Interesting times
Wonder if that includes Chain Reaction?
Don’t know if this is a good or a bad thing?
Recently found Wiggle a bit fierce on price recently.
I think I read a while ago that Wiggle’s owners were looking for a buyer.
and yes, it will include CRC which is a fully owned sub of Wiggle
It’s going to be very confusing if I have to decide to buy my bike bits from Signa Sports or Sigma Sports
For me the confusion will be with
Already confusing enough because Sigma Sport had to change its’ name to Sigma Sports to avoid confusion with the German bike computer manufacturer
From £500 million to £3 million .
Quite a lot of money for a domain name and warehouse full of tat, maybe it was for the haribo
Given he already owns a warehouse and delivery infrastructure 3m is absolute peanuts for the amount of brand equity Wiggle had.
Straight out of the Ashley playbook - buy the name and IP, cheapen the brand and sell tat which fools people into thinking they are still buying quality.
Viz: Karrimor, Slazenger, Everlast, Donnay etc and more recently Evans Cycles and Wiggle