News

Partnerships, acquisitions and investment news throughout the cycling industry

Richard Todd joins HJC Sports to lead European bicycle business

HJC Europe has announced the recent appointment of Richard Todd as the new European brand and sales director for HJC Sports Bicycle Helmets. This is a newly-created position overseeing all commercial and marketing activities for the brand within Europe, working closely with the Korean HQ. Todd is a veteran of …

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Pauls Cycles sees nearly 20% sales increase year-on-year

Pauls Cycles has reported a nearly 20% year-on-year sales growth over the last six months, following 13.7% growth last year. Despite the rocky industry landscape, the online bike retailer is climbing steadily, reporting a 16% increase in profit in the same period. The independent brand’s success is in part credited …

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Cyclesense debuts new visual identity

Cyclesense, a family-run bike shop and a cornerstone of Tadcaster since 1991, has debuted a fresh new look. The rebrand, which includes a new visual identity, represents the evolution of Cyclesense from its humble beginnings to its status today as a thriving independent retailer serving cycling enthusiasts both locally and …

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Saddleback to distribute Trickstuff in the UK and Ireland

Saddleback has announced a distribution partnership with Trickstuff, bringing easier access to the premium German braking brand for dealers and consumers in the UK. Founded in 2004 by Michael Habighorst through the desire to improve the status quo of braking performance, Trickstuff has built a reputation for making some of …

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Madison to support Cytech training in Ireland

Madison is teaming up with Cytech and the Rediscovery Centre in Ireland, to offer a first-class bicycle mechanic training facility by providing a full Park Tool workshop. The Rediscovery Centre is the National Centre for a Circular Economy and since 2004 has been committed to Ireland’s sustainability ambitions. In April …

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Laka acquires renewal rights to CoverCloud’s bike portfolio

Laka has acquired the renewal rights to CoverCloud’s bike portfolio. CoverCloud is the online direct selling division of Acumen Insurance Services Limited, providing innovative personal lines insurance products, notably travel and gadgets. A trailblazer in the industry, This acquisition marks a significant step in Laka’s growth strategy, following its acquisition …

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The Cycle to Work Alliance convenes MPs to discuss future of cycle commuting

The Cycle to Work Alliance, a policy coalition of five providers of the Cycle to Work Scheme, has held a roundtable with active travel policymakers, including MPs at Portcullis House, Westminster. To date, the Cycle to Work Scheme has enabled more than two million employees to access a bike. Despite …

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The top five jobs in the bike trade this week – 13th September

The BikeBiz jobs board helped fill more than 720 positions in 2023, and listings are still on the rise. Here’s our latest top five… PAC Buyer and Retail Merchandiser – Wheelbase Lakeland Limited Wheelbase Lakeland Limited are one of the UK’s leading premium cycle retailers, with a head office and …

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Gocycle launches crowdfunding campaign as brand looks to reboot after internal restructuring

Following an internal restructuring after the challenging recent economic conditions faced by the bike industry, Gocycle has launched an equity-based crowdfunding campaign to recapitalise the company and expand its new range of models. Aiming to lead and define the premium urban folding bike market, the company is broadening its model …

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Raleigh UK welcomes three new regional account managers

Raleigh UK has announced the addition of highly experienced individuals to its team. The new regional account managers, Andrew Dodds, Daniel Gaby and Graham Moore will play a key role in expanding the company’s dealer network of bike brands Raleigh, Haibike and Lapierre. Dodds has a track record of success …

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