Halfords has warned of on-going shortages of bikes around the world as it almost tripled profits after a surge in cycle sales during the pandemic.
The bikes and motoring retailer said pre-tax profits rose 184% to £64.5m in the year to 2 April, as total sales rose almost 14% to £1.3bn.
Read the full article on The Guardian website
NAM Implications:
- Managed to survive and thrive…
- ‘amidst Lockdown, Brexit, container shortages, port congestion and more recently, the blockage of the Suez canal’
- …says it all.
- Handle Halfords with care.
