All Bike & eBike articles – Page 7

  • 2023_10_12_ Air Glaciers Lauterbrunnen Placement_Banner
    Article

    All of Switzerland covered by Recco SAR helicopter detector system

    2023-10-27T10:48:00Z

    Recco reports that four SAR helicopter detectors are now in operation throughout Switzerland at sites in Zermatt, Sion, Samedan and Lauterbrunnen. The last two detectors were put into operation earlier this year. The Recco SAR helicopter detector in Samedan is operated by HeliBernina, while the one in Lauterbrunnen is operated ...

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    News briefs

    Globetrotter partners with German bicycle retailer

    2023-10-27T10:36:00Z

    Two German branches of the outdoor retailer Globetrotter are to cooperate with German omni-channel bicycle retailer B.O.C. From spring 2024, the Globetrotter branches in Stuttgart and Dresden will include sales areas with products from B.O.C.’s range. In Stuttgart, B.O.C. will move into the basement of Globetrotter, while in Dresden, B.O.C. ...

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    News briefs

    Ortlieb has a new solution for reducing waste

    2023-10-26T15:12:00Z

    To reduce off-cut waste, German company Ortlieb is now expanding what it has called a successful pilot project. Its Care-Bags – unique shoulder bags made from outdoor or cycling bags with errors in the production process that would otherwise have been discarded – are now available from the brand’s website ...

  • Mips
    Article

    Mips: Gloomy year due to high inventory levels

    2023-10-26T15:12:00Z

    Both weak demand and high inventory levels in the bicycle helmet category, which is also served by helmet safety technology provider Mips AB, led to another whopping 31.9 percent drop in sales in Q3 of FY23 compared to the same quarter in 2022. However, the situation gradually improved during the ...

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    News briefs

    Bike24 again revises 2023 revenue forecast

    2023-10-26T15:12:00Z

    Based on preliminary calculations for the third quarter of 2023, the Management Board of listed e-commerce bicycle retailer Bike24 Holding AG decided on Oct. 25 to adjust the forecast for the company’s revenue development in fiscal year 2023, or more precisely: to correct it downward. The company’s already revised forecast ...

  • Shimano_logo.svgz
    Article

    Shimano cites weak demand as nine-month results slip

    2023-10-25T11:24:00Z

    Numerous global factors, including a “lackluster economy” in Europe and a ”sluggish” recovery in China, Shimano reported a 19.8 percent decline in total sales to ¥375.27 billion (€2.36bn) for the first quarters of fiscal 2023. Operating profit fell by 43.0 percent to ¥72.09 billion (€453.0m) from ¥126.58 billion for the ...

  • bosch-ebike_coalition_for_cyclist_safety_press_photo_1
    Article

    Coalition for Cyclist Safety aims to improve safety of bike and eBike riders in North America

    2023-10-25T11:23:00Z

    19 companies from the automotive, bicycle and technology sectors have joined forces to drive the development and implementation of connected mobility solutions. With their help, they want to help reduce the risks for bicycle and eBike riders on North American roads. Founding members of the Coalition for Cyclist Safety are: ...

  • pps4-1000
    News briefs

    New bike saddle from Huan targeting a more comfortable ride

    2023-10-25T08:49:00Z

    Source: Huan PPS4 bike saddle The South Korean bicycle saddle brand Huan has developed two new types of its Huan PPS prostate protection saddles to make riding safer and more comfortable. The Huan PPS4 Flat saddle is designed for people with large hips or a heavier weight, ...

  • WSF-56
    Article

    WSF extends existing crowdinvesting campaign

    2023-10-25T08:06:00Z

    In August, Austrian bicycle and e-bike contract manufacturer WSF Bicycle Technology GmbH launched a crowdinvesting campaign on crowdfunding platform Conda with a funding target of €400,000. The company, which was founded in 2020 and is based in Regau, Upper Austria, plans to use the money to increase its production from ...

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    News briefs

    ​Internetstores GmbH files for insolvency

    2023-10-25T05:47:00Z

    Stuttgart-based Internetstores GmbH, which includes the bike and outdoor online shops Fahrrad.de, Bikester, Campz and Addnature, filed for insolvency at the Stuttgart District Court on Monday afternoon. The company is part of Signa Sports United (SSU), the sporting goods division of the Signa Group founded by Austrian investor René Benko. ...

  • Tennis Point
    Article

    Wave of insolvencies at SSU seems unleashed

    2023-10-20T15:57:00Z

    While Signa Sports United (SSU) offshoot Internetstores GmbH (Addnature, Bikester, Brügelmann, Campz, Fahrrad.de, Probikeshop) is said to have informed its suppliers of impending insolvency in self-administration and British affiliate WiggleCRC is believed to have done the same in its home country, German Tennis-Point GmbH has already filed for insolvency on ...

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    News briefs

    Vista Outdoor announces CFO for Revelyst

    2023-10-20T15:50:00Z

    Source: Vista Outdoor Andy Keegan Previously considered a plan, it’s now official: Andy Keegan, currently Vista Outdoor’s vice president and interim CFO, will serve as Revelyst’s CFO following the planned spin-off of Vista Outdoor’s Outdoor Products segment into a separate public company. Keegan will continue to serve ...

  • Frasers SportScheck
    Article

    Signa Holding sells Sport Scheck to British Frasers Group

    2023-10-20T09:36:00Z

    On Oct. 17, Signa Retail Department Store Holding GmbH announced the sale of the German sporting goods chain SportScheck to British sporting goods and fashion retailer Frasers Group. Frasers runs, among other brands, Europe’s largest retailer of sports and fitness footwear, apparel and equipment, Sports Direct. No details were given ...

  • Pierer Mobility neu
    News briefs

    Pierer Mobility AG announces change of ticker symbol

    2023-10-18T07:09:00Z

    The shares of the two-wheeler giant Pierer Mobility AG (brands KTM Motorrad, Husqvarna Motorcycles, GasGas as well as Felt Bicycles, Gas Gas E-Bicycles, Husqvarna E-Bicycles, etc.) will no longer be listed on the stock exchange under the ticker symbol PMAG, but under PKTM with immediate effect. The shares of the ...

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    Article

    Largest SSU shareholder cancels equity commitment

    2023-10-17T10:17:00Z

    Shortly after deciding to delist from the NYSE, Signa Sports United (SSU) announced that it had received a termination notice regarding the unconditional equity commitment letter from Signa Holding GmbH, a privately held Austrian real estate and retail company and a subsidiary of the company’s largest shareholder, Munich-based Signa International ...

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    Article

    Q3 Bicycle Industry Stock Chart: Bike manufacturers had to cut back

    2023-10-17T05:19:00Z

    Even though the long-term prospects of the bicycle sector are looking promising, it is currently operating in difficult terrain. This is also reflected by The Outdoor Industry Compass’ Q3 analysis of the bicycle industry stock market.

  • vista_outdoor_logo_kopie_8
    Article

    Vista Outdoor divests Sporting Products business for $1.91bn

    2023-10-16T13:56:00Z

    Vista Outdoor has agreed to sell its Sporting Products business to Czechoslovak Group a.s. (CSG) for an enterprise value of $1.91 billion. The transaction is subject to customary closing conditions. This transaction is the next step in Vista Outdoor’s plan to split the business into separate entities, previously announced on ...

  • european-commission-logo
    Article

    Cycling associations welcome EU declaration on cycling

    2023-10-10T13:06:00Z

    European cycling associations welcome the proposal for the “European Cycling Declaration” presented by EU Transport Commissioner Adina Vălean in Seville this month. The declaration is intended to serve as a “strategic compass for existing and future policies” to “realize the full potential of cycling in the European Union.” The European ...

  • Decathlon
    News briefs

    Decathlon Belgium introduces subscription service for kids’ bikes

    2023-10-10T05:20:00Z

    Decathlon Belgium is launching a new bicycle subscription service for children up to 12 years old. The sporting goods retailer makes available for rent 53 models of bicycles for children of that age that are also sold in its stores. This will allow children to use a bike that grows ...

  • Vittoria Tires
    Article

    Vittoria opens cotton bike tire factory in Bangkok

    2023-10-07T14:05:00Z

    Italian bicycle tire specialist Vittoria has opened a new factory in Thailand for the production of cotton bicycle tires. This €20 million investment will expand the Vittoria Tyres Thailand (VTT) factory site from 36,000 to 51,000 sqm in the Bangpoo industrial area, near VTT’s current headquarters. The 10,000 sqm facility ...