All Bike & eBike articles – Page 85
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News briefsNew President Americas at Thule Group
Hilary Hartley has been named Thule Group’s Americas business area president and will join the global corporate leadership team, reporting to CEO and president Magnus Welander in Sweden. Fred Clark, who currently holds the role of Americas region president and announced his decision to retire last fall, will remain with ...
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News briefs
Burley hires market specialist to expand European market
Burley, an Oregon-based specialist in bicycle accessories and child transportation solutions founded in 1978, is strengthening its sales and marketing team with the addition of Frank Schreiner. Schreiner is a veteran bicycle industry consultant with more than two decades of experience growing brands in Europe. Between 2010 and 2013, he ...
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ArticleBike Exchange: IPO on Australian Stock Exchange
Source: Bike Exchange The Australian company behind Bike Exchange, Rpro Holdings Limited, went public with its “world’s leading digital bike marketplace.” Since Feb. 9, the marketplace has been listed on the Australian Securities Exchange (ASX) in Sydney under the name Bike Exchange Limited. The share code is ...
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News briefs
Bafang Europe’s GM to leave the company
After six years as general manager of Chinese e-bike drivetrain giant Bafang in Europe, Jack Brandsen will leave the Wijchen, Netherlands-based company on March 31. Brandsen joined Bafang Electric Motor Science-Technology B.V. in 2014, where over time he built a strong team of service, sales and administrative specialists. Both the ...
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Article2020 another record year for Pierer Mobility
According to first preliminary figures, Austrian two-wheel giant Pierer Mobility AG closed the 2020 fiscal year with its tenth record in a row. The group sold a total of 326,471 motorcycles and e-bikes. With this number, the stock-listed company generated total sales of €1.53 billion in 2020. However, this is ...
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News briefsRiese & Müller is growing consistently
The German premium e-bike supplier Riese & Müller (R&M) is adding a new administration and production building to its ”green” state-of-the-art campus in Mühltal near Darmstadt. Construction work on the new structure will begin in May and is scheduled for completion in July 2022. Following the commissioning of a new ...
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News briefs
UYN supports Omar Di Felice in the Himalayas
UYN (Unleash Your Nature) has announced a new partnership with Omar Di Felice, the two-time Italian ultra cycling champion (races >300km) and adventure traveler. In addition to becoming a brand ambassador, Di Felice will collaborate with the company’s R&D lab to test UYN products in extreme situations. The 39-year-old athlete ...
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News briefsU.S. e-bike supplier Rad Power Bikes receives further cash injection
Rad Power Bikes, which claims to be the largest e-bike provider in North America, has received another $150 million investment. The D2C e-bike brand, founded in 2007, received the amount from an investor conglomerate that includes Counterpoint Global (Morgan Stanley), Fidelity Management & Research Company, The Rise Fund, a global ...
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News briefsRuff Cycles expands management team
After steady growth in recent years, German Ruff Cycles founder and CEO, Petar “Pero“ Desnica, has promoted his old school friend and head of marketing, Tuong “Mark“ Ngauv, to the management board. Both will now steer the manufacture, which has attracted attention with eye-catching choppers and cruisers (including electrified ones), ...
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ArticleVista Outdoor’s momentum continues
Vista Outdoor reported another record set of results for the third quarter, after a better-than-expected second quarter, led by ammunition sales and revenues from the recently-acquired Remington business. The U.S.-based manufacturer of ammunition and outdoor sports products said that sales surged by 35 percent in the three months ended Dec. ...
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ArticleMyStromer opens EU service center in the Netherlands
On Feb. 1, Swiss s-pedelec pioneer MyStromer opened a new EU service center in Treurenburg, the Netherlands. Kobe Broos, former market manager, Stromer Benelux, was appointed managing director of the new subsidiary Stromer Europe B.V. In a first step, accessories and spare parts for EU customers will be delivered directly ...
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News briefs
Mips divides product offering into five classes for better diversification
To help brands and consumers select and diversify its products, Mips, the Swedish provider of the eponymous helmet safety technology, has introduced a new product range to better define its helmet safety products and classify them according to their intended use. All future Mips-equipped helmets will be branded with the ...
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News briefsWest Kiteboarding is the ISPO Brand New 2021 Overall Winner
In a live digital pitch on Feb. 1, the first day of ISPO Munich Online, the ten finalists of the ISPO Brandnew Awards 2021 competed for the title of Overall Winner as the most innovative startup of the year. Each startup had 90 seconds to convince the audience in the ...
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ArticleAre digital trade shows here to stay?
Source: OR Winter Online Many trade shows moved to digital platforms due to Covid-19 in 2020. It is too early to tell if 2021 will continue the pattern, but outdoor industry giant Emerald Holding Inc. just held its 2021 Surf Expo show in Orlando, Florida, live and ...
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News briefs
Bianchi with new French division
Bianchi, the Italian bike company owned by Cycleurope since 1997, is setting up a new “France division” headed up by Christoph Soenen, a French manager who worked previously for Royal Velo France, Mavic, Campagnolo and Ekoï. The brand was previously distributed by the French subsidiary of Cycleurope along with Peugeot ...
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ArticleE-bike frame manufacturer Astro cooperates with electronics giant Darfon
To further advance the electrification of bicycles, Taiwan’s high-end OEM and ODM frame manufacturer Astro Engineering has entered into a cooperation with laptop/computer keyboard and electronic component manufacturer Darfon Electronics. On Feb. 1, this new strategic alliance officially became Astro Tech Co. Ltd. Based on the essence of e-bike design, ...
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News briefs
Dorel raises purchase price to go private
Cerberus Capital Management has agreed to pay 10.3 percent more than previously planned to acquire control of Dorel Industries – whose assets include major bicycle brands such as Cannondale, Schwinn, GT, Mongoose, Caloi and IronHorse – following exchanges and discussion with shareholders holding more than 50 percent of the group’s ...
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News briefsSyring to leave Thule, Dittmer takes over Central European sales
Thule Group announced on Jan. 29 that company veteran Wolfram Dittmer will assume sales responsibility for Central Europe as a result of the resignation of Thomas Syring, who led the Swedish brand’s Central European sales for the past four years. In total, Syring had been with the company for nearly ...
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News briefsArgon 18 to open European headquarters
After Copenhagen-based investor Henrik Lyngbye Pedersen and his company, Bregnerød Investeringsselskab Aps, increased their stake in Canadian road cycling and triathlon outfitter Argon 18 to a strategic (albeit undisclosed) majority stake in early 2019, ties to Denmark have now been further strengthened: On Jan. 26, the Montréal, Québec-based premium bike ...
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News briefsDorel to appeal decision on retrospective tax payment in Europe
Montréal-based company Dorel Industries said it plans to appeal a decision that would force one of the company’s subsidiaries to pay €46.8 million in taxes plus interest in connection with the transfer of certain assets made in the context of an international corporate reorganization made in 2015. The decision was ...
