Online cycling specialist Wiggle increased its sales to February 2nd by 19 per cent to £168 million with pre-tax profits up to £16.4 million. Cycling has become an intensely competitive niche throughout the world which has seen Wiggle target some 120 countries in total. It has however reduced this total of 70 in order to better service the more lucrative countries and has now opened an office in Australia which is headed by recently recruited general manager Adam Johnson.
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