bike industry

Bleak start to 2026 for Shimano as sales drop and operating income slashed by half

The component giant’s net income is down 55.5 per cent compared to 2025 thanks to weak retail sales across the world, though the company’s fishing business saw a 20 per cent boost in sales

Thu, Apr 23, 2026 16:59
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Major e-bike brand to stop selling in US due to “increasingly volatile market conditions”

Last summer, Riese & Müller halted shipping to the United States amid uncertainty around Donald Trump's tariffs, the brand now stating "given the current circumstances, it is more important than ever for us to focus our efforts on our core markets"

Tue, Apr 21, 2026 10:15
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“We really are our own worst enemies — the bike industry doesn’t need ‘new’ at the minute… it needs better”: A conclusion from 20 years in the cycle trade + more on the live blog

It's an old school live blog for you this Thursday, Dan Alexander and Jack Sexty chipping in with news, views, opinion, silliness and more throughout the day

Thu, Mar 19, 2026 09:09
15

Is the cycling industry back on track? UK bike market returns to growth for first time in four years, new report finds

According to the Bicycle Association’s annual report, the total market value for the UK cycling industry is up five per cent year-on-year – the first time that’s happened since 2020

Thu, Mar 12, 2026 17:23
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Giant CEO lobbies Trump administration to lift bike import ban after forced labour allegations

The bike manufacturer insists there are "no abusive practices" or "debt-bonded labour" and that the company "remains firmly committed to human rights and regulatory compliance"

Tue, Mar 10, 2026 11:48
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Redundancies at Frog Bikes after popular children’s bike brand files to appoint administrators

The job losses suggest the company has yet to find new ownership

Wed, Feb 25, 2026 10:57
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Specialized and Trek among major bike brands suing US government to recover Trump tariff costs following Supreme Court ruling

Bike industry joins the queue of companies looking for rebates following the Supreme Court's ruling some Trump tariffs were implemented illegally

Tue, Feb 24, 2026 09:51
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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

Mon, Feb 23, 2026 16:16
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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

Thu, Feb 19, 2026 13:06
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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”

Thu, Feb 19, 2026 11:25
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