Blackcircles.com to Launch New Service This Month

Online tyre retailer Blackcircles is set to launch a new service that will see the company foray deeper into the aftermarket. (For full report see November’s Tyres & Accessories magazine) Earlier this summer the company announced that it would expand its network of independent garages by 30 per cent by the end of the year in preparation for the move. Blackcircles currently counts 1,200 independent garages in its network. The South East and North West are said to be prime regions for new garages to meet demand.

In recent years Blackcircles.com has grown to a turnover of in excess of £10, after having only launched in 2001. In an earlier report, the Financial Times quoted Welch as saying sales were as much as 80 per cent up year-on-year. While year-on-year sales growth is currently quoted at 60 per cent it remains nonetheless impressive. 2008 turnover was £11 million, but in 2009, it is predicted to be £15 million.