Profits are up at Planet X following two years of restructuring at the Rotherham-based specialist in providing bikes at no-nonsense prices.

With a showroom at Templeborough, Planet X previously invested in new 47,000 sq ft warehouse facilities across Rotherham, at Aldwarke.

Profit before tax for the year has risen from £1.1m to £1.8m, a 64% increase on the previous year.

Dave Loughran, chief executive at Planet X, said: “Our strategy to focus upon great quality at sensible prices really resonates with an ever-savvy customer base. We are very excited with the growth opportunities of the business as we resurrect some iconic cycling brands.”
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http://www.rothbiz.co.uk/2018/06/news-5751-planet-x-on-track-with-focus.html