Tag: Blackcircles

Mike Welch launches new property investment fund

Wednesday 3rd January 2018 | 0 Comments

Full Circle Partners, the investment advisory firm co-founded by Blackcircles.com founder Mike Welch has launched a new property fund. FCP Property Development Fund will provide loans ranging from £250,000 to £2.5 million. It has reportedly already invested approximately £6 million and could raise that to £20 million in the next year or so.

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Capitalising on the New Year trend for winter tyres

Capitalising on the New Year trend for winter tyres

Thursday 21st December 2017 | 0 Comments

As reported at the start of the month, an eBay tyre fitting service is now available in the UK in partnership with Blackcircles.com. The service was launched at the time of the year when the days grow shorter and motorists should prepare their vehicles, particularly their tyres, for winter roads. Kevin Steward, head of sales, Vehicle Parts & Accessories, UK Trading at eBay, has written the following tips for tyre sellers hoping to capitalise on this season’s winter tyre market.

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eBay launches UK tyre Installation service

Friday 1st December 2017 | 0 Comments

The tyre fitting partnership between eBay and Blackcircles.com trialled in 2016 is back. Promoted as a “fitting option for seamless tyre buying experience,” the new arrangement allows for the fitment of more than 10,000 unique tyre products purchased via the ebay.co.uk site at one of more than Blackcircles 1,200 partner locations throughout the country.

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Blackcircles founder appointed strategic advisor at US online tyre retailer

Blackcircles founder appointed strategic advisor at US online tyre retailer

Wednesday 2nd August 2017 | 0 Comments

Mike Welch, the founder of UK online tyre retail website Blackcircles.com, has been appointed to the board of US online tyre retailer SimpleTire. Welch has taken up the position of strategic advisor for the company, which sources inventory from independent suppliers and ships to the customer’s chosen location.

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Michelin launches Click2Sell website solution to tyre dealerships

Michelin launches Click2Sell website solution to tyre dealerships

Thursday 23rd March 2017 | 0 Comments

Michelin has launched Click2Sell – a website solution the company refers to as “a flexible ‘website in a box’ that helps dealers build their online presence and attract new customers with ease”. While wholesalers have done similar things, Click2Sell is believed to be the only tyre manufacturer-backed website-building package to allow dealerships in the UK and Ireland the freedom to promote their chosen tyre range online. And, what’s more, the range can be either primarily Michelin tyres or a premium competitor. Click2Sell is open to any dealership.

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Blackcircles looking to enter Asia Pacific markets

Monday 23rd January 2017 | 0 Comments

Mike Welch’s global aspirations for Blackcircles.com pre-date the Scottish company’s acquisition by Michelin, however the tyre maker has provided a platform for expansion, and over the coming year Blackcircles will work towards establishing a presence on the other side of the world. Speaking with The Scotsman, the founder and chief executive officer shared that consumers in Asia Pacific will soon get to know the Blackcircles way of buying tyres.

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ATS Euromaster and Blackcircles open second Pit Stop centre at Lakeside

ATS Euromaster and Blackcircles open second Pit Stop centre at Lakeside

Monday 26th September 2016 | 0 Comments

ATS Euromaster, in partnership with Blackcircles, has opened its second quick tyre change facility at the Lakeside Shopping Centre in Essex, following the success of the first Pit Stop location in Cambridge.

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Mike Welch an honorary doctor of enterprise

Wednesday 13th July 2016 | 0 Comments

Edinburgh Napier University has made Blackcircles founder Mike Welch an honorary doctor of enterprise at a ceremony held in Edinburgh’s Usher Hall on 7 July.

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Tyre consumers increasingly choosing ‘click and fit’

Tyre consumers increasingly choosing ‘click and fit’

Tuesday 21st June 2016 | 0 Comments

Blackcircles.com, the UK’s leading online tyre retailer, reported a steep increase in sales from new customers during June. According to the company, this includes 80 per cent who have never previously bought tyres online. The metrics indicate that tyre retailing, which has traditionally lagged online adoption in other sectors like banking and travel, is going through something of a transformation.

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Mike Welch on Michelin takeover, Blackcircles’ growth and expectations

Mike Welch on Michelin takeover, Blackcircles’ growth and expectations

Monday 7th December 2015 | 0 Comments

With Michelin buying a stake in Allopneus as well as the complete Blackcircles business in the Spring; and with Apollo purchasing Reifen.com in November, it is fair to say we witnessed a trend towards manufacturer investment in online tyre businesses this year. Dig a little deeper and we are beginning to learn more about how tyre manufacturers are approaching this unavoidably important strategic area. With 2015 being something of a landmark year in this respect, Tyres & Accessories met with Blackcircles founder and managing director Mike Welch in Edinburgh to find out more.

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Independent tyre distributors building ships for choppy waters ahead

Independent tyre distributors building ships for choppy waters ahead

Monday 12th October 2015 | 0 Comments

In October 2014’s Wholesale feature, Tyres & Accessories asked whether Europe’s independent tyre wholesalers still have a future in the context of the German company Ihle Baden Baden’s failure and subsequent sale to Michelin. Pointing to the lightening of the business due to such factors as the price transparency offered by e-commerce (and online marketing) we wondered whether the value of the relationship between customers and their suppliers had become more tenuous, relying only on price and reliability of deliveries. Should these two considerations become the only weapons in a wholesaler’s arsenal, T&A suggested that their role becomes more akin to a specialised freight forwarder.

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First Stop appoints former retailer, Blackcircles.com area network manager

First Stop appoints former retailer, Blackcircles.com area network manager

Tuesday 7th July 2015 | 0 Comments

First Stop has acquired the services of a new retail business consultant from the fast fit industry. A former retail business manager, and Blackcircles.com area network manager, Dave Hull will play a key role in the company’s attempts to expand, while also stimulating sales from existing First Stop partners, the network stated.

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Micheldever’s TyreClick to support independents’ online competitiveness

Micheldever’s TyreClick to support independents’ online competitiveness

Thursday 21st May 2015 | 0 Comments

In the context of large chains and online specialists growing in influence, Micheldever Tyre Services (MTS), Britain’s largest independent wholesaler, distributor and retailer of tyres, states that its proprietary TyreClick solution could provide an answer for independent garage businesses. The increasing popularity of online tyre sales in European markets, recently noted by Michelin after purchasing Blackcircles.com, is resulting in increased competition for online sales from national chains and specialist internet traders. Recent movement in the online landscape has ignited the debate among independents about how they can compete, and Micheldever says it is stepping into the breach with TyreClick.

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Michelin to capitalise on Blackcircles.com, ATS Euromaster ‘synergies’

Michelin to capitalise on Blackcircles.com, ATS Euromaster ‘synergies’

Thursday 7th May 2015 | 0 Comments

Michelin chief operating officer, Florent Menegaux told Tyres & Accessories that the manufacturer would promote synergies with ATS Euromaster following its acquisition of Blackcircles.com. Speaking to Tyrepress following the announcement of its £50 million purchase, Michelin’s chief operating officer said that the UK’s biggest online tyre retail operation would gain “access to ATS Euromaster branches in the UK”, which numbered 343 in the recent T&A survey of the retail landscape.

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Michelin buys Blackcircles.com for £50 million

Michelin buys Blackcircles.com for £50 million

Wednesday 6th May 2015 | 0 Comments

Michelin has bought Blackcircles.com, the number one internet tyre sales company in the United Kingdom, for £50 million. Based in Edinburgh, Blackcircles.com generated £28 million in revenue in 2013. Run by Mike Welch, its founder, Blackcircles.com has enjoyed growth of around 20 per cent per annum since 2008. The company reports that the first quarter of 2015 saw the company achieve revenues 34 per cent higher than Q1 2014.

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