Business

Partnerships, acquisitions and investment news throughout the cycling industry

The eBike Store in Durham is up for sale 

The opportunity to buy an e-bike-specific retailer has emerged in the north east of England. Durham City’s e-Bike Store, located in Front Street not far from the city centre, is on the market as the current owner plans to retire.   Company owner Simon said: “I saw the potential for electric …

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BikeExchange CEO resigns as company announces plans to raise capital  

The CEO of online marketplace BikeExchange has resigned, as the company has announced plans to raise capital.  BikeExchange, a global online listing platform that hosts thousands of brands and retailers, recently announced that Mark Watkin, global CEO, has resigned immediately. Watkin will stay on with the company, following five years …

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Restrap secures US distribution partnership with Quality Bicycle Products

UK-based cycling accessory brand Restrap has secured a new distribution partnership in the US with Quality Bicycle Products (QBP). “We are excited to partner with Quality Bicycle Products,” said Edward Kingston, sales director. “QBP is a natural fit with the Restrap Brand considering their commitment to building stronger communities and …

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Manchester’s Insync Bikes to expand into new 60,000 sq ft premises in Trafford Park

Manchester’s Insync Bikes is set to move its UK headquarters and distribution centre to new 60,000 sq ft premises in Trafford Park. The new premises bring Insync’s corporate and distribution arms together in one location, having previously been based over two sites at Newton Heath and a 40,000 sq ft …

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Intense launches new US bike assembly facility

Intense has announced the start of a new assembly facility at its Temecula, California, headquarters. In a move to streamline bike production capabilities, Intense has begun assembling specific models in-house at its US HQ in California. This new initiative has allowed Intense to speed up certain areas of its production, …

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United Bikes now available to retailers in the UK 

Indonesian bike brand United Bikes has made its products available in the UK.  United Bikes UK is looking for stores to stock its range of models, including folding commuter bikes and hardtail mountain bikes. The brand said it has stable stock levels, offers demonstration bikes in store, and can ship …

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Publisher Outside Inc announces job cuts affecting cycling titles

Colorado-based Outside Inc. has reportedly told staff that it would be laying off between 85 to 90 people, around 15% of its 580 person workforce. The publisher is continuing its transition to a primarily digital company, the Denver Business Journal has reported. The company will also eliminate three of its …

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Ford becomes sponsor of RideLondon following new cycling-positive marketing campaign

Motoring giant Ford has joined RideLondon as a sponsor, as the brand has launched a new marketing campaign urging drivers to ‘park the car’. The US-based car manufacturer is now a presenting partner at the mass participation RideLondon event, which takes place on 27th-29th of May. Ford will sponsor the …

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Strava acquires injury prevention app Recover Athletics

Strava has acquired Recover Athletics, a prehab app for runners. The acquisition will give all Strava subscribers access to Recover Athletics content including personalised prehab and injury prevention exercise plans. “Recover Athletics addresses a fundamental problem for athletes and provides an avenue to avoid painful periods of injury in order …

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Strider Balance Bikes now available at Swag Distribution

Strider Balance Bikes have partnered with Swag Distribution for UK distribution. With a range suitable for babies, toddlers and pre-school children, there is a Strider model for all riding abilities, said the brand. For children aged 18 months to three years old, the Strider Classic 12x bike offers the chance …

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