Halfords sales pedal forward

Kasmira Jefford
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HALFORDS said sales kept up a strong pace over Christmas thanks to “sparkling” performance from its cycling business.

The FTSE 250 group, which is eight months into a £100m three-year turnaround plan, said that sales at stores open more than a year increased by 5.2 per cent in the 15 weeks to 10 January.

Bikes were a big success as underlying sales rose 19.5 per cent sales of its Boardman range doubled.