icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Covid-19 lockdown in Russia has bicycle sales soaring

Covid-19 lockdown in Russia has bicycle sales soaring
A spike in demand for sporting equipment has been reported by Russia’s biggest online retailer, Wildberries. Sales of bicycles skyrocketed sixty-fold from May 1 to 24 compared to the same period last year, it said.

“The temporary closure of fitness clubs, bike rentals, scooters and roller skates led to a surge in the purchases of sports equipment in the online store,” the company’s press service told RIA Novosti.

In particular, sales of two-wheeled bicycles increased 60 times, skateboards by tenfold, roller skates eightfold, scooters 6.5 times. Demand for bicycle bells and tools increased nine-fold.

Also on rt.com Moscow e-commerce sales jump 40% during coronavirus lockdown

The company also noted a 10-fold increase in sales of jump ropes, sevenfold growth for tennis and badminton rackets and ping-pong, as well as five-fold growth for balls for team sports and sports pumps. Demand for radio-controlled toys for outdoor activities, such as helicopters, tanks, cars, and boats, has grown fivefold, according to the company.

Wildberries is Russia’s largest online retailer, according to Forbes magazine. Founded in 2004, it is now present in Russia, Poland, Slovakia, Belarus, Kazakhstan, Kyrgyzstan, and Armenia. The company’s turnover in 2019 almost doubled to 223.5 billion rubles (over $3 billion).

For more stories on economy & finance visit RT's business section

Podcasts