Shimano’s bike sales drop 17% in Q1, revises annual forecast
When Shimano Inc. presented its 2022 annual report in February with record sales and profits, the company simultaneously warned of a challenging 2023, forecasting a 20-percent drop in sales. Looking at the first quarterly figures just presented, it can be said that the Japanese company was not so wrong with ...
Sign-in if you already subscribe to The Outdoor industry Compass.
Subscribe today
Get access to what the top decision makers are reading in the outdoor industry.
- Analysis across Retail, Sustainability, Technology, Corporate and M&A, Financial Development, Market and Trends, Legal & Regulation, Trade & Sourcing and more
- Essential weekly E-mail Briefings with the latest analysis and most important industry developments
- Find inspiration to drive your business forward with our case studies and best practices on business opportunities
- Guest chronicles, C-Suite interviews, insights from industry experts and leaders that are shaping the future of the industry
- Organisation-wide access across offices, people and devices