Tag Archives: Newsflash

Islabikes to cease production of bikes

Islabikes has revealed that it will cease sale and production of bikes, once remaining stocks are sold. There will be ongoing supply of spare parts and existing guarantees will be honoured. The company insists it remains solvent and has no outstanding creditors and there are still lots of models available …

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Wiggle CRC to enter self administration, according to reports

Wiggle CRC, one of the UK’s largest online bicycle retailers, is preparing to enter self administration, according to reports. As first reported by Cycling Electric, this news has surfaced amidst a period of financial uncertainty for Wiggle CRC’s parent company, Signa Sports United (SSU). Last week, SSU announced significant restructure …

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Future of Planet X secured following sale to private equity firm

The future of independent British bicycle designer and retailer Planet X Limited has been secured following a sale of the business and its assets to Winlong Garments Limited, a company funded by Baaj Capital LLP. Concerns over the future of the Rotherham-based business arose last week after it appeared to …

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Distributor 2Pure enters administration, according to Companies House update

Distributor 2Pure has entered administration, according to an update on Companies House. On Friday (May 19), the company announced through documents on Companies House that an administrator had been appointed.  This follows the news that managing director George Bowie had left his position earlier this month. 2Pure, based in Livingston, …

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Moore Large has entered administration, according to multiple reports 

Moore Large has entered administration, according to multiple sources. BikeBiz understands that the Derby-based distributor informed its staff on Tuesday morning (March 14) that it had entered administration. Moore Large’s portfolio consists of recognisable brands including Tern e-bikes, Tru Tension maintenance and cleaning products, BMX brand WeThePeople, and its house-owned …

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Rapha CEO William Kim to step down after 11 months at the helm

British cycling apparel brand Rapha has announced that CEO William Kim is stepping down after 11 months in the role. In a statement released on Friday, 11th November, Kim said that he would be leaving the company due to personal reasons, and that he would relocate back to Korea. Kim, …

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Brian Facer to step down as British Cycling CEO

British Cycling logo and text

Brian Facer is to step down as British Cycling CEO with immediate effect, the national governing body for cycling in Britain has announced today. The decision was made by mutual agreement with the board of directors and the search for a new CEO has now commenced. Cycling delivery director Danielle Every …

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Icebike back for 2023 with two new venues and dates

Madison and Sportline have announced that Icebike will return for 2023 – but with two new locations. The trade show will now be split across two venues and two dates, within one week – one in the North of England and one in the South. Previously, Icebike has always taken …

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COREbike to return to Whittlebury Hall in February 2023

The COREbike trade show has announced dates for the 2023 edition. The event will be taking place next year from 19th to 21st February, at Whittlebury Hall in Towcester. The list of exhibitors and the date for registration will be announced at a later date. Address: The COREbike Show, Whittlebury …

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The Electric Bike Shop taking over four Pure Electric stores

The Electric Bike Shop has announced that it is taking on four Pure Electric stores. The four stores include two in England, at Southampton and Gateshead, and The Electric Bike Shop is launching its first stores in Wales and Scotland, at Cardiff and Glasgow. All colleagues at the sites will be offered …

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