Posts Tagged ‘Pedal Group’
Pedal Group Receives B-Corp Certification
Brisbane, Queensland Australian-founded Pedal Group Pty Ltd announced on Monday 11th March that it had achieved B Corp certification for its 99 Bikes retail stores and Advance Traders wholesalers in Australia and New Zealand. B-Corp certification is a voluntary code that companies can choose to apply for, that requires them to be audited in relation…
Letter to the Editor – The Pedal Group Are Damaging Our Industry’s Profitability
Bentleigh, Vic Dear Sir, From my seat, it looks like Advanced Traders/99 Bikes continued their bullish ordering and were not reading the tea leaves when the pandemic was coming to a close. They filled their warehouses to the rafters when most other suppliers were carefully cancelling or trimming some orders and taking close note of…
$12.4 Million Loss, Three NZ Stores Closed & New Gold Coast Store – Mixed Fortunes for Pedal Group
Coomera, Queensland Pedal Group will enjoy a moment of celebration in a generally tough year, when it opens a new store on the Gold Coast in the coming weeks. Amid recent news about sizeable losses and a drop in valuation for the organisation, and speculation the organisation is about to close multiple Australian stores, Pedal…
Hargroves Rebrand Completes 99 Bikes Purchase
Southhampton, UK Pedal Group has begun a rebrand of the UK retail chain, Hargroves Cycles, it purchased recently. The Queensland-based company last week began converting the four Hargroves outlets into 99 Bikes stores, consistent with its retail operations in Australia. Hargroves founder Peter Hargroves said on social media site LinkedIn the rebranding was an end…
Bicycle Academy Growing and Evolving to Train the Nation’s Mechanics
~ Sponsored Content ~ Expanding training organisation the Bicycle Academy is swiftly implementing its own lessons, to ensure Australia’s only national bike mechanics apprenticeship program accurately matches the needs of the industry. It’s a little under a year since the Bicycle Academy, a joint venture by training provider Industry Graduates and leading bicycle wholesale and…
Bike Mechanic Training Academy Expands into More Cities
Perth, WA Bike mechanic training enterprise The Bicycle Academy has expanded its operations into Perth and Auckland, with courses set to start at those centres in July. The academy, established by the bicycle retail and wholesale company Pedal Group and training organisation Industry Graduates, has established training facilities in Perth suburb of Osborne Park and…
Pedal Group Boost For National Mechanics Training
Sydney, Australia Pedal Group will this month move into its fourth mechanic training facility, as part of the organisation’s The Bicycle Academy training offshoot. The company is adding its new Sydney training facility to its existing Bicycle Academy sites in Brisbane, Melbourne and Adelaide. The Academy roll-out comes after the major retailer secured a licence…
Exclusive Interview: 99 Bikes’ Departing Founder Reflects upon Lessons, Wins and Massive Future Expansion
Brisbane, Queensland When Matt Turner founded 99 Bikes in 2007, he had no prior bike industry experience, apart from being a keen triathlete being a dissatisfied customer of his local bike stores. Little did those stores who gave him bad service at the time realise, they’d be sowing the seed for what is already by…
Inside Australia’s First $200 Million Bicycle Business
The Pedal Group has just reached a major milestone for Australian bicycle businesses. It has become the first to reach $200 million in annual sales. This business is best known by its two major components, Advance Traders and 99 Bikes. Because a major shareholder of The Pedal Group, Flight Centre Limited, is a public company…