bike industry Archives

bike industry

Is this the UK’s worst city for cycling? Riding around Belfast’s abysmal bike network (and why drivers should be cycling campaigners’ best friends) + Do cycling culture war stories harm the bike industry?

On this week’s podcast episode, we jump on the bike for a freezing wet tour of Belfast’s, ahem, variable cycling infrastructure, and take a deep dive into the state of the industry five years on from Covid (and why anti-cycling tabloid stories don’t help)

Fri, Mar 14, 2025 20:02

UK bike sales plummet to early 1970s levels and were lower than any other year this century in 2024, reveals Bicycle Association report

While non-electric and electric bike sales fell by 4% and 5% respectively, in what the association considered to be a “challenging” market, high-end road and mountain bike sales increased

Wed, Mar 12, 2025 14:39

Garmin Edge 1050 A cycling computer that does it all

Garmin announces record revenue and $1.6 billion operating income in 2024, citing strong demand for smartwatches and other wearables

The sports and fitness tech giant enjoyed 20% and 46% increase on revenue and operating incoming over previous year, and said that it expects “continued strong momentum” in 2025

Thu, Feb 20, 2025 18:06

Tribunal orders former Scott Sports CEO to sell shares, ending bizarre “power struggle” which saw police called to HQ over “dispute between managers”

International Chamber of Commerce rules Beat Zaugg should cede his 47 per cent stake in the company to its majority owner

Mon, Feb 17, 2025 12:34

Shimano crank ‘recall’ cost £70m in 2024, as bicycle components giant’s sales drop again amid “weak” cycling market

Despite post-pandemic challenges Shimano confident "strong interest" in cycling will continue in the long-term and predicts boost to sales in 2025

Wed, Feb 12, 2025 16:43

Wattbike seeks investment following years of losses and falling sales, but static bike brand insists “significant improvements in financial performance” recently

Turnover dropped to £13.7m in 2023 from £32.2m in 2021, but Wattbike says sales are up 35 per cent since September and securing funding was always company's intention

Mon, Feb 10, 2025 12:56

Cycling clothing brand La Passione closes, but founder promises “new chapter”

Premium cycling apparel company stopped taking orders at the end of 2024, its founder stating the "time has come to turn the page" and "explore new opportunities"

Mon, Feb 03, 2025 15:14

Boost to cycling sales sees Halfords upgrade profit expectation

UK's biggest cycle retailer celebrates strong end to 2024, with sales growth of 13 per cent led by cycling

Tue, Jan 28, 2025 10:03

24 hours in Roubaix: tales from a top secret cycling launch

Rebecca headed to Roubaix for the Van Rysel Roubaix Team launch and was back in Yorkshire 24 hours later. Here's what went down

Tue, Jan 14, 2025 11:09

2021 Light & Motion Seca Comp 2000 front light.jpg

Bicycle lights brand closes after 35 years, citing “political winds” and “decline” of US manufacturing

Light & Motion has ceased operations after more than three decades in business, highlighting the "challenges of being a US manufacturer"

Tue, Jan 14, 2025 10:34