| The rise of Biking upwardsly mobile men are now ditching the sports car for state of the art high end bicycles. |
| Typically aged 25 to 34, single and affluent, these “Biking Upwardly Mobile Men” have been identified as the latest group joining the booming cycle market.Once they would have favoured the Porsche, now they are opting for high end bicycles as the latest status symbol.Research carried out by analysts Mintel, found that wealthier men who are yet to marry and settle down are helping boost sales along with the retired who are interested in the new generation of electric models.Leading cycle and leisure retailer Halfords, supported these findings, and reported top-end cycles such as the latest Boardman and Carerra ranges were surging ahead, boosted by interest in more expensive bikes, often purchased through the Cycle to Work scheme. Halfords cycle expert Justin Stevenson said: “We have definitely seen an increase in affluent younger meninvesting in more expensive bikes. People who originally seem to have dipped a toe in the water of cycling are now coming back as fully fledged enthusiasts and wanting to upgrade their current models. “There is interest in the more ‘sporty’ models either from those who are joining cycling clubs or those who “At the same time we have seen more people who used to cycle as children, coming to us for their first adult This view is born out by figures from Mintel predicting a rise in UK bike sales volumes of £150 million,
With interest in hybrid and road bikes surging ahead over the last 12 months, Mintel highlighted even more potential for an increase in cycling if workplaces Michael Oliver, senior leisure analyst for the research group said: “The cycle market is The report titled “Bicycles UK 2012” revealed that 61% of people think that, “cycling is a great activity to do One third of Britons own a bike and one in five people use the bike either for leisure or commuting at least once a fortnight. 6% of us cycle every day, which is still relatively small compared with the 43% of the population who use a car regularly. Other drivers for demand include the forthcoming London Olympics, which has led to the |
Related posts:
- Cycling numbers shift through the gears inspired by the Tour De France
- The Carrera TDF Road bike now £229.99 at Halfords
- 20% off the latest Carrera bikes – only from Halfords
- Whistle – a new breed of mountain bike exclusively only at Halfords
- The Boardman Series of Performance bikes for women – exclusively from Halfords

Halfords cycle expert Justin Stevenson said: “We have definitely seen an increase in affluent younger men
Membership of social and competitive bicycle organisations has risen dramatically, nearly doubling for