Tag Archives: ProBikeKit

Mike Ashley’s Frasers Group set to acquire ProBikeKit, according to reports

The Frasers Group, founded by well-known high street tycoon Mike Ashley, is in advanced talks to buy online retailer ProBikeKit (PBK), according to multiple sources. Sky News is reporting that The Frasers Group, which also owns Sports Direct and Evans Cycles among others, could be set to finalise a deal …

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Online retailer ProBikeKit set to close, according to multiple reports

Online cycling retailer ProBikeKit (PBK) is set to close, according to multiple reports including from Business Live. The news comes after parent company THG announced the discontinuation of OnDemand, one of its lifestyle divisions that PBK was a part of. In January, THG confirmed it was reviewing “loss-making categories and …

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