Evans Cycles reports losses of £5.2 million
High street cycling retailer Evans Cycles’ annual accounts show a pre-tax loss of £5.2 million in the latest signal of challenging times for the bike industry.The accounts for the year to April 2022 show greater losses in 2021-22 compared with the £2.7 million of the year before. Evans also reported a 50 per cent drop in revenue from … Read more