Wiggle and Chain Reaction Cycles sites back online after Frasers Group takeover
The two brands have relaunched after a week off, with slightly different branding
The websites of Wiggle and Chain Reaction Cycles are back online, the week after the two brands were officially announced as part of Mike Ashley's Frasers Group.
On Tuesday morning, both websites appeared fully operational, although many product images are missing, and Wiggle has returned to its old orange branding.
In a press release sent out last Friday afternoon, Frasers Group confirmed reports that it had purchased the brands and intellectual property. It followed both Wiggle and Chain Reaction's websites going down last week, after its parent company, WiggleCRC went into administration last year, towards liquidation, and with some parts of the business being taken over.
Now, both Wiggle and CRC are back online. Alongside the pair's in-house brands such as dhb, Lifeline, and Brand X are those stocked by Frasers Group's other shops, Evans Cycles and Sports Direct. Therefore Pinnacle and Muddy Fox are both available across the platforms, as well as Cannondale and Adidas. There is currently no evidence of Vitus, WiggleCRC's own bike brand.
The brands and the intellectual property were purchased for less than £10 million this month, with the retailer axing almost all staff - approximately 450.
"Wiggle and Chain Reaction are well established names among riders in the UK and across Europe and the acquisition of both brands is consistent with our ambition to become the no.1 Sporting Goods retailer in Europe," Russell Merry, the managing director of "Wheels" for Frasers Group, said in last Friday's press release.
"It also brings with it the opportunity to work with respected partners through the highly admired, award-winning product lines that Wiggle and Chain Reaction had built. We are excited to explore partnerships with suppliers or distributors looking to expand their offering or an organisation looking to get a foothold in the market by leveraging some established names."
Get The Leadout Newsletter
The latest race content, interviews, features, reviews and expert buying guides, direct to your inbox!
Most of Wiggle's own-brand products, like dhb, do not have product images added yet, and most are only "available from 4th April". Meanwhile, other products from non in-house brands seem readily available. Products ordered can be collected from Evans Cycles stores, evidence of the brands already working together.
It is unclear why Wiggle has been re-branded back to its old orange logo, after a year of its new green look, but Chain Reaction Cycles appears to have kept the same branding.
Frasers Group acquired high street and online retailer Evans Cycles in 2018, for £8 million. In 2021, Evans made over 300 staff members redundant as well as adding the remaining employees to zero-hour contracts.
In 2023, Frasers Group took control of cycling retailer, ProBikeKit, and also agreed to purchase German chain SportScheck, a subsidiary of WiggleCRC's parent company SSU.
Thank you for reading 20 articles this month* Join now for unlimited access
Enjoy your first month for just £1 / $1 / €1
*Read 5 free articles per month without a subscription
Join now for unlimited access
Try first month for just £1 / $1 / €1
Adam is Cycling Weekly’s news editor – his greatest love is road racing but as long as he is cycling, he's happy. Before joining CW in 2021 he spent two years writing for Procycling. He's usually out and about on the roads of Bristol and its surrounds.
Before cycling took over his professional life, he covered ecclesiastical matters at the world’s largest Anglican newspaper and politics at Business Insider. Don't ask how that is related to riding bikes.
-
'With a few changes, it'll be class' - Josh Tarling optimistic about Ineos Grenadiers future
'Everybody wants to get better and get back to winning,' 20-year-old tells audience at Rouleur Live
By Tom Davidson Published
-
'Knowing the course in a virtual race is maybe even more important than in road racing': Former e-sports World Champion's top tips
Speed skater turned eSports world champion, Loes Adegeest, on how to become virtually unbeatable when racing indoors
By Chris Marshall-Bell Published
-
Wiggle sale revealed to be £3m to second-best Frasers Group
Business tycoon Mike Ashley scooped up intellectual property after initial deal fell through
By Tom Davidson Published
-
Cycling industry still 'appealing' to investors, despite turbulent post-Covid period
Brands suffered losses, bike shops closed and other areas of sector hit after pandemic, but industry should still be attractive
By Tom Thewlis Published
-
Wiggle and Chain Reaction websites to be relaunched by Mike Ashley's Frasers Group
"Relaunch" set to take place next week, after Frasers Group acquired the brands
By Adam Becket Published
-
Is this the end for Wiggle and Chain Reaction after 'holding page' displayed on website?
Holding pages present on both websites, with remaining orders set to be fulfilled in 7-10 days
By Adam Becket Published
-
Is it safe to buy from Wiggle as liquidation nears?
Consumer law expert recommends only buying products from retailer that you’ve used before and were satisfied with as liquidators officially appointed by parent company
By Tom Thewlis Published
-
What the story of Evans Cycles can tell us about the future of Wiggle
After being bought by Frasers Group, are the woes of Wiggle Chain Reaction Cycles over?
By Tom Davidson Published
-
Would a Mike Ashley takeover of Wiggle be a ‘concern to the cycle industry’ or a ‘careful bit of business’? - Insiders weigh in as redundancies lead to trade brain drain
Struggling retailer has now axed nearly every member of staff after going into administration last year
By Tom Thewlis Published
-
The company has 'finally hit rock bottom' – WiggleCRC axes almost every member of staff
Mass redundancies understood to have taken place at struggling retailer
By Tom Davidson Published