Retail

IKEA’s solar powered e-cargo bike delivery trial was a success

SunRider trike can carry 90 per cent of retailer’s products

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Giant postpones payments to suppliers due to falling demand, rising inventory levels, and market “headwinds”

“We still believe the future of the cycling market continues to be bright,” says the Taiwanese manufacturer, as Merida insists its cash flow remains normal

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Specialized ends contracts for paid ambassadors

The US-based ambassadors say the brand is axing the ambassador programme altogether

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Canyon aims to convert motorists with ‘cycling SUV’ and cargo bikes

"If you live in a city and want to get from A to B, you don’t need a car"

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Rapha boss steps down, joint managing directors appointed

William Kim leaves cycling clothing firm after 12 months in charge

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Giant sales up 14% compared to last year but shortage of high-end products remains

Giant Group's first three quarter net sales totalled $2.2 billion even with market demand "cooling"

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Raleigh to open experience centre in Nottingham showcasing past, present and future of iconic brand

Site on Maid Marian Way will highlight history of company as well as its current range, and provide hub for local community and schools

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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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