All Bike & eBike articles – Page 88
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ArticleGerman bike company Canyon bought by Belgian Adidas shareholder
Groupe Bruxelles Lambert (GBL), a major Belgian-based investment company, has agreed to take over majority control of Canyon Bicycles, the German bike producer known for its direct-to-consumer approach. Roman Arnold, a former supplier of bike components who founded the brand in 2002, will reinvest a significant part of the proceeds ...
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News briefs
The owner of the London Bike Show has ceased trading
Newtimber Media, the owner of the London Bike Show and Triathlon Show, has ceased trading. In 2018, Newtimber Media took over from Telegraph Events, which managed the show for four years. Last year’s was only the first show produced by Newtimber. The 2020 edition did not take place due to ...
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News briefs
Alpkit to expand into Scotland in 2021
Alpkit, an outdoor brand from Nottinghamshire, England, has announced plans to open its first Scottish store in Edinburgh early next year. The store, which will be located on Edinburgh’s Causewayside, is reportedly recruiting 12 staff members. In addition to selling gear to hike, climb, camp, run, swim and cycle, the ...
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News briefs
Urwahn introduces its “Fairframe” label
Urwahn has launched its new Fairframe label, which is meant to “sensitize the bicycle industry and also society for the use of fairly produced and traded bicycles,” the company explained. The steel frames of Urwahn bicycles are produced entirely in Germany. Furthermore, its frame production relies on 100 percent recyclable ...
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News briefs
CONEBI renames e-bike working group in honor of Siegfried Neuberger
The Confederation of the European Bicycle Industries (CONEBI) has unanimously decided, on the occasion of its recent general assembly, to rename its e-bike working group as the Neuberger E-Bike Working Group, in honor of the late Siegfried Neuberger. The former managing director of the German Bicycle Industry Association (ZIV), with ...
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News briefs
Continental’s dandelion bike tires win German Sustainability Award
Continental is an award-winner of the 2021 German Sustainability Awards for its Urban Taraxagum bicycle tire, made from dandelion rubber. The product, which won in the Responsible Design category, was selected among 54 finalists for its contribution to the development of an alternative and sustainable supply of raw materials. The ...
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News briefs
Dorel calls special shareholders’ meeting for going-private transaction
The shareholders of Montréal-based Dorel Industries, the parent company of Cannondale, GT, Schwinn and other bike brands, will hold a virtual extraordinary meeting on Jan. 12 to vote on the offer by Cerberus Capital Management to take the company private at a price of CAD14.50 per share. Dorel’s board of ...
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News briefs
UK bike sales up by 60% since March
Retailers in the U.K. have seen bicycle sales increase by 60 percent since March, while e-bike sales have more than doubled. These and other figures are featured in The Impact of COVID-19 on the UK Cycling Market in 2020, an 89-page account of cycling industry sales and growth during the ...
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News briefsThe Gocycle GXi is one of Time Magazine’s 100 Best Inventions
Source: Gocycle Gocycle GXi folded Gocycle has announced that its GXi fast-folding e-bike has been named one of Time Magazine’s 100 Best Inventions. The GXi was unveiled in September 2019, and went on sale early this year. E-bike sales are booming but users often have a hard ...
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News briefsEuropean bike sales to jump 47% by 2030
A new forecast from CIE (Cycling Industries Europe), CONEBI (Confederation of the European Bicycle Industry) and ECF (European Cyclists’ Federation), three industry groups based in Brussels, has predicted that Europeans will buy an extra 10 million bicycles per year by 2030. This would represent an increase of 47 percent as ...
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News briefs
Velocio with new European staff
The American bicycle apparel brand Velocio announced two new hires to drive European growth. Friederike “Ricky” Buckenlei has assumed the newly created role of head of Europe, overseeing all elements of the brand’s European strategy. The position builds on her managerial experience and her previous work with brands such as ...
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News briefsWorld Cycling Forum 2021 takes place during IAA Motor Show in Munich
The World Federation of the Sporting Goods Industry (WFSGI) revealed that the next edition of the World Cycling Forum (WCF) will take place on Sep. 9-10, 2021 during IAA Mobility (Sep. 7-12) at Messe München’s International Congress Center (ICM). Following the relocation of the IAA automobile show from Frankfurt to ...
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News briefs
Cake to collab with "green" battery manufacturer
Cake, the Swedish manufacturer of lightweight electric performance motorcycles and a member of the Scandinavian Outdoor Group (SOG), has signed a letter of intent with Northvolt, a Swedish battery developer and manufacturer, to form a long-term partnership for the supply of sustainable battery cells for their line-up of electric motorcycles. ...
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News briefs
The Italian bicycle market will post record sales in 2020
According to data from ANCMA (Associazione Nazionale Ciclo Motociclo Accessori), the sector’s trade association, bicycle sales in Italy are expected to increase by 20 percent this year as compared to 2019. The pandemic provided the primary drive for the growth, followed by the mobility bonus that was allocated by the ...
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ArticleOutdoor stands out at Schwan Stabilo
The outdoor division of the German Schwan Stabilo Group recorded a drop in revenues for its financial year ended June 30, 2020, due to pandemic-related lockdowns from mid March to early May 2020. Sales declined by 5.1 percent from the previous year to €159.7 million. All four brands in the ...
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News briefsHarley Davidson e-bikes launched in USA and Germany
The Serial 1 Cycle Company, a new U.S. brand specializing in the manufacture of e-bikes and established with the legendary American motorcycle manufacturer Harley-Davidson Inc., today unveiled the details of its first model range. Source: Serial 1 Cycle Company Serial 1, powered by Harley-Davidson The debut of ...
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ArticleGoPro's DTC approach drives profits
The American action camera specialist managed to post a profit for the third quarter thanks to a more intense direct-to-consumer (DTC) approach and strong sales of new products, which helped boost total revenues by 114 percent to $280.51 million. Analysts expected revenues of $234.5 million. GoPro’s net income for the ...
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ArticleVista Outdoor’s shares soar on good results and upbeat guidance
Vista Outdoor, which includes brands such as Bell, Giro, Camelbak, Camp Chef and Bushnell Golf, saw its stock rise by 8 percent after posting strong results for the second fiscal quarter ended Sep. 27. It also released a positive outlook for the next quarter. Sales surged by 29 percent to ...
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ArticleChanging of the guard at Rossignol
(SGI) After 16 years at the helm of Groupe Rossignol, Bruno Cercley will hand over the position of CEO to Vincent Wauters, who joins the company on Dec. 1, to pursue the global development of Groupe Rossignol’s core business while continuing to develop the enormous potential of apparel and e-commerce. ...
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News briefsSunnto starts global Street Art Runs to combine culture and sport during pandemic
Suunto’s user data confirms that the community of runners and cyclists has increased significantly in recent months during the Corona pandemic – another reason to escape the crowded parks and common routes and leave familiar paths behind. Since many cities are full of artworks by well-known artists that are easily ...
