Evans Cycles back in profit after years of heavy losses – despite revenue falling due to closure of eight stores
Following a sustained period of heavy losses, totalling over £34 million since 2021, Evans Cycles has finally returned to the black, the UK’s largest high street cycling retailer reporting a profit of £388,000 for the financial year ending April 2025.That long-awaited return to profit, dubbed a “strong performance” by the Frasers Group-owned brand, comes despite … Read more