Out of Boulder, the Bicycle Product Suppliers Association reports uptick in business despite a decrease in bikes sold.
From Bicycle Retailer
BPSA: Fewer units, more dollars trend continued in August
Pricier bikes, especially e-bikes, are driving the trend in wholesale shipments.
BOULDER, Colo. (BRAIN) — While supplier’s dollar business in bikes for the month of August was flat with August of last year at $120 million, bikes shipped to retailers were down 40,127 units, according to the latest figures from the Bicycle Product Suppliers Association.
Suppliers shipped 211,526 bikes to shops last month, down from 251,653 in August 2017. That’s nearly a 16 percent decline month on month.
Year to date, BPSA members shipped 1,508,010 bikes to retailers, that’s down 117,456 compared with last year, or a 7.2 percent drop.
Despite that year-to-date drop in units, dollars are up through August. Suppliers’ dollar business was $787.98 million, up from $744.16 million for the same period last year.
Mountain bikes, overall, were down in shipments for the month, from 78,040 to 59,198, August on August. Only full-suspension 29ers saw unit growth for the month. Dollars were also down from $48.6 million to $42.3 million, month on month.
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