Retail

Bike industry turmoil continues as UK cycle distributor 2pure enters administration

The Livingston-based distributor’s troubles follow the demise of competitor Moore Large in March

Wahoo eliminates all debt following “significant” support from investors

The company’s “successful recapitalisation” comes a month after its credit rating was lowered by two leading agencies amid missed debt service payments

Brompton confirms £19 million investment in first equity capital raise for 35 years

CEO Will Butler-Adams cited the "need to move faster" with "the impact of climate change being felt by us all" and the greatest carbon emissions coming from cities

Ribble Cycles hit by delayed deliveries again as customers complain of poor service

Several customers have had their delivery dates pushed without notifications and complained about poor customer service, with problems when ordering under Cycle to Work scheme also reported

E-bike sales thrive throughout Europe’s main markets – except the UK

According to 2022 sales statistics, e-bike sales volumes increased by double digits in many European countries

Peloton reports a defect in its bike seats after users report injuries, also announces ninth straight quarter of loss

This marks the fourth time the beleaguered fitness brand has identified a product defect recently, with 12 injuries, including a wrist fracture being reported this time

Ridley and Eddy Merckx parent company to invest €15m in e-bike production

The Belgian Cycling Factory is planning a roll-out of a full e-bike line by 2025

Local Bike Shop Day: Cyclists from around the country show their love for neighbourhood shops

With more than 500 retailers taking part, here are some of the people giving shoutouts to their favourite cycling shops

Shimano’s first quarter sales worse than expected despite already lowered projections

The post-pandemic crunch has now hit the world's largest bicycle component manufacturer, with the Japanese giant's income expected to shrink by more than half in 2023

Troubled waters for Wahoo? GPS and indoor training brand cites “special agreement” after missing payment deadline and getting its credit rating lowered again

The grace period for the bike tech company to make its debt payments has expired, leading to a third downgrade in a year

Pon Bike sales hit £2 billion, doubling from last year

2022 proved to be another big year for the largest bike manufacturer in the world and behind brands like Cervélo, Focus and Gazelle

Decathlon launches bike rentals in all stores across the UK from £40 a day

What’s stopping you from getting on a bike? Decathlon’s new rental lineup features electric mountain bikes and folding bikes

Helmet market to grow by over $300 million globally in the next four years

Government initiatives promoting cycling and the rise in road injuries are some of the factors fuelling demand for helmets, according to a new report

Online cycling retailer ProBikeKit set to close

ProBikeKit's owner THG has announced the shutting down of its lifestyle division, citing it as "lossmaking"

Bikes and cycling accessories sold for huge discounts including road bikes for £110 as Moore Large stock auctioned

Moore Large's £35 million stockpile, including 35,000 bikes, is being auctioned by John Pye after the distributor entered liquidation earlier this month

Forme bikes and cycling stock worth £35 million to be auctioned following Moore Large liquidation

Moore Large's stock of around 35,000 bikes as well as £10 million worth of bike accessories will be auctioned by John Pye from Friday

Get your bike serviced by… Kwik Fit? Car servicing company steps into cycling

Kwik Fit announced it will be partnering with bike repair providers Fettle, initially with focus on supporting fleets using e-bikes and cargo bikes

Bike industry turmoil continues as Forme bikes and Lake cycling shoes distributor enters liquidation

The news comes less than a year since the distributor's board directors bought the business from the Moore family

‘The male, white, cycling enthusiast niche has reached its natural limit’: Cycling must address lack of diversity, says Bicycle Association

Launching its Diversity in Cycling project, the Association has urged the bike industry to change if it wants to grow and reach new customers

Backers of See.Sense bike tracker Kickstarter project still waiting three years on

"Maybe See.Sense has decided to turn this into a long-running joke?" says frustrated backer... but what's really going on?

Decathlon says it still has “progress to make” after cyclist points out that new “micro pockets” on women’s bib shorts can just about hold a cereal bar

The cyclist also noted that some men’s shorts stocked by the French retailer featured pockets big enough for phones

Brompton boss frustrated to be fighting “war of attrition” against rip-off rivals

"The moment you finally put it on the market, all of that innovation, all of that risk, someone comes along and says 'oh, thanks for telling me how to do it, I'm just going to rip you off'."

Ongoing Brexit “friction” blamed as Frog Bikes reports £500,000 losses

"The day to day issues in fulfilling orders have dominated most of our trade relationships with the EU"

Cycling products “back to normal levels” says Garmin president, as tech brand’s fitness division reports 71 percent profit drop

“We saw cycling products coming back to their normal levels, which we feel is very healthy,” says Cliff Pemble

UK bike sales fall to lowest level in 20 years

The Bicycle Association has published its Annual Market Data Report for 2022 and noted the sales slowdown since the Covid bike boom

Shimano’s cycling sales hit record high despite slowing demand

The company eclipsed its most successful year by 16.6 per cent, making it back-to-back years of record sales, even with demand for cycling products gradually easing off

Brompton CEO bemoans “bloody Brexit” for ongoing problems within bike industry

Speaking at length, Will Butler-Adams also commented on urban mobility, saying "it's not sensible to carry a human five miles in a two-tonne metal box"

“Drastic slowdown” in demand sees MIPS’ net sales slump 46% in final quarter of 2022

The helmet safety tech brand suffered a 50% drop in helmet sales as net sales dropped from £15.7 million to £8.5 million in the final portion of 2022 compared with 2021

Stolen Goat’s parent company acquires VeloVixen and Wildcat

The UK-based women’s cycling clothing brand entered liquidation at the start of January, citing “an unprecedented number of adverse forces”

UK E-bike sales slow due to cost of living crisis with lack of subsidies a barrier

Average cost of an e-bike has risen by over 25% since the start of COVID-19