All Bike & eBike articles – Page 79
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News briefsPierer Mobility reports strong two-wheeler sales in the first half of the year
With total sales of 176,045 motorcycles and 53,378 e-bikes and bicycles worldwide, Austrian two-wheeler giant Pierer Mobility AG has closed the first half of 2021 on a strong note. While the motorcycle sales under the KTM, Husqvarna and GasGas brand names almost doubled with an increase of 94.9 percent compared ...
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News briefsU.S. wholesaler QBP adds Benno Bikes to portfolio
U.S. bicycle wholesaler Quality Bicycle Products (QBP) will be the sole domestic distributor for California-based Benno Bikes’ bicycles, parts and accessories, beginning with the 2022 model year. With home market distribution centers in Minnesota, Pennsylvania, Nevada and Colorado, QBP serves a network of more than 5,000 independent bicycle dealers across ...
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ArticlePortugal Bike Value goes digital
On July 20, the very first digital platform to promote the Portuguese conscious mobility sector will be launched. With this tool, the national bicycle industry association ABIMOTA aims to promote, on behalf of its members, the path taken to internationalize the domestic bicycle production sector. Source: ABIMOTA PBV ...
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News briefsGruppo sets course for the future with new majority shareholder and CEO
U.S. investor Asobi Ventures Inc. has acquired a majority stake in Italy’s Gruppo Srl, the parent company of bicycle manufacturer Cinelli and (bicycle frame) tube producer Columbus. Further details of the transaction were not disclosed. At the same time, Gruppo has appointed Marcello Segato as CEO. Source: Gruppo ...
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ArticleSales in Austrian sports retail strongly divided in 20/21 winter season
Pointing to the strongly diverging business development for Austrian retailers (depending on location and product range focus), the national Association of Sporting Goods Manufacturers and Suppliers (VSSÖ) provided a first summary for the full year 2020 and the winter season Q4, 2020, and Q1, 2021. According to the association, total ...
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News briefsVittoria launches bike tire subscription service
Italian bicycle tire giant Vittoria Group is launching its first B2B tire service, called “Vittoria2Go.” The service allows customers to purchase bicycle tires on a subscription basis and pay monthly. With this unique offering, the Italians are targeting the growing bicycle leasing and rental market. The first customer is Pon ...
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ArticleOpen-air premiere of The Big Gear Show with focus on retail education
After the originally scheduled 2020 premiere of The Big Gear Show (BGS) was postponed due to the pandemic and moved from an indoor venue in Salt Lake City to an outdoor venue in Park City, Utah, the final schedule for the Aug. 3-5 event has now been set. The ...
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News briefsRussia’s bicycle market is still shaken
Russia is still experiencing a shortage of bicycles, while the average price has increased by 10 to 35 percent since the beginning of the year, retailers reported. Russia’s Velograd said the shortage is likely to last throughout 2021, and it will take two to three years for the situation to ...
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ArticleGlobal bicycle stocks chart Q2 2021:
Still riding the waveDue to the Covid-related closures, the focus in the first quarter of 2021 was still very much on alternative mobility products. This shifted somewhat in the second quarter. Falling infection figures and rising economic data have provided a breath of fresh air. This is leading to a renewed focus on traditional stock values. After all, in Covid times, these were properly beaten down. For example, shares in the automotive sector fell to respective lows below their actual value. The stock market is currently reacting positively to a time without lockdowns and the current efforts of the automotive industry to make its contribution to the mobility revolution with electrification. Global bicycle stocks continue to cruise at great heights but did not perform as extraordinarily in Q2 as they did in the first three months of this year.
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News briefsItalian bicycle brand Colnago taps former Selle Royal executive as CEO
Nicola Rosin In October 2020, industry veteran Nicola Rosin announced his departure from the Selle Royal Group. Since then, there have been rumors that he could become CEO of his home country’s legendary road bike brand, Colnago Ernesto & C. S.r.l., which was founded in 1954 in ...
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ArticleWoom-Europe merges with Woom-USA
Austrian children’s and youth bicycle supplier Woom GmbH has acquired its U.S. import partner and placed it under its corporate umbrella. Financial details of the acquisition were not disclosed. The merger of Woom-Europe with Woom-USA is one of several strategic steps the company is taking to grow. Having already built ...
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ArticleEurobike 2022 will relocate from Friedrichshafen to Frankfurt
New location, new date, new concept – only one thing remains: the team of people involved. In order to strengthen its market position and further develop its flagship trade shows in the areas of Urban Mobility “with the bicycle as a bandwagon” and General Aviation, Eurobike organizer Messe Friedrichshafen is ...
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News briefs
Covid mobility study: Germans travel more on foot and by bike
The Covid-19 pandemic has led many Germans to rethink their own mobility: just under 40 percent said they wanted to change their mobility behavior as a result. The trend is clearly toward more pedestrians (+64 percent) and cyclists (+50 percent). The respondents also want to fly less frequently in the ...
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News briefsDecathlon France offers marking and engraving for bicycles to prevent theft
In France, legislation was recently passed that makes it mandatory to mark bicycles to protect them from theft. All new bicycles sold in the country since January 1, 2021, must bear an engraved “Bicycode” identification number and be registered in a national registry. This measure will also be extended to ...
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News briefsHestra relaunches webstore to grow and expand its business
Swedish glove specialist Hestra, founded in 1936, is expanding its digital business. As reported by ehandel.se, the company has been working with e-commerce agency Grebban for the past year to develop a global and modern e-commerce solution. Chris Weber, country manager Central Europe, told The Outdoor Industry Compass that the ...
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News briefsEurobike ticket store is open
According to Messe Friedrichshafen, the Eurobike show (Sept. 1-4) will be taking place in accordance with the Covid regulations in force for events in the German state of Baden-Württemberg. Admission requirements are proof of overcome infection, complete vaccination or a valid negative test certificate. Trade visitors can now buy their ...
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News briefsHerrmans Bike Components with new CFO
Source: Herrmans Oy Shayekh Ahmed, CFO On January 1, 2020, Finnish company Herrmans Oy Ab had officially reorganized itself by splitting the business of its two divisions Bike Components and Worklights into two independently operating companies. Since then, the Finnish group has been working on the unbundling ...
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News briefsPierer E-Bikes recruits two former Magura executives to its management
Source: Pierer E-Bikes GmbH Olaf Müller Pierer E-Bikes GmbH (brands GasGas Bicycles, Husqvarna E-Bicycles, R Raymon), the bicycle and e-bike subsidiary of Austrian two-wheeler specialist Pierer Mobility AG, has strengthened its management team with two former Magura managers. While Olaf Müller joins the e-bike supplier’s management team ...
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News briefs
USWE starts trading on Nasdaq First North Growth Market
Swedish company USWE Sports AB, founded in 2007 and specializing in jump-free backpacks and hydration packs for mountain biking, running, skiing, and motorsports, will go public on the Nasdaq First North Growth Market on June 24. Earlier this month, the company had completed its offering to the general public in ...
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News briefsZwift is the presenting partner of the new women’s Tour de France
The online fitness platform Zwift has been named the presenting partner of the new Tour de France for women, organized by Amaury Sports Organisation (ASO). The inaugural edition of the women’s cycling event, which will be called Tour de France Femme avec Zwift, is scheduled to take place from July ...
