All Bike & eBike articles – Page 59
-
News briefsVittoria issues €5 million sustainability bond through UniCredit
Italian bicycle tire specialist Vittoria, owned by its management and private equity fund WISE Equity, has issued through UniCredit a €5 million ESG (Environmental, Social, and Governance) sustainability-linked bond, which will help finance its investments in capacity and innovation in Thailand and Italy. The bond has a duration of six ...
-
News briefsWoom cooperates with kids’ eyewear brand SooNice
Source: woom The Austrian children’s bike brand Woom is collaborating with the children’s sunglasses label SooNice, also from Austria, to launch a special edition of the SooNice Sunnies. Every newly purchased Woom Original 2, 3 or 4 bike now comes with a pair of these special edition ...
-
News briefsPorsche’s e-bike joint ventures with Ponooc start operations
Source: Porsche AG Jan Becker, Chairman of the Management of the Porsche eBike Performance GmbH As reported earlier, German sports car maker Porsche is looking to expand its e-bike commitment. For that purpose, two joint ventures have started their business today, which Porsche has founded ...
-
News briefsCanyon receives reported $30m in new investment
Various press outlets are reporting that Canyon Bicycles has received an estimated $30 million in new capital from two investors. One is LRMR Ventures, the investment group run out of Akron, Ohio, by the NBA player LeBron James and his longtime associate Maverick Carter. (James took a minority interest in ...
-
News briefsVSF and BICO jointly expand support for the specialist bicycle retail trade in Germany
The board of directors of the German bicycle industry association VSF (Verbund Service und Fahrrad e.V.) and the supervisory board of the purchasing association Bike&Co (BICO) have signed a cooperation agreement at Eurobike to work more closely together. This covers the areas of product supply, training and education, and politics. ...
-
News briefsItalian Bike Festival to take place for the first time in Misano
The 5th edition of the Italian Bike Festival, the international trade show created in 2018 and organized by Milan-based Taking Off, will take place at the Misano World Circuit in Misano Adriatico on Sept. 9-11. The previous editions were held at the Parco Fellini in Rimini, but the organizers had ...
-
News briefsKomoot adds several new languages
Outdoor app Komoot is offering a native-language experience in several new local outdoor and cycling communities in developing markets, effective immediately. Adding the five new languages – Japanese, Korean, Polish, Brazilian Portuguese and European Portuguese – brings the total number of languages available to its 27 million-strong global community to ...
-
ArticleShimano sees strong demand for bikes in first half, fishing segment cooling down
Shimano reported a 22.4 percent increase in net income to 68,558 million Japanese yen (€491.6m) for the six months ended June 30. Operating income was 15.7 percent higher for the period at ¥80,909 million (580.2m) versus ¥69,922 million in the year-ago period. Pearl Izumi U.S. was excluded from the reported ...
-
News briefsUSWE nominates Frisk for board of directors
USWE Sports’ nomination committee has proposed the re-election of Mats Jacobson, Martin Kössler, Jenny Graflind and Joel Eklund as ordinary members, Jacobson as chairman of its board of directors. Current board member Fredrik Carling has declined his re-election. In addition, Helena Nordman-Knutson and Patrik Frisk were nominated for election as ...
-
News briefsItalmobiliare acquires Sidi Sport
Italmobiliare has invested in Sidi Sport, the iconic Italian brand specializing in cycling and motorcycling footwear. As per the terms of the agreement, 100 percent of the capital of Sidi Sport S.r.l. will be taken over by Italmobiliare for €66 million, in addition to the net cash held by the ...
-
News briefsMaloja joins EOG
Source: Maloja Klaus Haas , CEO Maloja German clothing brand Maloja, founded in 2004 and known for its respectful practices regarding people and nature, has joined the European Outdoor Group (EOG) as a full member. By joining, the Bavarian-based company, which mainly serves the bike, cross-country skiing ...
-
ArticleMips withstands stock price decline with strong Q2 results
Thanks to continued strong sales in its Sport and Moto business units, helmet technology specialist Mips AB reported a 45.1 percent increase in sales in the second quarter of this year (and compared to April-June last year). The 206 million Swedish kronor (€19.77 million) earned also represents a new sales ...
-
News briefsBike24 revises 2022 annual forecast
German bike, running and swimming sports online retailer Bike24 Holding AG has revised its previous forecast for the full year 2022 downwards due to the further deterioration in economic conditions in Q2 2022. According to the Dresden-based company, which has been listed on the stock exchange since June 2021, the ...
-
News briefsMulticycle announces seven new openings in Germany
Following the opening of its 30th bicycle store in its home country of Germany in Gütersloh, Multicycle Fahrrad-Handels GmbH & Co. KG has announced the opening of no fewer than seven additional locations until the first quarter of 2023. With its expansion plans behind it, the chain store operator (Multicycle ...
-
News briefsSmith hires Scott Randall as new global VP of product
U.S. goggles and helmets specialist Smith has named Scott Randall as global vice president of product. Randall has started his career in retail with Nike Australia before hiring at Oakley. Scott Randall Staying at Oakley for 18 years, he has been working at the brand’s headquarters in ...
-
ArticleNew association to support cycling start-ups in France
A new French trade association, called Cycling Tech France, has been launched to support national cycling start-ups, Sport-Guide has reported. The organization, established by Eric Dodin and Alexandre Rispal, gathered for its first official meeting on July 1. Based on Sport-Guide’s information, the association’s members currently include Ateliers Heritagebike, Caminade, ...
-
News briefsRebike opens new flagship store in Frankfurt, Munich shop to follow soon
While the first Eurobike was held at the exhibition center, the online specialist Rebike Mobility opened its first flagship store in Frankfurt on July 15, 2022. Another Rebike store in Munich is planned to follow at the end of July. With the new brick-and-mortar concept, the Munich-based online specialist Rebike ...
-
ArticleEurobike premiers in Frankfurt, welcomes 61,150 visitors from 105 nations
The new Eurobike format that moved from the former Friedrichshafen venue to Frankfurt, Germany, has attracted significantly more visitors (both professionals and consumers) than the last pre-Covid edition. In its official after-show report, the organizing company Fairnamic speaks of 33,780 visitors from the bike industry and 27,370 consumers who came ...
-
News briefsSimplon with pop-up space at Breuninger in Munich
The Austrian bike manufacturer Simplon runs a new exhibition space in an unusual surrounding: In the high-fashion store Breuninger (formerly Konen) in the heart of Munich, the bike maker shows its bikes and offers 3D body scanning and consultancy on its products. The pop-up project runs for four weeks and ...
-
News briefsZiener uses more Lavalan insulation
Source: Ziener Ganghofer mitten For the coming fall/winter collections, the German brand Ziener will be integrating Lavalan wool insulation into more of its apparel and gloves collections for men, women and kids. The 100 percent wool padding from Lavalan is manufactured in Germany and found in Ziener’s ...
