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How 99 Bikes plans to return to profit with an electric-powered push

Flight Centre's part-owned Pedal Group bicycle retailer 99 Bikes is B Corp certified and is touring Australia to showcase its latest e-bikes.

Melbourne , Victoria , Australia , United-kingdom , Sydney , New-south-wales , Pimpama , Queensland , Perth , Western-australia , Brisbane , New-zealand

Brand Manager – Merida & BMC Bicycles

Salary: $110k-$130k AUD, negotiable based on experience & demonstrable ability against the Key Selection Criteria. Contribution to relocation - BikeBiz

Taiwan , Australia , Switzerland , Germany , France , Taiwanese , Swiss , Australian , Bob-bigelow , Microsoft-office , Self-development , Merida-research

99 Bikes parent Pedal Group hit by oversupply of bicycle stock after lockdown boom

An oversupply of bicycle stock has hit profits at Pedal Group, the cycling venture partly owned by Flight Centre.

United-kingdom , New-zealand , Lender-commonwealth-bank , Flight-centre , Advance-traders , Pedal-group , Commonwealth-bank ,

99 Bikes owner Pedal Group cancels a year's worth of orders because of inventory oversupply amid post-pandemic sales slowdown

Cheaper bicycles and e-bikes are among the items in oversupply, especially for Pedal Group’s wholesale division.

Australia , Australian , Graham-turner , Matt-turner , Flight-centre , Australian-financial , Advance-traders , Pedal-group , Boosting-apprenticeship-commencements , Spicers-hidden-vale ,