BikeBiz Bicycle and cycling retail news

All four winners on the podium in Paris yesterday were Shimano-sponsored riders. And 14 out of the 20 stages were won on bikes clad with Japanese gruppos. Can Campag ever recover?

The Government's latest FMD report is vague on whether rights of way in the countryside would be again closed if foot-and-mouth returned to the UK. The Outdoor Industries Association calls foul.

Cannondale Corporation and Pegasus Capital Advisors, L.P. announced today that the trendy US bike maker has secured a new financing facility. The new package also includes an amended credit facility with Cannondale's existing lender, The CIT Group/Business Credit.

The solus sponsor will get its logo on all publicity materials about Singletrack's Mountain Bike Awards 2002, including at the top of all web articles, buttons and banners to be displayed on www.singletrackworld.com. A four-page magazine feature in December will also feature the sponsor logo and it will take pride of place in the start and end credits of the downloadable digicam recording of the awards ceremony in October.

Cycle Claims Management is part of the same group of Warrington-based companies that also includes Legal Solutions Direct, a personal injury claims management specialist, and Lawshield UK, a legal costs insurer