bike industry

Multiple redundancies confirmed at Endura, as troubled cycling apparel brand set to leave Scotland for London

The job losses and “total relocation” of the Scottish brand – part of a move to a “more streamlined product process” – come after Endura suffered two consecutive years in the red, totalling over £18m in losses

Thu, Jan 08, 2026 10:30
14

Canyon not in crisis and can hit €1bn sales by 2030, insists bike brand’s founder — months on from parent company reducing value by 43% and confirming “efficiency measures”

Founder returned as CEO last year and believes "the best is still ahead of us" despite painful post-pandemic period which saw company valuation slashed

Tue, Jan 06, 2026 12:22
2

What was the biggest cycling story of 2025?

Trump tariffs, more industry woes, ITV's farewell, anti-Israel protests and eye-watering fines for cyclists — it was another busy year in 2025

Sat, Dec 27, 2025 10:00
8

US imports of Chinese bikes recover slightly amid uncertainty of Trump tariffs

Bicycle imports on the rise since early summer low point, but picture remains uncertain due to controversial economic policy

Tue, Dec 02, 2025 15:23
2

Campagnolo confirms job losses as part of financial plan to “strengthen competitiveness and ensure sustainable growth”, after report 40% of staff laid off in response to third year of heavy losses

Italian components brand following "highly structured plan" to improve fortunes — but insists "made in Italy remains both a priority and a responsibility for the company"

Tue, Dec 02, 2025 10:38
3

Cycling Halfords’ “stand-out performer” as bike sales jump 9%, making up almost a quarter of retailer’s revenue

Halfords’ cycling sector was responsible for £208m in revenue as overall sales rose by 4% in the first half of 2025, though commentators continue to warn about weather-based “fluctuations”

Thu, Nov 27, 2025 16:49
5

Canyon sales fall by £34m with “efficiency measures” now underway, months after parent company reduced bike brand’s valuation by 43%

Financial performance blamed on "ongoing challenging market", as investment group that owns Canyon confirms "implementation of efficiency measures" needed to get back on track

Tue, Nov 18, 2025 11:18
15

Rapha founder Simon Mottram becomes lead investor in independent British bike brand Quirk Cycles

London-based framebuilder targeting £500,000 funding round, with Mottram coming on board to "help scale this vision into a modern, globally respected performance brand"

Tue, Nov 18, 2025 09:41
5

Garmin celebrates record revenue as wearable fitness tech continues to boom

Revenue up 14 per cent on last year as CEO hails "strong" financial results "reflecting the strength of our unique, diversified business model"

Thu, Oct 30, 2025 09:37
6

Shimano profits plummet despite modest sales growth, as components giant blames cycling industry challenges, inventory issues, and foreign exchange losses

The Japanese company’s operating income dropped by a quarter in the first nine months of 2025

Tue, Oct 28, 2025 16:00
22