Retail

John Lewis expands partnership with kids’ bike subscription service Bike Club to online

Monthly subscription initiative enables parents to swap their children’s bikes as they grow

o

Giant expects more bike delays due to lockdown in China

“It is a hell of job,” says Giant’s Chairperson Bonnie Tu as manufacturing plants in China are temporarily closed

o

Decathlon finally suspends trading in Russia, Wiggle confirms it ceased selling there in February

Foreign firms have been urged to stop operating in the country following its invasion of Ukraine

o

Halfords announces plans to buy and sell second-hand bicycles

UK's largest bike retailer will offer customers up to £250 store credit for their unwanted bikes

8

Bike supply chain woes could end this year and Brexit not solely to blame for Shimano shortages, claims Madison CEO

Is the end in sight for the bike industry's chronic supply chain problem in the UK? Dominic Langan speaks at DigiBike 2022 about Shimano supply during the pandemic, how things are looking going forwards and the problem with fakes

8

Peloton’s parting gift to 2,800 employees it just fired? A year’s free membership …

Cost-cutting drive sees connected fitness brand make one in five staff redundant amid falling sales and bid rumours

8

Updated: Specialized confirms direct-to-consumer bike delivery is free

...although you'll need to pay if you'd like a technician to deliver your bike and ensure it's set up properly

11

Raleigh owner sold for €1.6 billion as private equity giant punts on future of e-bike market

US firm KKR of Barbarians At The Gate fame leads consortium buying Netherlands-based Accell Group

o

Bowman Cycles liquidates after “absolute clusterf**k” of supply chain issues

In November, the brand's founder blamed supply chain issues having a devastating effect on the business amid complaints of unfulfilled orders

53

Retro reborn: iconic Prendas Ciclismo jerseys are back as company announces new ownership

Dorset company was forced to scale back operations last year due to effects of Brexit and Covid

2

WiggleCRC deal completes as new owner debuts on New York Stock Exchange

Signa Sports United predicts huge growth in online sports retailing, with e-bikes in the vanguard

8

Bikes worth £50,000 stolen from Hertfordshire workshop and café

Thieves carried 10 bikes across two fields after break-in at SpokeCycles CC in Welwyn

2

Rapha chief executive Simon Mottram to step down after 17 years

Business’s founder will remain “very close to the brand” and sit on its board, with ex-AllSaints CEO William Kim replacing him

4

Proviz face social media backlash for inflammatory post

Enhanced-visibility sportswear brand come under fire after asking followers to fill in a provocative blank

50

An absolute clusterf**k: Bowman Cycles speak out on supply chain issues after unhappy customers complain

Bowman’s founder says supply chain issues have had a devastating effect on the company’s ability to fulfil orders, and is trying to “work out how to refinance” the business

44

What are your options when you can’t find the bike component you’re looking for?

Bike shops are running short of some parts and accessories; here's what you can do...

20

Scam alert! Shimano issues warning saying that ‘shimano-clearance.store’ is a fake site

SPD-SL and SPD pedals are being 'sold' at highly discounted rates on the website, with Shimano itself quickly warning potential buyers that the site isn't genuine

8

Brompton CEO warns of raw materials shortages hitting bike industry

Will Butler-Adams says supply chain issues hitting sector could take 18 months to resolve

56

Cervélo owner to buy Cannondale parent company Dorel Sports to become world’s biggest bike manufacturer

Pon Holdings, owner of Cervélo and Gazelle, agrees to buy Dorel Sports

7

Fuel shortages give further boost to bike sales, says Decathlon

Retailer has seen sales of bikes more than double, with particularly strong growth in commuter models, while Wiggle points to gravel bikes as helping grow sales

2

Rapha to move to new headquarters in north London

Refurbished warehouse near Archway will provide almost twice as much space as existing premises for cycling brand

11

Hopes for bike industry supply chain as Vietnam lockdown lifts – but it could be ‘five or six months’ before production returns to normal

Vietnam, a crucial part of bike industry supply chain, is officially out of lockdown... but complicated process where factories must apply for permission before reopening will cause further delays

o

Bike sales continue to grow at Halfords despite availability issues

Retailer optimistic about outlook for cycling despite continued supply chain disruption

o

Peloton cuts cost of exercise bike by 20 per cent as losses worsen

Revenue growth is also slowing at firm which saw sales boom during lockdown last year

19

Bike shortage sees scammers target shoppers with fake websites

If a deal sounds too good to be true it probably is – here are some tips to avoid being conned

3

Bike boom: Sales up 25% but increased motor traffic holding back further growth, says Bicycle Association

Bicycle Association data shows 40% growth by value against 2020, and 25% by volume - but motor traffic levels may be holding back further growth

o

Berlin study finds only a third as many shoppers came by car than retailers assumed

Research also found that more than 90 per cent of takings were from people who arrived on foot, by bike or using public transport

12

Halfords warns of “acute” bike shortage – despite booming profits

Profits double at car parts and cycling business during lockdown, but there are supply issues ahead

3

Pirelli launches the P7 Sport clincher tyre, an all-rounder for “robustness, grip and durability”

Pirelli says this addition completes its range of road clincher tyres, with a focus on year-round durability and mile-munching with an accessible price point

9

Prendas Ciclismo scales back operations due to Brexit

Brand known for retro jerseys won't be selling them any more as impact of UK leaving EU hits home

4