BikeExchange Scraps Kitzuma Ready-to-Ride Delivery Service

Person loading bike into delivery van

North Carolina, US Online bike retailer BikeExchange (BEX) has announced it is scrapping the ready-to-ride bicycle delivery service by its Kitzuma subsidiary in the US, which it had earmarked to be replicated in its existing markets. During BikeExchange’s half-yearly financial report to shareholders last week, the company declared it would not be resuming Kitzuma’s ready-to-ride…

BikeExchange CEO Resigns Amid Multiple Challenges

Mark Watkins (right) and Sam Salter

Sydney, NSW BikeExchange co-founder Sam Salter has temporarily stepped into the company’s CEO role, following the abrupt resignation of Mark Watkin from the position. The Melbourne-based company last week issued a statement announcing Mark was stepping down, effective immediately, but would remain with the company in the short term to ensure a smooth handover. “As…