• 2025: cycle industry slumps

    From Spike@aero.spike@mail.com to uk.rec.cycling on Sat Dec 27 11:17:44 2025
    From Newsgroup: uk.rec.cycling


    There were [financial] losses at Evans Cycles, Endura, Sigma Sports, and
    many more.

    Campagnolo has laid off a significant number of staff following three years
    of heavy losses, while Shimano and Canyon reported profit and sales slumps respectively.

    The big headlines were saved for Rapha who this autumn told us it would be slashing its valuation by -u102m amid a -u15m loss and an eighth straight
    year in the red.

    <https://road.cc/content/news/what-was-biggest-cycling-story-2025-317419>
    --
    Spike
    --- Synchronet 3.21a-Linux NewsLink 1.2