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“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
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”
Popular children's bike brand insists "all parties are committed to securing a positive outcome for the business" and remain hopeful of attracting investment
“The goal is to simplify, reduce decision-making layers, speed up processes, and give space to the young talents who are already part of the organisation. This is not a cosmetic change,” the iconic Italian brand said
The brand will now be based in Milan, forming part of tennis giant Head’s “continued expansion of its sportswear and apparel division”
All shareholdings have been voided but Alpkit insist stakes will be offered in the new company
Chief executive blames "incredible challenges" facing the business, including "rapid cost inflation" and new trade barriers
The Dutch company pioneered the self-inflating and deflating tyre technology used by Pauline Ferrand-Prévot to win Paris-Roubaix last year, but says it has struggled to “get enough orders to make any margin in the current market”
On the latest episode of the road.cc Podcast, industry stalwart Rory Hitchens joins us for our annual cycling market health check-up, and Ryan and Dan pore over the details of next summer’s festival of bike racing
The British company’s sales also dropped by 7.5 per cent, though pre-tax profits rose by almost £126,000 last year