All Evans Cycles articles
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News
Frasers Group unveils loyalty scheme across all brands
Frasers Group chief executive Michael Murray has said the retailer is set to unveil a new membership scheme and flexible payments solution, which he described as the retailer’s version of Amazon Prime.
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Analysis
Analysis: How Frasers is plotting a profitable path through cost-of-living crunch
Frasers Group boss Michael Murray explains how it will maintain momentum to navigate its way through the cost-of-living crisis, inflation, supply chain challenges and battered consumer confidence
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News
Frasers Group’s Evans Cycles to axe 300 jobs in cost-cutting drive
The Mike Ashley-owned Evans Cycles is cutting 300 jobs and moving the remainder of its staff to zero-hours contracts in a bid to cut costs.
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News
Frasers Group set to open Leicester megastore
Frasers Group has announced plans to open a flagship store in Leicester’s Fosse Park which will combine its Flannels, Sports Direct, Evans Cycles and Game fascias.
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News
Mike Ashley’s Frasers Group refuses to pay rents
Mike Ashley’s Frasers Group has told landlords it will not pay rents until it is “fully able to freely trade as a business” again.
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News
Mike Ashley praises staff as Frasers Group readies to ‘potentially’ reopen stores
Frasers Group, formerly known as Sports Direct International, has said that it will pay 100% of salaries for the majority of its employees in May.
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News
Sports Direct profits rise as it shrugs off Belgian tax bill
Sports Direct has posted a jump in half-year profits and insisted the shock tax bill it received from Belgian authorities in the summer “will not lead to material liabilities”.
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Analysis
The many faces of Mike Ashley: Deal maker, drinker, disruptor
“It’s like he’s playing Pokémon or something – trying to catch ‘em all.”
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Analysis
Analysis: What is Mike Ashley's master plan?
Hark back to June 2016 and Sports Direct founder Mike Ashley was hauled before a parliamentary hearing about the working conditions at the retailer’s Shirebrook warehouse.
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News
Evans Cycles stores to be shuttered despite profitability
Evans Cycles’ new owner Mike Ashley has decided to close half of its shops despite administrators advising that “almost all” of its stores make money.
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News
Mike Ashley deals take toll of thousands of retail jobs
Mike Ashley’s takeovers of well-known retailers have cost 6,000 retail jobs and more than £1bn in unpaid bills.
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News
Sports Direct acquires Evans Cycles in pre-pack deal
Sports Direct has snapped up Evans Cycles in a pre-pack administration deal, which will see it axe half of the retailer’s stores.
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News
Halfords pulls out of race to buy Evans Cycles
Halfords has pulled out of the race to buy Evans Cycles, casting fresh doubt on the chain’s future.
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News
Halfords eyes Evans bid as it maps out new strategy
Halfords has reportedly made an indicative offer to buy rival Evans Cycles as its new boss Graham Stapleton reveals his vision for the business.
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News
Evans Cycles seeks buyer to fund rescue bid
Evans Cycles has put itself up for sale and is seeking fresh funding to secure its future.
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News
Evans Cycles narrows losses as sales edge up
Evans Cycles has reported reduced losses at the full-year mark as the retailer pumped up sales through rising demand for e-bikes.
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Analysis
Move of the week: Evans Cycles replaces Andy King
It’s a sign of just how jittery owners have become in the current retail climate that Evans Cycles chief executive Andy King was given just 17 months to breathe new life into the struggling business.
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News
Evans Cycles boss Andy King exits after 18 months
Evans Cycles chief executive Andy King has left the business after just 18 months in the saddle.
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News
Dunelm hires former Evans Cycles boss Wilkinson as CEO
Dunelm has appointed Nick Wilkinson to take the reins of the homewares retailer a year after his exit from Evans Cycles.
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Analysis
Data: The UK's top 30 multichannel retailers
In 2017, there aren’t many retailers that don’t operate an ecommerce site, but being a successful multichannel retailer is so much more than simply opening an online store.