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

Cycling in an urban setting
(Image credit: Future)

The cycling industry may have experienced one of its most turbulent periods in recent history, but it still represents a great opportunity for investment, according to one business expert. 

After the UK cycling boom during the global pandemic, the post-Covid period has seen brands suffer major losses or go out of business, bike shops hit by the subsequent cost of living crisis, and other areas of the industry affected. 

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Tom Thewlis

Tom has been writing for Cycling Weekly since 2022 and his news stories, rider interviews and features appear both online and in the magazine. 

Since joining the team, he has reported from some of professional cycling's biggest races and events including the Tour de France and the World Championships in Glasgow. He has also covered races elsewhere across the world. 

As well as on the ground reporting, Tom writes race reports from the men's and women's WorldTour and helps with coverage of UK domestic cycling.