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Bike industry challenges continue as Giant and Canyon profits down 66% and 30%, while Shimano downgrades 2025 outlook | road.cc
https://road.cc/content/news/giant-and-canyon-profits-down-66-and-30-315383
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Giant says inventory levels back to "healthy pre-pandemic standards" and Shimano's sales are up 12 per cent, but industry's biggest brands still face unpredictable and tricky market
