UK's Evans Looking for Buyer

LONDON, UK - High street cycle retailer Evans was seeking GBP10 million (11.2m euros) in funds for a financial restructuring as Bike Europe recently reported. UK media reports now suggest that the firm, which has a strong network of 60 stores, has moved on to seek a buyer for the company. Evans sells some well-respected, premium brands such as Brompton and also has a host of own-brand creations, such as FWE clothing and accessories as well as Pinnacle bikes.

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