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Wahoo has new tech targets

Mike Ashley eyes ProBikeKit takeover

Mike Ashley is set to take control of cycling retailer ProBikeKit, as his Frasers Group is in talks to acquire the brand, according to reports.

The group, which also owns Sports Direct, is expected to take over ProBikeKit through its Evans Cycles subsidiary, Sky News reported last week.

Ashley bought Evans in 2018, and closed half of the stores. Ashley no longer runs Frasers in an executive capacity but remains its biggest shareholder.

Ashley: ProBikeKit bid

Wahoo bosses look to indoor market push after refinancing

The bosses of US firm Wahoo have said they see big opportunities for indoor cycling technology days after the firm refinanced.

Wahoo founder Chip Hawkins was keen to keep exact details under wraps but when asked what he was excited about he said: “I think the trainers will be really exciting this year, we’ve got a lot of stuff going on, there’s still a lot of room for innovation there.”

Photos Getty Images, Aarron Hewitt

58% …fall in fatalities in London

New figures from Transport for London have revealed that seven cyclists were killed in the capital in 2022, a fall Unchained gets a second series of nearly 60% from the 2005-2009 yearly average the body uses to measure its performance. While the number

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