Bike Shipments Soften Through Third Quarter
from bicycleretailer.com
BY MATT WIEBE
It appears that high gas prices and growing environmental concerns had no positive impact on suppliers in the third quarter. Bike shipments to retailers fell 4 percent during the first nine months of the year according to the latest report from the Bicycle Supplier Products Association.
The steepest declines were in shipments of juvenile bikes, with non-BMX 20-inch bikes down 14 percent, BMX/freestyle bikes down 13 percent and bikes with 19-inch and smaller wheels down 12 percent. Bucking the trend in kids’ bikes, suppliers shipped more 24-inch bikes during the first three quarters; the category was up 6 percent.