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Fantasy Cycling
The latest attacks by Houthi rebels along the crucial international trade route have caused the cost of shipments from Asia to Europe to soar, raising concerns for a struggling bike industry
The iconic British cycling brand’s parent company also said its parts and accessories business will close and warehousing outsourced
An update from the company said it is working with a "specialist business rescue advisory firm" to restructure the business to protect jobs in the hope of "ensuring the continuation and strength of the Orange Bikes business moving forwards"
Figures published by the beleaguered online cycling retailer's administrator suggest £1 million was owed to two major cycling distributors, although some debts listed have now been paid
In February, Frog Bikes said "the day to day issues in fulfilling orders have dominated most of our trade relationships with the EU", but the bike brand has now spoken of being able to "envision expanded exports to countries like Singapore and Canada"
Sondec Cycles owner told council the “general public won’t be convinced to give up their cars” in a hilly place like Rotherham
Orbea bike valued at £4,000 taken, with extensive damage also caused to shopfront and stock
Company expects expects “challenging environment for the bike industry” to continue in 2024
Update filed at Companies House says trading at online retailer “has been very positive”
Amid numerous reports of buyers' items not arriving, the cycling tools brand's website has closed, with customers left in the dark
Shimano’s Malaysian supplier has been accused of physical abuse and threats, unlawful salary deductions, and unpaid suspension
The Association of Cycle Traders says Cyclescheme’s recent decision to prevent retailers from charging additional fees on bikes purchased under the scheme was “the straw that broke the camel’s back”
Administrators of business say that it is proving “incredibly attractive” to potential buyers as sale process continues
UK’s biggest bike retailer claims it is performing better than rivals despite challenging market; meanwhile, London and SE chain Balfe’s Bikes posts loss
The deal featured the new Kickr Bike Shift and a year-long Zwift subscription – but one customer complained that the “confusing” offer was a “violation of marketing laws”
AG2R riders will be sat atop bikes from Decathlon's in-house performance road cycling brand in 2024, and the RCR road bike in its team spec will be available in the new year for around £8.5k
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Cyclescheme says removing “unexpected charges” will create “a more positive and fair experience” for customers, but some bike shop owners claim the change will see them lose money on Cycle to Work sales
The Taiwanese manufacturer says that, despite short-term challenges, demand for performance-level products “remains strong”
The e-bike conversion kit startup says the £3.4m funding will help cut delivery times and aid the company's expansion
Award-winning wall-mounted bike storage firm says current trading environment left it with “no choice”
Wish says examples “appear to have circumvented our filters due to incorrect tagging from our merchants”
The sale process is expected to gather pace rapidly, as Hotlines, also owned by WiggleCRC’s parent company, has also entered administration
The bike manufacturer is also shutting its Parts and Accessories division and will be outsourcing warehousing and logistics to third-party contractors
"As the leading cycling retailers, we have a responsibility to support the whole market"
The premium cycling clothing company has now posted a loss for the sixth year running, however an independent auditor identified no uncertainties which could cast a doubt on Rapha's future
The joint administrators, who are currently preparing the business for sale, said the “decision was not taken lightly”, in the same week Wiggle’s parent company filed for insolvency in Germany
The latest blow for the cycling retail giant will not come as a surprise, days after Wiggle Chain Reaction entered administration and was put up for sale by administrators
CEO Max Strandwitz insisted the helmet technology company can "remain confident about our long-term growth opportunities in the bike sub-category once the market starts to normalise"
Mike Ashley’s business already has presence in cycling market through Evans Cycles and ProBikeKit