Car parts and cycle retailer Halfords, which trades in Ireland and the UK, reported its seventeenth consecutive year of sales growth today and said shoppers were still spending more in its stores.

A former Scottish soccer boss is to replace the chief executive of car accessories and cycle retailer Halfords, it was announced today.

Car accessories and cycle retailer Halfords made its debut on the London Stock Exchange today in a move valuing the company at around £600m (€900.1m).

Car accessories retailer Halfords said today it was planning a summer flotation valuing the business at £847m (€1.2bn).