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Cycling Weekly
Cycling Weekly
Sport
Rob Spedding

Major online UK cycling retailer to close, according to reports

THG United Kingdom BusinessLive
Probikekit screengrab

In a year that risks turning into an annus horribilis for the cycling industry, it is being reported that UK-based online retailer ProBikeKit (PBK) is set to close. According to BusinessLive, PBK is shutting following a review by its parent company THG. 

On Tuesday, April 4, the Manchester-based e-commerce giant reportedly informed its staff that 180 jobs at THG Studios were at risk, following the closure of its OnDemand division. At the same time BusinessLive reported that PBK, which THG bought in 2013, was also set to close.

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