All Bike & eBike articles – Page 57
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News briefsThe Big Gear Show to offer bike demos
The National Bicycle Dealers Association (NBDA) and PeopleForBikes will partner to host bicycle demonstrations at The Big Gear Show 2022 (Deer Valley Resort, Utah, Aug. 2-3, 2022). Two group rides will be held each day of the show. The demo rides will be available to all registered retailers and media ...
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News briefsChina Cycle announces new date and location
In early April, the organizers of the China International Cycle Show canceled the 2022 edition, scheduled for May 6-31, due to the fierce Covid Omicron variant, which is particularly rampant in the greater Shenzhen and Shanghai areas. However, China Cycle 2022 was not completely abandoned. Now the organizer announced that ...
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News briefsNew MAAP LaB opens in Melbourne
MAAP, the Australian cycling apparel specialist, has unveiled its inaugural concept store, MAAP LaB, in Collingwood, an inner-city suburb of Melbourne. The store, located at 33 Wellington Street, occupies a new development in the ex-industrial end of Collingwood and is open seven days per week. “LaB,” which stands for “Life ...
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ArticleVittoria Group and A Dugast open new regional headquarters in the Netherlands
Right after the acquisition of A Dugast by the Vittoria Group in May 2021, there were considerations on how best to join forces and exploit synergies. On June 15, the two bicycle tire suppliers inaugurated the new headquarters of Vittoria Northern Europe and A Dugast in Oldenzaal, the Netherlands. This ...
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News briefsGebrüder Weiss launches international cycling campaign
On April 1, the Austrian logistics company Gebrüder Weiss launched the bicycle campaign “Cycling around the World,” aimed at cyclists worldwide. Cyclists record and count the kilometers they have traveled until the end of September using an app. The original goal was to cycle a total of 40,075 kilometers as ...
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News briefsEquip Outdoor releases comprehensive sustainability report
Equip Outdoor Technologies, the owner of brands Rab and Lowe Alpine, has officially released its sustainability report 2021 at the Outdoor by ISPO show in Munich. The detailed and very transparent report unrolls the efforts and projects of the past years on 32 pages, like an increase ...
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News briefs
Evoc takes over its distribution in Germany from BikeAction
Evoc Sports, specializing in protective bags and bike packs, will take over the distribution of its product in Germany from its current agency BikeAction, in charge since 2008, as of September 2022. The agency will continue to provide support, deliveries and customer care until Aug. 31, 2022. The German market ...
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ArticleMips presents new strategy and updated financial targets
At Capital Market Day 2022 in Stockholm on June 9, Swedish helmet technology and “Brain Protection System” (BPS) manufacturer Mips AB unveiled its new long-term strategy with updated financial targets and strategic priorities for the coming years. The reason for revising the company’s strategy and long-term financial targets is not ...
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News briefsAccell Group takeover: KKR declares offer unconditional
After the status of the Accell Group takeover was in limbo last week, Accell Group and KKR (Kohlberg Kravis Roberts) have now jointly announced that, considering all offer conditions having been satisfied or waived, KKR declares the offer unconditional. The number of shares that have been tendered for acceptance under ...
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News briefsSchöffel hires David Randall as creative director
Source: Schöffel David Randall Design expert David Randall is the new creative director at Schöffel. The British-born designer, who has lived in southern Germany for 25 years, was most recently responsible for the design of the outdoor label Black Yak and established the South Korean brand on ...
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ArticleSSU partners with Rhenus on “largest bicycle components hub in Europe”
Signa Sports United (SSU) announced a strategic partnership with Rhenus Warehousing Solutions and the opening of a new state-of-the-art SSU warehouse. The newly built 20,000-square-meter facility, which SSU says is the largest bicycle parts hub in Europe, is strategically located in Hockenheim, Germany, with excellent distribution channels to several European ...
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News briefsProtective signs central distribution contract with Intersport Germany
The specialized bike and nordic skiing brand Protective just signed a central distribution contract with Intersport Germany after closing similar central distribution deals with Sport 2000 and ZEG, the cooperative of independent bike dealers, in 2021. The Intersport agreement was another step on the brand’s agenda to regain ground in ...
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ArticleFox Factory publishes first global sustainability report
In time for World Environment Day, Fox Factory – based in Georgia, USA – released its first sustainability report for 2021. The report includes the results of the company’s first materiality analysis, which led to the development of the Fox Factory Frontiers sustainability strategy. The publication summarizes the current state ...
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ArticlePorsche takes over remaining 80 percent in Fazua
Porsche AG seemed to like what it saw when it acquired a 20 percent minority stake in fledgling e-bike drive manufacturer Fazua GmbH in January 2022. The German sports car maker now announced it will acquire the remaining 80 percent. No details were provided about the sale price. The Stuttgart-based ...
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News briefsSigna Sports United appoints Max Heimann as CEO, Internetstores Group
Source: SSU Max Heimann Signa Sports United (SSU) has appointed Max Heimann as CEO of Internetstores Group. Heimann will join the company in mid-August 2022 and lead SSU brands, including Fahrrad.de, Probikeshop, Addnature and Campz, across Europe. Currently, Heimann is a member of the executive board of ...
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ArticleBruno Maier takes over helm of UWI from Claude Jordan
Source: UWI Bruno Maier Following the retirement of the previous CEO and president of United Wheels Inc. (UWI, with bicycle brands Batch Bicycles, Buzz E-Bikes, Huffy, Niner Bikes, Royce Union and Vaast Bikes), Claude Jordan, after nearly four years in office, the U.S.-based company, under the wing ...
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News briefsStatus of Accell Group takeover in limbo
The Dutch Accell Group did not receive the required threshold of tendered shares by its June 3, 17:40 CET deadline, casting uncertainty over its proposed €1,145 million takeover by an affiliate of U.S. financial investor KKR (Kohlberg Kravis Roberts) that was formally made on April 6 but first announced in ...
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News briefs
Upway raises $25 million in Series A round
Upway, a French start-up that sells refurbished secondhand e-bikes, has raised $25 million in a Series A round led by Exor Seeds and Sequoia Capital. Origins, the fund backed by professional soccer players like Blaise Matuidi, N’Golo Kanté, Olivier Giroud, and rugby player Antoine Dupont, is also participating in the ...
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News briefsWorld Bicycle Day on June 3
World Bicycle Day is celebrated on June 3 every year since the United Nations General Assembly (UNGA) established it during the 72nd Regular Session of the UNGA in New York City on April 12, 2018. The resolution was adopted by a consensus of all 193 Member States. The UNGA declaration ...
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ArticleSSU’s sales bolstered by acquisitions
Signa Sports United (SSU), battling worsening consumer sentiment in Europe and persistent bike/e-bike shortages as headwinds, expanded second-quarter revenues by 47.5 percent to €269.0 million from €182.0 million. The increases were aided by including results from its recent WiggleCRC and Tennis Express acquisitions (closed on Dec. 14 and Dec. ...
