BikeBiz Bicycle and cycling retail news

Thule Group has published its interim report for July to September 2022, reporting a 23% decline in third-quarter sales year-on-year. Net sales for the quarter amounted to SEK 2,139m. Adjusted for exchange rate fluctuations, sales declined 29.4%. Net sales for the first nine months of the year amounted to SEK …

Brian Facer is to step down as British Cycling CEO with immediate effect, the national governing body for cycling in Britain has announced today. The decision was made by mutual agreement with the board of directors and the search for a new CEO has now commenced. Cycling delivery director Danielle Every …

TfL has published a consultation report outlining the next steps for a new cycleway between Greenwich and Woolwich. The consultation, which took place before the pandemic, showed that 77% of people responding believed the planned changes would result in more people cycling, while 70% said the same about walking. Will …

Orbea is reorganising its business areas, with three appointments announced including the new position of sales strategy director. CEO Jon Fernández said: “Orbea is now a cooperative that employs around 1000 people worldwide. We are present all over the world as a recognised, sought-after brand. Now we are moving on …

The British wheel manufacturer Parcours says its latest aerodynamic road wheelset is its fastest ever version. Parcours’ new Chrono wheelset was designed based on the result of an in-depth scientific study carried out by Nottingham Trent University, to optimise aerodynamics and stability.  The Chronos Wheelset comes in three models – …