One of Britain’s Biggest in Cycling Sees 2016 Sales Drop by 26%

BIRMINGHAM, UK – In its earlier this week published trading update for the whole year of 2016 Tandem Group plc (owner of among others the brands Claud Butler and Dawes) reports that its bicycles and mobility division was loss-making. In what Tandem Group describes as ‘challenging market environment’ the company saw its cycling revenues decline by 26%.