A Mike Ashley takeover of WiggleCRC would be a "real concern" for the bike industry, a leading retailer has said, as the future of the brand remains in doubt. Others have said that Frasers Group acquiring the stricken firm makes sense, judging by its previous business practices.
Last week, sources revealed to Cycling Weekly that WiggleCRC had now made nearly every member of staff redundant after entering administration last year.
