Temple Cycles to close after 12 years, four years after £1.35m crowdfunding
Bristol steel bike brand Temple Cycles is closing its shop and ending bike manufacturing after 12 years. Founder Matt Mears told investors he does not expect to return the £1.35 million raised from over 1,200 investors in 2022, citing rising costs, Brexit export barriers and industry discounting.
- Temple Cycles to close after 12 years in businessEscape-Collective2 days ago
- "An exceptionally difficult time to run a bicycle business” – British brand Temple Cycles closesBikeRadar News2 days ago