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Concept Cycling Increases Turnover 30%

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MANCHESTER, UK (15 August 2000) — UK bike maker Concept Cycling has increased its turnover for the fourth year in a row. According to the company, between August 1999 and July 2000 it grew its turnover by 30%, moving it into third place behind Raleigh and Moore Large. In this period, Concept sold over 350,000 […]

MANCHESTER, UK (15 August 2000) — UK bike maker Concept Cycling has increased its turnover for the fourth year in a row. According to the company, between August 1999 and July 2000 it grew its turnover by 30%, moving it into third place behind Raleigh and Moore Large. In this period, Concept sold over 350,000 units. Last week founder and majority shareholder Steven Walsh announced that he would appoint Robert Pollard as managing director from 1 January 2001 on. For his part, Walsh will take on the more strategic role of executive chairman. Concept recently appointed Mark Winters as corporate sales director, Richard Bevan as manufacturing manager, Brian Dickson as managing director of Axcs Accessories and Jon Hargreaves as Axcs sales office manager. The company also announced that Brian Dickson will be reshaping the accessories division in preparation for future growth following withdrawal from WTB (Wilderness Trail Bikes) accessories program. Steve Fenton, who brought the WTB agency to Concept, has left the company to pursue his own business interests. (JW)

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