Search News

Results: 51-60 of 1027


Start again

18 Dec 2023

One of the North West’s oldest record shops has reopened after 14 months, creating a small museum to pay tribute to its long-standing musical connections with the city.

6 Dec 2023

Bristol and Cirencester-based bespoke fine jewellery retailer Titcombe Bespoke Jewellery, a member of the National Association of Jewellers, has received one of its most unusual commissions...

6 Dec 2023

Reynolds’ Butchers in Parbold, near Wigan, have set up a scheme called Mary’s Mince to help people living in the village.

5 Dec 2023

Research commissioned by American Express Shop Small reveals the top 10 high streets for independent shops in the UK, shining a light on the nation’s small businesses that play...

5 Dec 2023

A new campaign is calling on police & crime commissioners to tackle crime on a local level, as theft against convenience retailers reaches record highs.

4 Dec 2023

Recent data from VistaPrint, reported by London Loves Business, has revealed that 70% of London small businesses generate up to a substantial 86% of their annual revenue...

23 Nov 2023

Retail sector leaders have expressed a range of concerns, from taxation to business rates, following the Chancellor’s Autumn Statement this week.

22 Nov 2023

Six independent bookshops from around the UK have been named as the winners of the inaugural Booker Prize Indie Bookshop Spotlight, a competition in which independent bookshops and booksellers...

21 Nov 2023

The National Federation of Subpostmasters has received a response from new Conservative party chairman Richard Holden MP regarding the petition to keep DVLA services in post offices.
...

21 Nov 2023

The British Business Bank has launched a new guide aimed at smaller businesses to help them understand how different financial products can support them at all stages of their development.

Back to news menu

Australian bike sales dip to lowest since 2012

Posted on in Cycles News

Sales of bicycles in Australia in 2016-17 are the lowest since 2012, with a total of 1,177,784 sold for the year.

Following reports that UK bike imports and sales have hit an all time low, it would appear that the problem is worldwide with similar statistics being reported across the globe. 

Based on ABS import data, Bicycle Industries Australia report that the number of bicycles has only been lower twice in the last decade, in 2009 following the GFC with a total of 1,154,345 bikes sold and in 2012 the number was 1,166,712.

girl on bikeThe largest concern is the fall in children's bicycle imports, which have fallen by more than 22% in the last 10 year, dropping from 492,000 in 2007-8 to 382,000 this year.

An estimated two thirds of five-year-olds and more than half of nine-year-olds are being driven to school every day, making them among the most "chauffeured" in the world.

Bicycle Industries Australia General Manager, Peter Bourke said the import data was the best reflection of how many children were taking up cycling, as less than 0.01% of bikes sold were made in Australia.

"We don't actually have data on sales of the bikes from the retailer but we do know that 99% of bikes imported by the wholesalers are sold, whether it be within one week or several months," he said. "We have also seen a decline in the number of adult bicycles being imported into Australia but the decline is nowhere near as severe."

Commenting on the continuing difficult sales situation Bourke said retail conditions remain challenging for the bicycle industry.

It is also a reflection of the lack on investment from all levels of government in appropriate infrastructure and policies.

"With few exceptions, our industry is struggling to maintain sales and many of our retailers are choosing to leave the industry," Mr Bourke said.

"The quality of bicycles and value-for-money has never been better and we hope more Australians choose this great way to travel locally and stay active - it's something the whole family can do."

 

 

Back to news menu

Useful links

If you have any other queries please contact us.