Corona pandemic drives down Shimano's sales

OSAKA, Japan - In its financial statement of the first quarter of 2020 the Shimano Group reports a good start of the year in Europe and North America supported by good weather. From mid-March, turnover declined sharply and as a result, net sales from in the bicycle category decreased 15.4% from the same period of the previous year to JPY 58,868 million (507m euro).

Continue reading this article?

• Create an account under a minute and continue reading
• Read 3 articles for free every month

Create an account instantly

Enter your email address

Continue

More than 100 organizations have a business subscription with us. Check here if you already have unlimited access via your employer.