All Bike & eBike articles – Page 21
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News briefsDesign & Innovation awards 2023 for bike and outdoor products presented
The Design & Innovation Awards have been presented since 2017 and describe themselves as the “Oscars of the bike and outdoor industry.” For the awards, an international jury tested and identified the most outstanding products and trends of the new season in San Vigilio, Italy. The companies honored include Deuter, ...
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News briefsParent company of Deuter, Ortovox & Co. has a new CFO
Source: Schwan-Stabilo Anke Buttler The Schwan-Stabilo Group, which owns the Ortovox, Gonso, Maier Sports and Deuter brands, announced that Anke Buttler has become the group’s new chief financial officer (CFO), joining CEO Sebastian Schwanhäußer as part of the group’s executive management team on Jan. 1. With a ...
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News briefsNorrøna acquires travel specialist and expands into international tourism
After acquiring the local tourism operator Hvitserk of Norway in 2020, Norrøna has now also acquired the global adventure tourism company Hvitserk & Eventyrreiser AS, which was founded in the 1970s. Hvitserk & Eventyrreiser offers trips to 50 countries all over the globe. Following the transaction, the company, now operating ...
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News briefsBicycle Association and Novuna partner to make bike purchases more affordable
The U.K.’s trade association for the bicycle industry, the Bicycle Association (BA), has entered into a new partnership with Novuna Consumer Finance, one of the U.K.’s leading retail finance providers. The partnership will enable all BA members and the more than 1,000 U.K. bicycle retailers participating in its Investors in ...
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News briefsDeuter achieves Fair Wear Leader status again
German brand Deuter has confirmed its leader status with the multi-stakeholder initiative Fair Wear Foundation for the tenth time in a row, reaching 94 of the maximum of 100 points possible. The yearly check-up validates the implementation of fair working conditions in a company’s supply chain. Besides the measures taken ...
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News briefsNew CEO for bike components manufacturer BC
Source: Bike-Components Dominic Land Dominic Land is the new CEO in charge of Bike-Components, the German online retailer of bicycles and bicycle parts, since Jan. 1. He has taken over from Philipp Simon. The succession of Simon has been in the works for some time in close ...
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News briefsE-com start-up Velio offers refurbished bikes and e-bikes, expands into Austria
In its online shop for refurbished bikes and e-bikes, German start-up Velio wants to offer a higher quality alternative to private used gear marketplaces. Velio sells secondhand bikes and e-bikes that are overhauled at the company’s workshop in Cologne. All bikes come with a 12-month guarantee and can also be ...
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News briefsRab supports educational initiative Xhow
Rab has entered a new partnership with the project Xhow, an educational initiative founded by mountain guides in 2006 that is active mainly in the Alps region. The project offers free training for skiers, bikers and climbers under the titles snowhow, climbhow and bikehow for children and teenagers as well ...
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News briefsThird generation of the founding family taking the helm at Merida
Source: Merida With Vansen Tseng, the third generation of the founding Tseng family takes the helm at Merida. On Jan. 13, Taiwan’s second-largest bicycle and e-bike manufacturer Merida announced that Vansen Tseng will assume the position of president, effective Feb. 1, 2023, following approval by the board ...
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News briefsNew GM at Ideal Bike Corporation
Following the resignation of Tim Lin as general manager of Ideal Bike Corporation, Taiwan’s third-largest bicycle and e-bike manufacturer, on Dec. 31, the company will now be led by Frank Chen, the former vice president of Ideal China. According to the company’s chairman Hermes Chang, Chen has already demonstrated his ...
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Article2022 bicycle stock chart development proves you can always do worse
Five are up, the majority are down. Compare your brand’s performance with our analysis of the 2022 bicycle stock market.
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News briefsSpecialized gets rid of 8 percent of its global workforce
Specialized CEO Scott Maguire officially announced on Jan. 11 that the company has laid off 8 percent of its employees worldwide. According to the U.S. bicycle company, the downsizing of the team is rooted in the global economy, which is changing faster than anticipated, and in rapid changes within cycling. ...
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News briefsDeuter donates €4,000 to EOCA biodiversity project
German company Deuter did not offer extra discounts during its “Green Week” (an initiative started as an alternative to Cyber Week). Instead, it started an initiative to donate 10 percent of sales from its online store to a project of the European Outdoor Conservation Association (EOCA). Now the brand has ...
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News briefsJebsen Group invests in Woom
Hong Kong-based Jebsen Group has invested in Austrian children’s bicycle supplier Woom. The Jebsen Group shares acquisition is via the family-run trading and logistics company’s investment arm, Jebsen Capital. While no information was given on the exact amount of the Woom minority stake Jebsen now holds, it was noted that ...
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News briefsCompanies of insolvent Prophete Group up for sale
Following the filing for insolvency in late 2022, the appointed preliminary insolvency administrator Manuel Sack of law firm Brinkmann & Partner (B&P) has initiated “a structured international investor process with the approval of the preliminary creditors’ committee” for the Prophete Group. This means that the operational business activities of the ...
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News briefsKitsbow launches second-hand online store in the U.S.
U.S. cycling apparel brand Kitsbow has launched the “Kitsbow Experience Apparel” retail store for used Kitsbow apparel through its DTC online store, where U.S. Kitsbow customers can sell their previously purchased Kitsbow gear. To use the site, sellers pay the company 10 percent of the sale price. Kitsbow alternatively offers ...
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News briefsBell’s Andrea Pankow joins PeopleForBikes board of directors
Andrea Pankow, vice president and GM of Vista Outdoor’s Bell Helmets, Raskullz and Krash brands, has been appointed to the PeopleForBikes Coalition board of directors. Pankow has held numerous positions since joining Bell in 2006, when the company was still known as Easton-Bell Sports. PeopleForBikes is the U.S.-based organization that ...
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News briefsAdidas opens first Terrex store in Canada
Source: Adidas Canada The new Kitsilano Terrex store in Vancouver, BC, Canada On Dec. 26, Adidas officially opened its first Canadian Terrex store in Vancouver’s outdoor hub, Kitsilano, at 2235 W 4th Ave. The company said that the assortment of apparel, footwear and accessories in the new ...
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ArticleGerman bicycle manufacturer Prophete files for insolvency proceedings
On Dec. 20, the renowned German bicycle manufacturer Prophete GmbH & Co. KG filed a petition to open insolvency proceedings (file number 43 IN 777/22). The court appointed Manuel Sack of nationwide law firm Brinkmann & Partner as Prophete’s provisional insolvency administrator. Between Dec. 20 and 23, the following entities ...
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ArticleTrial phase of the new Bike24 logistics center for southern Europe underway
Before the end of the year, the new logistics center of the German cycling, running and swimming sports online retailer Bike24 Holding AG started its pilot run in Barcelona. The first test packages have already been shipped. This means that the second logistics center of the “leading e-commerce platform for ...
