cycling industry Archives

cycling industry

Bikes driving Halfords’ renewed “momentum” as retail giant’s cycling sales jump by over 6%

Despite the “uncertain macroeconomic backdrop” of the ongoing conflict in the Middle East, Halfords’ outlook continues to improve

Thu, Apr 30, 2026 16:29

Mike Ashley’s Frasers Group swoops to buy Frog Bikes, as embattled children’s bike brand joins growing Sports Direct and Evans Cycles empire

Frog Bikes went into administration in February following what the company’s owners described as “a series of significant challenges”, including the impact of Brexit

Thu, Apr 30, 2026 11:59

2022 Dauphine – Ineos Grenadiers Pinarello Dogma F 2 shimano

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

Local Bike Shop in London (copyright Simon MacMichael)

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

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

2025 Giant Defy Advanced SL 1 – front.jpg

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

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

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

Frog Bikes files to appoint administrators amid “series of significant challenges”

Popular children's bike brand insists "all parties are committed to securing a positive outcome for the business" and remain hopeful of attracting investment

Tue, Feb 10, 2026 11:03

Campagnolo rules out “any form of layoffs” and hits out at “inaccurate” media reports on troubles – but admits “deep internal reorganisation” is taking place

“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

Fri, Feb 06, 2026 11:00