All Bike & eBike articles – Page 78
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ArticleFox Factory Q1 sales shine with surge in bicycle product sales
Suspension specialist Fox Factory continues to soar. The company posted record sales for the third consecutive quarter. Q1 2021 sales increased 52.5 percent to $281.14 million (€231.16m). This amount is split between Fox’s Powered Vehicle Group (PVG) Q1 revenue of $162.75m (€134.01m, +35 percent) and Fox’s Specialty Sports Group (SSG, ...
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ArticleBicycle boom pushes Q1 sales at Dorel
Dorel Industries said revenues at its sports segment increased for the eighth consecutive quarter in the three months ended March 31, rising by 43.6 percent in reported U.S. dollars to $270 million, and by 41.5 percent in local currencies, driven by the growing global demand for bikes. The second quarter ...
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News briefs
SRAM rewards shareholders after strong year
SRAM, the private maker of bicycle components, plans to issue a $1.1 billion term loan to finance a special distribution of $750 million to its shareholders, after a banner year in which its sales jumped to $974 million, thanks to the recent bike boom. The rest of the proceeds will ...
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News briefs
Oakley introduces Kato sport performance sunglasses
Oakley is launching the new Kato series, a range of frameless performance sunglasses designed to deliver an expanded field of vision, enhanced impact protection and a customized fit. Kato eyewear was first spotted at La Vuelta in Spain in autumn 2020, worn by Oakley-sponsored athletes Chris Froome and Sam Bennett, ...
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News briefs
Scarpa renews its support to the Giro d’Italia, with an eye on sustainability
Scarpa will be an official supplier of the Giro d’Italia for the second consecutive year. The 2021 edition of the iconic bicycle race, organized for the first time in 1909, will start on Saturday, May 8 in Turin. Scarpa will provide the event’s staff with a limited edition of its ...
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News briefsDerby Cycle becomes Kalkhoff
The German bicycle manufacturer Derby Cycle, part of the Dutch Pon Bike Group (PBG; with brands Cervélo, Focus, Faraday, Juliana, Kalkhoff, Santa Cruz and others), will operate under the Kalkhoff brand name in the future. In addition, the historic Kalkhoff site in Cloppenburg will be completely remodeled. A new plant ...
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ArticleBicycle boom gives Austrian specialist retail some record boosts
The record result brought in by the Austrian market in 2020 is not only due to the Covid-19 pandemic. The trend toward bicycles, especially e-bikes, began several years earlier. Today, bicycles are the strongest sales drivers in the Austrian sporting goods market, alongside the ski and outdoor segments. It should ...
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News briefsRose Bikes sets course for the future with new production hall
German DTC bicycle supplier Rose Bikes is opening a new production hall in its hometown of Bocholt. This represents not only expanded production capacity but also reorganized logistics and additional regional employment. According to the family-owned company, there is room for an additional 120 jobs here. Currently, Rose Bikes employs ...
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News briefsBicycle tire manufacturers Vittoria Group and A. Dugast join forces
Dutch bicycle tire manufacturer A. Dugast, best known for its handmade cotton and silk tires for cyclocross, track and road racing, has been fully acquired by Italian bicycle tire giant Vittoria Group. As a result of the deal, A. Dugast’s CEO Richard Nieuwhuis has received an undisclosed minority stake in ...
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News briefsStart of the 16th Eurobike Award
The Eurobike has launched the registration for the 16th Eurobike Award. Companies, designers and developers from the international bicycle and mobility industry now have until July 8 to enter their new products. Early bookers until July 13 will receive a discount. The winners are traditionally announced on the first evening ...
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News briefsNew Fulcrum distributor in Belgium and Luxembourg
Fulcrum Wheels, an independent wheel company that belongs to the Italian bicycle component supplier Campagnolo Group, has a new distributor in Belgium and Luxembourg. Previously, the German wholesaler and importer Hermann Hartje was responsible for the brand in those countries, but the partnership has now been dissolved and in April, ...
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News briefsSKS Germany and Ortlieb launch joint clinics
Bicycle accessories manufacturer SKS Germany and waterproof equipment manufacturer Ortlieb have jointly launched the “SKS & Ortlieb Roadshow” in Germany. The tour is intended to give interested dealers a time-efficient possibility to learn about new products, the brands and the associated USPs such as “Made in Germany”, despite the Covid-related ...
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News briefs
Albion launches first women’s apparel line; hires former Rapha lead designer
Albion has released its new spring/summer 2021 collection of performance cycling clothing, which comprises the brand’s first women’s products. Both the men’s and women’s items are made using the same recycled performance fabrics. The women’s range also features a women’s specific bib short pad for long-distance riding by Elastic Interface. ...
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News briefs
Büchel Group subsidiary Wittkop acquires Italian competitor Selle Esse
German bicycle parts and accessories manufacturer Büchel Industrie Holding (a.k.a. Büchel Group) announced that its Wittkop Sattel subsidiary is acquiring Italian competitor Selle Esse, founded in 2009. The deal will be effective May 1 for an unspecified amount. The acquisition will also allow Wittkop, which was founded in 1898, to ...
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ArticleMips Q1 sales boosted by strong demand for bike helmets
When bicycle sales pick up in times of pandemic, Sweden’s Mips AB and its Brain Protection System (BPS) helmet technology are also in the front row. The first quarter of the year – usually the company’s smallest quarter – was the fourth-largest in company history in terms of sales. Total ...
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News briefs7Mesh opens distribution center in the U.K.
To ensure that orders for U.K. retailers and consumers continue to arrive faster, easier and without customs formalities, Canadian premium bikewear supplier 7mesh Industries (a. k.a. 7mesh Cycling Apparel) has announced the opening of a new distribution center “for post-Brexit shipping and service.” Working with its international logistics partner, Tigers ...
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News briefsSwiss sports market stable in 2020; online in Q1 2021 outperforms previous year
According to GfK market research, the Swiss sporting goods market ended 2020 with a stable result, thanks to a sales rally in the last two months of the year. However, there is a significant gap between the different sectors: the overall winners in 2020 were fitness, outdoor, running, stand-up paddling ...
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News briefsStorck Bicycle and Cycling Friends take off in South Africa
Together with South African cycling tour operator Cycling Friends, German premium bicycle supplier Storck Bicycle opened the Storck Studio Cycling Friends in April. The man behind the tour operator (www.cycling-friends.com) is Stefan Lohwasser, the father of Storck Bicycle’s managing director, Dr. Todor Lohwasser. Stefan Lohwasser joined Storck as a shareholder ...
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ArticleShimano continues to perform well in Q1
Both Shimano’s bicycle components and fishing tackle divisions benefited from the ongoing Covid-19 crisis in the first quarter of its fiscal 2021. Overall, Shimano’s quarterly sales – compared to the first three months of last year – grew 64.4 percent to 126.43 billion yen (€961.6m-$1.2bn). Operating income was ¥32.57 billion ...
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News briefsVittoria Group expands management team
Source: Vittoria Group Vanessa ten Hoff Italian bicycle tire manufacturer Vittoria Group welcomes Vanessa ten Hoff as chief innovation officer to its leadership team. Ten Hoff joins with more than 18 years of experience in the household appliances industry in various international senior leadership roles, covering product ...
