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Speculation Arises Around Wiggle Buyout By German Retail Giant Signa Sports


Speculation Arises Around Wiggle Buyout By German Retail Giant Signa Sports
May 11, 2021
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Bloomberg has reported that German online retail giant Signa Sports could be considering purchasing Wiggle as part of a larger merger deal with American billionaire Ron Burkle s Yucaipa Acquisition Corp.
Signa Sports operates in a number of sports retail markets and its portfolio includes three cycling-specific websites - ProBikeShop, Bikester and Fahrradd.de. In total, the company operates 80 websites in 17 countries and recorded more than $1 billion of gross merchandise volume from its 4 million active customers last year, according to a recent press release. If true, the information, which came from unnamed sources, would take Signa Sports public and create a combined entity worth $4 billion. ....

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Three easy ways to help your bike last longer


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Our bikes are an important tool. Whether we use them for commuting, exercise, or enjoyment, they must stand the test of time and keep us in the saddle for as long as possible.
Of course, wear-and-tear is a natural obstacle for many cyclists, but one that can be easily avoided. A little bit of bike-care can help your mountain bike maintain its functionality and continuing pedalling for years to come.
We asked Ben Mercer from Leisure Lakes Bikes for the best tips and tricks for maintaining your mountain bike. Here, we look at his recommendations to help you keep cycling for longer: ....

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The impact of COVID-19 on modern retailers


The impact of COVID-19 on modern retailers
There is no doubt that the coronavirus pandemic has changed the landscape of the retail sector. Social distancing regulations and civil anxiety surrounding the virus mean that physical stores do not offer the same browsing experience as we would usually expect. Meanwhile, a growing reliance on online shopping has been boosted by instructions to remain at home as much as possible.
The impact of COVID-19 and our new shopping behaviors have a profound effect on retailers. Changed buying experiences, falling and rising sales, and new consumer demands have defined an adverse year in retail. Here, we look at how customers and businesses have been affected by these changes. ....

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