Cycling retailer hits turnover milestone and brings in new CEO and chairman

YORKSHIRE headquartered cycle retailer Planet X has increased turnover by 50% to £20m and brought in a high profile chairman and chief executive.

The Sheffield-based multi-channel retailer was founded by majority shareholder Dave Loughran in the 1990s and is now the largest builder of high performance bikes in the UK, designing and selling under its own Planet X, On One and Titus brands.

The business, which saw the 50% turnover increase to £20m in the year to March, also recently acquired the respected Holdsworth and ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...