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cycling industry

2025 Campagnolo Super Record 13 All Road action

“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”

Thu, Nov 27, 2025 13:56
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2025 Garmin Forerunner 970.jpg

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"

Thu, Oct 30, 2025 09:37
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2022 Dauphine – Ineos Grenadiers Pinarello Dogma F 2

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

Tue, Oct 28, 2025 16:00
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Rapha Clubhouse London

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"

Mon, Oct 20, 2025 14:00
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2022 Endura Womens Pro FS260-Pro SS Jersey – gripper.jpg

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

Thu, Oct 16, 2025 15:29
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2025 Merida Reacto 9000 rainbow Merida wordmark logo.jpg

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

Tue, Oct 07, 2025 09:20
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Beeline Bicycles, Oxford

“Cycle industry in a major recession”: Independent bike shop enters liquidation and claims summer heatwave saw sales plummet to off-season winter levels

Sales doubled during pandemic bike boom but yet another cycling business closes for good as demand eased and costs rose in recent years

Tue, Sep 30, 2025 15:46
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Sigma Sports 2025

Cycling retailer Sigma Sports halves losses to £925,000 and insists 2024 was “positive” despite cost-of-living crisis, inflation and inventory woes battering bike industry

Sigma Sports confident it is "leading premium retailer" in the bike industry but predicts "backdrop of UK's economy to remain challenging" this year

Mon, Sep 22, 2025 16:40
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2023 Yoeleo G21 DB PRO Gravel Bike – seat tube bosses.jpg

Trump tariffs led to bike sales “free fall” says Chinese brand, as US imports plunge in first half of 2025

Bicycle imports to the United States fell by 25 per cent year-on-year in the first half of 2025, while China’s June shipments to the US dropped by a staggering 74 per cent

Fri, Sep 05, 2025 11:58
o
Orbea factory

Bike industry on hold as uncertainty around Trump’s controversial tariffs continues

Cycling groups predicted US bike industry may not recover from "devastating consequences" of Trump tariffs until end of the decade

Tue, Aug 19, 2025 11:34
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