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“The UK cycling market was impacted by a combination of continued weak customer confidence and unusually mild and very wet weather,” writes the UK retailer. – Photo Halfords

Halfords reduces profit forecast in trading update

REDDITCH, England - In a trading update Halfords Group announced to expect a significant drop in like-for-like revenue growth in its retail business....

December is usually a strong month for children’s bicycle sales in the UK, but this wasn’t enough to overturn the deficit. – Photo Halfords

Halfords bicycle sales well below pre-pandemic levels

REDDITCH, England - Halfords has reported a 5.1% dip in its Q3 cycling sales compared to the same period last year. More concerning is that the UK...

Halfords reports that a challenging market, weak consumer confidence and unfavourable weather conditions have impacted its cycling sales performance in the first half of the 2024 financial year. - Photo Shutterstock

Small silver lining for Halfords as cycling division underperforms

REDDITCH, England - Alongside mainland Europe, bike sales in the UK have taken a market-adjusting dip this year. Retail giant Halford has reported...

Despite an overall “softer than expected” performance in the cycling division, Halfords saw a seasonal rise in kids bikes in Q3 – Photo Shutterstock

Halfords Q3 results show trend reversal in UK bike sales

REDDITCH, UK - In its latest financial statement, UK bicycle retailer Halfords reports that cycling sales have dropped to pre-covid levels. Despite...

Shipping delays and low consumer confidence lost Halfords a lot of kid's bike sales in FY2022. - Photo Shuttertock

Inflation and supply chain constraints put Halfords UK sales under...

REDDITCH, UK - After significant increases in e-bike and bicycle sales volumes last year, Halfords UK gave a clear indication that rising inflation...

Halfords has seen sales of e-bikes, e-scooters and accessories grow by more than 140% compared to pre-corona. – Photo Halfords

Halfords notes supply challenges have begun to ease

REDDITCH, UK - The UK's leading brick and mortar cycle retailer Halfords has issued upgraded profits guidance driven by both cycling and motoring...

Cycling sales growth by value is down at Halfords due to product unavailability. Photo: Bike Europe

Supply chain difficulties still cramping UK market growth

LONDON, UK - Recent announcements from the UK's Halfords and the trade organisation, Bicycle Association of Great Britain (BAGB), both suggest that,...

One lonely kids bike left…UK retailer, Halfords, reports record profits despite empty space in cycling department as availability is 2020’s biggest issue. – Photo Richard Peace

Halfords doubles annual cycling sales as stocks dry up

REDDITCH, UK - The UK's self-proclaimed largest bricks and mortar cycle retailer, Halfords, has released preliminary results for the 52 weeks to 2nd...

Ongoing improvements in infrastructure such as new bike lanes, pavement-widening, and cycle-only corridors, accelerated by the pandemic, are helping to make cycling in the UK safer. – Photo Shutterstock

Gear change in UK market as bike sales top 3.3 million units

LONDON, UK - The total number of bicycles sold in the UK in 2020 reached an estimated 3.3 million units, data from market intelligence agency Mintel...

Halford’s cycling-related sales were up 43% in 2020, helping the company towards “better than expected” financial results. – Photo Shutterstock

Ongoing cycling boom put Halfords on course for 'better than...

REDDITCH, UK - The latest seven weekly set of figures from the UK's leading cycle retailer Halfords shows annual profits for the 2020/21 financial...