Ribble's bike sales rocket by 61 per cent after Rio Olympics
Sportive bike sales jump by 85 per cent, while general sales also increase by 45 per cent
While Halfords has seen a five per cent boost in sales after the Olympics, Ribble Cycles has enjoyed a much bigger boost from the exploits of Team GB, reporting increased sales of up to 85 per cent in some categories.
The Lancashire-based company has seen a 61 per cent increase in bike sales since the start of the Olympics compared to the same period last year, while total sales were up 45 per cent.
>>> 30 great images from the Rio Olympics road cycling events
However it seems that the British public have been inspired to take on the challenges of longer distance events, rather than to try and emulate the racing achievements of Laura Trott, Jason Kenny, and co. with sportive bike sales up by 85 per cent, while racing bike sales increased by 56 per cent.
Watch: Greg Van Avemmaet's gold BMC Teammachine
"The Olympics is a really exciting time for sport and we couldn’t be prouder of what Team GB’s cyclists have achieved", said Matthew Lawson, Ribble Cycles's Chief Digital Officer. "It’s amazing to see more Brits following in their footsteps and taking cycling on as a potential new hobby.
"From road bikes to track bikes, it’s great to see cycling fever spread across the UK! We would love to see this trend continue and for cycling to be an even bigger part of everyday life in Britain."
Get The Leadout Newsletter
The latest race content, interviews, features, reviews and expert buying guides, direct to your inbox!
>>> Buy now: sportive bikes from Ribble Cycles
This increase in sales comes at a time of fast growth for the company, having recently launched in Australia and having plans to move into the German market in the near future.
Thank you for reading 20 articles this month* Join now for unlimited access
Enjoy your first month for just £1 / $1 / €1
*Read 5 free articles per month without a subscription
Join now for unlimited access
Try first month for just £1 / $1 / €1
Henry Robertshaw began his time at Cycling Weekly working with the tech team, writing reviews, buying guides and appearing in videos advising on how to dress for the seasons. He later moved over to the news team, where his work focused on the professional peloton as well as legislation and provision for cycling. He's since moved his career in a new direction, with a role at the Department for Environment, Food and Rural Affairs.