Business

Partnerships, acquisitions and investment news throughout the cycling industry

Inner tubes sales ‘up 1,800%’

New data from e-commerce platform RedBrain.com has revealed what the UK has been searching for and buying during the last three months. It found that inner tubes sales were up 1,800%, searches for bicycles were up 500%, searches and sales of saddles were up 300% and bike tools sales were …

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Cytech’s training centres to re-open in June

After two months of inactivity within the Cytech workshop training facilities, training providers Activate Cycle Academy, PJCS and South Africa’s Torq Zone Academy are re-opening in June following respective Government announcements and guidelines. Cycling has played a significant part in many people’s lives during the lockdown period, with a large …

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Halfords to reopen 53 ‘Retail Lite’ stores

Halfords is reopening 53 UK stores with “extensive” social distancing measures in place. The ‘Retail Lite’ reopening follows successful trials at Halfords’ Peterborough and Bristol Cribbs Causeway stores and it will be the first time customers have been allowed in-store since the UK lockdown was put in place on 23rd …

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Tern to launch click & collect for UK stockists

Tern will launch click & collect tomorrow, available exclusively to its stockists. The new site will be available here from 10am. According to UK distributor Moore Large, the site has been developed so that the dealer is in control of when customers can collect their order, ensuring consumers get a “safe, …

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‘Phenomenal usage’ sees Just Eat Cycles’ users double

Just Eat Cycles has reported a “phenomenal” increase in usage of its hire scheme. May has brought the Edinburgh-based firm’s busiest month to date, with its number of users doubling to 6,400. It also set a record last Wednesday with a total of 1,589 trips taken by over 1,100 riders. …

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ArmaUrto to launch dealer direct programme

ArmaUrto is offering independent bike retailers the opportunity to open a direct account with the brand in advance of its official IBD launch. The ArmaUrto Dealer Direct Programme will “revolutionise how independent retailers benefit from stocking its products and will include a range of incentives previously unavailable,” the brand has …

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ZyroFisher partners with Walberg Urban Electrics in UK and Ireland

ZyroFisher has partnered with Walberg Urban Electrics to distribute its premium foldable electric scooter brands Egret and The-Urban in the UK and Ireland. Florian Walberg set up Walberg Urban Electrics, based in Hamburg, Germany, in 2011. “We are proud to have won ZyroFisher as a partner for the UK,” said …

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Sigma Sports launches new e-commerce site, reports sales surge in April

Sigma Sports has introduced a new website, aiming to bring an improved shopping experience to customers. The updated design offers simplified navigation menus and checkout as well as detailed product gallery features. In addition, shoppers will have the chance to speak with expert store staff through live chat and video …

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Bikmo secures £1.8 million in Series A funding

Bikmo has secured £1.8 million in Series A funding. The investment is led by Development Bank of Wales, alongside specialist global insurer Hiscox, plus existing and new angel investors. Bikmo uses innovative technology to simply offer comprehensive insurance for riders, with a focus on exceptional customer experience delivered through a …

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IRC launches online directory to promote small shops still open for business

The Independent Retailers Confederation (IRC) has launched ‘We are open’, an online map and directory of independent shops that are still open and operating responsibly during the COVID-19 pandemic. Under the Government’s guidance, some high street retailers have been able to remain physically open as a ‘notable exception’ whilst others …

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