Mike Ashley Archives

Mike Ashley

“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

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

Evans Cycles, Manchester, licensed on Flickr under CC BY 2.0 by Smabs Sputzer

Mike Ashley’s Sports Direct in market for £100m Evans Cycles sale?

Newcastle United FC owner's business said to be among those interested in buying chain as investors seek exit

Sat, Jan 24, 2015 22:25