Posts Tagged ‘Inventory’
Giant Foreshadows Delayed Economic Recovery
Taichung City, Taiwan Inventory issues and the “headwind of economic outlook” will continue to affect short-term revenue and earning performance in the global bicycle industry, Giant Group declared in its 2022 financial year report released this month. The Taiwanese company says the bike market’s balance of the supply and demand is yet to normalise, although…
Letter from America: Signs of Major Market Contractions
Santa Fe, US Here’s a prediction and if it’s wrong … well, that’s the way predictions go. Nonetheless, let me go out on a limb and suggest that the US bicycle market will contract, perhaps significantly, over the next 12 months. And the outlines of that trend are starting to emerge. Anecdotal evidence suggest inventory…