Tag Archives: Wiggle CRC

Frasers Group plc has announced the relaunch of Wiggle and Chain Reaction’s e-commerce sites, marking a significant step following the acquisition of the brands and intellectual property. Frasers Group, which already has a strong position in the UK cycling market through Evans Cycles, secured the rights to Wiggle and Chain …

The future of Wiggle CRC and its associated brands looks set to be confirmed with multiple outlets reporting Mike Ashley’s Frasers Group has purchased the business. As initially reported by The Times, the group, now run by Ashley’s son-in-law Michael Murray, has purchased the cycling and multisport business for less …

Chain Reaction Cycles is to shut its flagship retail location in Belfast next month. The store, based at Balmoral Plaza on Boucher Road, has been servicing customers in the city for more than a decade. A number of staff are expected to lose their jobs as part of the decision …

Wiggle, the UK’s largest online cycle retailer, has entered administration. The company posted on The London Gazette that it had appointed administrators on Friday, October 27. Alastair Massey and Anthony Wright, both of FRP Advisory, will handle the process to realise assets for creditors. The news comes after weeks of …

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 …

Signa Sports United (SSU), the owner of Wiggle/Chain Reaction Cycles (CRC) and bike brands Nukeproof and Vitus, has announced a restructure, including the termination or winding down of non-performing assets. The decision has been taken in light of continuing macroeconomic headwinds, oversupply in the market and the company’s “severe” liquidity …

Wiggle, the outdoor equipment and apparel online retailer, has undergone a rebrand. On Tuesday, April 25, the company’s site was down for maintenance but showed off a new colour scheme and logo with the well-known orange and black replaced with green. Wiggle later posted the rebranded design to social media …

The WiggleCRC Group is set to be acquired by global sports e-commerce and technology platform Signa Sports United. The platform has entered into a business combination agreement with Yucaipa Acquisition Corporation, a publicly traded special purpose acquisition company led by chairman and president Ron Burkle and CFO and COO Ira …

WiggleCRC has entered a consultation period for the proposed consolidation of its warehouse and bike build operations in County Antrim. After careful consideration from the Group, the consolidation has been proposed in an effort to increase efficiencies between Wiggle and Chain Reaction Cycles (CRC), who form the Group. The consolidation …

The report said that during the period, the company has continued to improve efficiency and to lower costs through the integration of Wiggle and CRC