Love Velo Achieves Record Sales in January 2024
February 6, 2024
Cycling travel continues on its upward trajectory
/ENDURANCE SPORTSWIRE/ – Love Velo (www.lovevelo.co.uk), the leading of cycling travel in the UK, today announced record results for its January trading. With a set of results that shows cycling travel’s growth to remain unabated, Love Velo posted its first ever month at over £550k in sales.
This milestone is a major success for Love Velo on its mission to be the first non principal cycling travel agency to post an annual £10m in sales by 2026.
‘We are delighted to have reached such a momentous milestone and one that outstrips anything achieved pre Covid as well as building on our previous largest sale month of October 2023’ stated Lee Bibring, Love Velo’s CEO.
‘What’s even more satisfying is that we are achieving this growth profitably, as we look to position the business for future investment in 2025’ he added.
This news comes in the wake of Love Velo’s 2022 fundraise round and excellent financial results in June 2023.
Love Velo are a cycling business dedicated to experiences that help riders push their boundaries – in sport and life. We’re not just obsessed with clocking more kilometres or tackling tougher climbs, we’re all about broadening horizons and pushing the boundaries of what is possible. From conquering iconic Grand Tour climbs, exploring stunning European vistas, or simply sharing precious time with friends and family, we have the perfect trip for everyone.