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bike industry

2025 Giant Defy Advanced SL 1 – front.jpg

Worrying start to 2026 for Giant as bike brand’s revenue slumps by 22% in January

Giant’s weak opening month of the year follows a turbulent time for the Taiwanese manufacturer, which was the subject of a prolonged embargo by the US government over forced labour allegations

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2025 Garmin Edge 850

The fitness tech boom continues: Garmin reports record revenue for 2025

“Looking forward, we anticipate building on this momentum with many exciting new product launches throughout the year,” the company’s president and CEO Cliff Pemble said

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Raleigh Mustang Elite – down tube.jpg

The ultimate bike industry boom and bust disaster story? Private equity firm that invested huge sums in Raleigh’s parent company has lost over £1 billion

Accell, which also owns Lapierre, Babboe, and a host of other bike and e-bike brands, says it has secured new financial backing as part of its latest restructuring process, which it claims will “fundamentally transform the business”

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2022 Dauphine – Ineos Grenadiers Pinarello Dogma F 2 shimano

Shimano profits slashed in half despite slight sales rise as company blames “weak demand” and rising geopolitical risks

The Japanese manufacturer's fortunes echo those seen across the bicycle industry

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Frog 47 green 1

Frog Bikes files to appoint administrators amid “series of significant challenges”

Popular children's bike brand insists "all parties are committed to securing a positive outcome for the business" and remain hopeful of attracting investment

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Campagnolo Super Record X October 2025

Campagnolo rules out “any form of layoffs” and hits out at “inaccurate” media reports on troubles – but admits “deep internal reorganisation” is taking place

“The goal is to simplify, reduce decision-making layers, speed up processes, and give space to the young talents who are already part of the organisation. This is not a cosmetic change,” the iconic Italian brand said

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Le Col Pro Jersey – back logo

British cycling clothing brand Le Col bought by Head Group, months on from founder’s departure following years of heavy losses

The brand will now be based in Milan, forming part of tennis giant Head’s “continued expansion of its sportswear and apparel division”

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Alpkit administration January 2026 (1)

“All our jobs remain”: Sonder Bikes owner Alpkit saved by new owner after entering administration

All shareholdings have been voided but Alpkit insist stakes will be offered in the new company

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Alpkit administration January 2026 (1)

“An extremely sad day”: Sonder Bikes’ owner Alpkit enters administration but “in advanced talks” with potential new owner

Chief executive blames "incredible challenges" facing the business, including "rapid cost inflation" and new trade barriers

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Canyon Endurace AllRoad

Canyon axes up to 320 jobs as part of “continued consolidation”, two weeks after claiming business not in crisis

The German bike manufacturer had previously warned that "efficiency measures" were needed to navigate the "ongoing challenging market"

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