The London-based wall-mounted bike storage manufacturer attracted 50% of its business from the EU pre-Brexit and has been left with a £100,000 hole in revenues. /
'Brexit cost my bicycle business £250,000 extra in just two months, and I can't see any positives'
18/04/2021
The extra costs of doing trade with Europe have already wiped out the entire 2020 profits of Frog Bikes in Pontypool
Distributor of KTM road and mountain bikes shuts citing Brexit red tape as a major factor.
Businesses cite higher costs, customs delays and paperwork as among the problems they face.
Following distributors Moore and Large, and 2Pure, another UK bike company, FLi Distribution, has ceased trading this year. / In a post published yesterday on Linkedin with the words, "FLi is done", Williams writes, "If you voted for Brexit, please realise this is 90% because of your decision back in 2016."
Anti-Brexit protester Steve Bray berates Sajid Javid... whose driver ignores cyclists' advanced stop line
29/06/2022
The prominent anti-Brexit activist, ever-present outside the Houses of Parliament, had an eventful day yesterday, so we'll forgive him for not giving the driver both barrels too. / All very interesting, but not very cycling-related... that was until this happened...
The Bicycle Association (BA) has published a series of guides which offer information on matters of interest to the cycling industry and the public. More detailed guidance is available to BA member companies.
British bike exporters Frog and Brompton are counting the costs of an eleventh hour Brexit deal with exports suffering and price increases imminent, according to reports in the press over the past week.
Next year’s 20th anniversary edition of London-Paris, the three-day ride that features on many cyclists’ bucket list, will be the last in the current format, with organisers blaming the decision in large part on increased costs and logistical headaches in the wake of Brexit.
Frog Bikes reported losses of over £500,000 in 2022. / British children’s bike manufacturer Frog Bikes has said mounting Brexit costs drove it into the red last year.
The UK's new trading relationship with the European Union (EU) might be less than two weeks old but some businesses - and their European customers - are already struggling to adjust to the new trading landscape.
The founder of bicycle storage company Cycloc has said that the impact of Brexit on his business led to a 25% drop in sales. / The company, which has designed custom wall-mounted storage solutions for customers including Mark Cavendish, has witnessed a £100,000 drop in revenues since new rules were put in place in January 2021.
Brexit punctured our trade, says bike firm
28/03/2023
And the call comes as a Gloucestershire bike specialist tells Punchline its export business has been deflated by a lack of post-Brexit trading agreement.
The team at Brompton Bicycle Ltd. thought they were prepared for Brexit.
British Biker Unable to Participate in Maribor World Cup Due to Brexit Related Visa Issues
14/08/2021
British biker Jamie Edmondson has announced that he won’t be racing in the World Cup in Maribor this weekend since he couldn’t secure a visa to enter Slovenia, where the race will take place.
The visa rules mean that non EU citizens can only spend 90 days in Europe. / British riders are petitioning the government to get visa-free permits so they can race in Europe this season.
Brompton Bikes' CEO Will Butler-Adams has addressed the issues facing brands in the industry, and points to enduring problems from Brexit, rising energy bills, the pandemic and the cost-of-living crisis for contributing to a challenging time for the folding bicycle manufacturer.
Brompton is facing a host of problems from material shortages to rising production costs as the fallout from Brexit and Covid continues to impact UK manufacturers.
I was asked for £2,000 more in duty and VAT to get it delivered
Citing Brexit, “it may not be viable to invest in UK manufacture for export”, says Cycloc
13/02/2023
Having made national press headlines in January in relation to its stance on Brexit and the associated costs to its business, Cycloc has today expanded upon the complaint, adding that it is becoming less viable to invest in its UK production given the new and enhanced hurdles it faces exporting its goods.
Wall-mounted bicycle storage firm Cycloc is to cease production, with its founder citing the impact of Brexit as one of the principal reasons for the decision.
Decathlon blames Brexit for higher UK e-bike prices and launches rental service to make them more accessible
30/08/2022
French sports goods giant Decathlon has said that its significantly higher UK prices for e-bikes are largely down to Brexit. The retailer has however launched a rental service to help people, “explore new sports” in a more affordable way.
FLi Distribution ceases trading
19/07/2023
Sources have confirmed that FLI Distribution has ceased trading with effect from this week. / The difficult trading conditions facing cycling and many industries are thought to have played their part, including the post Covid-lockdown disruption and the impact of Brexit and the complexities it brought to EU/UK trading.
Gocycle, the award-winning e-bike brand founded by ex-Formula 1 engineer Richard Thorpe, is setting up a subsidiary in the Netherlands after the Brexit deal signed on Christmas Eve provided “certainty” about the future trading relationship between the UK and EU.