Dorel's loss deepens as supply chain delays deplete stock of

Dorel's loss deepens as supply chain delays deplete stock of in-demand bikes


Despite surging consumer demand for bikes, pandemic also challenged Schwinn-maker Dorel
Anita Balakrishnan
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The COVID-19 pandemic is spurring consumers to buy more bikes and Montreal-based Dorel Industries Inc. says it has struggled to keep up with demand.
“COVID-19 has been the catalyst which has prompted many new consumers to gravitate to bikes and, going forward, we see this demand continuing to grow,” chief executive Martin Schwartz said on a conference call with analysts on Friday.

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