Shimano grows more in fishing than cycling

2018-05-04T00:00:00

Shimano, which also owns Pearl Izumi, reported a sales increase across all divisions of 6.7 percent in the first quarter of 2018 as compared to the same quarter last year, with sales reaching 85.2 billion yen (€644.7m-$779.0m). The growth was mostly driven by the company's fishing tackle business, while the ...

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