How 99 Bikes plans to return to profit with an electric-powered push
Flight Centre's part-owned Pedal Group bicycle retailer 99 Bikes is B Corp certified and is touring Australia to showcase its latest e-bikes.
Source: insideretail.asia
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Top News In Pedal Group Today - Breaking & Trending Today
Brand Manager – Merida & BMC Bicycles
Salary: $110k-$130k AUD, negotiable based on experience & demonstrable ability against the Key Selection Criteria. Contribution to relocation - BikeBiz
Source: bikebiz.com
99 Bikes parent Pedal Group hit by oversupply of bicycle stock after lockdown boom
An oversupply of bicycle stock has hit profits at Pedal Group, the cycling venture partly owned by Flight Centre.
Source: afr.com
99 Bikes owner Pedal Group cancels a year's worth of orders because of inventory oversupply amid post-pandemic sales slowdown
Cheaper bicycles and e-bikes are among the items in oversupply, especially for Pedal Group’s wholesale division.
Source: afr.com
Flight Centre share price: CEO Graham Turner confident of rebound but eyes Ukraine war
Shares in the travel giant, battered by COVID-19, have see-sawed, and dipped again after losses were worse than expected.
Source: afr.com