Shimano starts 2016 with sales down 16%

2016-04-30T00:00:00

Shimano's sales for the first quarter of 2016 dipped by 16.2 percent compared with the same period last year to 82,169 million yen (€668.9m-$759m). The Japanese maker of bicycling components and fishing gear blamed greater economic uncertainty due to “frequent terrorist attacks” in Europe, hitting tourist numbers, and the cooling ...

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