BikeBiz Bicycle and cycling retail news

Global private equity firm Rhône is to make a ‘significant’ equity investment in Wahoo Fitness. As part of this transaction, Wahoo founder and chairman Chip Hawkins and the company’s management team, including chief executive officer Mike Saturnia, will make reinvestments alongside Rhône. Wahoo’s current private equity investor Norwest Equity Partners …

Ogio has teamed up with artist Kevin Lyons to “add a touch of street art fun” to its latest collaboration. Lyons is a creative director, illustrator, and artist based in Brooklyn, New York, whose signature Monster characters have been used globally in murals and various clothing and accessory collaborations. The …

Asobi Ventures has acquired a majority share in Gruppo Srl, the parent company of Italian bicycle manufacturer Cinelli and tube manufacturer Columbus. The terms of the transaction were not disclosed. In partnership with Austin, TX-based Asobi Ventures, Cinelli and Columbus plan to expand their footprint with bike dealers globally while …

Shropshire Council is developing a plan that will focus on providing an inter-connected cycling and walking network in the key urban areas of Shrewsbury, Bridgnorth, Ludlow, Market Drayton, Oswestry and Whitchurch. The Local Cycling and Walking Infrastructure Plan (LCWIP) will also look at potential cycling routes between these towns and …

Cowboy is marking the first anniversary of the Cowboy 3 by adjusting its price to £1,690, including mudguards and delivery to your doorstep within ten days. The model now has an NPS score of 4.5 out of 5. “The growing popularity of the brand, manufacturing innovation and the increased efficiencies …