Retail

Specialized and Trek among major bike brands suing US government to recover Trump tariff costs following Supreme Court ruling

Bike industry joins the queue of companies looking for rebates following the Supreme Court's ruling some Trump tariffs were implemented illegally

Worrying start to 2026 for Giant as bike brand’s revenue slumps by 22% in January

Giant’s weak opening month of the year follows a turbulent time for the Taiwanese manufacturer, which was the subject of a prolonged embargo by the US government over forced labour allegations

The fitness tech boom continues: Garmin reports record revenue for 2025

“Looking forward, we anticipate building on this momentum with many exciting new product launches throughout the year,” the company’s president and CEO Cliff Pemble said

The ultimate bike industry boom and bust disaster story? Private equity firm that invested huge sums in Raleigh’s parent company has lost over £1 billion

Accell, which also owns Lapierre, Babboe, and a host of other bike and e-bike brands, says it has secured new financial backing as part of its latest restructuring process, which it claims will “fundamentally transform the business”

Cycle to Work scheme uptake remains steady despite political scrutiny

The scheme “continues to support everyday commuting” and reports modest year-on-year growth, despite political scrutiny over spending cap

Deviate Cycles is back: Scottish high-pivot mountain bike specialist returns after liquidation woes, but removes e-MTBs from its line-up (for now)

After closing before the new year, Deviate reopens its global online shop but pauses the sale of its new e-MTB

Shimano profits slashed in half despite slight sales rise as company blames “weak demand” and rising geopolitical risks

The Japanese manufacturer's fortunes echo those seen across the bicycle industry

Frog Bikes files to appoint administrators amid “series of significant challenges”

Popular children's bike brand insists "all parties are committed to securing a positive outcome for the business" and remain hopeful of attracting investment

Campagnolo rules out “any form of layoffs” and hits out at “inaccurate” media reports on troubles – but admits “deep internal reorganisation” is taking place

“The goal is to simplify, reduce decision-making layers, speed up processes, and give space to the young talents who are already part of the organisation. This is not a cosmetic change,” the iconic Italian brand said

British cycling clothing brand Le Col bought by Head Group, months on from founder’s departure following years of heavy losses

The brand will now be based in Milan, forming part of tennis giant Head’s “continued expansion of its sportswear and apparel division”

DealClincher x Zwift end of season sale! Get the best price on the Wahoo Kickr Core 2 with Zwift Cog and Click, now down to just £399.99

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“All our jobs remain”: Sonder Bikes owner Alpkit saved by new owner after entering administration

All shareholdings have been voided but Alpkit insist stakes will be offered in the new company

“An extremely sad day”: Sonder Bikes’ owner Alpkit enters administration but “in advanced talks” with potential new owner

Chief executive blames "incredible challenges" facing the business, including "rapid cost inflation" and new trade barriers

Brompton’s new £100m car-free bike factory remains on hold until “meaningful recovery in market conditions”

Folding bike brand insists it is committed to "exciting and inspiring prospect" of new factory in Kent, but local politician brands delay "disappointing" and questions if "other firms may be interested" in the site

On-the-fly tyre pressure adjustment innovator Gravaa declared bankrupt due to lack of sales – nine months after Paris-Roubaix triumph

The Dutch company pioneered the self-inflating and deflating tyre technology used by Pauline Ferrand-Prévot to win Paris-Roubaix last year, but says it has struggled to “get enough orders to make any margin in the current market”

Canyon axes up to 320 jobs as part of “continued consolidation”, two weeks after claiming business not in crisis

The German bike manufacturer had previously warned that "efficiency measures" were needed to navigate the "ongoing challenging market"

Rapha to shut Manchester clubhouse and half of its American branches – week before unveiling new USA Cycling team kit

The brand’s CEO Fran Millar said the “painful decision” forms part of a host of changes “to bring greater focus” at Rapha following eight straight years in the red

Brompton “optimistic” as cycling industry “normalises” – despite folding bike brand’s post-tax losses doubling

The British company’s sales also dropped by 7.5 per cent, though pre-tax profits rose by almost £126,000 last year

Multiple redundancies confirmed at Endura, as troubled cycling apparel brand set to leave Scotland for London

The job losses and “total relocation” of the Scottish brand – part of a move to a “more streamlined product process” – come after Endura suffered two consecutive years in the red, totalling over £18m in losses

Canyon not in crisis and can hit €1bn sales by 2030, insists bike brand’s founder — months on from parent company reducing value by 43% and confirming “efficiency measures”

Founder returned as CEO last year and believes "the best is still ahead of us" despite painful post-pandemic period which saw company valuation slashed

DealClincher x Zwift Big New Year sale! Biggest savings ever on Zwift Ride with Kickr Core and Wahoo Kickr Core 2

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Bianchi recalls Impulso RC Bikes due to handlebar defect

Quality inspection revealed a potential safety issue that could cause handlebars to break during use

Brompton reports lowest annual sales since 2021 as CEO warns government not to “stifle” growth

The folding bike maker sold fewer bikes over the past year, but higher-priced models and a growing subscription service helped drive a 2,735% rise in pre-tax profit

Trek recalls 700 electric road and gravel bikes due to loose chainrings, as brand tells customers to stop riding immediately

The American company says the chainring bolts were “not tightened to specification during assembly”, causing them to loosen and potentially fall off the bike, creating a crash risk

Prendas Ciclismo owner returns to profit and “proud to have stabilised” despite heavy bike industry downturn

Cycling Brands Ltd, which also owns custom-clothing maker Shutt Velo Rapide, said they "are not complacent" despite the upturn in fortunes.

US imports of Chinese bikes recover slightly amid uncertainty of Trump tariffs

Bicycle imports on the rise since early summer low point, but picture remains uncertain due to controversial economic policy

Campagnolo confirms job losses as part of financial plan to “strengthen competitiveness and ensure sustainable growth”, after report 40% of staff laid off in response to third year of heavy losses

Italian components brand following "highly structured plan" to improve fortunes — but insists "made in Italy remains both a priority and a responsibility for the company"

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DealClincher x Zwift Black Friday takeover! Take £100 off Zwift Ride with Kickr Core and save 20% on the Wahoo Kickr Core 2

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Cycling Halfords’ “stand-out performer” as bike sales jump 9%, making up almost a quarter of retailer’s revenue

Halfords’ cycling sector was responsible for £208m in revenue as overall sales rose by 4% in the first half of 2025, though commentators continue to warn about weather-based “fluctuations”