Slumping bike product sales cause double-digit sales decline at Thule Group in Q3

By 28 October 2022

Thule Atmo

More expensive raw materials, higher freight costs, unfavorable exchange rates, etc. – initially, Thule Group AB was still somehow able to offset the effects of the Russian invasion of Ukraine with price increases and efficiency measures. But even then, the Swedish company explicitly referred to the unstable market situation in ...

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