Bike industry turmoil continues as Forme bikes and Lake cycling shoes distributor enters liquidation

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Distributor of Forme bikes and Lake cycling shoes enters liquidation cycling

— the distributor for brands such as Tern Bicycles, Lake, Forme, ETC, Emmelle and MeThree — has entered liquidation.

Prominent active travel journalist Carlton Reid has since tweeted about the situation, saying:"Went last night. Staff meeting today at 10am. All redundant. 20 staff being kept in accounts and admin. Company cars being collected today."

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