Retail
Signs of the Times
BikeExchange Purchase Set to Deliver Massive Growth for Kitzuma
North Carolina, US BikeExchange Limited’s recent purchase of US-based ready-to-ride bike delivery and logistics business Kitzuma is set to bring fast and substantial growth for both organisations, according to executives from the two parties. Melbourne-headquartered BikeExchange is listed on the Australian Stock Exchange under the code BEX. The US$3.375 million ($A4.75 million) purchase, announced on December…
COVID Sales Boost Hits Second Wave
Sydney NSW Australia’s COVID-induced surge in bike industry sales is entering a second wave, with many cycling newcomers ready to step up their equipment, according to industry veteran Robert Thomson from Sydney store Bicycles Plus. Robert said he was starting to see a surge of buyers keen to upgrade to bikes more fitting to their…
Rapid Growth Looming for Electric Bike Company
Perth, WA Major expansion is on the horizon for WA e-bike specialist The Electric Bike Company, which opened its second store just before Christmas and is now evaluating opportunities for further sites in the very near future. Just weeks after the launch of its Joondalup store, 30 minutes north of the Perth CBD, The Electric…
Ex-Amazon Executive to Guide BikeExchange Seller Success
Melbourne, Victoria Former Amazon executive Joe McArdle has been appointed as BikeExchange’s Global Head of Seller & Merchant Success, to help sellers and merchants find the right product mix and maximise their sales on the BikeExchange website. Joe held various key operational roles at Amazon in Australia and the UK, across online sales, stock and…
Sydney Electric Bikes Opening Two New Stores
Pyrmont, NSW Sydney Electric Bikes is about to open two new stores which will take their total number of locations up to nine. Founder Jake Southall recently spoke to The Latz Report and started by summarising his rapid growth from the humblest of beginnings. “We opened up the first little concept shop on Pyrmont Bridge…
Will Your Next Competitor be a Surf Shop?
Wollongong, NSW I recently walked past the shop window of a well presented surf and ski shop and there front and centre were a couple of e-bikes. Looking inside, there were a few more on prominent display. After receiving permission from the owner, I took the two photos that accompany this article. The bikes are…
10 Tips to Help Your Store Through Lockdown
As we compile this article during the second half of August 2021, more bicycle shops in more states and territories face tougher restrictions than at any time since the start of Covid restrictions in Australia 18 months ago. Here is a brief summary, focusing only on the restrictions specifically related to the bicycle industry. In…
E-Bikes Attract More Women – Study Suggests
A new study of electric bike use in New Zealand has found that pedal assistance has acted as an enabler to empower women to ride. Ebikes could be the catalyst for bike retail environments becoming more female friendly. Part of the reasoning for the shift put forward by the bike shop managers interviewed for the…
Aussie Cycling Apparel Brand Opens ‘Shop in Shop’ in Harrods, London
MAAP, the Melbourne-based cycling apparel brand, is now available for purchase, in-store and online through a click and collect service, at Harrods one of London’s and the world’s most famous high-end department stores. MAAP commissioned leading London-based retail design consultants Brinkworth to design a bespoke ‘shop in shop’ retail kit to translate the brand into…