Business

Partnerships, acquisitions and investment news throughout the cycling industry

Halfords sees electric bike and scooter sales up 230%

Halfords has released its trading update for the 20-week period to 21st August, with cycling like-for-like revenue up 59.1%. There was growth across all product categories, the retailer said, with an increase of 76% in Halfords’ performance cycling business, Tredz. Sales of new products were up 114% in the period, …

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Silverfish appointed exclusive UK and Ireland distributor for Peaty’s

Silverfish has been appointed as exclusive UK and Ireland distributor for Peaty’s. Peaty’s product range includes Foaming Drivetrain Degreaser, LoamFoam bike cleaner, LinkLube chain lubricants, XXX Solvent Degreaser, PT17 maintenance spray, Tubeless Sealant, rim tape, tubeless conversion kits and valves. The range is available to order now. “With lots of …

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Activate Cycle Academy’s new Cytech training facility opens

The new cycle mechanics training facility at Merrist Wood College in Guildford has opened, with courses being delivered from today. The new workshop, managed by Cytech training provider Activate Cycle Academy (ACA), will deliver cycle maintenance training to the bicycle trade across the South of England. Matt Grant, sales and …

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Rutland Cycling launches same-day premium delivery service for bikes

Rutland Cycling has launched a new same-day premium delivery service for bicycles. The new service will hand bikes over to customers 100% ready to ride, with any accessories ordered at the same time fitted prior to delivery. Saddle height and suspension will be set up to the customer’s preferences if …

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BikeBiz September edition is now available

The digital edition of BikeBiz September is now available. This month we look at how 5G can help enable a ‘new normal’, how COVID-19 has affected trade shows and other events within the industry, and catch up with Ride Concepts and DexShell. This month’s sector guides are cyclocross accessories and …

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Moore Large to take on UK distribution of Fuse Protection

Moore Large is to take over the distribution of Fuse Protection in the UK. This new partnership comes at “an exciting time for the brand”, said a statement, as it looks to expand its product into the MTB market. “We are excited to see Fuse Protection grow and evolve to …

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Selle Italia launches new company logo at 80th birthday celebration of Giuseppe Bigolin

Selle Italia officially launched its new logo last night at a party to celebrate the 80th birthday of Giuseppe Bigolin, president of the Casella d’Asolo company. “When I took over the company in the 70s I never expected such a success,” said Bigolin, “and if I look back I can …

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Paul Lange & Co to distribute BikeParka in Germany

BikeParka is now being distributed in Germany by Paul Lange & Co. “Renowned for its practical, robust, modern design, which protects bicycles from the elements all year-round, the BikeParka appeals to just about any cyclist and is looking forward to keeping bikes of all shapes and sizes across Europe snug, …

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Online marketplace OnBuy grows 24,000% in four years

Online marketplace OnBuy has revealed 24,000% GMV growth at the end of this fiscal year, four years after launching. It has also announced 600% revenue growth in 2020, and has tripled its workforce to over 50 full-time staff. The announcement of the growth comes shortly after OnBuy closed a £5 …

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Halfords sees turbo trainer sales increase by 500%

Halfords has reported a 500% increase in sales of turbo trainers since lockdown began. During the first week of lockdown, the retailer sold 15 times the number of turbo trainers compared to the same time period last year, a 1,500% increase YOY. With stock in high demand, Halfords has now …

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