Business

Partnerships, acquisitions and investment news throughout the cycling industry

Centres of attention

Ex-IBD and World Masters cyclo-cross champ Mick Ives has helped the CTC to make Llanwrtyd Wells the CTCs first Cycle Centre. Five more towns will get the same label within the next six months. Cycle Centres will have classic road and dirt cycle routes radiating out from them

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PortalPower#4: BIKEmagic.com

This is the best funded of the UK bicycle portals, backed with $1.4m of seed capital. It has eschewed commerce but offers plenty of community and content. Its also got an excellent chopped-down database of 900 IBDs, many with websites for consumers to link in to.

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National Byway wins sponsorship award

The 485 mile West Midlands loop of the National Byway plugged by Loyd Grossman helped Midlands Electricity (MEB) walk away with the Hollis Award for the best Corporate Sponsorship programme of 1999

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Portal Power #3: Madforsport.com

Its billed as the ultimate network for active outdoor sports. It has received funding of £4m (one of the last start-up sport dot.coms to benefit from venture capital over-optimism?) and it will create the UKs biggest web-based network of destination sites for active outdoor sport enthusiasts, including mountain bikers. How many portals will still be around in two years? The low-budget, non-enthusiast ones will survive, what about the big spenders?

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Wal-Mart comes out of the closet

According to a report in yesterdays Guardian, the American owner of Asda is to open four standalone Wal-Marts this year. Unlike Asda, US Wal-Marts major on non-grocery items. Wal-Mart is Americas biggest retailer of bicycles (including quality mid-market bikes from Mongoose)

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New Scottish DH series

In response to Clockwork's retiral from the SCU series we have decided to promote our own Downhill series throughout May and June, writes Rod from Revolution, a two-location IBD that wants to keep grass roots downhilling alive

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FutureTrend: Car + bike

With many British cities becoming go-slow areas at peak traffic times and hotspots there will be a growing number of motorists who will ditch the car at ring roads and go the rest of the way by cycle

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Schwinn in Halfords makes US news

A news story at www.bicycleretailer.com relates that Schwinn bikes are now available in Halfords. The background to this story was supplied to Bicycle Retailer by www.bikebiz.co.uk after one of their journos wondered what Halfords was

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