Business

Partnerships, acquisitions and investment news throughout the cycling industry

E-bike retailer Fully Charged opens new store in Cornwall

Electric bike retailer Fully Charged has opened a new store in Liskeard, Cornwall. Fully Charged Cornwall will provide an array of fold-up, commuter, hybrid, e-MTB and cargo electric bike options for personal, family or business use for the South West. “We couldn’t be more excited at the start of 2022 …

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Madison supporting BA’s Investors in Cycling programme

Madison has pledged its support to the growing industry initiative ‘Investors in Cycling’, the Bicycle Association’s (BA) programme promoting the growth of cycling through advocacy. The Milton Keynes distributor’s participation is another boost for the BA’s burgeoning portfolio of projects delivered on behalf of the UK cycling industry, including its …

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Giant Bicycle recalls 20,800 US bikes due to fall and injury hazards

Giant Bicycle is recalling about 20,800 bicycles sold in the US due to fall and injury hazards. The recall involves model year 2021 Giant Cypress DX, Giant Escape 3 Comfort, Liv Flourish FS 1 and Liv Alight 3 Comfort bikes. The company said it has received 86 reports of the …

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Panaracer celebrating 70th anniversary this year with ‘Encountering Uncharted Paths’ theme

Panaracer is celebrating its 70th anniversary this year, adopting the theme of “Encountering Uncharted Paths”. The company will be introducing new products in conjunction with events that aim to encourage cyclists to discover new roads, trails, friendships, and vistas while cycling. Information on these events will be posted on the …

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Silverfish UK secures funding for growth from Connection Capital

Silverfish UK has announced that Connection Capital has come on board as an investor to accelerate the next phase in the distributor’s growth. The investment by Connection Capital, along with its expertise, will enable Silverfish to unlock further growth for its existing brand partners. It will facilitate investment in leading …

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Personal safety app Busby rebrands to Flare

The creators of Busby have officially rebranded to Flare, with the aim of making the brand more internationally recognisable. The change to Flare better reflects the aim and mission of providing life-saving technology to everyone, said the brand, anywhere in the world. “Commonly known as a safety device to help …

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Amer Sports sells Suunto to Chinese tech company Liesheng

Amer Sports and Liesheng – a Chinese technology company focusing on the smart and sport wearables electronics segment – have agreed on a transaction in which Amer Sports sells Suunto to Liesheng.    “We see tremendous potential with all of our brands,” said Michael Hauge Sørensen, chief operating officer of Amer …

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Applications for additional apprenticeship incentives open

Applications for the Government’s latest additional incentive payment of £3,000 open today, 11th January, for employers who have hired apprentices over the winter. Businesses who hire or have hired a new apprentice, with an employment start date between 1st October 2021 and 31st January 2022, can apply to receive £3,000 …

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Bira launches new online trading site Neartoo

The British Independent Retailers Association (Bira) is calling on independent retailers to sign up to its new online trading site to help them recover from the pandemic. The website, which is being launched in February, will provide independent retailers with a new, cost-effective way to sell online, helping them build …

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Tern joins Bicycle Association’s Investors in Cycling programme

Tern Bicycles has become the latest UK bike business to support the Bicycle Association’s (BA) Investors in Cycling programme, promoting the growth of cycling through advocacy. The urban mobility specialist joins over 1,100 bike businesses in the initiative launched by the BA in December 2021. All are businesses that, in …

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