BikeBiz Bicycle and cycling retail news
Spencer Ivy was created in 2010 by Va Hua and his wife. The company – and stock – have now been offered for sale.
"My wife and I have both been offered fantastic, life-changing opportunities to work in Australia," said Hua.
"Unfortunately this means we can no longer continue with Spencer Ivy."
The remaining stock includes the step-through electric bicycle ridden by HRH Prince Charles at a charity event.
"We want to thank every person and organisation that has supported and developed the company with us, from our network of fantastic dealers and holiday companies to the team at ACT and BikeBiz for being so incredibly professional and friendly at the same time," said Hua.
"The UK cycle industry has been an absolute joy to be involved with."
To enquire about the company, call Martin Allwood at the Axis Partnership UK on 01284 716 000.
Photos courtesy of REX Features.
