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“Post-Covid bike market remains very challenging, particularly for standalone stores”: Long-running bike shop “no longer commercially viable”, closes after 35 years in business

Alpine Bikes to close in Aberdeen despite "extensive efforts" to adapt, as owners highlight ongoing challenges facing the bike industry in recent years

Mon, Nov 11, 2024 18:06
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2022 Endura Womens Pro FS260-Pro SS Jersey – gripper.jpg

Endura posts huge £14m loss after “large reduction in sales” and inventory “impairment” – first time Scottish cycling brand has been in the red since 2019

“We have confidence that the merits of cycling will ensure that the global market for such products will remain robust long into the future”

Sun, Nov 10, 2024 11:36
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Bradley Wiggins rides Orro bike during charity sportive (Pau Project)

Future of British bike brand Orro secured by investment company promising to “continue its tradition of producing world-class bicycles”

Following parent company i-ride’s collapse last month, the popular Sussex-based bike brand has been saved following the acquisition by a capital and investment group

Thu, Nov 07, 2024 16:08
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Local Bike Shop in London (copyright Simon MacMichael)

“Survive until 2025… if we can get to the end of this year, we’ll be okay”: British bike manufacturers hoping to make it through industry woes

Years since Covid have seen numerous cycling businesses disappear, from big players and major distributors to smaller independents, with many of those who have survived posting huge losses

Mon, Nov 04, 2024 11:17
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2022 Dauphine – Ineos Grenadiers Pinarello Dogma F 2

Shimano sales down 12% in 2024, but cycling components giant points to “signs of progress”

Manufacturer reports income in its bicycle division is down a quarter on 2023 amid ongoing inventory woes and a challenging economic picture

Tue, Oct 29, 2024 17:22
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Halfords barrier logo 3×2 (copyright Simon MacMichael)

Halfords says new premium bike range is a hit – but cycling market remains challenging following “UK’s wettest spring since 1986”

Despite the continuing headwinds facing the cycling industry, Halfords says its “controlling the controllables” strategy is going to plan

Fri, Oct 25, 2024 12:36
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Raleigh Mustang Elite – down tube.jpg

Brighter days ahead for bike industry? Raleigh owner reports inventory levels back to normal

Accell Group has reportedly reached an agreement to reduce its debt by €600 million

Mon, Oct 07, 2024 17:05
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2024 Boardman ADV 9.6 carbon

“The premium sector is the fastest-growing part of the cycling market”: Halfords to double the amount of bikes in its range priced over £1,000

The new bigger Halfords bike range will feature models from Carrera, Boardman and Voodoo, with prices up to £3,800

Thu, Sep 19, 2024 15:51
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Prices slashed across bike industry summer clearance sales

Huge discounts spotted as bike and cycling clothing prices slashed in summer clearance sales at Wiggle, Trek, Rapha, Evans Cycles and more

A great time to find a bargain? Host of cycling brands cut prices by up to 80% across kit, tech, components and bikes

Wed, Aug 21, 2024 14:14
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2024 Giant TCR Advanced Pro 1 105 Di2 – downtube.jpg

Giant’s profits slashed by 17% and sales down 13% for first half of 2024 – but company expects “gradual” improvement as inventory levels return to normal

This latest financial report marks an improvement of sorts for the world’s biggest bike manufacturer after a troubling first quarter saw profits slump by 38 per cent

Tue, Aug 13, 2024 12:30
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