cycling 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

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Prendas Ciclismo owner returns to profit and “proud to have stabilised” despite heavy bike industry downturn

Cycling Brands Ltd, which also owns custom-clothing maker Shutt Velo Rapide, said they "are not complacent" despite the upturn in fortunes.

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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"

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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”

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“There is no alternative”: Campagnolo lays off 40% of its staff after suffering heavy losses for third year running

The iconic components brand has lost over €24 million since 2023, according to reports in Italy, forcing it to undertake a “significant rethinking of costs at all levels”

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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"

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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

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Rapha slashes valuation by £102m amid £15m loss and eighth straight year in the red, but insists “great work being done” to turn business around

Premium cycling clothing brand has lost £35m in the past two years, with turnover dropping by £14m in 2024 — but new CEO Fran Millar insists "we know the things we need to change and we are already making bold moves in the right direction"

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Endura posts £4.7m loss as Scottish cycling brand blames “continuation of challenging market conditions” year on from massive £14m loss

The latest figures mark Endura’s second successive year in the red, after three profitable years at the start of the 2020s

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Bike manufacturer Merida changes its migrant worker policy after Giant’s imports blocked by US over forced labour allegations

Taiwan-based bike brand introduces zero-fee policy for migrant workers and insists it "strictly complies" with country's labour laws

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