All Bike & eBike articles – Page 5
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News briefsNegele to handle POC’s sales in Switzerland
Source: POC Jessica Negele Jessica Negele, previously head of sales activities in Germany, has additionally taken over the position of Country Manager Switzerland for POC, the Swedish manufacturer of ski and cycling helmets, goggles, protection and apparel, on Jan. 1. She has been with the company since ...
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News briefsMajority shareholder Youngone grants short-term loan to Scott Sports Group
The South Korean manufacturer of outdoor clothing and outdoor products Youngone Corporation is granting its Swiss bicycle and winter sports affiliate Scott Sports SA a temporary loan of 150 million Swiss francs (€160.6m). Following the purchase of a 20 percent stake in its long-term business partner Scott Sports Group, which ...
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ArticleMondraker opens US branch in Colorado
Spanish premium off-road bicycle brand Mondraker announced the opening of a subsidiary in the USA at the beginning of the year. The new Mondraker-USA office is located in Boulder, Colorado. The official inauguration of the new offices and warehouse, as well as the customer and technical service areas, will be ...
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ArticleIcletta returns DACH distribution and assembly to Ice Trikes
Over 15 years ago, the German company Icletta GmbH began exclusively distributing the British recumbent trike manufacturer Inspired Cycle Engineering (Ice Trikes) in the DACH region. The two companies have now jointly decided to gradually relocate on-site assembly, which Icletta previously carried out at its headquarters in Weiterstadt, Germany, to ...
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News briefsBritish Cycling partners with Ice Trikes to support para-cycling
British Cycling has announced a new partnership with adaptive cycle manufacturer Ice Trikes. The partnership will see Ice Trikes become the preferred supplier to British Cycling’s “Limitless” disability and para-cycling program. In addition, through an innovative incentive scheme, all British Cycling members are now entitled to an exclusive 8 percent ...
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News briefsCanyon Bicycles expands management team with top industry talent
Source: Canyon Bicycles GmbH Chad Manuell With the appointment of industry expert Chad Manuell as Chief Technology Officer, German DTC provider Canyon Bicycles is expanding its management team and, according to the company, “strengthening its focus on growth and innovation for customers.” Manuell will primarily be ...
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News briefsPierer Mobility AG to set further turnover and sales records
According to initial preliminary figures, the Austrian two-wheeler giant Pierer Mobility AG will achieve record consolidated sales of between €2.65 and €2.670 billion in FY 2023. Compared to the previous record year 2022, this represents an increase of around 9 percent. The Pierer Mobility Group is not only reporting a ...
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ArticleStrava Year In Sport Report shows social connections are the biggest motivator
Strava has released its Year In Sport: The Trend Report, highlighting global trends among active people across all generations. It reveals that Generation Z’s behaviors and habits differ from other generations, but they also have different motivators, barriers and interests when it comes to staying active. For the report, Strava ...
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News briefsCube launches new Factory Team for Cross Country discipline
Bike manufacturer Cube has founded the Cross Country Factory Racing Team to expand its involvement in the Olympic sport and add the discipline of cross country to the brand’s Factory Team. Kira Böhm moves from Cube’s own development team to the new Cross Country Factory Racing Team and is joined ...
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ArticleCreditors approve Advanced Sports’ restructuring plan
After the German sales company Advanced Sports GmbH (aka Advanced Sports Europe) slipped into self-administered insolvency on April 1, 2023, due to the challenging market and consumer sentiment, it was reported in mid-September that all parties involved in the proceedings (while business operations continued) were confident that the restructuring process ...
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News briefsForward Outdoor Apparel adds McWilliam and Ducruet to management team
Forward Outdoor Apparel, a Verbier-based outerwear brand for skiers, snowboarders, bikers and hikers that is part of Global Development Co., has appointed a new management team to lead the launch of its next apparel line for FW24/25. Tony McWilliam was appointed Global Brand Director. As the founder of Faction ...
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News briefsThule’s SVP Corporate Communications is leaving the company
Fredrik Erlandsson has informed the Swedish Thule Group that he will be leaving his position as Senior Vice President Corporate Communications and Investor Relations to take over responsibility for corporate communications and investor relations at the Swedish energy technology company NIBE Industrier and become part of the Group’s Executive Board. ...
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News briefsUSWE enters liquidity guarantee agreement with Pareto Securities
USWE Sports AB, the Swedish parent company of USWE, Void Cycling and Giant Loop, has entered into a liquidity guarantee agreement with Oslo-based Pareto Securities AB. Pareto Securities will assume the function of liquidity provider on Jan. 2, 2024. The obligation takes place within the framework of Nasdaq First North ...
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News briefsLawton takes over as CFO of Thule Group
Source: Thule Toby Lawton As already announced in July 2023, Toby Lawton took over the role of CFO of the Swedish Thule Group with the start of 2024. He succeeds Jonas Lindqvist. Lawton was most recently CFO at the Swedish textile recycling company Renewcell. At Renewcell, former ...
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ArticleSuccessful reorganization and realignment of Pierer subsidiary Syntace
Syntace GmbH, the umbrella company for the Syntace brand, a manufacturer of high-quality bicycle components, and Liteville, a manufacturer of high-end bikes, primarily in the mountain bike segment, has successfully completed a comprehensive restructuring since Pierer Industrie AG (PIAG) took over the majority rights in 2022. The ...
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News briefsHövding files for bankruptcy
The Board of Directors of Hövding Sverige AB has decided to file for bankruptcy. The bankruptcy application has been submitted to Malmö District Court on December 21, 2023. As reported before, the reason for the bankruptcy application is that the Swedish Consumer Protection Agency on Nov. 1, 2023, imposed a ...
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ArticleKSR Group’s future is secured
Following the decision of the Krims District Court to lift the external administrative proceedings at the insolvent Austrian two-wheeler giant KSR Group GmbH, the path for a fresh start is now clear. The creditors’ meeting had previously approved the restructuring measures by a large majority. On Dec. 20, the restructuring ...
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News briefsRebike’s e-bike refurbishment certified by TÜV Rheinland
The Premium Refurbishment Program from Rebike Mobility, Germany’s largest re-commerce company for e-bikes, has been awarded the “Tested Service Quality” certificate by TÜV Rheinland. Rebike is the first provider of reconditioned e-bikes to receive such certification. The basis for the certificate was an extensive audit by TÜV Rheinland in the ...
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News briefsMyStromer with new executives for growing e-bike subsidiary Desiknio
Swiss S-pedelec pioneer MyStromer AG has made two key personnel changes at its Spanish lightweight e-bike brand Desiknio, which it acquired in 2021. Source: Desiknio Morten Kristiansen Since mid-November, Morten Kristiansen has been the new Managing Director of the Spanish subsidiary, which, in contrast to the Stromer ...
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ArticleOIA to co-publish Outdoors For All manifesto
The British Outdoor Industries Association (OIA) has announced the publication of the “Outdoors For All” manifesto, jointly produced by the OIA and 35 other national governing bodies and environmental organizations, including British Cycling, National Trails UK and BMC. The initiative is committed to increasing responsible access to ...
