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Giant Group

2025 Giant Defy Advanced SL 1 – front.jpg

Giant finalises refunds to migrant workers, after Trump administration blocked imports of brand’s bikes over forced labour allegations

Giant says corrective plan "on schedule" and it "remains committed to further strengthening systems that protect migrant worker rights"

Sat, Dec 06, 2025 08:34
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2025 Giant Defy Advanced SL 1.jpg

Giant’s revenue slumps by 25% in spring after positive start to 2025, as bike brand takes £102m less than first half of last year

Revenue plummeted by a third in May and June, and by a quarter overall in Q2, leaving bike brand down 12 per cent on last year

Mon, Jul 14, 2025 10:17
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Giant TCR 1 frame

Giant starts 2025 with revenue boost thanks to increased orders and high demand in Chinese market, but uncertainty lingers as April profits plunge

The Taiwanese bike manufacturer enjoyed growth in the first quarter of the year, but saw its revenue drop by 17% compared to the same month in 2024

Wed, May 14, 2025 13:29
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2024 Giant TCR Advanced Pro 0 AXS – riding 1.jpg

Giant profits plummet by 60% as inventory woes and heavy discounting bite, but bike brand confident of “recovery” in 2025

Sales dropped 7.4 per cent in 2024 but remained above pre-pandemic levels, Giant noting "reduction in demand" and inventory provision losses of £44.4 million hit business

Mon, Mar 17, 2025 11:51
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2022 Stages indoor bike trainer, 2024 Giant TCR Advanced Pro 1

Giant acquires Stages Cycling brand and assets, months after suing power meter and indoor bike company for £16 million

The bike brand, which manufactured several Stages products before the US-based company ceased operations in April, said the acquisition “enhances our capabilities in both indoor and outdoor cycling”

Thu, Sep 19, 2024 14:23
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2024 Giant TCR Advanced Pro 1 105 Di2 – downtube.jpg

Giant predicts continued short-term “challenge” for bike industry as profits almost halved and sales down 16% last year

Taiwan-based bike brand saw pre-tax profits fall 45% in 2023, but remains "optimistic" with long-term prospects and believes e-bikes are key opportunity to "broaden global cycling population"

Thu, Mar 14, 2024 10:10
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2022 Giant TCR Advanced 2.jpg

Giant postpones payments to suppliers due to falling demand, rising inventory levels, and market “headwinds”

“We still believe the future of the cycling market continues to be bright,” says the Taiwanese manufacturer, as Merida insists its cash flow remains normal

Wed, Dec 28, 2022 16:13
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2022 Giant Propel Advanced SL 0 – 1.jpeg

Giant sales up 14% compared to last year but shortage of high-end products remains

Giant Group's first three quarter net sales totalled $2.2 billion even with market demand "cooling"

Wed, Nov 09, 2022 17:21
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