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Evans Cycles news and archive

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Business

Frasers Group-owned Evans Cycles to cut 300 jobs

Frasers Group-owned bicycle retailer Evans Cycles is reportedly planning to cut more than 300 jobs and switch hundreds more staff to zero-hour contracts as the group looks to cut costs. In a document sent to staff, and seen by The Guardian, Evans Cycles said it intends to cut up to half of the workforce in many of its stores, from 813 to 475....

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Member
Business

Sports Direct boss Mike Ashley ‘deeply' sorry for Covid-19 response, offers support to NHS

Sports Direct boss Mike Ashley has said he is “deeply apologetic” for his company’s earlier efforts to keep stores open amid the country’s lockdown and has offered to help the NHS during the pandemic. On Monday evening, prime minister Boris Johnson announced the immediate closure of all ‘non-essential’ stores across the country - including...

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Retail

Evans Cycles to close more stores following Sports Direct takeover

Cycling clothing, accessories and equipment brand Evans Cycles is set to close three more stores this month, bringing the total number of closures to eight since the chain was bought by Sports Direct. That number is relatively low considering that shortly after Sports Direct bought the chain out of administration for 8 million pounds (10.2...

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