All Evans Cycles articles
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NewsFrasers 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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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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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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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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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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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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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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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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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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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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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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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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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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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.
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Analysis
Infographic: Mike Ashley, Sainsbury's and Superdrug
Words and numbers, July 14, 2017: Mike Ashley gets carried away at the High Court, Andy King looks at Evans Cycles’ prospects and numbers from Sainsbury’s, Superdrug and JD Sports.
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Evans Cycles profits punctured despite sales rise
Evans Cycles posted a slump in its preliminary profits, which new boss Andy King attributed to ongoing adverse market conditions.
