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Evans Cycles saved from the scrap heap by Sports Direct owner Mike Ashley

Sports Direct owner Mike Ashley who also owns Newcastle United FC and other big high street names has now bought and saved Evans Cycles.

Screenshot 2018-10-30 at 8.24.20 PM

Image: Google Maps

Evans Cycles were in big financial trouble and was heading for full store closures and the end of one of the most well-known cycle stores the UK has ever had.

Ashley saved it however it is thought 50% of Evans stores will have to close putting well over 1000 workers out of a job.

Trafford has an Evans Cycles store near the Trafford Centre, it is not yet known what stores are closing.

We will have an update in the next couple of days with information on store closures fingers crossed the Trafford one remains open.

 

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