Bikershop expanding abroad

Bikershop, the fledgling Polish distributor of sports equipment, announced on Wednesday that it plans to expand its operations to Ukraine and Czechia in the coming year. The company’s CEO stated that the moves would take place in spite of halting expansion in Poland. “Last year, we opened two new stores, and (this year), one new location. In 2017 we are not planning to open another store (in Poland),” Stanisław Kwiecień told the Polish press. He also indicated that the company would focus on brand expansion, including introducing more of its own (Polish) brands. Currently, Bikershop distributes internationally-produced sports equipment for snowboarding, skiing and cycling. It has had considerable sales success recently, increasing its total revenues from PLN 111.5 million in 2015 to a forecast PLN 160 million this year.