The Electric Bike Shop has introduced the acquisition of London bike retailer Flag Bikes.
The retailer, situated at 324 Battersea Park Road, SW11 3BX, initially opened in 2014 and was named as one in every of Britain’s Best Bike Shops by the readers of Cycling Weekly in 2017.
The retailer formally reopened as The Electric Bike Shop Battersea on Friday fifth August, bringing 4 jobs to the world. The retailer mentioned will probably be promoting a improbable vary of electrical bikes and e-cargo bikes from main manufacturers and addressing the servicing wants of all native cyclists inside its workshop.
The Electric Bike Shop CEO Karl Haden mentioned: “The e-bike sector is the fastest growing part of the UK bike industry and London holds the lion’s share of this emerging market. We‘re therefore delighted to announce the acquisition of one of London’s most acclaimed bike stores in order to jump-start our expansion into this important market.”
The store itself is in a quickly rising space with a substantial amount of native developmen on its doorstep, mentioned Haden. The space boasts two new tube stations at Nine Elms and Battersea energy station, and the CS8 (biking superhighway), one of many foremost biking commuter routes into the town centre, runs straight previous the store.
This is the retailer’s ninth retailer UK-broad and its first within the capital. “We can think of no better place to enter London the market and introduce our brand to a new audience,” added Haden.
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The Electric Bike Shop final week introduced that it’s taking up 4 Pure Electric shops, in Southampton, Gateshead, Cardiff and Glasgow. All colleagues at these websites can be supplied a possibility to retain their job.
In early July, retailer Pure Electric introduced it was placing all its focus into worldwide enlargement of its branded e-scooter enterprise through pureelectric.com and third social gathering companions. As a outcome, it might be exiting from the e-bike market and shutting nearly all of its UK shops.