Alchemy Expansion Bringing Golden Age for Bike Recycling

Nigel Letty with bikes

Melbourne, Victoria Second-hand bike sales in Australia will enter a new realm as Melbourne’s Alchemy Cycle Trader prepares to relocate into much larger headquarters. The new 900m2 premises will enable the Knoxfield business to combine high-end second-hand and new bike sales with a greater focus on classic and collector bikes, including a museum to showcase…

Damien Departs Flemington Cycles for Fruitful New Career

Flemington Cycles store exterior

Melbourne, Victoria Inner Melbourne bike store Flemington Cycles is set to be sold this month, with long-term owner Damien Lack departing on a radical career change. After owning the suburban store for 27 years, Damien is joining his father-in-law in a growing biosecurity business specialising in fruit fly control. The sale of the specialist Giant…

Angle Grinder-Resistant Bike Lock Arrives in Australia

Hiplock testing with angle grinder

Brisbane, Queensland What is claimed to be the world’s first truly portable bike lock resist to an angle-grinder attack, the Hiplok D1000, is now available in Australia and distributed by Advance Traders. The D1000 uses “advanced material technology never before used in bicycle or motorcycleLocks”, according to a statement by Hiplok. “This includes the use…

PURE Sports Nutrition Launched in Australia

PURE Sports Nutrition products

Christchurch, NZ NZ family-owned business PURE Sports Nutrition has signed with Melbourne-based distributor Bikecorp to introduce Australia to its range of natural products. Brother and sister Simon and Marewa Kraak started PURE Sports Nutrition in 2012 after “failing to find sports nutrition products that sat well during training and racing”. “Everything was artificial, full of…

Bosch Heads Expo Newcomers

People riding e-bikes

Sydney, NSW Leading e-bike drive system manufacturer Bosch e-Bike Systems, bike and scooter share company Lime, cargo bike distributor and retailer Dutch Cargo Bikes and cycling eyewear brand BZ Optics are among the most recent exhibitors to sign up for next month’s Micromobility Conference & Expo. Bosch used Eurobike 2022 to unveil updates on its…

Container Rates Forecast to Drop Below Pre-Covid Levels

Hamburg, Germany Shipping container rates are poised to drop below pre-Covid levels according to a report published this month by Container xChange, an online platform for container logistic companies to book and manage containers. The German company attributed the price drop to a fall in China’s exports in September and global economic downturn, saying market…

How’s Business? – October 2022

Kingston Foreshore Cycles shop interior

Welcome to our monthly check-in with bicycle retailers across Australia and NZ.While sales trends varied slightly between this month’s featured businesses, the messaging on services was consistent – workshops have never been busier. As always, in addition to asking “How’s business?” we asked a follow up question. This month’s question was: “What is it your…

Renegade Newcomer Brings National Aspirations

Renegade Cycles exterior

Sydney, NSW Sydney bike store Renegade Cycles has changed hands for the first time in almost three decades and the sale appears to have unleashed a new force on the national bike industry. Experienced bike mechanic and former financial adviser Griff Moore purchased the Lane Cove store recently, only eight months after buying his first…

Lug+Carrie Raises $5 Million Ahead of US Expansion

Woman and two children riding a bike

Melbourne, Victoria Melbourne-based e-bike subscription provider Lug+Carrie has secured $5 million in bridge funding, as it prepares for expansion into the US and other new markets. “Lug+Carrie have major plans to expand their business and will be launching in the United States via a soon-to-be-announced joint venture with one of their investment partners.” Lug+Carrie says…

Evolution Flourishing With Freedom to Diverge

e-bike at the fron of Evolution Bikes store front

Perth, WA Inner Perth store Evolution Bikes is enjoying newfound independence, broadening its product range and finally pursuing its objective to focus on e-bikes. Established as a My Ride store five years ago, the business underwent a rebrand and major change in focus three months ago. Owner Anthony Hart said launching under the My Ride…