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Chain Reaction Cycles announces closing of flagship Belfast store

The ripples of WiggleCRC entering administration continue, with the company launching an ‘everything must go’ sale at the store

Northern irelandUnited kingdomChris watsonWendy houvenaghelBalmoral plazaJanice watsonChain reaction cyclesBoucher roadReaction cyclesBallynure cyclesChain reactionNorthern irishBerlin based signa sports unitedHotlines europe

Wiggle Chain Reaction s sales process launched by administrators, with considerable interest shown by potential buyers

The sale process is expected to gather pace rapidly, as Hotlines, also owned by WiggleCRC’s parent company, has also entered administration

United kingdomAlastair masseyGraham stapletonGeorge bowieSigna holdingYork stock exchangeNew york stock exchangeWiggle chain reactionHotlines europeBerlin based signa sports unitedJoint administratorSigna sports

Frasers Group reportedly mulling bid for Wiggle after online retailer enters administration

Mike Ashley’s business already has presence in cycling market through Evans Cycles and ProBikeKit

United kingdomTony wrightMike ashleyMichael murrayMapil midcoAlastair masseyFrasers groupChain reaction cyclesHotlines europeHouse of fraserCompetition markets authorityYork stock exchangeChain reaction cycles retailSigna holdingSports directEvans cycles

Wiggle up for sale with Chain Reaction heading for administration

Administrators revealed through Wiggle s website and in The London Gazette

United kingdomCity ofMapil midcoAnthony john wrightStan portusChris kingAlastair rex masseySigna holdingsChain reaction cycles retailHotlines europeWiggle limitedLondon gazetteChain reactionSigna sports unitedEquity commitmentJoint administrators

Wiggle Chain Reaction put up for sale by administrators, as expert warns collapse is just the start of big changes across bike industry

The retail giant, whose parent company found out last week that it can no longer rely on €150 million of previously committed funding, has said all orders “will continue to be delivered as usual”

United statesUnited kingdomAlastair masseyMapil midcoTony wrightAnthony john wrightRory hitchensAlastair rex masseyBicycle associationChain reaction cyclesHotlines europeChain reaction cycles retailWiggle chain reactionWiggle limitedChain reactionJoint administrators

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