Frasers Group Archives

Frasers Group

Wiggle and Chain Reaction websites shut, with all remaining orders to be “fulfilled within 7-10 days”

One customer managed to bag 15 cycle computers at 99p each before Wiggle and Chain Reaction’s sites were replaced by holding pages yesterday, with all remaining stock and assets set to be sold by Friday

Wed, Mar 20, 2024 11:12

Final clear out as Wiggle Chain Reaction Cycles invites bids for remaining warehouse stock

The retailer, which appointed a liquidator this week, has invited interested parties to enter a sales process, with “best and final offers on the stock and assets of the business” expected by 22 March

Wed, Mar 13, 2024 18:17

Wiggle Chain Reaction parent company appoints liquidators

Latest update comes after Mike Ashley's Frasers Group, which also owns Evans Cycles and Sports Direct, reportedly bought WiggleCRC's brand and intellectual property for less than £10 million, leading to 450 job cuts

Tue, Mar 12, 2024 12:19

“The assumption was Wiggle Chain Reaction wasn’t going anywhere”: Ex-employee talks “shock” at retail giant’s demise, plus THAT Visma Giro helmet discussed on the road.cc Podcast

In episode 72 of the road.cc Podcast, we go behind the scenes at Wiggle CRC to find out what really went on at the beleaguered retailer over the last few gloomy months, while Jamie and Ryan dissect pro cycling’s latest controversy: ugly time trial helmets

Fri, Mar 08, 2024 18:59

Mike Ashley’s Frasers Group reportedly buys Wiggle Chain Reaction Cycles for less than £10 million

Frasers Group, which also owns Evans Cycles and Sports Direct, has agreed to purchase WiggleCRC’s brand and intellectual property, leading to around 450 job cuts

Sun, Mar 03, 2024 10:56

Mike Ashley set to take over Wiggle Chain Reaction as administrators “close the shutters” amid mass redundancies, sources suggest

The latest job cuts at the beleaguered online giant mean that “almost everyone is gone”, former employees have posted online, as Evans Cycles owner Ashley prepares takeover

Wed, Feb 21, 2024 17:14

Wiggle reportedly heading towards administration due to parent company funding woes

Meanwhile, Mike Ashley’s Frasers Group identified as prime candidate to swoop for e-commerce business

Thu, Oct 19, 2023 16:18

Cycling retailer ProBikeKit to be bought by Mike Ashley’s Frasers Group, reports suggest

Ashley's high street sports empire already counts Evans Cycles and Sports Direct in its portfolio

Tue, May 23, 2023 14:29

Evans Cycles to shed 300 jobs and put shop staff on zero-hours contracts

Chain has been part of Mike Ashley’s Frasers Group retail empire since 2018

Wed, Mar 10, 2021 10:28