Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Cycling Weekly
Cycling Weekly
Sport
Luke Friend

Giant slashes bike prices on TCR, Propel and Defy models in huge sale amid industry chaos

Stefan Abram riding Giant Propel race bike.

Giant UK has launched a sale featuring 20% off a range of its bikes. These include road, gravel and hybrid offerings, with savings available on many models across its line-ups, including the popular TCR, Revolt and Defy road bikes.

The sale comes hot on the heels of last week's announcement that the Taiwan-based brand's sales had dropped by 20% in the first quarter of 2024. Giant cited post-Covid era inventory issues as a contributory factor to the fall in sales.

With the bike industry continuing to face challenging times, sales of this nature remain a regular affair. In recent months Specialized UK cut prices across a wide range of products, from bikes to apparel, while the likes of Canyon have run similar discount campaigns. The German direct-to-consumer brand listed "inventory challenges" as one of the reasons for the sale, which while denting its profits did help to stimulate growth; figures released by Canyon showed an increase by 23% year-on-year in quarter three of 2023.

For cyclists the tumult does mean that bargain can be found, and we've selected a few of the standout deals in the Giant UK sale across a range of price points.

Best road and gravel bike deals in the Giant sale

The industry turmoil seems set to continue well into 2024 - we outlined the reasons behind the situation, and what it means for consumers, here

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.