Merida the latest bike brand to report significant slump in sales, profits down a third
Merida has reported a fall in sales and profits for the start of 2024, following on from a challenging 2023 as the bike industry continues to battle through difficult times.The manufacturer saw sales drop by 29.8 per cent in the first quarter of 2024, while post-tax profits are down 31 per cent, both of those … Read more