WiggleCRC Archives

WiggleCRC

Wiggle and Chain Reaction websites to be relaunched next week, as Frasers Group aims to become the “no.1 sporting goods retailer in Europe”

Mike Ashley’s group has also acquired the rights for Wiggle’s in-house ranges, including Nukeproof, Vitus Bikes, and DhB

Fri, Mar 22, 2024 12:55

“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

It’s our Bike of the Year but should you buy the Vitus Venon EVO-RS Force AXS All-Road bike at 30% discount?

The road.cc Recommends Bike of the Year is listed at a knockdown price, but Wiggle/ Chain Reaction Cycles is in well-publicised financial difficulties

Thu, Mar 07, 2024 13:04

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

Chain Reaction Cycles announces closing of flagship Belfast store

The ripples of WiggleCRC entering administration continue, with the company launching an ‘everything must go’ sale at the store

Fri, Jan 12, 2024 17:38

WiggleCRC owed Haribo £20,000, plus millions of pounds to other cycling brands, administrator’s proposal document reveals

Figures published by the beleaguered online cycling retailer's administrator suggest £1 million was owed to two major cycling distributors, although some debts listed have now been paid

Wed, Jan 03, 2024 14:50

Wiggle Chain Reaction’s sales process launched by administrators, with “considerable interest” shown by potential buyers

The sale process is expected to gather pace rapidly, as Hotlines, also owned by WiggleCRC’s parent company, has also entered administration

Thu, Nov 09, 2023 15:38

What the hell is going on in the bike industry? Wiggle Chain Reaction turmoil discussed plus pro cycling’s idiot problem on the road.cc Podcast

As rumours swirl that Wiggle Chain Reaction has stopped paying its suppliers, we break down what's happening with bike industry stalwart Rory Hitchens

Fri, Oct 20, 2023 15:18

Wiggle Chain Reaction owner woes continue following “unjustified” withdrawal of €150m funding commitment by parent company

The latest financial blow, which increases the uncertainty surrounding Signa Sports United’s future, comes a week after the e-commerce giant delisted its shares amid “severe liquidity and profitability challenges”

Wed, Oct 18, 2023 10:34