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Approximately 4,000 speciality bicycle retailers, which include local bike shops, command approximately 13% of the bicycle market in terms of unit sales in 2015, but 49% of the dollars spent on bikes. [15] There are also chains of bike shops, though most LBS are independently owned, and 91% of them have one location. [16]
Aventon's e-bikes are marketed through more than 1,800 retail shops in the U.S., including Alaska, Hawaii, and Canada with a thriving online business through e-commerce. [1] Aventon was founded in 2012 by Jianwei (JW) Zhang considering the concern of affordability in cycling, especially for college students.
Chain Reaction Cycles is an English online retailer of sports gear and equipment. It is the online brand of the Frasers Group, having been bought after WiggleCRC went into administration with losses of £97 million. [1] Previously it was an online retailer of cycling products based in Belfast, Northern Ireland. [2]
Halfords acquired Swansea based Tredz Bikes, an online retailer of premium bikes and cycling accessories, and Wheelies, the largest provider of bicycle replacement for insurance companies in the United Kingdom, for £18.4m, from founders Keith and Michael Jones, on 24 May 2016. [14]
American Bicycle Group (ABG) is a manufacturer of bicycles based in Chattanooga, Tennessee, United States. [2] The company operates under a consumer-direct business model: selling their made-to-order bikes online [3] and shipping them direct to the consumer. [4] In July 2019, ABG was honored at a White House "Made in America Product Showcase ...
With the backing of Chain Reaction Cycles and using a direct-to-consumer business model, Vitus continued to innovate and produce competitively priced bicycles. Wiggle Ltd, another online retailer of cycling and triathlon equipment, acquired Chain Reaction Cycles (CRC) in July 2016, thus acquiring the Vitus brand.
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