Currency-neutral Thule Group sales up 5 percent in 2015

By Stephen Frothingham

Thule outdoor bags category continues to grow

STOCKHOLM (BRAIN) — Thule Group notched a 5.1 percent sales increase in 2015 in currency-neutral figures. The Stockholm-based company recorded sales of 5.3 million Swedish Kronas ($623 million) for the year, capped by a 3 percent sales increase in the final quarter. Without adjusting for currency fluctuations, Thule saw a 17 percent increase in annual sales and a 9 percent increase in the final quarter.

The company saw the …read more

Via:: Bicycle Retailer and Industry News