Business

Partnerships, acquisitions and investment news throughout the cycling industry

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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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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