Wholesale bikes sales down 6 percent through May; inventory up 19 percent

By Stephen Frothingham

BOULDER, Colo. (BRAIN) — Wholesale bike sales were down 5.7 percent in 2016 through May, according to the most recent report from the Bicycle Product Suppliers Association. The trend was not promising, either, as sales in May were down 8.4 percent from a year earlier.

The industry also continues to struggle with inventory at the wholesale level. Suppliers held 19.7 percent more bike inventory, in dollars, at the end of last month, compared to the …read more

Via:: Bicycle Retailer and Industry News