Business

Partnerships, acquisitions and investment news throughout the cycling industry

Wisper partners with Cyclescheme to provide affordable access to e-bikes

Wisper Electric Bikes has partnered with Cyclescheme, part of Blackhawk Network. This will make purchasing e-bikes more affordable for people as they can access savings of 39% on the overall value of the bike. “Until recently electric bikes were largely inaccessible to customers via cycle to work schemes as there …

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Skins UK appoints Blackrocks Brand Management as master agent

Skins UK has appointed Blackrocks Brand Management as master agent for the UK and Ireland. Paul Varney, managing director at Blackrocks, said: “I am delighted to add Skins to our portfolio of performance brands. Skins is the market leader in compression, travel and recovery and we look forward to welcoming …

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Bosch eBike Systems opens new Asia-Pacific headquarters in Taichung

Bosch eBike Systems is celebrating the official opening of its new Asia-Pacific headquarters in Taichung, Taiwan. The move continues the brand’s global expansion whilst building on its sustained success over the past decade. Bosch originally created its own subsidiary and office in the region in 2014, six years prior to …

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Exports of UK cycling goods rise by 15%

Exports of UK bikes, parts and accessories grew by 15% in the year to March 2020. The latest figures show that bike exports have a total value of £173.2 million, with Europe, Australia and the US leading the way in demand. Stephen Loftus, chief commercial officer for Brompton Bicycle, said: …

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Cyclorise becomes exclusive distributor of Fasst Company handlebars in UK

Cyclorise is offering exclusive distribution of Fasst Company MTB handlebars to the UK market, kicking off a wave of expansion plans for 2020. Based in Utah, United States, Fasst Company has created “confidence-inspiring handlebars that improve the feedback of a traditional bar, while taking the harsh edge off trail chatter, …

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Accell Group sees “strong recovery” of bike sales in May

The Accell Group has seen a “strong recovery” in its bike sales in May, following weak March and April sales. Due to the various lockdowns and subsequent shop closures in several countries, group revenue in March and April came in approximately 27% lower compared to last year. Towards the end …

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Coefficient Cycling expands into UK road and gravel market

Coefficient Cycling is expanding its product offering into the UK via a sales, marketing and fulfilment partnership with ADVNTR Media Group. Products will be available online and in independent bike shops and professional bike fitters across the UK from 1st July. “Since the 2019 launch of our gravel/all-road handlebar, the …

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Cybertill partners with BA’s Market Data Service

Cybertill has partnered with the Bicycle Association’s Market Data Service. This builds upon the direct relationships already established with EPoS till providers Abacus, Ascend, Citrus-Lime and Seanic Retail. Simon Irons, associate director at the Bicycle Association, said: “We’re delighted to be partnering with Cybertill to give their bike shop clients …

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Moore Large launches COVID-19 in-store branding pack

Moore Large has launched its COVID-19 in-store branding pack. The distributor is working with Nottingham-based printer, Stirland Paterson, to bring the range of branding designed to give customers clear and simple instructions on key social distancing, contactless payment and sanitation, as well some bicycle-specific artwork, for example, a “bicycle service …

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BikeBiz May/June edition now available

The digital edition of BikeBiz May/June is now available. Inevitably, our latest issue looks at how the industry has adapted to COVID-19 and hears from Raleigh UK, SPOK’D, Yellow Jersey and SwissStop. This month’s sector guides are children’s bikes, cycle computers and indoor trainers and power meters. A tenfold increase …

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