bike industry

Canyon’s value drops 43% as bike brand makes £32m loss

Situation in the bike industry remains "strained" and Canyon predicts another "challenging" year in 2025

Mon, Jun 02, 2025 12:38
17

Giant starts 2025 with revenue boost thanks to increased orders and high demand in Chinese market, but uncertainty lingers as April profits plunge

The Taiwanese bike manufacturer enjoyed growth in the first quarter of the year, but saw its revenue drop by 17% compared to the same month in 2024

Wed, May 14, 2025 13:29
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“Ongoing Trump tariff insecurity” to blame as high-end bike component brand Rotor shuts US office

The Spanish manufacturer says its North American subsidiary will close in June, thanking staff for “their professionalism in light of the difficult situation”

Thu, May 08, 2025 16:52
4

WyndyMilla founders save custom bike specialist and Spoon Customs from liquidation, but insist: “There is no grand plan as of yet”

Henry Furniss and Nasima Siddiqui, who sold the company in 2019, announced they have secured WyndyMilla, along with sister brands Spoon Customs and Gun Control Custom Paint

Thu, May 08, 2025 14:44
1

“Leaving children unprotected”: Trump tariffs on cycle helmets spark safety concerns, as trade group calls for cycling industry exemption amid warnings of “devastating” closures and lay-offs

“The current tariffs will have devastating impacts on our industry if not adjusted in the near term,” PeopleForBikes said in an open letter they plan to send to the US president

Fri, May 02, 2025 17:55
18

British cycling clothing brand Fat Lad At The Back set to close – despite owners saying business is “doing well”

“We’re financially secure, it’s business as usual for now… we’re proud to say it’s going out on a high,” FLAB co-owner Lynn Bye said

Fri, May 02, 2025 10:59
9

Stop whining about Lime bikes: they’re currently the jewel in Britain’s diminutive active travel crown

The negative column inches about piles of bikes left sprawled across the pavements of London might dominate - but for all the noise, George makes a case for embracing accessible and affordable e-bikes for all

Thu, May 01, 2025 13:44
39

Shimano scraps custom clothing line due to “increasing competition, shifting retailer priorities, and supply chain challenges”, leading to 13 job losses

The Japanese bike components giant also announced that it would be scaling back its regular cycling apparel range as part of organisational changes

Wed, Apr 30, 2025 13:56
1

What do Donald Trump’s tariffs mean for cycling? We chat to an industry insider about price rises and why the tariffs present a post-Brexit opportunity for UK brands

On episode 102 of the road.cc Podcast, Dominic Loh of Funn and Granite Design discusses the reaction to the US president’s trade war, staying positive (and nimble) among the doom and gloom, and why the world is big enough to cushion the tariffs

Fri, Apr 25, 2025 15:59
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“Signs of recovery” for Shimano as component sales jump by 16% at start of 2025 – but Trump tariffs hitting consumer confidence in US, brand says

Shimano says retail sales in Europe have increased as demand “stabilised” after a sluggish 2024 compounded by the company’s costly crank recall programme

Thu, Apr 24, 2025 12:39
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