Brompton profits up 35% despite bike industry’s “challenging conditions” and “war of attrition” against rip-off rivals
Brompton profits are up a third, the iconic folding bike brand enjoying a “positive year” thanks to a “shift towards more premium products” allowing the brand to maintain revenue growth despite flattening sales, ongoing challenges hitting the wider bicycle industry, inflation and concerns about copycat rivals.In the company’s latest accounts for the financial year to 31 March 2023, … Read more