Business

Partnerships, acquisitions and investment news throughout the cycling industry

Science in Sport Plc opens new 160,000 sq ft hub in Blackburn

Sports nutrition business Science in Sport Plc has officially opened its 160,000 sq. ft. consolidated manufacturing and logistics hub at Frontier Park, Blackburn. Unveiled yesterday in a celebration event hosted by Sir Chris Hoy MBE, the five-acre site replaces existing hubs in Nelson and Willerby to streamline operations and enable …

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Bristol-based distributor Paligap to wind down business after 21 years 

Cycle distributor Paligap has announced it will be immediately winding down the business after 21 years. The Bristol-based distributor, which currently has brands like ALÉ, clothing, Cipollini bikes, and Goodyear tyres in its portfolio, said a number of its brands will move to new distributors as the company winds down …

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Charlie Foulkes joins Tandem Group as director of digital and marketing 

Charlie Foulkes has joined the leadership team at Tandem Group, parent company of cycle distributor Tandem Group Cycles. Foulkes, a 20-year veteran in the cycle industry, has joined the West Midlands-based group as director of digital and marketing.  Tandem Group is a leading designer, developer, distributor and retailer of sports, …

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Brompton Bike Hire makes it easier to borrow bikes and scraps joining fees

The rental wing of Brompton Bicycle, Brompton Bike Hire, has make it quicker and cheaper for riders to hire bikes to mark its 12-year anniversary. Brompton Bike Hire, the brainchild of Brompton CEO Will Butler-Adams, was established as an affordable entry to cycling for those who can’t afford or don’t …

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Bicycle shipping service BikeFlights promotes Moir and Potter

Bike shipping service and supplier of bike boxes BikeFlights has promoted two employees, Sparky Moir and Michael Potter. Moir moves up into the role of BikeFlights’ support team director while Potter has stepped up to become BikeFlights’ partnership director. William Alcorn, president of BikeFlights, said: “Both Michael Potter and Sparky …

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Smith eyewear appoints Scott Randall as global VP of product

Eyewear and helmet brand Smith has appointed Scott Randall its global vice president of product.  Smith, based in the US, is a leader in ski goggles and helmets, but also offers a range of cycling-specific and lifestyle products.  Randall previously worked for Nike Australia focusing on retail and merchandising, before …

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Promovec Holdings strengthens UK presence with full acquisition of Batribike

Promovec Holdings has strengthened its presence in the UK with the full acquisition of Batribike. The Batribike brand was established in the UK in 2007 by the Coulson family. In 2017 in a strategic move to increase market penetration within the UK and EU they formed a new company, Batribike …

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Work underway for next phase of Bicycle Association’s UK Cycling Market Data Service

The Bicycle Association (BA) has announced that contracts have been signed and work is underway for the next phase of its UK Cycling Market Data Service, MDS 2.0. Launched in April 2020 and powered by Sports Marketing Surveys, the current service covers over 70% of the UK cycling market by …

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Northwave and Raleigh UK partner in exclusive distribution deal

Raleigh UK and Italian footwear and apparel brand Northwave have announced a new partnership to exclusively distribute the brand’s cycling category into the UK market. Thomas Brandolini, global sales manager at Northwave, said: “Following a re-brand and re-focus of Northwave through 2021 the new partnership with Raleigh is incredibly exciting …

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Global sports technology platform Endurance Zone secures funding from entrepreneur and investor David Sear

Global sports technology platform Endurance Zone has secured funding from serial entrepreneur and investor, David Sear. Endurance Zone will use the cash injection to accelerate growth of its white-label rewards and data platform which is geared around driving customer engagement and retention for sports-related organisations. Its plans focus particularly on …

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