Trek Bicycle Plans to 'Right Size' Amidst Chaos in Bike Industry

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Trek Bicycle Plans to 'Right Size' Amidst Chaos in Bike Industry
Trek Bicycle,Bike Industry,Right Size

US company Trek Bicycle announces plans to cut spending by 10% and reduce product options by 40% in response to slow sales and high inventory levels. The move aims to increase efficiency and address the challenges faced by the bike industry.

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In the latest development in the bike industry’s stormy commercial conditions, Trek Bicycle says that it plans to “right size” by cutting spending by 10% and reducing the number of individual products it offers by 40% over the next two years.

These changes are a response to slow sales and high levels of inventory. Trek will reduce overall spending by 10% with cuts to programs and positions.

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