Brompton is launching online at John Lewis – marking an expansion into the retail sector for the iconic British brand.

The company says it is on a mission to create urban freedom for happier lives, helping to reduce traffic and air pollution in our cities. Expanding into a well-known retailer will help to take Brompton, and cycling more widely, to a larger audience.

Toby Marcham, head of UK and EMEA sales at Brompton said: ‘’We’re at a very exciting stage in our history at Brompton, having recently produced our millionth bike. The next million is in our sights as we look to deliver our aim of creating urban freedom for happier lives – helping to make our cities healthier and safer places to live.

‘’Working with another iconic British business to take our bikes to a wider audience is an exciting prospect.’’

This announcement comes as Brompton confirmed a first equity capital raise for 35 years for a £19m stake in the company after shareholders approved an investment from the Business Growth Fund (BGF), backed by multiple high street banks.

Will Butler-Adams, CEO at Brompton, said: “Over the last two decades, Brompton has grown organically at circa 20% a year, funded by reinvesting our profits. For the year ended March 2023, turnover grew 21% to £130m, supported by the launch of the Superlight T Line and Electric P Line products.

“We export 80% of our bikes to 46 countries, and in November 2022 made our one-millionth bike, a great achievement. But this is not enough, we need to move faster. The impact of Climate change is being felt by us all and the greatest carbon emissions come from our cities where most of the world’s population now lives.

“Our team at Brompton are brimming with ideas to accelerate our growth through product innovation, storytelling, outstanding stores and having fun with our amazing community. But if we are really going to go for it, we need to strengthen our balance sheet to give us the confidence to be more ambitious.”

A range of Brompton bikes will be available, including the Brompton C Line, Electric C Line, P Line, and Electric P Line.

https://www.theretailbulletin.com/sports-and-leisure/brompton-bicycle-launches-at-john-lewis-22-05-2023/

swldx...@gmail.com <swldxer1958@gmail.com> wrote:
> Brompton is launching online at John Lewis – marking an expansion into
> the retail sector for the iconic British brand.
>

Over priced virtue signalling accessories.

QUOTE: Brompton is launching online at John Lewis – marking an expansion into the retail sector for the iconic British brand. ENDS

Contrast with the collapsing car industry.

https://pbs.twimg.com/media/FwzRLlNXgAEWynZ?format=jpg&name=medium

swldx...@gmail.com <swldxer1958@gmail.com> wrote:
> QUOTE: Brompton is launching online at John Lewis – marking an expansion
> into the retail sector for the iconic British brand. ENDS
>
> Contrast with the collapsing car industry.
>
> https://pbs.twimg.com/media/FwzRLlNXgAEWynZ?format=jpg&name=medium
>
>
>

That is the UK industry.

Don’t confuse what happens here with everywhere.

On Tuesday, May 23, 2023 at 9:55:19 AM UTC+1, swldx...@gmail.com wrote:
> QUOTE: Brompton is launching online at John Lewis – marking an expansion into the retail sector for the iconic British brand. ENDS
>
> Contrast with the collapsing car industry.

COPD to the rescue!

https://pbs.twimg.com/media/FwzunO5WYAEUdGe?format=jpg&name=medium

swldx...@gmail.com <swldxer1958@gmail.com> wrote:
> On Tuesday, May 23, 2023 at 9:55:19 AM UTC+1, swldx...@gmail.com wrote:
>> QUOTE: Brompton is launching online at John Lewis – marking an expansion
>> into the retail sector for the iconic British brand. ENDS
>>
>> Contrast with the collapsing car industry.
>
> COPD to the rescue!
>
> https://pbs.twimg.com/media/FwzunO5WYAEUdGe?format=jpg&name=medium

Give it the better part of five decades, like we gave the EEC/EC/EU before
telling them to take a hike.

--
Spike

QUOTE: Toby Marcham, head of UK and EMEA sales at Brompton said: ‘’We’re at a very exciting stage in our history at Brompton, having recently produced our millionth bike. The next million is in our sights as we look to deliver our aim of creating urban freedom for happier lives – helping to make our cities healthier and safer places to live.. ENDS

In contrast, UK car production will never see numbers in the millions ever again.

https://pbs.twimg.com/media/Fw8tEi7WIAE-Lzz?format=jpg&name=medium

swldx...@gmail.com <swldxer1958@gmail.com> wrote:
>
> QUOTE: Toby Marcham, head of UK and EMEA sales at Brompton said: ‘’We’re
> at a very exciting stage in our history at Brompton, having recently
> produced our millionth bike. The next million is in our sights as we look
> to deliver our aim of creating urban freedom for happier lives – helping
> to make our cities healthier and safer places to live. ENDS
>
> In contrast, UK car production will never see numbers in the millions ever again.
>
> https://pbs.twimg.com/media/Fw8tEi7WIAE-Lzz?format=jpg&name=medium

Car production up for the third month in a row, as supply chain issues
ease.

(Radio news this morning)

--
Spike

The number of cars produced fell 9.8 per cent to 775,014, the worst year since 1956, according to figures released by the Society of Motor Manufacturers and Traders on Thursday.

While the worldwide industry is still hamstrung by a global semiconductor shortage and sporadic parts supplies from China, several UK plant closures during the past two years depressed the numbers further.

Honda’s Swindon facility, which produced about 100,000 models a year, closed in 2021, while the Stellantis site at Ellesmere Port last year ceased making the Vauxhall Astra to prepare for making a new electric van, which will start this year.

Several plants were hit by supply chain problems during the year, with BMW’s Mini plant affected by supply of wiring harnesses made in Ukraine following Russia’s invasion. Several plants were also hit by parts shortages from China, where factories had to stop suddenly owing to Covid-19 shutdowns.

In addition, sales to Russia — which was in the top 10 export markets during 2021 — ceased earlier in the year following the invasion of Ukraine.

As carmakers have struggled to secure enough chips to make their vehicles, they have prioritised the most profitable models. While this helped some UK factories such as VW’s Bentley and BMW’s Rolls-Royce, it may have hurt Toyota, which makes its larger models overseas.

On 25/05/2023 05:53 am, swldx...@gmail.com wrote:
>
> QUOTE: Toby Marcham, head of UK and EMEA sales at Brompton said: ‘’We’re at a very exciting stage in our history at Brompton, having recently produced our millionth chav-trolley. The next million is in our sights as we look to deliver our aim of creating urban freedom for happier lives – helping to make our cities healthier and safer places to live. ENDS
>
> In contrast, UK car production will never see numbers in the millions ever again.
>
> https://pbs.twimg.com/media/Fw8tEi7WIAE-Lzz?format=jpg&name=medium

What makes you say that?

How many decades did it take Brompton - the virtue-signaller's delight -
to produce a million chav-bikes?

And aren't you trying on a bit of deceit by comparing an industry which
has the capacity to produce and sell a million or more products a year
with one which takes thirty years to do the same number?

Going down the drain.

https://pbs.twimg.com/media/Fw9mnhkWYAMleaj?format=jpg&name=900x900

JNugent <jenningsandco@mail.com> wrote:
> On 25/05/2023 05:53 am, swldx...@gmail.com wrote:
>>
>> QUOTE: Toby Marcham, head of UK and EMEA sales at Brompton said:
>> ‘’We’re at a very exciting stage in our history at Brompton, having
>> recently produced our millionth chav-trolley. The next million is in our
>> sights as we look to deliver our aim of creating urban freedom for
>> happier lives – helping to make our cities healthier and safer places to live. ENDS
>>
>> In contrast, UK car production will never see numbers in the millions ever again.
>>
>> https://pbs.twimg.com/media/Fw8tEi7WIAE-Lzz?format=jpg&name=medium
>
> What makes you say that?
>
> How many decades did it take Brompton - the virtue-signaller's delight -
> to produce a million chav-bikes?
>
> And aren't you trying on a bit of deceit by comparing an industry which
> has the capacity to produce and sell a million or more products a year
> with one which takes thirty years to do the same number?

I get the impression that apples and oranges are Mason’s favourite fruit -
it’s just that he can’t tell which is which…

--
Spike

swldx...@gmail.com <swldxer1958@gmail.com> wrote:
> Going down the drain.
>
> https://pbs.twimg.com/media/Fw9mnhkWYAMleaj?format=jpg&name=900x900

This morning’s business news tells us that car sales are up for the third
month in a row, as the covid-causes supply chain issues ease.

--
Spike

On Thursday, May 25, 2023 at 10:05:12 AM UTC+1, swldx...@gmail.com wrote:
> Going down the drain.
>
> https://pbs.twimg.com/media/Fw9mnhkWYAMleaj?format=jpg&name=900x900

The mooted Somerset Tata plant needed a HALF A BILLION bribe to prise it from Spain - not a good look for a viable venture as that pot will run out.

swldx...@gmail.com <swldxer1958@gmail.com> wrote:
> On Thursday, May 25, 2023 at 10:05:12 AM UTC+1, swldx...@gmail.com wrote:
>> Going down the drain.
>>
>> https://pbs.twimg.com/media/Fw9mnhkWYAMleaj?format=jpg&name=900x900
>
> The mooted Somerset Tata plant needed a HALF A BILLION bribe to prise it
> from Spain - not a good look for a viable venture as that pot will run out.

BritishVolt had taxpayers money spunked on it, and that had an inadequate
business model (which is why investors wouldn’t touch it).

Mr Tata has a track record of running billion-dollar industries, so is a
much better bet.

When I did Economics, the return to government from their initial
investment was about 8x, but as you will have studied the subject later
than I did, you’ll be able to come up with an up-to-date figure.

--
Spike

On Thursday, May 25, 2023 at 11:05:33 AM UTC+1, swldx...@gmail.com wrote:
> On Thursday, May 25, 2023 at 10:05:12 AM UTC+1, swldx...@gmail.com wrote:
> > Going down the drain.
> >
> > https://pbs.twimg.com/media/Fw9mnhkWYAMleaj?format=jpg&name=900x900
> The mooted Somerset Tata plant needed a HALF A BILLION bribe to prise it from Spain - not a good look for a viable venture as that pot will run out.

Wonder if Sunak's missus got a slice of the pie?

swldx...@gmail.com <swldxer1958@gmail.com> wrote:
> On Thursday, May 25, 2023 at 11:05:33 AM UTC+1, swldx...@gmail.com wrote:
>> On Thursday, May 25, 2023 at 10:05:12 AM UTC+1, swldx...@gmail.com wrote:
>>> Going down the drain.
>>>
>>> https://pbs.twimg.com/media/Fw9mnhkWYAMleaj?format=jpg&name=900x900
>> The mooted Somerset Tata plant needed a HALF A BILLION bribe to prise it
>> from Spain - not a good look for a viable venture as that pot will run out.
>
> Wonder if Sunak's missus got a slice of the pie?

Why don’t you ask her?

--
Spike

QUOTE: Will Butler-Adams, CEO at Brompton, said: “Over the last two decades, Brompton has grown organically at circa 20% a year, funded by reinvesting our profits. ENDS

A 20% growth rate is something Liz Truss can only dream of ever since she banged her head.

https://pbs.twimg.com/media/Fw--HPraUAA20jk?format=jpg&name=medium