HNF Nicolai reports 100% sales growth during 2020 | Business
E-bike brand HNF Nicolai has reported a 103% growth in sales during the 2020 calendar year, compared with the previous 12 months. Michael Hecken, chief sales and marketing officer of HNF, said HNF and Hero International’s joint strategy of working with independent bike dealers is paying off with more than half of all sales coming from IBDs. He said all of the Hero International businesses would benefit from the integration of HNF into the group, bringing with it German precision research and development. HNF has established a global research and development centre in Berlin to design and en...
Source: bikebiz.com