Giant Group reports 9.6% drop in sales for Q1

May 19, 2023

The Giant Group has reported a 9.6% drop in sales for Q1, citing inventory levels in the European and North American markets as well as the higher year-on-year comparison base as the reason.

The Taiwanese company’s sales in Europe and North America were impacted by higher inventories of entry-level and mid-range products. Bikebiz