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by Shane Stokes
April 19, 2018
Alaphilippe wins Flèche Wallonne; A fourth win for Anna van der Breggen at Flèche Wallonne; O’Connor wins stage 3 of Tour of the Alps with solo break; Grosu wins stage 2 of the Tour of Croatia; Cavendish to make return from injury at Tour of Yorkshire; Another Belgian rider plus a triathlete die suddenly; Cane Creek release fourth generation of eeBrakes, the G4; FloBikes.com acquires rights to livestream Giro d’Italia and other WorldTour races in North America; Scott Bicycles alerts consumers to fraudulent websites; ‘Two year rollercoaster at Chain Reaction Cycles”; Video: Le Coq sportif – when history inspires the present
A whistleblower from inside Chain Reaction Cycles, a large online retailer based in Northern Ireland, claimed that the company has been in disarray since it was merged with competitor Wiggle in 2016.
BikeBiz obtained an email from the whistleblower, which describes a “a two-year rollercoaster of lies and deceit” from the company’s middle and upper management.
Wiggle and Chain Reaction are owned by Bridgepoint Capital, and the whistleblower claims that the merger of the two online cycling stores has resulted in excessive redundancies and vulnerable workers losing their jobs because they can’t match new shift schedules.
The whistleblower claims that it is Bridgepoint’s goal to gut Chain Reaction to the extent that it can justify moving its operations to the UK mainland, where Wiggle is based.
Click through to read the whole story at BikeBiz.