All Bike & eBike articles – Page 17
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ArticleAleck acquires crash helmet sensor manufacturer Tocsen
Aleck, a manufacturer of wireless audio and communication systems for outdoor sports, has acquired Tocsen, a German brand of smart crash sensors for bicycle, snow and riding helmets. Tocsen was established in 2019 by Alexander Schumacher, Andreas Botsch and Malte Buttjer after a close friend of theirs ...
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News briefsBike apparel brand Kitsbow to cease operations
Employee-owned U.S. cycling apparel brand Kitsbow announced that it will cease operations in April after failing to raise sufficient capital. According to CEO David Billstrom, a community funding round launched in November through the Wefunder platform raised only about half of the $1 million needed to continue the business. He ...
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News briefsScott and dVélos open the first Scott Reference Center in France
Scott Sports has partnered with French bike retailer dVélos to open the first Scott Reference Center in France. The new 310-sqm store is located in Épagny, in southeastern France. The store sells products from the Scott brand as well as other brands of the Scott Sports’ portfolio like Bergamont, Bold ...
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News briefsCapital infusion at Berria Bikes
Through its SC Growth Fund II, Suma Capital has taken a minority stake in the Spanish brand Berria Bikes, according to CMDsport. The infusion of €160 million is to help shore up the company’s structure and help it expand outside of Spain. Berria was founded in 2012 by the brothers ...
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ArticleIAA Mobility 2023 to offer bicycle test track in Munich's English Garden
During the IAA Mobility (Sept. 5-10 in Munich), the exhibitors will once again provide numerous different forms of mobility – from passenger cars to micromobility – for visitors to test. The clear focus will be on experiencing climate-neutral mobility. Cars can be driven in the city or on the highway, ...
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News briefsSigna Sports United plans to return to profitability in fiscal 2024
The sports e-commerce company Signa Sports United (SSU) is undergoing a strategic realignment assessment to generate long-term shareholder value that it intends to reveal at the end of Q2 but is projecting an ongoing challenging environment through the remainder of the FY due to inflationary pressures impacting both consumer sentiment ...
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ArticleNew Eurobike workshops on the subject of managing succession in retail
Since the average age of bicycle retailers is constantly rising and many shop owners do not know who will be able to take over the business in the future and what to look out for in the process, Eurobike (June 21 to 25 in Frankfurt) is offering the new formats ...
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News briefsStolen Goat parent company launches public crowdfunding campaign
Herd Group Holdings has gone publicly live with a crowdfunding campaign on Seedrs. U.K.-based Herd Group, headquartered in Hook, Hampshire, is the parent company to apparel brand Stolen Goat, bikepacking brand Wildcat and the women’s cycling clothing brand VeloVixen, which Herd Group acquired in February following the brand’s entry into ...
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ArticleGerman e-tailer Bergfreunde continues on record path in 2022
German e-commerce retailer for mountain sports, climbing and outdoor, Bergfreunde GmbH, has achieved record sales of €242 million in its 2022 fiscal year. Compared to the previous year, this is an increase of 19 percent. With this result, the online specialty retailer was able to stand its ground in a ...
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News briefsCanyon expands leadership team with financial expert
Source: Canyon Bicycles Karim Bohn German DTC company Canyon Bicycles GmbH has appointed industry newcomer Karim Bohn as its new chief financial officer. As a member of the executive leadership team, he will be responsible for the financial management of Canyon as well as all Canyon-owned companies ...
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ArticleCake enters China, collaborates with Shanghai manufacturer for 150,000 units
Cake, the Swedish manufacturer of premium lightweight electric motorcycles, has announced a major partnership with Shanghai-based bicycle manufacturer and retailer Shanghai Forever. The goal is to produce and sell 150,000 units in China over the next four years. Shanghai Forever was established in 1940 as one of the earliest bicycle ...
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ArticleRiese & Müller presents third responsibility report
Source: Riese & Müller ”On the Move” is the title of the third responsibility report of the German e-bike and cargobike manufacturer Riese & Müller GmbH. The report documents not only the company’s path to becoming the most sustainable company in the e-bike industry but also its ...
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News briefs“Mr. Trickstuff” hands over the reins to management team
Trickstuff owner and CEO Klaus Liedler has placed his duties as CEO in new hands, effective Feb. 28, 2023. A leadership team comprising Natalie Jerkovic, Lukas Mayer, Dennis Michaliszyn, Santé Pelot and Patrick Seifarth will be supported by Marcel Ratering as managing director and a project team from parent company ...
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News briefsAustria expands support initiative for climate-friendly mobility to folding bikes
The Austrian government is accelerating its offensive to promote more environmentally friendly mobility. Together with local sports retailers, the Austrian ministry of transport (BMK) has already sponsored the purchase of around 12,000 bicycles in Austria in 2022 (including more than 3,000 transport bikes with and without electric drive). For 2023, ...
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News briefsMAAP announces team hires across marketing and design
MAAP, the Melbourne-based cycling apparel specialist, has announced Ian Elliott as its new chief marketing officer. Elliott joins the company from Strava, where he served as senior director of global brand marketing and social impact. Prior to that, he held senior positions at Quiksilver and Bellroy. He also previously worked ...
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News briefsSigna Sports United expands North American presence with new Utah HQ
Signa Sports United’s (SSU) North American bike division announced the opening of its new corporate headquarters in Park City, Utah. The office will serve as a hub for SSU’s North American bicycle operations, enabling the company to better serve its growing customer and dealer base in the region and throughout ...
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News briefsSmith names bike marketing manager
Snow goggle, eyewear and helmet specialist Smith has appointed Jeremy Dunn as bike marketing manager. With over 15 years of experience in the bike and outdoor industries – from founding both a cycling magazine and a sock company to working at a variety of iconic cycling brands, including Rapha, Specialized, ...
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News briefsRocky Mountain buys its German distributor
The Canadian bike manufacturer Rocky Mountain has acquired the German distribution company BikeAction GmbH, based in Rodgau, with which it has been in partnership for over 30 years. By combining the two companies, Rocky Mountain wants to be able to “better serve, understand and support the market in Europe going ...
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News briefsCake enters partnership for Mexico, associated manufacturing for North America
Cake, the Swedish manufacturer of premium lightweight electric motorcycles, has announced a significant partnership with Mexican mobility leader Italika and Citio, a Mexican company offering the first battery swapping network in the country, for electric two-wheel transition and acceleration in Mexico. Italika, owning the majority of the Mexican motorcycle market, ...
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News briefsGarmont presents all-in-one shoe for biking and hiking
Source: Garmont Ride mode Garmont has unveiled the new 9.81 HI-RIDE, a hybrid shoe with a structure stiff enough to pedal efficiently but comfortable enough to walk in. Designed by the Veneto-based company for a previously unexplored market segment, the new shoe is meant to meet the ...
