Business

Partnerships, acquisitions and investment news throughout the cycling industry

Public urged to shop local as Small Business Saturday returns

Brits are being called upon to support small firms and shop local as Small Business Saturday returns tomorrow, 5th December. The campaign also hopes to tap into soaring public affection for small businesses, as research from the campaign and its principal supporter American Express shows 59% of Brits support small …

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UK cycling market set to be worth £2.2 billion by end of 2020

The BA has released a new ‘COVID Impact’ report on the UK cycling economy, covering sales from January to October 2020. This follows its publication in June of a baseline report on the UK cycling sector, which provided accurate and granular sales data for calendar years 2018 and 2019. Both …

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Cyclorise becomes official UK distributor of Onza Tires

Cyclorise has added Onza Tires to its portfolio of brands. “Onza Tires is proud to once again be active in the UK and have the opportunity to deliver Swiss performance tyres to the riders,” said owner Michel Manz. “We’ve found a great partner in Cyclorise with people who are like-minded …

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Science in Sport set for 51% online sales growth in 2020

Science in Sport has issued an update on trading for the current financial year, reporting continued momentum in its online business and ‘substantial’ improvements in gross margin. Online channels continue to perform ‘very strongly’, it said, and this has offset some of the downturn caused in the retail channels by …

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Bike sales forecasted to grow up to 30 million per year by 2030

Europeans are expected to buy an extra ten million bikes per year by 2030, 47% more than the annual number in 2019, a new forecast from CIE, CONEBI and ECF has shown. The 30 million per year total will take bike sales to more than twice the number of passenger …

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E-bike startup Calamus to establish UK base in Birmingham

India-based e-bike startup Calamus is making its way into the UK market thanks to a place on the Birmingham Enterprise Community (BEC) Forward accelerator scheme. Calamus is now in line to receive full support and backing to help establish a base in Birmingham, operating its UK HQ from the city. …

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BikeBiz December edition is now available

The digital edition of BikeBiz December is now available. This month, we catch up with seven distributors to reflect on an unorthodox year, explore Christmas buying habits in 2020 and discuss how the e-bike industry can help promote sustainable transport. This month’s sector guides are wheels, tyres and inner tyres …

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Extra UK secures exclusive distribution of Capgo

Extra is to start distribution of Capgo cable systems for the UK and Ireland, today, 1st December. Capgo is a manufacturer of high-quality cable systems for the cycle market. Established in Germany in 2016, it has grown a large base of OEM customers across Europe and is now branching into …

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Bob Jackson Cycles to remain open following investment and support

Bob Jackson Cycles will no longer be closing as planned on 18th December. The frame builder had announced its closure earlier this year, but has now secured additional investment and support to ensure the brand can continue ‘well into the future’ while remaining at its Leeds factory. “We will continue …

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Continental rolls out opt-in ‘Continental Insider’ initiative

Continental is rolling out a new opt-in scheme, the ‘Continental Insider’ initiative, which aims to strengthen awareness of its products and its relationship with its dealer network. Retailers and dealers who join the community will receive the latest updates on the Continental brand as well as early access to testing …

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