Weather has ‘little effect’ on Shimano, as sales increase 19%

By Stephen Frothingham

OSAKA, Japan (BRAIN) — Shimano says its bike and e-bike component sales have been strong globally in the first three quarters of 2015, with double-digit percentage increases in sales despite unfavorable weather in Europe and North America.

The company’s sales were up 19 percent over the period ending Sept. 30, with the component giant posting sales of 286 billion yen ($2.4 billion). Bicycle-related sales were 237 billion yen, a 21 percent increase over the same …read more

Via:: Bicycle Retailer and Industry News