Retail

Peloton’s UK subsidiary posts £81m loss despite booming lockdown sales

News comes in a month in which brand’s CEO backtracked from comments that business had six months to save itself

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Shimano says demand for bikes still higher than pre-pandemic despite “signs of cooling down”

Shimano's net sales increased 20.6% from the previous year, while its analysis reported high-end bikes are still in short supply and entry-level ones are now plentiful

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Bowman Cycles returns under new ownership

The British bike company was liquidated in January after what the then-owner described as a “absolute clusterf**k” of supply chain issues

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Oil giant Shell to make e-bikes as well as e-scooters – or at least their name will be on them

Firm says it needs to “implement a mosaic of solutions” to lower its carbon emissions

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Mate Bike prosecuted for its 750W 20mph e-bikes and told to issue recall

Manufacturer pleaded guilty after arguing vehicles were intended for off-road use

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Halfords fined for sending 500,000 unwanted Fix Your Bike scheme marketing emails

"Halfords is a household name and we expect companies like them to know and act better": Information Commissioner's Office concluded, fining retailer £30,000

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Decathlon blames Brexit for higher UK e-bike prices and launches rental service to make them more accessible

French retailer charges €1,199 for Riverside 500E on the continent but around €300 more than this in the UK

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Peloton teams up with Amazon in bid to halt sliding bike sales

News sees shares of beleaguered fitness brand rally – but they’re still a fraction of the value they were just nine months ago

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Major cycling retailer warns customers of fake website scam

Scammers mimicking Cycle SuperStore have contacted customers to say they have won a competition and should hand over credit card details

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UK’s cycling market and infrastructure “being left behind” by Europe, experts warn

Though cycling levels continue to rise by 33 percent, bike sales are down by a quarter on pre-pandemic levels

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Beeline launches £800,000 crowdfunded investment drive to fund next stage of expansion

London-based GPS navigation firm which aims to give users safe and enjoyable routes launched its Velo 2 device last month

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Peloton stops making bikes in US as shares hit all-time low

Fresh woes for brand that became darling of Wall Street as share price soared in lockdown

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“Considerable softening of the cycling market”: Halfords sales slow as supply chain disruption and inflation bite

2021/22 saw drop-off in cycling sales, but retailer says it should "emerge from this challenging trading environment in a relatively stronger position"

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Global cycling boom sparked by COVID-19 “cooling down” says Shimano

Growth in sales of bike components remains strong – but has slowed compared to 2021

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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

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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

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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

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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

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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

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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

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Industry calls for clear rules on replacement e-bike batteries and warns users against having them repaired

EU legislation on e-bike batteries is currently being revised

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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

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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

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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

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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

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January sales? Gocycle joins Rad Power in New Year price hikes with the G4i now £1,000 more expensive

Firm raises folding e-bike prices by up to 25%

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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

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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

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Is Upway’s marketplace for refurbished e-bikes the shape of things to come?

French firm raises €5m as investors anticipate sharp growth in second-hand market

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Pierer E-Bikes buys Felt Bicycles

Austrian firm looking to increase US presence

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