cycling industry Archives

cycling industry

Has the cycling industry killed the cheap road bike? Where have all the cheap bikes gone?

Yes, there are plenty second-hand... but when it comes to new bikes, some prices have seemingly risen far greater than inflation and few brands now offer models below £1,000. Are the days of the brand new £500 road bike well and truly over?

Fri, Jan 10, 2025 10:18

Owner of custom bike specialists Spoon and WyndyMilla enters liquidation, after falling demand and rising costs put business in “impossible position”

“This is an incredibly sad day for everyone involved,” Spoon Group director Andy Carr said, describing the bespoke bike company’s liquidation as “necessary” but “wholly regrettable”

Fri, Dec 20, 2024 10:26

David Millar’s cycling clothing brand CHPT3 enters liquidation and ceases trading immediately

Appointment of liquidators comes just months on from brand's major release of the Transit urban commuter shoe, a statement confirming the liquidation now all that appears on CHPT3's website

Mon, Dec 02, 2024 14:57

2022 Endura Womens Pro FS260-Pro SS Jersey – gripper.jpg

Endura posts huge £14m loss after “large reduction in sales” and inventory “impairment” – first time Scottish cycling brand has been in the red since 2019

“We have confidence that the merits of cycling will ensure that the global market for such products will remain robust long into the future”

Sun, Nov 10, 2024 11:36

London to Paris cyclists in front of the Eiffel Tower

Hotchillee cancels all events and to enter liquidation due to “ongoing financial challenges following Covid and Brexit referendum”

Cycling event organiser says "devastating blow" also partly due to a lack of "sufficient capital injection to continue trading", with significant logistical and financial headaches surrounding its popular London to Paris event since the UK left the EU

Thu, Aug 15, 2024 15:24

GCN sold back to founder by Warner Brothers Discovery, website to close

The sale comes six months on from the closure of GCN+ as race coverage moved to Discover. The closure of the GCN website will lead to numerous job losses

Wed, Jun 12, 2024 17:15

2021 Giant Contend SL 1 Disc – riding 3.jpg

The current price slashing on bikes doesn’t necessarily point to a crash — it’s a return to normality

Our senior reviewer Stu Kerton has his say on the state of the bike industry as another major player gets on the discounting train

Tue, May 21, 2024 13:48

Is now the best time ever to buy a bike? What cycling industry turbulence and deep discounting could mean for you

As the bike industry is getting back on its feet after a miserable couple of years, inventory levels are plentiful and significant discounts seem far easier to come by – we've asked the industry experts for their take on the current situation

Thu, Mar 21, 2024 15:17

Local Bike Shop in London (copyright Simon MacMichael)

Bike industry “on the road to recovery”, new research suggests

Market intelligence agency reports new bicycle sales are forecast to climb by 12 per cent in 2024, with Brits set to buy 2.1 million bikes this year

Thu, Jan 18, 2024 16:54

Orange Bikes – the story of Britain’s most iconic bike brand

We a look back at the West Yorkshire-based company's three-decade history

Wed, Jan 10, 2024 15:25