With more people than ever using bike hire schemes in the UK and almost 25 million journeys completed between September 2022 and September 2023, research from bike retailers at Paul’s Cycles reveals that the increase in rentals correlates with higher cycling interest. Taking a deep dive into search interest in Beryl cities, they found: Hiring schemes …
Read More »MTB racing coverage drives sales spikes, turns spectators into cyclists
Following a record-breaking 2024 UCI Mountain Bike season and strong early buzz for 2025, Tom Thornley, Managing Director of Paul’s Cycles, examines the growing influence of mountain bike racing on the cycling industry, highlighting the opportunity for retailers to turn spectators into customers. Headline insights and numbers: UCI MTB viewership …
Read More »Paul’s Cycles shares insights: What drove 30% growth in 2024?
While the UK cycling industry faces a seemingly ongoing post-pandemic downturn and decreasing consumer budgets, independent retailer Paul’s Cycles has reported a remarkable 30% year-on-year revenue growth. Speaking about the 2024 performance, Paul’s MD, Tom Thornley, is keen to share the company’s strategies for success when selling high-priced products in …
Read More »Pauls Cycles sees nearly 20% sales increase year-on-year
Pauls Cycles has reported a nearly 20% year-on-year sales growth over the last six months, following 13.7% growth last year. Despite the rocky industry landscape, the online bike retailer is climbing steadily, reporting a 16% increase in profit in the same period. The independent brand’s success is in part credited …
Read More »Pauls Cycles reports 31% revenue increase in anniversary year
Pauls Cycles is celebrating a successful 40th anniversary year as 2023 draws to a close. Despite bike sales across the UK, the Norfolk-based IBD has reported a year-to-date revenue increase of 31% against 2022 (January 1 to November 16). Shifts in maintenance services, a renewed focus on selling discounted premium …
Read More »Five new online bike retailers up and running with Cyclescheme and Citrus-Lime integration
Cyclescheme has announced that five new online bike retailers are up and running with the new integration in Citrus-Lime Cloud POS. After a successful period of beta testing with Balfe’s Bikes; Cycle Solutions, Hargroves Cycles, Pauls Cycles, Certini, and Leisure Lakes Bikes are now all able to offer their customers …
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