All Bike & eBike articles – Page 54
-
News briefsFox Factory invests $1 million in Trail Trust scheme in its first year
U.S.-based manufacturer of mountain bike suspension systems Fox Factory announced it has invested $1 million in its Trail Trust scheme in one year alone. Trail Trust was created in November 2021 to lead the way in delivering sustainable adventure to everyone. Its goals include building and maintaining new trail systems, ...
-
News briefsShimano presents 2022 study on e-bike attitudes in Europe
Are you interested in a detailed country report on the attitudes toward e-bikes in several European countries? If so, you should keep an eye on Shimano’s “State of the Nation 2020” report. More than 15,500 people in 12 European countries were surveyed for this fourth annual report from the world’s ...
-
News briefsCanyon Bicycles appoints former road bike athlete as COO
Source: Canyon Alison Jones, new Canyon COO As part of the company’s executive leadership team, German DTC bicycle supplier Canyon Bicycles GmbH has brought Alison Jones on board. She fills the open position of chief operations officer (COO). In this role, the former road bike athlete will ...
-
ArticleSchwan-Stabilo’s outdoor brands grow by 16.4%
The German Schwan-Stabilo group, the owner of Deuter, Ortovox, Maier Sports and Gonso, has published its 2021/22 business numbers, achieving growth in all of the group’s categories, which are cosmetics, writing instruments and outdoor sports. In the time span reported, the group generated sales of €745.3 million (previous year: €623.2 ...
-
News briefsLook to open a new store in Nevers
Look is planning to open a flagship store in the French city of Nevers, where the company is based, in January 2023, Sport-Guide has reported. The new 240-sqm store will be located just 2km from the company headquarters. Look opened a first brand store in Chartres de Bretagne, near Rennes, ...
-
News briefsParcours will be distributed in Australia
British wheel brand Parcours has agreed to a distribution deal with Just Pedal for Australia. Just Pedal will be involved with distribution, sales and support and will act as a local Parcours partner for both customers and retailers across the country. Just Pedal, based in Melbourne and operating since 2017, ...
-
ArticleBike industry veteran Pat Cunnane named CEO of Messingschlager USA
Europe’s leading and expanding bicycle accessories supplier Messingschlager GmbH & Co. KG has been able to win over a high-profile industry expert. The German company, which acquired its longtime U.S. partner company – then called Cycle Force Group – and its subsidiaries at the end of 2021 and shortly thereafter ...
-
ArticleCannondale’s new organizational structure without European head
Source: Cannondale Marco Kind After Canadian conglomerate Dorel Industries sold its Dorel Sports bicycle division – comprising Cycling Sports Group (CSG) and Pacific Cycle Group (PCG) – to Dutch company Pon Holdings B.V. last year, work has been underway to integrate the acquired brands. Cannondale, the U.S. ...
-
ArticleMV Agusta shareholders and KTM AG inject €30 million
After listed Pierer Mobility AG officially announced on Nov. 3 that its subsidiary KTM AG (not to be confused with e-bike pioneer KTM Fahrrad GmbH) was taking a 25.1 percent stake in rival MV Agusta Motor S.p.A. as part of a capital increase, the Italians announced a €30 million capital ...
-
ArticlePon.Bike commissions YIT Lietuva to build new factory in Lithuania
After 2L Architects UAB – the Lithuanian architectural firm responsible for the design of the new factory – received the building permit at the end of September, on Nov. 18, the Dutch bicycle company Pon.Bike officially commissioned the construction company YIT Lietuva to build the 40,000-square-meter facility in Lithuania’s Kėdainiai ...
-
ArticleBosch invests specifically in the European production of eBike Systems
In mid-October, the Slovakian ministry of economy told the domestic press that Robert Bosch GmbH (Bosch Group) and its offshoot Robert Bosch spol sro (aka Bosch-Slovensko) would expand the Slovakia-based Electric Drive Division to produce e-bike components for its e-bike drive supplier Bosch eBike Systems and invest accordingly. Shortly after ...
-
ArticleEurobike 2023: more space, more brands and a reworked profile
Eurobike is reporting very early demand for exhibition space at the upcoming Eurobike 2023 (June 21-25, 2023), which will be held in Frankfurt for the second time next year. “Demand for space has never been so great at such an early stage as for the upcoming trade fair edition – ...
-
News briefsRapha relies on dual leadership after Kim’s departure
Source: Rapha William Kim With William Kim stepping down as CEO of lifestyle bikewear supplier Rapha Racing Limited, the British company is relying on an internal dual CEO solution with immediate effect. Kim had succeeded Rapha founder Simon Mottram only at the end of last year. When ...
-
ArticleMerida’s value sales continue to grow at double-digit rate in 2022
After Taiwan’s leading bicycle manufacturer Giant Manufacturing Company Ltd. reported double-digit sales growth of 14.4 percent (compared to the same period in 2021) in the first three sales quarters of 2022, Merida Ind. Co. Ltd., also listed on the stock exchange and the second largest bicycle manufacturer in the ...
-
ArticleBike24's impressive sales growth in new markets cushions rising costs
Despite all the current macroeconomic challenges, Bike24 Holding AG, the online retailer of bicycles, running and swimming sports, achieved total sales of €72.62 million in the third quarter of fiscal year 2022. Compared to Q3 2021, this is an increase of 12.9 percent. However, both gross profit (€18m, down 8.3 ...
-
ArticleFirst-ever WBIA Global Market Report soon available
At its virtual general assembly this year, the World Bicycle Industry Association (WBIA), which was founded in 2019, discussed numerous industry and market developments on a global level. The latest news is that a first-ever comprehensive WBIA Global Market Report will be published soon. WBIA members include CONEBI, the umbrella ...
-
ArticleItalmobiliare announces new Sidi CEO after takeover
Source: Sidi Sport Davide Rossetti, CEO Sidi Sport With domestic investment holding company Italmobiliare Holding S.p.A. (we reported in July) set to complete the acquisition of Italian cycling and motorcycle footwear icon Sidi Sport S.r.l. in the current fourth quarter of 2022 “at an enterprise value of ...
-
News briefsHervis launches bike storage service for winter
Until Nov. 15, 2022, Austrian retailer Hervis is offering its shoppers a new type of combined service that is unique in Austrian sports retail: bike service followed by the option of professional, dry and secure storage over the cold months. In two stores in Vienna and Graz, customers can drop ...
-
News briefsBianchi renews presence in the U.S.
Source: Bianchi Dan Delehanty, Bianchi USA Country Manager As part of the complete restructuring of FIV Bianchi Spa, headquartered in Italy, Bianchi continues its international development by also renewing its Bianchi USA subsidiary and strengthening its physical presence in North America. Dan Delehanty has assumed the role ...
-
News briefsRaleigh is opening an “experience center” in Nottingham
British cycling brand Raleigh is to open later this month an “experience center” in Nottingham, its home city. The site, located at Maid Marian Way, will be a retail space with a full range of Raleigh and Haibike models on display and the option to try them out. Additionally, the ...
