All Bike & eBike articles – Page 80
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News briefsProtective equipment maker G-Form acquired by Eldridge Industries
On April 9, U.S. protective equipment maker G-Form announced that it has been acquired by Greenwich, Connecticut-based investment holding company Eldridge Industries. Details of the purchase price were not disclosed. The transaction provides the brand, known for its protectors for a variety of team sports including baseball, soccer, field hockey ...
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News briefsKirschner Fahrradmanufaktur launches third bike brand
This season, the German premium bicycle supplier A.&A. Kirschner Fahrradmanufaktur is rolling out a third brand. In addition to Falkenjagd, which specializes in titanium frames, and Rennstahl, which specializes in steel frames, there is now a third premium brand, Parapera. This one relies on carbon frames for the comparatively young ...
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News briefsCarbon specialist REIN4CED receives further financial boost
REIN4CED, a specialist in lightweight fiber-reinforced composites, has successfully completed its €7 million Series B capital increase led by European venture capital firm Capricorn Partners NV. This capital injection is intended to support the Belgian carbon expert on its ambitious path “to become the leading supplier of lightweight, strong and ...
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ArticleHervis with new flagship stores focusing on bike and outdoor
Source: Hervis Nina Kronberger, sales manager Vienna region, and bike store manager Thomas Radon At the end of March, Austrian sporting goods chain Hervis Sports, which belongs to the Spar group, opened a new bike flagship store after transforming a regular multi-category store in the Stadlau district ...
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News briefs
New CFO for Hövding
Swedish company Hövding, maker of an airbag collar for cyclists, has recruited Per Holmqvist as the company’s new CFO, effective mid-June 2021. Holmqvist was most recently head of group business control at Heimstaden, a Swedish real estate development company. Before that, he led the controlling at Bygghemma Group Nordic, a ...
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News briefs
Uvex Group opens online brand shop
The German Uvex Group is further developing its digital business models and opening an online brand store for end consumers that carries all Uvex Group brands and their B2C-ready assortment. This includes sports and leisure equipment from Uvex and Alpina, as well as safety products for the workplace. Also available ...
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ArticleGlobal bicycle stocks Q1 2021: The soaring continues
While most of the existing problems caused by the Corona crisis have yet to be resolved, the global stock market is relying on hopes — hopes for a bright post-Corona future. Instead of going into crisis mode, it is simply bypassing all the economic killers that are piling up. Supported by further stimulus packages and the open money floodgates of central banks, the stock market remains high. Our cycling stock chartists are ahead of the curve. They rely on another serious advantage: the bicycle and e-bike sales boom pushed by Corona led to excellent business figures last year. These were announced in the first quarter of this year. Some of the record results were a good impetus for the development of the share value in Q1 2021.
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ArticleTaiwan’s 2020 exports: It’s all about e-bikes
How did Taiwan’s valuable bicycle and e-bike unit and value exports master challenging 2020 - the so-called “Corona Year One”? Export statistics published by the Taiwan Bicycle Association (TBA) provide detailed information.
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ArticleInvestor acquires majority stake in Elastic Interface maker Cytech
With an initial investment from its private equity fund PM&Partners III Fund, Italian private equity firm PM&Partners SGR has joined Cytech (aka Cyctech Group aka Cypad Group) as a majority shareholder. The investor intends to support the group in its ambitious development plans. The management team, which will continue to ...
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News briefs
MAAP and New Era launch cycling cap for hot weather conditions
MAAP, the Australian cycling apparel specialist, has joined forces with headwear maker New Era on a new cycling cap specifically designed for the hottest riding conditions. The Stealth Performance Cap is made of sweat-wicking and highly breathable fabrics. The laser-cut perforations through the center are said to offer maximum airflow. ...
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News briefsSteelworks by Thyssenkrupp ceases innovative steel frame project
Five years ago, a group of enthusiastic road-biking employees at Thyssenkrupp wondered what would be possible today with a road bike made of steel. This idea gave rise to the steel giant offshoot Steelworks by Thyssenkrupp. The goal was to “bring all the advantages of steel to a road bike ...
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News briefs
German Bicycle Industry Association welcomes new managing director
On April 1, Burkhard Stork officially took over as the new managing director of the German Bicycle Industry Association (ZIV). He is filling the big shoes of former Siegfried Neuberger, who passed away suddenly in the middle of last year. Stork is no newcomer to the industry. He already served ...
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ArticleThule sets new sustainability targets
Thule Group achieved better-than-expected results in 2020 by riding the strong global bike trend that started in June. Sales rose by 11.2 percent from the previous year to 7,828 million Swedish kronor (€777.1m-$942.7m) or 13.1 percent in constant currencies. In its annual report, the Swedish company attributed these results to ...
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News briefsSchwalbe producer Ralf Bohle strengthens management team
Source: Ralf Bohle GmbH Nico Simons German Ralf Bohle GmbH, the manufacturer of the bicycle tire brand Schwalbe, has added a fourth executive to its previously three-person management team consisting of Frank Bohle, Holger Jahn and Andreas Grothe. On April 1, long-time sales manager Nico Simons was ...
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News briefsTaizo Shimano appointed new president of Shimano
Source: Shimano Taizo Shimano Shimano, the global leader in bicycle components, announced some structural changes at its 114th general meeting of shareholders and the board of directors on March 30. Yozo Shimano, currently serving as the fifth president and the first president from the third generation of ...
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News briefsEtnies presents Brandon Semenuk MTB pro shoe (Video)
Brandon Semenuk, a Canadian freeride mountain biker from Whistler, BC, three-time Freeride Mountain Bike World Tour gold medalist and recognized in the scene as one of the best freeride mountain bikers of all time, has launched his first Etnies pro shoe, the Semenuk Pro, along with his latest video project, ...
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ArticleZweirad Union unveils production plan for Sangerhausen factory
Following the takeover of insolvent German bicycle manufacturer Sachsenring Bike Manufaktur in mid-February, the new owner, the German Zweirad Union E-Mobility und Produktion, has now communicated the first roadmap and outlines for future market-oriented bicycle production in the Sangerhausen plant. Behind the newly founded Zweirad Union E-Mobility stands an unnamed ...
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ArticleGiant Group sets further sales and profit records in 2020
For fiscal 2020, Taiwan’s largest bicycle manufacturer, Giant Group, reports total sales of New Taiwan Dollars 70.01 billion (€2.08bn-$2.45bn). This is an increase of 10.3 percent compared to the previous year. Rising global demand for both traditional and e-bikes also led to record profits. At TWD 4.95 billion (€147.29m-$173.43m), profit ...
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News briefsEnve Composites offers first custom carbon frames “Made in USA”
Since Amer Sports was acquired by Chinese sporting goods multi Anta Sports in 2019, the Finns (following the Mavic sale in mid-2019) have had only one bike product left in their portfolio. Now Enve Composites, one of the leading exponents of the finest carbon bicycle wheelsets and components among carbon ...
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ArticleMTB cycletech manufacturer Velobaze calls it quits
On March 25, partners, dealers and suppliers of Swiss MTB Cycletech producer Velobaze received the news that the manufacturer’s business operations “will be discontinued with immediate effect due to the current economic situation.” According to the Velobaze board of directors, this step had to be taken despite significant financial investment ...
