All Bike & eBike articles – Page 73
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News briefsCODI’s sports brands with strong Q3, Boa leading the pack
All four of Compass Diversified’s (CODI) outdoor and sports brands – 5.11, Boa Technology, Marucci Sports and Velocity Outdoor – posted positive sales results and improved Ebitda in the third quarter, with Boa, maker of the dial-based Boa Fit System system for footwear and other applications, showing the highest sales ...
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News briefsMichael Jakob hired as Deuter head of international sales
Source: Deuter Michael Jakob After leaving PrimaLoft in June 2020 after more than six years as VP of business development Europe, Michael Jakob – as the company has just officially announced – has taken over the position of head of international sales at Deuter in Gersthofen, Germany, ...
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ArticleMips posts solid growth in Q3 despite supply chain challenges
Swedish company Mips reports that its third quarter built on the very good growth seen earlier in the year. The specialist in “brain protection” helmet technology reported that net sales increased by 81 percent to 185 million Swedish kronor (€18.6m-$21.7m) compared to SEK 120 million in Q3 last year. Organic ...
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ArticleShimano’s bicycle segment up 30%, raises forecast
While reporting excellent figures for its third quarter ended Sept. 30, Shimano said it was expanding production capacity at its factories in Japan and overseas to respond to the growing global demand for its products, as Covid-19 outbreaks have disrupted both manufacturing and logistics everywhere. Bicycle dealers’ inventories are still ...
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News briefsTextile Exchange and TextileGenesis pilot new industry tracking program
After a year of collaborative development, nonprofit organization Textile Exchange and traceability platform TextileGenesis are piloting a new industry tracking program called eTrackit. The new digital system for granular traceability creates material accounting of certified materials at the article level across the supply chain, enabling peer-to-peer validation and leveraging third-party ...
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News briefsCake opens first showroom/service center in Stockholm
Swedish electric motorcycle manufacturer Cake, a member of SOG, is opening its first-ever CAKEsite on Oct. 27, a combination showroom, retail, test ride and service center where customers can physically explore, touch and feel the bikes, take test rides or have their bikes serviced. The new CAKEsite:Stockholm is located next ...
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News briefsDecathlon to open first Swiss “Mountain Store” and plans fifteen more
Decathlon will open its first “Decathlon Mountain” store in Switzerland on Dec. 1 in the town center of Zermatt. The 350-square-meter store will offer the entire Decathlon product range. Other locations in the country are planned, the company said in a press release: About 15 stores in family holiday destinations ...
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ArticleBike-Components joins forces with brick-and-mortar retailers
The German e-commerce bicycle platform Bike-Components (managed by BC GmbH & Co. KG) is launching a new business segment next year: BC Remote is an ordering platform for brick-and-mortar bicycle dealers only. The background to this is that bicycle shops, in times of supply bottlenecks, sometimes search for missing parts ...
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ArticleThule sees gains in RV products and carrier systems
The outdoor trend, which kicked in after the Covid-19-related lockdowns, has once again brought good sales growth for the Swedish Thule Group. The trend toward outdoor and leisure activities closer to home continued to positively impact all of the group’s product categories in the third quarter. According to Thule’s preliminary ...
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News briefsBelgian investor acquires Santos Bikes shares from Think2Act
Belgian investment holding company Korys Investments acquired shares in Dutch bicycle manufacturer Santos Bikes on Oct. 19. No details were given about the number of shares or the sale price; all that is known is that Korys bought all shares that had been in the hands of previous Santos investor ...
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News briefsSea Otter Europe 2022 will be held in autumn
After the fifth edition of the bike show Sea Otter Europe Costa Brava-Girona was canceled last year due to Covid-19, this year’s event, held from Sept. 24 to 26, exceeded all optimistic forecasts. According to the organizers, 240 brands from 15 countries and around 45,000 visitors from 50 countries were ...
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News briefsIntersport opens second flagship store in Salzburg
On Oct. 21, the Tscherne family’s second premium location in Salzburg, Austria, opens with a sales area of 4,000 square meters on Alpenstraße. Intersport Tscherne invested around €6 million in the store, which includes the latest in sports analysis technology. From mid-October, 50 employees will be advising customers on four ...
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ArticleRevised ISPO Awards with four judging dates per year
ISPO Group has announced that it will now honor the highlight products and services of the sports industry four times a year with the latest, conceptually revised version of the ISPO Award. As usual, a jury of experts will evaluate all submissions individually according to criteria such as design, function, ...
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News briefsSigna Sports United collects more funds
The Wall Street Journal reports that Saudi Arabia’s Public Investment Fund is about to make a major investment in Signa Sports United (SSU), the big operator of online stores based in Berlin, which indicated four months ago its intention to go public. It would join other investors including Abu Dhabi’s ...
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News briefsPublic voting phase for EOCA projects starts
The online public voting for the next projects supported by the European Outdoor Conservation Association (EOCA) is now open. In line with EOCA’s current two-year focus, all 17 projects on the shortlist are tackling biodiversity loss in extraordinary landscapes worldwide. They were picked from nearly 250 applications that the EOCA ...
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ArticleMajor investment in Portuguese bicycle production for the EU market
The Portuguese bicycle industry association ABIMOTA has unveiled a major project with a planned total investment volume of over €258 million, through which Europe’s leading bicycle production intends not only to strengthen but also to expand its role. Plans also call for creating a technology center as a hub for ...
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ArticleFormer CEO of Private Sport Shop group to join Moustache Bikes as CEO
French e-bike supplier Moustache Bikes is strengthening its management team ahead of its tenth anniversary, launching a new development phase. On Jan. 1, 2022, Olivier Cantet, an experienced executive from the outdoor and sporting goods industry, who describes himself as a “leading French e-bike specialist,” will join the company as ...
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News briefsCraft launches Universal Health Wear collection for U.S. citizens
The U.S. subsidiary of the Swedish brand Craft is launching a new special project: selected apparel lines will be discounted by 10.7 percent for the U.S. market, which is equivalent to the percentage of income that all Swedes pay for their all-covering health care. The new line ...
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News briefsSigna Sports to launch AI-based virtual bike fitting engine
Sports e-commerce and tech platform Signa Sports United (SSU) has entered a strategic partnership with Motesque, a Brooklyn, NY, and Cologne-based specialist startup for biomechanics, computer vision and AI, to launch the first-ever biomechanical AI-based virtual bike fitting engine for online bike shopping. Motesque was founded in 2015 by Professor ...
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News briefsRose Bikes receives Forum Award
This year Rose Bikes receives the renowned Forum Award of the industry magazine Textilwirtschaft in the „Brand“ category. The award is given for entrepreneurial or personal achievements that have a lasting formative influence on developments in the fashion business. “I am incredibly proud of this award,” said Marcus Diekmann, managing ...
