UK Bike Sales Looks to Be Heading to Decline by a Third in 2017

LONDON, UK – According to data provided by ‘Her Majesty's Revenue and Customs’ (HMRC) the bicycle import into the UK showed a dramatic drop in the non e-bike sector during the first two quarters of 2017. It prompted UK’s trade journal BikeBiz to report that the country’s bike market looks to be heading for a 17-year low.
Market decline results in IBD casualties as tough selling environment hits especially bricks and mortar stores. – Photo Richard Peace