Pragmasis to wind down production of bike locks after “finding times hard” amid Brexit, Covid and “cost-of-living crisis combined with Ukraine situation”
Popular bicycle lock manufacturer Pragmasis and SecurityForBikes has announced that it will be ceasing production of its products and closing its retail and despatch business later this year due to “the brutal reality” of “losing money for quite a while” amid challenging times and rising costs and overheads.Founder and owner Steve Briggs, who began the company … Read more