How’s Business – November 2023

Exterior of bicycle store

Welcome to How’s Business, brought to you by Knog – Australian designed and lighting up the world. I’ve recently been hearing about multiple stores, spread across three different States and Territories, where senior bicycle mechanics or workshop managers are being offered or already being paid salaries in the vicinity of $90,000. This is higher than…

Cyberbikes Chooses a Different Path

Man standing with bicycle out the front of bike shop

Leichhardt, NSW Cyberbikes has just opened a relatively small shop on one of Sydney’s busiest stretches of road. Parramatta Road at Leichhardt is about six kilometres west of the CBD. This is a relatively densely populated area with century-old terrace houses and a wide range of apartment buildings. Unlike most small bicycle stores, founder Felipe…

JetBlack’s Bright Future Beyond Wahoo Settlement

Person riding an indoor bicycle trainer

Sydney, NSW A recently concluded patent dispute between global indoor trainer heavyweights Zwift and Wahoo has left Australian manufacturer JetBlack with a significantly reduced international market for its latest smart trainer. However, JetBlack founder and managing director, Tony Simmonds, remains optimistic the Australian and export markets that remain open for its JetBlack Volt V2 trainer…

Staff-Starved Store Finds Solution as Shop With No Bikes

Bike store interior

Geraldton, WA Northern WA bike store owner Leighton Thomas has received plenty of puzzled expressions in recent weeks, as he outlined plans to reinvent his business as a “bike store with no bikes”. “I’ve never stumped so many people before,” according to the industry veteran of 33 years, including stints as some of bicycle retail’s…

How’s Business – October 2023

Bike Culture Belconnen store exterior

Welcome to How’s Business, brought to you by Knog – Australian designed and lighting up the world. Even though it’s one of the first things dealers talk to me about, it has been six months since we last specifically asked our How’s Business participants about the ‘d’ word … discounting. So for this month’s follow-up…

Inside Australia’s Largest New Bike Shop

Panoramic interior view of bicycle store

Lilydale, Victoria The Latz Report recently wrote about Yarra Valley Cycles purchasing a 1,500 square metre premises to be transformed into one of Australia’s largest bike shops. On 13th September, we had the chance to visit the almost completed store to take photos and interview co-owner Ash Swann. Lilydale is 42km east of the Melbourne…

How to Sell Nearly $1 Million in Apparel Annually

Brookvale, NSW Back in early 2021, I phoned Sticky Bottle as part of our monthly How’s Business column, in which we speak to bike shop owners and managers across Australia and NZ. As you can see in that column, owner Justin Roscoe made the rare revelation that they sold a lot of cycling apparel through…

Remodelled Reid Cycles Rolls out Latest Electric Offerings

folding ebike

Frankfurt, Germany A remodelled Reid Cycles was on display at Eurobike 2023, including the Australian brand’s escalating shift into e-bikes and e-scooters. Reid Cycles founder James Reid, group CEO Rob Akam and the Reid team used the Frankfurt trade show to unveil several new e-bike and e-scooter models, including the company’s first folding compact e-cargo…

Revolve Alliance Restores Pedal Club Momentum

Two men shaking hands with bikes in foreground

Sydney, NSW Two relatively young Sydney organisations – one a subscription business specialising in children’s bikes and the other a recycling operation created to serve the bike industry – have joined forces to strengthen the sustainability objectives of both ventures. Bike leasing company The Pedal Club last month announced it is partnering with Revolve Recycling…

Shimano Australia Launching App for Crank Inspections and Replacements

Shimano head office exterior

Sydney, NSW Authorised Shimano dealers in Australia will soon have access to an app to help deal with a voluntary inspect and replace program for the brand’s HOLLOWTECH II road cranksets. Shimano will launch access to the Shimano app during the week starting Monday 16th October, after Shimano Australia and the Australian Competition and Consumer…