<b>Czech Republic 2007:</b> Retail Chains Expand on Growing Market

PRAGUE, Czech Republic &ndash; According to informed estimates, 390,000 bicycles were sold in the Czech Republic in 2007. The average price per bicycle was &euro; 295. This means that people spent &euro; 115 million on bicycles. The number of bicycles sold increased by 11.4%. Most bicycles were sold by IBDs (55% of unit volume, 75%

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