Business

Partnerships, acquisitions and investment news throughout the cycling industry

Cycle Show cancels 2021 event, plots new outdoor offering

The Cycle Show has cancelled its 2021 event, stating it is “no longer viable” to go ahead with this year’s iteration. The event, which was due to take place in tandem with the London eBike Festival from 25th-27th June at Alexandra Palace, would have been the first Cycle Show to …

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Hiplok expands into French market with Royal Vélo France partnership

Hiplok has appointed Royal Vélo France to distribute its security and storage products to bicycle and outdoor retailers across France. Royal Vélo France is a sister company of UK-based ZyroFisher. From its headquarters and logistics centre in Troyes, Royal Vélo France will distribute the full range of Hiplok locks including …

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PowUnity’s new B2B portal for resellers and fleet operators now online

A specially developed B2B service portal has now been established for PowUnity’s partners. The developer of the GPS theft protection BikeTrax has largely optimised the service for bicycle dealers and e-bike fleet operators, and discounted BikeTrax orders and support requests are now even more accessible. In addition to the online …

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Chicken CycleKit takes on exclusive distribution of DMT Shoes in UK

Chicken CycleKit has taken on the exclusive distribution of DMT Shoes in the UK with immediate effect. “DMT has been gaining momentum,” said Carlo Guardamagna, head of international sales at DMT. “This strategic partnership sets a new era for the brand; teaming up with CKK will boost the brand positioning …

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Norco Bicycles launches first complete rebrand in 57 years

Norco Bicycles has launched a new brand identity for the first time in the Canadian company’s 57-year history. The rebrand encompasses an updated visual identity, logo marks, corporate colours and tone of voice that ‘reflects Norco’s position in today’s marketplace’. “Norco has evolved so much over the years, but three …

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VanMoof to expand service footprint and physical presence to 50 cities worldwide

VanMoof is set to expand its physical presence from eight to 50 cities as part of its core global strategy. The global rollout will see the brand open a network of service hubs and certified partner workshops over the next six months. VanMoof said it is making service its ‘number …

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Hartje e-factory moves into new building in Czech Republic

The Hartje e-factory has moved into its own new building in the Czech Republic. It is currently expanding its capacities step by step, and Hartje as a whole is increasingly taking on the role of a manufacturer. “With our own location in the Czech Republic, we have created optimal conditions …

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Cyclorise becomes UK distributor of Handske gloves

Cyclorise is now the UK distributor for US brand Handske gloves. Hailing from El Paso Texas, Handske gloves are premium gloves made for cyclocross, gravel biking, MTB and road cycling. All models of Handske gloves feature innovative technologies such as silicon-printed palms for better grip, full finger protection, touch-screen compatibility …

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Figures show fall in bike exports from UK to EU

The Bicycle Association (BA) has provided early analysis to its member companies of the UK trade figures for January 2021, which were released by HMRC today. Bicycle exports from the UK to the EU fell by 60% in value and 32% in volume in January 2021 compared to January 2020, …

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Evans Cycles ‘to axe 300 jobs’

Evans Cycles is set to axe 300 jobs, the Guardian has reported. Hundreds of remaining store staff are also set to be switched to zero-hours contracts, with Mike Ashley’s Frasers Group aiming to cut costs. The retailer has reportedly told staff it intends to cut up to half of the …

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