Electric bikes for climate-conscious Christmas boost Halfords
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LONDON (Reuters) - Halfords is on track to meet profit forecasts after underlying cycling sales grew 5.9% in its third quarter, helped by strong Christmas demand for electric bikes as consumers become more climate-conscious, it said on Thursday. While many British retailers struggled with lower consumer spending over the Christmas trading period, Halfords bucked the trend as shoppers rushed to buy children's bikes and its range of shop-assembled cycles. On Dec. 21, 2019, the 127-year-old..