall annual profits falling by 55 percent “Cycling still hits the sweet spot in terms of climate change… We still think it’s the right place to be” cycling

Combining sales figures and other data, the Association’s research suggests that mechanical bike sales fell by 22 percent in 2022, down to 1.8 million units and 27 percent below pre-Covid levels.We’ve noticed you’re using an ad blocker. If you like road.cc, but you don’t like ads, please consider subscribing to the site to support us directly. As a subscriber you can read road.cc ad-free, from as little as £1.99.

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