All Bike & eBike articles – Page 19
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ArticleDespite sales decline in first three quarters, Ideal reports reduced loss
Despite a sharp revenue decline, the Taiwanese bicycle manufacturer cuts losses significantly, showing resilience after 2023’s major customer insolvencies.
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News briefsMerida reports Q3 sales growth but profit decline
Taiwan’s second-largest bicycle manufacturer sees revenue growth despite profit setbacks, navigating challenging global market conditions with resilience.
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News briefsProxy firms back Vista Outdoor’s CSG deal
Leading proxy advisors ISS and Glass Lewis endorse Vista Outdoor’s $2.225bn sale of The Kinetic Group to Czechoslovak Group.
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News briefsJack Wolfskin remains in turnaround mode
Topgolf Callaway is restructuring the outdoor brand’s cost base and product strategy, with improving sell-throughs and strong performance in China.
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News briefsRevo Partners with Sporty Outdoor for Nordic Expansion
The US-based eyewear brand partners with the Nordic distributor to expand regional reach.
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ArticleGiant Group's results still affected by high inventories
The Taiwanese group is facing a decline in sales and challenges in the market in the first three quarters despite strong growth in China and new indoor cycling ventures.
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OpinionMark Held: OutDoor – a time for decisions
This message by Mark Held, former EOG President, urges the outdoor industry to embrace OutDoor’s revamped model, which offers new, cost-effective opportunities.
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ArticleThule Group acquires Quad Lock
The Swedish group expands its portfolio with the strategic acquisition of the Australian phone mount specialist.
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News briefsCastelli launches Ultra Rain Cape for cyclists
The new cycling rain cape made with Polartec Power Shield RPM offers superior weather protection, breathability and packability.
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News briefsNew cycling shoes with Boa Fit
The German brand Canyon’s new collection of cycling shoes features the Li2 adjustment system.
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ArticleBike24 sees modest Q3 growth, maintains 2024 forecast
The e-tailer posted 2.9% Q3 revenue growth, driven by strong bike sales and strategic pricing, while focusing on profitability in a challenging market.
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ArticleAccell Group secures creditor support for recapitalization
The company’s creditors approved the restructuring plan, paving the way for recapitalization implementation.
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ArticleUSWE reports improved earnings in Q2 despite sales challenges
The Swedish hydration gear specialist shows resilience with improved Ebitda and expanded distribution network despite slight revenue decline.
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News briefsJack Wolfskin expands UK partnership with Bleubird
The German outdoor brand strengthens its UK presence through a new agreement with a regional distributor to support independent retailers.
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ArticleFox Factory bicycle product sales on the rise again
The acquisition of Marucci Sports has impressively increased the sales of the suspension expert’s Sports Specialty Sports Group in Q3, despite a downward trend in the other segments.
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ArticleBicycle industry vet estimates pedelec motor manufacturers’ market shares
German expert Ernst Brust shares his insights on the German, European and global pedelec motor markets, highlighting Bosch, Shimano and Bafang’s key roles.
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ArticleBicycle manufacturers’ octet presents the industry with Climate Action Training
Eight cycling companies unite to launch free Climate Action Training, empowering the industry to cut CO2 emissions in global supply chains.
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ArticleIn Q3 2024, land will be in sight again for Leatt
The South African company sees hope in Q3 2024, reporting a slight revenue rise and inventory stability despite a 75% profit drop, and is optimistic about a future rebound.
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ArticleWeak demand impacts Shimano’s nine-month results
The leading bike parts maker faces demand challenges, seeing a 30% drop in operating income and an 11% revenue decline amid economic headwinds worldwide.
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ArticleCycling helmet market to rise at a CAGR of 5.5% to 2029
Market growth in recent years has been driven by a surge in cycling as a sustainable mode of transportation, coupled with increasing awareness among cyclists of the importance of safety.
