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Circulatory Capital was a lead investor when Rebike raised €24 million to expand into France, the Netherlands and Switzerland. – Photo Rebike

Private equity supporting growth of micromobility's circular future

EDINBURGH, Scotland - A 9-digit private growth-equity fund which has already supported Rebike, Bike Club and Grover in the micromobility sector,...

ePack4 is now available for business lease. – Photo ePack4

Cityshuttle launches the ePack4, the last-mile delivery innovator

LONDON, United Kingdom - A remarkable sight in London's streets: ePack4 which surpasses other last-mile delivery innovators by doubling the standard...

“The UK cycling market was impacted by a combination of continued weak customer confidence and unusually mild and very wet weather,” writes the UK retailer. – Photo Halfords

Halfords reduces profit forecast in trading update

REDDITCH, England - In a trading update Halfords Group announced to expect a significant drop in like-for-like revenue growth in its retail business....

Heavy discounting led to slightly improved sales in the latter half of 2023 in the UK, but imports still outweighed sales volumes. – Photo Shutterstock

UK losing heavily in catch-up game with European bicycle market

LONDON, United Kingdom - In contrast to other European markets, where declines in unit sales could be offset against higher sales values, this can't...

December is usually a strong month for children’s bicycle sales in the UK, but this wasn’t enough to overturn the deficit. – Photo Halfords

Halfords bicycle sales well below pre-pandemic levels

REDDITCH, England - Halfords has reported a 5.1% dip in its Q3 cycling sales compared to the same period last year. More concerning is that the UK...

The lightweight device contains a 250-watt motor with 50Nm torque, and a battery that has a range of up to 60km. – Photo Skarper

Start-up partners with Red Bull Advanced Technologies on e-bike...

LONDON, England - Newcomer Skarper has developed a retrofit solution to turn any bicycle into an e-bike. What started with the backing of six-time...

Although several names were mentioned as potential investors for WiggleCRC, it has turned out to be difficult to find a new owner in the short term. – Photo WiggleCRC

WiggleCRC closes international webshops

PORTSMOUTH, UK - Recent developments at WiggleCRC have taken a dramatic course as the company announced it will close down all its international...

“The fact that chargers were still for sale reinforces the need for urgent changes to the law, strict enforcement and penalties,” says UK consumer safety charity, Electrical Safety First. – Photo Wish.com

Regulation required to ban unsafe e-bike battery chargers and...

LONDON, UK - Quality issues with e-bike battery chargers have caused reasons for concern in the UK but also in EU countries. One of the largest...

Halfords reports that a challenging market, weak consumer confidence and unfavourable weather conditions have impacted its cycling sales performance in the first half of the 2024 financial year. - Photo Shutterstock

Small silver lining for Halfords as cycling division underperforms

REDDITCH, England - Alongside mainland Europe, bike sales in the UK have taken a market-adjusting dip this year. Retail giant Halford has reported...

Co-CEO’s Albert Nassar (l.) and Elliott Wertheimer outline the future of VanMoof. – Photo Lavoie

VanMoof enters next chapter; new owner Lavoie outlines strategy

WOKING, UK - The bankruptcy of VanMoof this summer caused a lot of commotion in the bicycle industry. Since the confirmation of the take-over of the...