finance

Cowboy raises €23 million in Series B funding

Cowboy has completed its Series B funding round, totalling €23 million. Leading the round is Exor Seeds, the early-stage investment…

4 years ago

Halfords reports surge in cycling sales

Halfords has reported strong growth in cycling sales during the COVID-19 lockdown. Group sales for the 13 weeks to 3rd…

4 years ago

Exports of UK cycling goods rise by 15%

Exports of UK bikes, parts and accessories grew by 15% in the year to March 2020. The latest figures show…

4 years ago

Accell Group sees “strong recovery” of bike sales in May

The Accell Group has seen a "strong recovery" in its bike sales in May, following weak March and April sales.…

4 years ago

Shimano reports 15% decrease in bike sales in Q1

Shimano has released its latest summary of financial results, running from 1st January 2020 to 31st March 2020. It revealed…

4 years ago

Thule reports “solid quarter” despite negative effects of COVID-19

Thule has reported a "solid quarter" for Q1 2020 despite the negative effects of COVID-19 as of mid-March, the company…

4 years ago

Dorel Sports reports revenue growth in 2019

Dorel Sports’ revenue increased to $909 million for 2019, up 2.9% from $883 million last year. The results also show…

4 years ago

Rad Power Bikes closes $25 million in funding

The funding will support new brick and mortar retail locations around the world

4 years ago

€30 million invested in Romanian bike factory

"The entrepreneurs have the land and if everything goes according to plan in March, the construction of the new plant…

4 years ago

Halfords’ cycling sales grow by nearly 6%

Group online sales grew 27% with around 80% of Halfords.com orders collected in store

4 years ago