Bike & eBike – Page 11
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ArticleHigh-end bicycle market to post CAGR beyond 6% in 2024-2028
The growing adoption of e-bikes in developing countries is boosting the market.
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ArticleSchwan-Stabilo’s Outdoor brands report 14.1% revenue decline, maintains optimistic outlook
While the group reported a 6.2% decline in sales for the FY, Outdoor suffered a double-digit decline due to market saturation. The group remains optimistic and focuses on innovation and sustainable growth.
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ArticleDecathlon plans major expansion in Germany by 2027
The global sports retailer announces significant investment and growth plans to enhance accessibility and modernize shopping experiences in Germany.
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News briefsOrtlieb expands international repair network
The German outdoor gear company expands its repair network, promoting sustainable practices and reducing the environmental impact across Europe.
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ArticleShimano partners with IMBA Europe to advance MTB sustainability
A collaboration aims to enhance trail building, environmental stewardship and access for mountain biking enthusiasts across Europe.
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ArticleDespite sales decline in first three quarters, Ideal reports reduced loss
Despite a sharp revenue decline, the Taiwanese bicycle manufacturer cuts losses significantly, showing resilience after 2023’s major customer insolvencies.
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News briefsMerida reports Q3 sales growth but profit decline
Taiwan’s second-largest bicycle manufacturer sees revenue growth despite profit setbacks, navigating challenging global market conditions with resilience.
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News briefsProxy firms back Vista Outdoor’s CSG deal
Leading proxy advisors ISS and Glass Lewis endorse Vista Outdoor’s $2.225bn sale of The Kinetic Group to Czechoslovak Group.
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News briefsJack Wolfskin remains in turnaround mode
Topgolf Callaway is restructuring the outdoor brand’s cost base and product strategy, with improving sell-throughs and strong performance in China.
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News briefsRevo Partners with Sporty Outdoor for Nordic Expansion
The US-based eyewear brand partners with the Nordic distributor to expand regional reach.
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ArticleGiant Group's results still affected by high inventories
The Taiwanese group is facing a decline in sales and challenges in the market in the first three quarters despite strong growth in China and new indoor cycling ventures.
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OpinionMark Held: OutDoor – a time for decisions
This message by Mark Held, former EOG President, urges the outdoor industry to embrace OutDoor’s revamped model, which offers new, cost-effective opportunities.
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ArticleThule Group acquires Quad Lock
The Swedish group expands its portfolio with the strategic acquisition of the Australian phone mount specialist.
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News briefsCastelli launches Ultra Rain Cape for cyclists
The new cycling rain cape made with Polartec Power Shield RPM offers superior weather protection, breathability and packability.
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News briefsNew cycling shoes with Boa Fit
The German brand Canyon’s new collection of cycling shoes features the Li2 adjustment system.
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ArticleBike24 sees modest Q3 growth, maintains 2024 forecast
The e-tailer posted 2.9% Q3 revenue growth, driven by strong bike sales and strategic pricing, while focusing on profitability in a challenging market.
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ArticleAccell Group secures creditor support for recapitalization
The company’s creditors approved the restructuring plan, paving the way for recapitalization implementation.
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ArticleUSWE reports improved earnings in Q2 despite sales challenges
The Swedish hydration gear specialist shows resilience with improved Ebitda and expanded distribution network despite slight revenue decline.
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News briefsJack Wolfskin expands UK partnership with Bleubird
The German outdoor brand strengthens its UK presence through a new agreement with a regional distributor to support independent retailers.
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ArticleFox Factory bicycle product sales on the rise again
The acquisition of Marucci Sports has impressively increased the sales of the suspension expert’s Sports Specialty Sports Group in Q3, despite a downward trend in the other segments.
