All Bike & eBike articles – Page 78
-
ArticleVelocio partners with Apidura for U.K. repairs
Repairs are essential to keep products in use longer but sending a product to a central repair hub can accrue a significant carbon footprint. To reduce this negative consequence, Velocio, a cycling apparel company based in New Hampshire (U.S.), has partnered with Apidura in the U.K., a company that makes ...
-
News briefsStrategic expansion of Gruppo’s management team
Following the recent announcement that U.S. investor Victor Luis and his Asobi Ventures Inc. have joined Cinelli and Columbus manufacturer Gruppo Srl as majority shareholders, and the introduction of Marcello Segato as the new CEO, the Italian company has now hired Walter De Luca as a member of the executive ...
-
ArticleHigh demand for bike helmets results in tremendous sales increase for Mips in H1
After a strong start to fiscal 2021, “brain protection” helmet-technology maker Mips AB stepped it up a notch in the second quarter. As a result, the Swedish company posted total sales of SEK 225 million (€22.0m-$25.9m) in the first half of the year, despite challenging supply chain issues. Compared with ...
-
ArticlePierer Mobility and Maxcom join forces for new e-bike factory
On July 21, Austria’s Pierer Mobility AG and Bulgaria’s largest bicycle manufacturer Maxcom Ltd. announced the establishment of a joint venture in which each party will hold a 50 percent stake. With an investment of €40 million, this joint venture will develop a state-of-the-art e-bike production facility in Bulgaria on ...
-
News briefsPortugal is the largest bicycle producer in the EU for the second consecutive year
According to 2020 data released by Eurostat on July 20, Portugal is the largest bicycle producer in Europe for the second year in a row, with a total production of 2.6 million units. In 2019, the country had risen to the number one position in Europe for the first time. ...
-
News briefs
New global campaign: Oakley wants you to be who you are
Eyewear brand Oakley has launched a new campaign, “Be Who You Are,” a short film featuring a slew of sporting superstars including Oksana Masters, Patrick Mahomes, Francisco Lindor, Pauline Ferrand-Prevot and Nigel Sylvester alongside everyday athletes and is narrated by chef and celebrated rapper turned media-mogul, Action Bronson. The film’s ...
-
ArticleLearning from experience: How one startup discovered what’s in a (brand) name
The underlying goal of a brand name is to trigger a reaction. How do you make sure it’s the right one?
-
News briefs
ENOS initiates Outdoor Sports Inclusion Award
In partnership with the EOG and the It’s Great Out There Coalition, the European Network of Outdoor Sports (ENOS) is organizing a new award series to promote greater participation in the outdoors by under-represented groups, including those with disabilities. The new Outdoor Sports Inclusion Award will recognize the brands developing ...
-
News briefsPinarello announces new sales team organization
After the investment fund L Catterton, which joined Italian bicycle equipment manufacturer Cicli Pinarello srl as majority shareholder in 2016, introduced a new organizational structure at management level together with Pinarello founding partner and CEO Fausto Pinarello (son of company founder Nani Pinarello) earlier this year, the sales team has ...
-
ArticleDDK Group increases production capacity with new factories in Vietnam
Like all Asian manufacturers, the Taiwanese bike saddle manufacturer DDK Group has been overwhelmed by much higher production demand than expected. Not only is DDK’s factory in Changhua, Taiwan, running at full capacity, but the group’s factories in Nantong, China, and in Thủ Dầu Một, Vietnam, are also overloaded. The ...
-
News briefsG-Motion e-bike store opening with Storck Bicycle
On July 15, the German Glinicke Automotive Group celebrated the opening of the “G-Motion” e-bike center in Kassel. Markus Storck, founder and CEO of Storck Bicycle, attended the festivities. His brand is the driving force behind the new store. With the cooperation between G-Motion and Storck, the bicycle supplier is ...
-
ArticleUSWE expands offering with premium cycling apparel through acquisition of VOID Cycling
On July 16, USWE Sports AB, founded in Skåne, Sweden, in 2007, signed an agreement to acquire VOID Cycling, founded in Gothenburg in 2014, from Tenson BV and Color Group BV. Both USWE and VOID are strong in e-commerce and have each established a global presence. In early 2021, the ...
-
News briefsNew U.K. distributor for Sigma Sport
Oxford Products Ltd. has taken over the distribution network rebuild for German cycling components and accessories manufacturer Sigma Sport in the U.K., effective July 1, 2021. The company based in Witney, Oxfordshire, has been active in sales for almost 50 years and has become one of the largest distributors of ...
-
News briefsLa Passione successfully closes another funding round
Italian DTC cycling apparel brand La Passione Cycling Couture (La Passione Srl), founded in 2015, has raised €7 million in another round of financing. This cash injection comes partially from existing investors – Milano Investment Partner (MIP), Club Italia Investimenti 2, Club Digitale and Cyclo Club – who have been ...
-
News briefsNew CEO at Magura
Effective June 1, Michael Funk has joined the management board of German brake expert Gustav Magenwirth GmbH & Co. KG (Magura Group) as the company’s new CEO. Funk succeeds Olaf Müller, who left the company earlier this year. Ralph Berndt had taken over the duties as CEO of the Magura ...
-
News briefsION strengthens marketing team
Sara Bassano (left) and Rebecca Volz Bike, surfwear and accessories company ION, part of Boards & More, has strengthened its marketing department with two new team members, Rebecca Volz and Sara Bassano. Volz has a master’s degree in sports management and worked for six years as a ...
-
ArticleCONEBI’s publishes Bicycle Market Report 2021
“The European bicycle industry is booming.” That is the headline the Confederation of the European Bicycle Industry (CONEBI), the umbrella organization for national industry associations, is using to promote its BIMP Edition 2021 (“European Bicycle Industry and Market Profile”), unveiled June 12, with the latest figures for 2020. ...
-
ArticleShimano with new factory in Singapore, new machines in Japan
A few weeks ago, Japanese bicycle component manufacturer Shimano Inc. had to close its Malaysian plant, forced by the Malaysian government’s Covid lockdown. The Japanese company now announced that it would invest in a new factory in Singapore and new machinery in Japan. All this is being done with an ...
-
News briefsGerman DTC bicycle supplier Rose Bikes pushes expansion in brick-and-mortar retailing
End consumers have been able to test and buy bicycles from German DTC bicycle supplier Rose Bikes at Lengermann & Trieschmann in Osnabrück, Breuninger in Stuttgart, Sport Reischmann in Kempten and the four Globetrotter stores in Cologne, Frankfurt, Wiesbaden and Dresden since April 2021. Rose Bikes models “across all bicycle ...
-
ArticlePortugal officially inaugurates Europe’s first large-scale carbon frame factory
Led by Portugal’s minister of state for the economy and digital transformation, Pedro Siza Vieira, Carbon Team’s new production facilities were officially inaugurated on July 9 in Camoia, in the Portuguese municipality of Vouzela. Carbon Team is the first European automated carbon bicycle frame factory outside Asia. Hardtail monocoque carbon ...
