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ACGPF - The Bicycle Industry A Church Donation Disruptor And A Decontamination Company Are Thriving In A Pandemic
Accell Group Nv Ord
It's now as difficult to buy a new bike as buying toilet paper was at the beginning of the pandemic. There aren't any bikes available for sale. Not at the big box stores like Walmart (WMT) or Target (TGT) nor at the local bike shops. Bicycle manufactures had been shut down by the pandemic, which is further exacerbating the problem.
Sales are booming across the entire cycling market including children's, adult leisure, trailers and e-bikes according to research by the NPD Group. The majority of bikes sold in the U.S. are imported from China. These