99 Bikes says global snags hit imports

Original article by Liam Walsh
The Australian Financial Review – Page: Online : 4-Jan-21

Matt Turner says that delivery times for importing bicycles from China is now double what it would be normally be. Turner is the CEO of Pedal Group, the company behind the 99 Bikes retail brand, with the surge in delivery times a combination of increased global demand for bikes and logistical issues. Turner’s comments come as Pedal Group reported a 51 per cent revenue jump to $199.9 million for the 2020 financial year, with post-tax profits up from $3.4 million to $12.4 million.

CORPORATES
PEDAL GROUP PTY LTD, 99 BIKES PTY LTD

Ride on: the holiday habits of regular cyclists

Original article by Roy Morgan Research
Market Research Update – Page: Online : 3-Sep-15

A Roy Morgan Single Source survey (July 2014 – June 2015) has found that cycling participation in Australia has risen dramatically over the last few years. Just over 1.5 million Australians aged 14+ (some eight per cent of the population) regularly ride a bike. Regular cyclists are far more likely than the average Australian to name certain destinations as places they’d like to spend a domestic holiday. South Australian (SA) regions feature prominently: regular cyclists are 140 per cent more likely than the average Australian to nominate the Adelaide Hills as somewhere they’d like to visit, 138 per cent more likely to name the Riverlands/Renmark/Blanchetown region, and 119 per cent more likely to name the Flinders Ranges. These regions are all notable for their popular cycling paths. Outside of SA, other destinations more popular with regular cyclists than the average Australian tend towards high-altitude areas (Falls Creek; Mt Buffalo/Mt Baw Baw/Lake Mountain) and Queensland’s Stanthorpe.

CORPORATES
ROY MORGAN RESEARCH LIMITED

Tennis, cycling and socio-economic advantage

Original article by Roy Morgan Research
Market Research Update – Page: Online : 1-Jul-15

A Roy Morgan Single Source survey has found that 6.8 million Australians aged 14+ watch tennis on TV almost always or occasionally. The survey, which was carried out in the year to March 2015, also shows that 25 per cent of them are from the affluent AB socio-economic quintile, while the least well-off E and FG quintiles each account for 18% of tennis viewers. Meanwhile, 3.8 million Australians watch cycling on TV, with the AB quintile comprising 28 per cent of viewers. The survey also shows that 33 per cent of Australians who play tennis are in the AB quintile, as are 30 per cent of Australians who cycle.

CORPORATES
ROY MORGAN RESEARCH LIMITED