Inflation and supply chain constraints put Halfords UK sales under pressure

REDDITCH, UK – After significant increases in e-bike and bicycle sales volumes last year, Halfords UK gave a clear indication that rising inflation and the cost of living will impact this year’s demand. Still Halfords UK remains confident on the longer-term outlook for bikes as government infrastructure and climate needs necessitate greener modes of transport.
Shipping delays and low consumer confidence lost Halfords a lot of kid's bike sales in FY2022. - Photo Shuttertock