It's not looking terribly rosy in the world of corporate bike retailing at the moment. Partly this is a war-in-Iraq thing but it goes deeper than that: CVC-appointed execs at Halfords have just made 85 HQ staff redundant, jettisoning key two-wheel personnel; and YHA Shops went into administration recently. The big multiples may have more cash to play with than IBDs, but that just ramps up their risks, especially when the good run of weather we're having is not leading to the usual boom in bike sales...
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