Business

Partnerships, acquisitions and investment news throughout the cycling industry

Proviz Sports launches new B2B website for IBDs

Proviz Sports has launched a new B2B website for IBDs. With 2020 experiencing a boom in cycling and running, the B2B website allows independent bike dealers to purchase Proviz products and offer them to their customers. The B2B will see Proviz available across the UK, Ireland and the Channel Islands …

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Dorel Sports reports continued growth, new pandemic wave expected to impact Q4

Dorel Sports has seen its sixth consecutive quarter of revenue growth, with third-quarter revenue at $305.6 million, an increase of 22.1%. The continuing record demand for bicycles throughout the summer drove another quarter of ‘substantial’ growth at the Cycling Sports Group (CSG) and Pacific Cycle divisions. Caloi’s revenue increased in …

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Bafang relaunches website with refreshed look and enhanced functionality

Bafang has relaunched its website, offering a refreshed look, enhanced functionality and detailed information on the complete product range, from the wide variety of e-drive systems through to batteries and displays. A 3D bike model on the home page aids with decision-making for selecting an e-drive system, battery or display, …

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Insync to build 50,000 new bikes between now and Christmas

Insync has unveiled plans to build 50,000 new bikes between now and Christmas. The brand, owned by India-based Hero Cycles, has welcomed the Government’s decision to allow bike shops to continue trading during the second lockdown, saying it was the correct move to include bike shops in England in the list …

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Bike shops in England permitted to remain open in lockdown

Bike shops are among businesses that will be permitted to stay open as England gets ready to enter lockdown tomorrow, 5th November. To reduce social contact, the Government has ordered certain businesses and venues to close, including all non-essential retail, indoor and outdoor leisure facilities, entertainment venues and personal care …

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ZyroFisher unites brands under one portfolio managed by Jon Sherwood

ZyroFisher is uniting all of its brands under one larger portfolio managed by Jon Sherwood and his team of 12. Brand director Nikki Hawyes will be taking up a new opportunity outside of the company, after 12 years with ZyroFisher. During her time with ZyroFisher, Hawyes has been responsible for …

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LEVA-EU proposes ZEV-concept for light electric vehicles

Trade association LEVA-EU has unveiled proposals to introduce a new concept for light electric vehicles to remove legal bottlenecks it has said are “blighting the industry”. The organisation said bringing in the concept of Zero Tailpipe Emission Vehicles (ZEVs) would “finally set them apart” from internal combustion engine (ICE) vehicles …

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Laka to aid next phase of development with Seedrs crowdfunding campaign

Laka has announced a Seedrs crowdfunding campaign. Currently, Laka is participating in the Seedrs pre-registration phase. This provides potential investors with an opportunity to register interest and enjoy priority investment access (for as little as a £10 investment) prior to the crowdfunding campaign opening publicly. The pre-registration phase closes at …

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BDA launches petition for reform of Cycle to Work sector

The Bicycle Dealers Association (BDA) has launched a petition for reform of the Cycle to Work sector. “We are a group of bicycle dealers, and we are challenging how the administration involved in the Government’s Cycle to Work is currently structured,” said the petition. “We have tried, over an extended …

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BikeBiz November edition is now available

The digital edition of BikeBiz November is now available. This month, we look at the impact of e-scooters on bike share schemes, find out how oval rings can benefit all and catch up with the winners from 2019’s BikeBiz Awards ahead of this year’s iteration. This month’s sector guide is …

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