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'Supply worsening': 99 Bikes warns on global snags

Liam WalshReporter

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Cycling outfit 99 Bikes says delivery times for importing bicycles has blown out to almost double amid a worldwide hunger for product and freight lines clogging up.

“Supply is getting worse and worse,” said Matt Turner, chief executive of Brisbane-based Pedal Group, the company behind the 99 Bikes brand.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au

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    Original URL: https://www.afr.com/companies/healthcare-and-fitness/supply-worsening-99-bikes-warns-on-global-snags-20201223-p56prh