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

📆 14/3/2567 0:50:00
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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.

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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