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Industry news

Link to Bosch e-bike systems introduced to Taiwan on Tern bikes
The Tern Vektron is a folding e-bike ideal for use in cities

Bosch e-bike systems introduced to Taiwan on Tern bikes

The cargo bike brand is the first brand to release an e-bike with a Bosch system to the Taiwanese market

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Link to Top-end brand above industry troubles as Colnago's growth continues in 2023
Pogačar celebrates and a Colnago is pictured at the Glasgow World Championships

Top-end brand above industry troubles as Colnago's growth continues in 2023

Italian brand has tripled turnover in three years, no doubt helped by Tadej Pogačar

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Link to Power meter brand Stages ceases operations according to reports
Stages were once the power meter of choice for Team Sky and UAE Team Emirates

Power meter brand Stages ceases operations according to reports

Exisiting orders look to be cancelled and products listed as out of stock online

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Link to Sea Otter Day 2: Even more hot tech from helmets to hubs
We take a look at more hot tech on day two of Sea Otter

Sea Otter Day 2: Even more hot tech from helmets to hubs

With a mix of mainstream and more niche tech, there was an abundance of new tech to feast our eyes on from Canyon, BMC, Specialized, Parlee, DT Swiss and more

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Link to Frasers Group to relaunch Wiggle and Chain Reaction websites this week
The Wiggle and Chain Reaction Cycles websites will relaunch this week

Frasers Group to relaunch Wiggle and Chain Reaction websites this week

Mike Ashley’s company has also acquired the rights for Wiggle’s in-house brands, including Vitus, as it attempts to become “the no.1 sporting goods retailer in Europe”

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Link to E-bikes overtake regular bikes in sales in Germany
The Grizl:ON is a new e-bike from German brand Canyon

E-bikes overtake regular bikes in sales in Germany

Electric bikes contribute to keeping the German bicycle industry 'remarkably stable in turbulent times'

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Link to Has bike tech become too complicated for its own good? - The GCN Show
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Has bike tech become too complicated for its own good? - The GCN Show

Dan Lloyd and Si Richardson react to the news that Trek is slimming down its options and question whether more brands should follow its lead

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Link to Liquidators appointed at Wiggle CRC’s parent company as end nears
Wiggle CRC entered administration in October

Liquidators appointed at Wiggle CRC’s parent company as end nears

Company begins winding down process after entering administration in October

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Link to Report: Frasers Group owned by Mike Ashely acquires WiggleCRC for under £10 million
The retailer looks to have been acquired by the Frasers Group

Report: Frasers Group owned by Mike Ashely acquires WiggleCRC for under £10 million

Wiggle will join the conglomerate's sporting lineup that includes Sports Direct and Evans Cycles

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Link to Is it safe to keep ordering from Wiggle and Chain Reaction?
Wiggle CRC entered administration on Friday

Is it safe to keep ordering from Wiggle and Chain Reaction?

With reports of Wiggle getting gutted, we explore whether it's still a good idea to order cycling products from them

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Link to Giant partners with Dick’s to sell bikes in the largest US sports store
Giant bikes logo

Giant partners with Dick’s to sell bikes in the largest US sports store

The world's largest bike seller teams up with the sports store to sell entry-level mountain bikes and kids' bikes in the United States

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Link to Cycle to Work: UK government reminds disgruntled retailers scheme is 'entirely voluntary'
Bike shop representatives met with Guy Opperman MP last week

Cycle to Work: UK government reminds disgruntled retailers scheme is 'entirely voluntary'

Department for Transport apparently unmoved as minister holds latest meeting with retailers amid growing pushback against the current terms of the scheme

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Link to MP on Cycle to Work scheme: 'Corporations are raking in profits as small manufacturers and shops suffer'
Jim Potter, the shop owner, works on a wheel in front of his work stand and a 1981 Bianchi from his person collection

MP on Cycle to Work scheme: 'Corporations are raking in profits as small manufacturers and shops suffer'

Fabian Hamilton MP, co-chair of the Cycling and Walking All-Party Parliamentary Group, says the controversial scheme 'must be reformed'

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Link to Orange Bikes set to resume trading after acquisition of frame manufacturer
Orange bikes look to have secured its future with the acquisition of local frame manufacturer

Orange Bikes set to resume trading after acquisition of frame manufacturer

A streamlining of the manufacturing process and restructuring of the business looks to have secured the future of the brand

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Link to More than 500 bike shops unite against Cycle to Work scheme changes
Delegates from the Association for Cycle Traders met with MPs last week

More than 500 bike shops unite against Cycle to Work scheme changes

Industry representatives met with MPs last week to demand immediate solutions

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Link to American cycling co-op REI braced to lay off 357 staff
REI has confirmed that the job cuts will not affect retail employees

American cycling co-op REI braced to lay off 357 staff

The brand has cited a challenging year ahead with no retail employees affected by redundancies

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Link to Back in black: Mintel UK bike market report predicts a good year for the industry
2024 will be the year of recovery, according to Mintel

Back in black: Mintel UK bike market report predicts a good year for the industry

Mintel predict a 15% value growth from new bike sales, driven by higher demand for e-bikes

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Link to Eddy Merckx bikes produces retro Panasonic tribute bike in time for the Classics
The new Eddy Merckx bike pays homage to the old Panasonic team

Eddy Merckx bikes produces retro Panasonic tribute bike in time for the Classics

The brand started by the five-time Tour de France champion Eddy Merckx introduces new 'Retrosonic' line

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Link to Scott turns to parent company for a £137 million loan to improve its financial liquidity
Scott appear to be feeling the effects of the COVID bubble, struggling with high value inventory

Scott turns to parent company for a £137 million loan to improve its financial liquidity

Swiss bike brand has cited issues with overstock contributing to its weaker financial position

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Link to Chain Reaction Cycles closes flagship store
Chain Reaction Cycles' parent company Wiggle CRC entered administration last year

Chain Reaction Cycles closes flagship store

The closure follows months of financial turmoil for Wiggle CRC since they entered administration last October

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Link to GCN Tech Show: Is 2024 the year bike prices fall?
YouTube video WWWCw0m3AVw

GCN Tech Show: Is 2024 the year bike prices fall?

Have bike prices truly gotten out of hand and are there any sign of things changing?

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Link to Orange Bikes poised to appoint administrators
Orange Bikes, founded by Steve Wade and Lester Noble, could be set for administration

Orange Bikes poised to appoint administrators

Updated: The Yorkshire-based manufacturer only recently announced that its racing team would not continue in 2024

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Link to Wiggle CRC owed major cycling brands more than £26 million at start of administration
Wiggle CRC has yet to be sold

Wiggle CRC owed major cycling brands more than £26 million at start of administration

A recently published report shows the extent of money Wiggle Chain Reaction Cycles owed to suppliers, and major brands including Haribo

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Link to Worldwide shipping disruption 'very bad news' for cycling industry, according to expert
Container ships avoid Red Sea as security threat rises

Worldwide shipping disruption 'very bad news' for cycling industry, according to expert

Shipping companies are avoiding the Red Sea, meaning yet more disruption to the struggling bicycle industry

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