'Significantly worse than expected': Halfords cycle sales fall, and there's more to come

The market is 30% down on pre-Covid and the retailer predicts more of the same in 2025

Tips for buying second hand bikes include using schemes such as Halfords selling refurbished used bikes
(Image credit: Halfords)

Halfords has experienced "significantly worse than expected" performance in the cycling market, and expects the situation to decline further for 2025, it has said in its preliminary report for the 2024 financial year.

It also points to Bicycle Association figures that show a cycling market that remains 30% down on pre-Covid levels.

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

After cutting his teeth on local and national newspapers, James began at Cycling Weekly as a sub-editor in 2000 when the current office was literally all fields. 

Eventually becoming chief sub-editor, in 2016 he switched to the job of full-time writer, and covers news, racing and features.

A lifelong cyclist and cycling fan, James's racing days (and most of his fitness) are now behind him. But he still rides regularly, both on the road and on the gravelly stuff.