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Evans Cycles Cheetham Hill

Evans Cycles slashes annual losses from £22.8m to £3.3m as company starts recovery from bike industry’s “well publicised supply chain issues”

The uptick in the company’s income comes despite a loss in revenue, with the Frasers Group business highlighting “operational efficiencies and tightening of costs” such as reducing physical retail space

Wed, Jul 09, 2025 09:01
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Canyon_Factory_12.jpg

Is another supply chain crisis about to hit the bike industry? Container shipping rates surge amid unrest in the Red Sea

The latest attacks by Houthi rebels along the crucial international trade route have caused the cost of shipments from Asia to Europe to soar, raising concerns for a struggling bike industry

Sun, Jan 07, 2024 20:57
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Wiggle and Chain Reaction logos

Wiggle and Chain Reaction owner facing “severe liquidity and profitability challenges” as it announces delisting of shares

The German e-commerce giant, also behind Bikester and Probikeshop, said that weaker consumer demand in the cycling sector has continued to impact its finances

Thu, Oct 12, 2023 12:26
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Spoon Customs carbon bike

Spoon Customs suspends carbon bike production to manage backlog as cycle industry supply chain issues continue

"Selling more of the bikes now without addressing customers who have had to wait too long is not more important than doing the right thing in looking after our existing customers affected by the delays"

Fri, Jun 02, 2023 12:15
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2023 Tour 21 RibbleUltra SL R Alumni Edition fork

Ribble Cycles hit by delayed deliveries again as customers complain of poor service

Several customers have had their delivery dates pushed without notifications and complained about poor customer service, with problems when ordering under Cycle to Work scheme also reported

Sun, May 14, 2023 14:42
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2022 Dauphine – Ineos Grenadiers Pinarello Dogma F 2

Shimano’s first quarter sales worse than expected despite already lowered projections

The post-pandemic crunch has now hit the world's largest bicycle component manufacturer, with the Japanese giant's income expected to shrink by more than half in 2023

Thu, Apr 27, 2023 13:53
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2023 Team DSM shimano groupset

Shimano’s cycling sales hit record high despite slowing demand

The company eclipsed its most successful year by 16.6 per cent, making it back-to-back years of record sales, even with demand for cycling products gradually easing off

Thu, Feb 16, 2023 12:28
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Shimano Ultegra 8170 RCCR-2

Shimano says demand for bikes still higher than pre-pandemic despite “signs of cooling down”

Shimano's net sales increased 20.6% from the previous year, while its analysis reported high-end bikes are still in short supply and entry-level ones are now plentiful

Sun, Oct 30, 2022 13:39
1
Shimano Dura-Ace R9200 Groupset 5

Bike supply chain woes could end this year and Brexit not solely to blame for Shimano shortages, claims Madison CEO

Is the end in sight for the bike industry's chronic supply chain problem in the UK? Dominic Langan speaks at DigiBike 2022 about Shimano supply during the pandemic, how things are looking going forwards and the problem with fakes

Wed, Mar 02, 2022 12:29
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Bowman Cycles website

Bowman Cycles liquidates after “absolute clusterf**k” of supply chain issues

In November, the brand's founder blamed supply chain issues having a devastating effect on the business amid complaints of unfulfilled orders

Sun, Jan 16, 2022 17:03
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