All Bike & eBike articles – Page 52
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News briefsAmer’s Enve Composites has a new GM
Source: Enve Composites Mike Stimola, Enve’s new GM U.S.-based Enve Composites, a manufacturer of carbon bicycle frames, wheels and components and, more recently, apparel, has a new general manager. Mike Stimola succeeded Jeremy Venz at the turn of the year. Under Venz, who joined Enve in 2005 ...
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ArticleGiant Group acquires minority stake in Stages Cycling
According to two filings published on the Taiwan Stock Exchange (TWSE), the country’s largest bicycle manufacturer, Giant Manufacturing Company Ltd (a.k.a. Giant Group – Cadex, Giant, Liv, Momentum brands), has acquired a minority stake in U.S.-based indoor cycling and professional cycling training expert, Stages Cycling LLC. Following the approval at ...
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News briefsPolygiene completes LCA with encouraging results
Chemical technology specialist Polygiene has completed a life cycle assessment (LCA) to achieve a precise database for the environmental impact of washing, comparing non-treated garments with those treated with its StayFresh textile treatment. For the evaluation, Polygiene teamed up with engineering firm Sweco to study the benefits of skipping just ...
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News briefsVista creates action sports division under outdoor umbrella, led by Fox Racing president
According to Shop Eat Surf, Jeff McGuane, president of Fox Racing, has been promoted at Vista Outdoor to lead a restructured Action Sports division, which includes Fox Racing, Bell, Giro, Blackburn, Krash, Copilot and Raskullz. Vista Outdoor acquired Fox Racing in August 2022. According to the same media source, McGuane’s ...
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ArticleGfK e-bike monitor 2022 researches European consumer journey
In its latest European comparison of the e-bike market, GfK has researched the owners’ preferences, the customer journey of potential e-bike buyers and the actual use of the bike once it is purchased. The GfK E-Bike Monitor 2022 reveals that many e-bike buyers are already owners: for example, one in ...
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News briefsAlpkit raises £1.5 million in funding
Alpkit, the British outdoor and cycling brand and retailer, has secured £1.5m (€1.7m) from the Midlands Engine Investment Fund (MEIF). The new funding will help it strengthen seasonal inventory acquisition and product development in the footwear and e-bike lines. It will also enable the company to take over its bike ...
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News briefsThule Group tightens climate targets
The Thule Group has set net-zero targets for 2050, extending its climate strategy set up already in 2020, when the company applied for formal review and approval by the Science Based Targets initiative (SBTi). According to the company, the group commits to reducing its overall greenhouse gas emissions by at ...
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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 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 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 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 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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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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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 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 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. ...
