Welcome Guest! Please Sign in or Create an Account
The leader in Industry News, BicycleRetailer.com
Subscribe Today!
08/10/2009 5:00 PM MST
Manufacturers Report Mixed Sales for July
Share/Bookmark

TAIPEI, Taiwan (BRAIN)—Sales data for the month of July for three of Taiwan’s largest bicycle manufacturers is a mix of news, according to data from the Taiwan Stock Exchange.

Merida posted a healthy 14.8 percent increase in sales in July while Giant, the world’s largest manufacturer, recorded an 8.7 percent dip when compared to last July. Ideal also recorded a one-month sales decline of 7 percent.

Merida’s July sales topped $36.1 million compared to $31.5 million a year ago, while Giant posted $37.7 million for the month compared to $41.3 million last year. Ideal, a much smaller company, reported $4.5 million in July revenue compared with $4.8 million last year.

However, year-over-year sales to date reflect generally flat growth for Giant and Merida, while Ideal has seen its seven-month sales soar 57 percent when compared to the same period last year.

Year-to-date sales for Giant dipped slightly by less than 1 percent to $251.3 million compared to $252.6 million in 2009, while Merida was up just 2.1 percent to $170 million. Ideal, on the other hand, posted a 57 percent jump in sales to $68 million compared to $43.3 through July of last year.

—Marc Sani
InterbikeThanksNewsDetails
Today is Thursday, Sep. 02, 2010
CFEpr+
FreedomByWTBRightSq#2
Topeak RCSQ3
Brain Blog
Submit For Posting. Submit your Press Releases, Events, New Product Info, Letters and More!
View Resources
Bicycle Industry Jobs
Newsletter Sign Up
Get the RSS Feed of BicycleRetailer.com Current News