Halfords, the UK’s largest cycling retailer, says that sales of bikes and accessories dipped in the 13 weeks to 1 July due to a combination of the timing of Easter and poor weather during April and the latter part of June.
While sales of premium bikes rose during the period, those of parts and accessories and what the retailer terms “mainstream bikes” fell.
In the cycling segment, like-for-like revenue – which strips out the impact of new or expanded stores – fell by 4 per cent.
Total revenue was up 2.1 per cent, with Autocentres seeing total growth of 5.9 per cent, and 3.9 per cent on a like-for-like basis.
Chief executive Jill McDonald said: “This was a solid performance from our motoring categories, which account for around 70% of group sales, with continued growth in service-related sales, demonstrating Halfords’ credentials as a specialist retailer.
“In Autocentres our sales continued to grow through improvements in the customer offer. We had good sales growth of premium bikes but cycling sales across the quarter were impacted by both the timing of Easter and poor weather, particularly in April.
The company is hoping for a boost in sales of bikes and cycling-related products following next month’s Olympic Games, with the chief executive saying: “We look forward to the peak summer cycling season, including our exciting new ranges from Laura Trott and Sir Bradley Wiggins launched ahead of the Olympics.”
> Wiggins and Halfords launch kids’ bike range
She added:”While the recent decision to leave the EU does create uncertainty, we are well-positioned as a business and focused on delivering sustainable long-term growth.”
The company now operates 462 Halfords and 11 Cycle Republic stores throughout the UK and Republic of Ireland.
> Trott bike range comes to Halfords
"... would have easily 1678 RLJ offences by motorists prosecuted..." Unless the vehicles were self-driving/autonomous. http://rc-rg.com
Im betting these come out of the same factory as the SG and the Grip grab gloves. Identical apart from the Silicon overlay....
Oh, and for long rides (100 miles ish) a whole pack of fig rolls and a couple of jam sandwiches normally does my fuelling.
That "old lane" as you call it, is 1) very much open, some misguided cyclists still use it. I used it once, vowed never to again and I block ride...
Confusingly there seem to be two Millicent roads which cross at approximately right angles, the one that is north-east to south-west is the one...
Indeed....
I presume that garda will be sacked shortly for showing up all of their colleagues?
"Although other neighbours were outside, nobody else had thought to alert her mum and siblings because there was no car on the drive so they didn’t...
"Aldi apologised for the blocked bike racks and said "we have spoken with the store to make sure that the cycle bays are clear for use at all times...
Interesting..... but perhaps I'll wait for the LIdl or Aldi copy and save a couple of hundred quid.....