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15 Jul 2024

The Independent has published its list of the best electric bikes of 2024 after testing a series of folding, hybrid and city e-bikes.

15 Jul 2024

Community groups and other not-for-profit organisations in Greater Manchester can now apply for funding to set up their own bike library.

15 Jul 2024

Andrew Goodacre, CEO of ACT parent company Bira -the British Independent Retailers Association – has met with the new Secretary of State for Business and Trade Jonathan Reynolds and...

15 Jul 2024

The London Cycling Campaign has teamed up with Lime and Loud Mobility to launch a new £100,000 ‘Share the Joy’ fund to increase cycling within...

2 Jul 2024

We recently reported that a £1 billion damages claim had been filed against Amazon on behalf of retailers selling on Amazon’s UK marketplace for illegally misusing their data and...

2 Jul 2024

In the first of an occasional series of features, we are delighted to introduce you to Ross, an expert trainer in Glasgow, and one of the most recent trainers to join the Cytech family.

1 Jul 2024

ACT member e-Velo is to open a new store in the Royal Arcade in Norwich in July, selling a range of e-bikes from some of Europe's top brands.

1 Jul 2024

Bicycle manufacturers say they are optimistic about the bike industry’s growth prospects, anticipating a boost in sales – supported by a ‘positive impulse’ from the...

1 Jul 2024

Although London has some of the best cycling infrastructure in the UK it continues to lag behind European cities including The Hague and Paris, according to a new global survey.

1 Jul 2024

ACT partner V12 Retail Finance has been announced as the sponsor for the Retailers Category at the BikeBiz Awards 2024, in association with Push.

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Reports suggest Cycle Show 2024 cancelled due to "current challenges in the cycling industry

Posted on in Business News , Cycles News

It has been reported that The Cycle Show, the major industry event held at London's Alexandra Palace and which this year celebrated its 20th anniversary, has fallen victim to the challenging times being experienced by the bike industry.

Cycle Show logo

A post on LinkedIn from Alan Parfitt, the former head of sales and sponsorship for the Cycle Show, and first reported by Cycling Weekly, suggests that "due to the current challenges in the cycling industry, Immediate Live has made the very difficult decision to cancel the Cycle Show 2024".

At the time of writing, the event's website did not make mention of the event being cancelled. However, Mr Parfitt said the decision came against the backdrop of the wider cycling industry's struggles, notably with "current challenges created by overstocking and lack of demand" which has "made running a large-scale event not commercially viable".

"I have read loads of these kinds of posts from cycling industry colleagues over the last year and now it's my turn," he wrote last week. "After five very happy years as the head of sales and sponsorship for the Cycle Show, I am sad to announce that today is my last day in the role.

"Due to the current challenges in the cycling industry, Immediate Live has made the very difficult decision to cancel the Cycle Show 2024. We managed to navigate our way through the pandemic and subsequent stock shortages, but the current challenges created by overstocking and lack of demand have made running a large scale event not commercially viable.

"Although it's been a bumpy ride, I have enjoyed every minute working with such an awesome group of people. The cycling industry is filled with inspirational, passionate people who love what they do and I have been so lucky to be a part of this. I am not sure what the future holds, but I am looking forward to my next adventure whatever that may be."

The Cycle Show website still states that interest can be registered for the 2024 event, between 19 and 21 April at the same venue as where "the UK's biggest cycling show celebrated its 20th anniversary in April, at the iconic London Ally Pally".

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