Business

Partnerships, acquisitions and investment news throughout the cycling industry

Proviz partners with Winora Group to expand European distribution

Proviz Sports has expanded its distribution in Europe through a partnership with the Winora Group. The brand has appointed the German cycling name to distribute its products in Germany, Austria, Czech Republic, Benelux, Poland, Italy and Spain. “We’re delighted to have the support and expertise of Winora Group to help …

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September sees “big improvement” in retail sales growth

The BRC has released figures covering the five weeks from 30th August-3rd October 2020, showing a sales increase of 5.6% on a total basis. In September, UK retail sales increased 6.1% on a like-for-like basis from September 2019, when they had decreased 1.3% from the preceding year. Over the three …

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UK footfall decreases by 30% in September

UK footfall decreased by 30.1% year-on-year in September, according to BRC-ShopperTrak data. This was only a 4.7 percentage point improvement from August and remains below the longer-term 12-month average decline of 30.3%. Footfall on high streets declined by 36.9% year-on-year. They were the most negatively affected location in September, again …

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Pearson moves all operations to Sheen, Balfe’s Bikes now occupying Sutton site

Pearson has moved all operations to its Sheen store in west London, after more than a century and a half in Sutton. Supported by its expanding online store, pearson1860.com, this will allow the company to focus on its own high-performance bikes and clothing, it said, as well as premium bike …

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Powabyke secures UK distribution of MBM’s range of push and e-bikes

Powabyke UK has secured sole UK distribution rights with Italian brand MBM for its entire range of push and e-bikes, with stock currently arriving in bike dealerships around the country. Established in 1998, Powabyke’s move into push bikes reflects the company’s drive to meet changes in public demand over the …

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Bollé Brands launches new B2B platform

Bollé Brands has launched its new B2B platform. “We strive to provide our retailers with optimal conditions so they can offer our end consumers the best possible experience,” said Peter Smith, Bollé Brands’ executive chairman. “We have invested massively in a new ERP system, the next natural step was to …

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WBIA General Assembly discusses global impact of COVID-19 on sales and production

The annual General Assembly of the World Bicycle Industry Association (WBIA) took place via videocall on 30th September, discussing the global impact of COVID-19. The General Assembly also agreed that the WBIA Secretariat will continue to be managed by the CONEBI Secretariat in 2021 and Erhard Büchel, current president of …

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BikeBiz October edition is now available

The digital edition of BikeBiz October is now available. This month, we look at sustainability within the bike industry, reflect on last month’s Local Bike Shop Day, and catch up Intense Europe, RRP, Superstrata, BikeRegister and Busby. This month’s sector guides are road bikes and accessories and chains, gears and cranks. …

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Halfords forecasts H1 pre-tax profits of £55 million as cycling momentum continues

Halfords has reported continued growth in cycling, up 46% like-for-like in the five-week period to 25th September. H1 profit before tax is expected to be in excess of £55 million, as a result of the momentum in cycling and motoring products and services. The retailer’s 20-week trading update on 8th …

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Small Business Saturday launches new virtual roadshow

Small businesses across the UK are being offered a new package of support and mentoring, as Small Business Saturday UK launches an online roadshow for towns and cities affected by the pandemic. Launching on 2nd November with daily ‘virtual visits’ to small businesses and communities in over 30 locations across …

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