Are Evans Cycles still trading?

Asked by: Emily Davis

Evans Cycles is a cycling specialist that is part of the Frasers Group (formerly Sports Direct). Mike Ashley’s acquisitive group bought the chain out of administration in October 2018 and said it would reduce the size of the 60-strong store network to return the business to profitability.

Is Evans Cycles owned by Halfords?

The firm was acquired by equity companies in 2008, entered administration in 2018, and was then purchased by Sports Direct (current Frasers Group).

Are Evans Cycles in trouble?

British bike retailer chain Evans Cycles is expected to cut more than 300 jobs at its 55 stores, bringing its workforces from 813 down to 475 employees, despite the pandemic bike boom that has given the bike industry unprecedented levels of demand.

Who bought out Evans Cycles?

Mike Ashley-owned Evans Cycles to axe 300 staff | Frasers Group | The Guardian.

Do Evans Cycles accept Halfords Cycle to Work vouchers?

There are quite a few suppliers including Cyclescheme, the Halfords Cycle2Work Scheme and the Evans cycles scheme. We accept vouchers from every scheme currently in the market so you are not tied to the retailer shown at the top of the voucher.

Is Evans Cycles owned by Sports Direct?

Bargain UK sports retailer Sports Direct has announced the purchase of Evans Cycles, in a move that saves the company from administration but could see as many of half of its UK stores close, putting hundreds of jobs on the line.

When did Sports Direct take over Evans Cycles?

2015

ECI Partners refinanced the business when it acquired the chain in 2015.

Can I return a bike to Evans Cycles?

For items purchased online, you can send them back for a full refund within 28 days, provided it has not been used or fitted, and is returned with any packa…

How do I get in touch with Evans Cycles?

Phone number: 01293 574900.

How long does Evans Cycles take to deliver?

How can we help you?

Can I buy 2 bikes on cycle to work scheme?

Can I get more than one bike? Yes! If you would like to get two bikes you certainly can – as long as they are both suitable and safe for you to ride, and your total doesn’t exceed your scheme’s maximum limit.

How much do you save on Bike to Work scheme?

How much can I save? With Ride-to-Work, you can get a tax-free bike, which for most people means they save a minimum of 33% of the cost.

Is cycle to work scheme worth it?

The Cycle to Work scheme also allows you to buy accessories alongside the bike and this is definitely something you should take advantage of. In fact, we reckon it is worth using the scheme to buy two bike locks, a good set of lights, a helmet and some high-quality bibshorts.

Do I own my bike after cycle to work scheme?

Because it was set up to promote work journeys rather than cycling in general, your employer technically remains the owner of the bike once you finish the hire period.

Does cycle to work cost the employer?

Does the scheme cost anything for an Employer to implement? The scheme is free of charge to set up and costs nothing to run. The Employer makes the initial purchase and then leases the bike/equipment to the Employee via a salary sacrifice, until the full amount is recovered.

Can I pay off my Cyclescheme early?

Yes. If you would like to conclude your Own it later agreement we can organise this via a one-off payment.

What happens at the end of Cyclescheme?

At the end of the ‘Own it later’ period, no further action or payment is required if you wish to keep the equipment – we simply retain your deposit and transfer ownership to you. Cyclescheme refunds the deposit if you do not wish to keep the equipment. Ownership doesn’t have to be expensive.

Is NHS on cycle to work scheme?

We encourage our staff to live healthy lifestyles and as part of this UCLH has signed up to the ‘Bikes for the NHS’ cycle to work scheme.