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The Business of Cycling

The Business of Cycling

Wyatt Wees 89 Episodes Oct 3, 2026

The Business of Cycling podcast takes you inside the cycling world from the perspective of those that work in the sector. Hear from passionate entrepreneurs and professionals from brands, teams, and bike shops. The show also features a blog and newsletter for additional insights.

Episodes

What Happened To Rapha? An Industry Expert & Brand Strategist Break It Down
What Happened To Rapha? An Industry Expert & Brand Strategist Break It Down Oct 3, 2026 1931 Rapha's CEO Fran Miller is out after two years, and the brand that once rewrote the rules of cycling apparel is facing a hard reckoning. In this episode, we talk with two guests about how Rapha got here and whether it can turn things around.First up is industry expert Juansi Vivo. He walks through the red flags: falling revenue, growing losses, CEO turnover and the £200M Walton acquisition. He arg
Inside the Largest Cycling E-Commerce in the US: Lessons with Brett Sullivan of Backcountry & Competitive Cyclist
Inside the Largest Cycling E-Commerce in the US: Lessons with Brett Sullivan of Backcountry & Competitive Cyclist Sep 28, 2026 2583 Brett Sullivan is the VP of Merchandising at Backcountry and Competitive Cyclist, the largest cycling e-commerce business in the US. Brett started as a mechanic in their bike shop 14 years ago. We talk about what really drives demand today and why customers from paid ads are fragile. He explains how their Gearhead service turns first-time buyers into loyal ones, how they came through the post-COVI
Mips’ Winning Formula: Structure, Focus, Discipline & The Power Of Saying No
Mips’ Winning Formula: Structure, Focus, Discipline & The Power Of Saying No Sep 14, 2026 2201 Max Strandvitz became CEO of Mips just months before COVID hit — inheriting a company that had come close to bankruptcy multiple times before finding its footing. In this episode, he unpacks the philosophy that took Mips from survival mode to 11 consecutive quarters of growth in bike: structure, focus, and discipline. Max explains why Mips turns down far more opportunities than it pursues — includ
Ingredient Branding Done Right: How German Stubbornness Turned a Cello Hack Into a Global Brand
Ingredient Branding Done Right: How German Stubbornness Turned a Cello Hack Into a Global Brand Aug 31, 2026 1796 Every time you snap a magnetic buckle on a bike helmet, a school backpack, or a water bottle cage, there's a good chance it's a Fidlock. What started as a teenager's scrapyard fix for a cello case has grown into a company with twelve hundred patents, a hundred and thirty employees, and products moving in the millions — from Nike gear to car interiors.Joachim Fiedler joined me at Eurobike 2026 to t
Strategy or Opportunity? Lessons in Cycling Branding from Assos, Giro, Knog & Whyte
Strategy or Opportunity? Lessons in Cycling Branding from Assos, Giro, Knog & Whyte Aug 4, 2026 1501 In this special "best-of" episode, we revisit some of the most compelling conversations on branding from the past year. Featuring clips from Claire Deschamps (Assos), Hugo Davidson (Knog), Greg Shapleigh (Giro/Highbar), and Nikki Hawes (Whyte Bikes), this roundup dives into what actually makes a cycling brand resonate — from turning community into your most authentic storyteller, to standing out i
Inside a $3.5B Company's Bicycle Ambitions with Gates GM Chris Sugai
Inside a $3.5B Company's Bicycle Ambitions with Gates GM Chris Sugai Jul 20, 2026 1845 I sat down with Chris Sugai, General Manager of Gates Corporation's Mobility Unit — and the founder of Niner Bikes, where he championed 29" wheels back when they were less than 1% of the market. Now he's doing it again, this time with belt drives.We talked about:The uncanny parallel between the resistance he faced pushing 29ers in the early 2000s and the skepticism belt drives face today — almost
Who Is Kenda? Inside the Taiwanese Tire Juggernaut with VP Eric Yang
Who Is Kenda? Inside the Taiwanese Tire Juggernaut with VP Eric Yang Jun 29, 2026 2197 If you've ridden a mountain bike in the last 25 years, chances are you've rolled on Kenda — whether you knew it or not. The Taiwanese tire maker produces close to 70% of the aftermarket tubes sold in the US.This week I'm joined by Eric Yang, VP of Business Development at Kenda USA and grandson of the company's founder. Born and raised in Ohio after his father moved to open Kenda's US headquarters,
Crisis, Leverage, and the Death of the Hockey Stick: Whyte CEO Nikki Hawyes on Surviving the PE Cycle
Crisis, Leverage, and the Death of the Hockey Stick: Whyte CEO Nikki Hawyes on Surviving the PE Cycle Jun 15, 2026 4149 Nikki Hawyes is one of the most private-equity-experienced executives in cycling. Across three PE-backed businesses—Fisher, Zyro Fisher, and now Whyte Bikes—she's lived through every phase of the cycle: rapid growth, near-administration crisis, secondary buyouts, and exits. In this episode she shares a refreshingly candid view of what actually works when private equity meets the bike business: why
Behind the Curtain at QBP - America's Biggest Cycling Distributor
Behind the Curtain at QBP - America's Biggest Cycling Distributor Jun 1, 2026 2087 Joe Benedict, Vice President of Category Management at Quality Bicycle Products (QBP), pulls back the curtain on America's largest cycling distributor.With 5,500 retailers served nationwide and over 45,000 products in their portfolio, QBP sits at the center of the US cycling supply chain — yet remains largely invisible to the outside world. Joe breaks down how QBP actually operates, from their cat
Beyond the Hangtag: The Untapped Power of Ingredient Branding
Beyond the Hangtag: The Untapped Power of Ingredient Branding May 18, 2026 2950 Recorded live at Performance Days 2026 in Munich, this panel brought together three of the most influential ingredient brands in performance apparel — Polartec (Eric Yung), Elastic Interface (Gianluca Pellicciari), and Polygiene (Eva Doll) — alongside the design leads at Albion (Graham Raeburn) and Santini (Fergus Niland) to unpack a relationship the cycling industry rarely talks about openly: the
The Unraveling of Accell: What Went Wrong and What's Next
The Unraveling of Accell: What Went Wrong and What's Next May 11, 2026 2613 In this episode, Sam Nicols returns to The Business of Cycling to break down one of the most consequential — and arguably under-reported — stories in the industry right now: the unraveling of Accell. Sam, who serves on the board of Propain Bikes and previously led YT Industries through the post-COVID downturn, brings a rare combination of operator experience and acquisition insight to the conversa
The Finnish Component Brand that Cracked the Code on European Cycling Manufacturing
The Finnish Component Brand that Cracked the Code on European Cycling Manufacturing May 4, 2026 2289 Herrmans Bike Components is a 67-year-old Finnish manufacturer most cyclists have never heard of — even though their grips, lights, and rim tape are quietly riding on bikes across Europe. Built on decades of OEM work for some of the biggest e-bike brands, Hermans operates a highly automated factory on Finland's west coast that competes head-on with Asian suppliers on price, lead time, and service.

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