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Cycling Weekly
Cycling Weekly
Sport
James Shrubsall

Reductions of up to 90% at Evans Cycles as it posts £22.8m losses

An evans cycles store.

If you're in the market for a new bike, or indeed anything else cycling-related, you could do worse right now than heading to the Evans Cycles website. The Frasers Group retailer has posted a major sale with reductions of up to 90% on bikes and equipment.

It comes in the wake of the company's latest financial report which showed a pre-tax loss of £23.2 million in the financial year to April 2023, up from a loss of £5.3 million the year before. This decreased to £22.8 million post tax.

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