Bike & eBike – Page 18
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News briefs
BECYCLE returns to Florence in March 2025
The Italian cycling and bike tourism show will return to Stazione Leopolda from March 15 to 17.
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Article
USWE reports marginal sales decline in Q1 amid logistical challenges
The Swedish company reports a challenging Q1 with a 2% drop in sales and logistics issues, but is now focusing on market expansion and improving profitability for future growth.
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Article
Fox Factory sales down, SSG sales increase mainly due to Marucci takeover
The suspension specialist’s Q2 results showed a 13% sales drop, driven by double-digit declines in PVG and AAG sales. However, SSG saw a 17.8% increase, mainly due to the Marucci Sports acquisition and a 52% rise in bicycle brand sales compared to Q1.
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News briefs
DBDtools entering Iberia
The Slovenian firm has reached a distribution deal for Spain and Portugal.
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News briefs
National Outdoor Expo and National Cycling Show to be combined in 2025
In 2025, the National Outdoor Expo and the National Cycling Show will be held together at the NEC in Birmingham to offer visitors an even more comprehensive and enriching experience.
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News briefs
Porsche eBike Performance GmbH welcomes new quality officer
Porsche’s eBike subsidiary has hired a new executive to manage quality from strategy to implementation and synchronize the processes and methods with the parent company.
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News briefs
Northwave has a new distributor in North America
The Italian cycling brand has selected HLC as its new distribution partner for the US and for its market entry in Canada next month.
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Article
Garmin adjusts FY guidance
Sales in the Outdoor segment fell by almost 2 percent due to lower sales of its adventure watches, but Garmin still achieved overall operating income growth of 20 percent with a 14 percent total revenue expansion.
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News briefs
New Trek bike partly made from special polymers to reduce carbon footprint
Parts on Trek’s new Madone Gen 8 road bike have a lower carbon footprint thanks to the partial use of recycled materials.
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News briefs
Outdoor Research launches MTB collection
OR’s first mountain bike collection, called Freewheel and originally announced for Spring 24, is now available for consumers.
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Article
Bicycle sales slump in Europe weighs on Shimano’s overall business
Announcing a 17.6% drop in total net sales in H1 2024, the world’s leading manufacturer of bicycle components blames macroeconomic turbulences in geopolitically tense times.
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News briefs
Scott USA has as new COO
Scott Sports’ US subsidiary has appointed Jake Dudek, formerly VP of Commercial Operations at Signa Sports United, as the company’s new Chief Operating Officer.
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News briefs
Thule acquires trailer company
Reacha, a German brand of small trailers, mostly designed for bicycles and water sports equipment, is the latest addition to the Swedish Thule Group.
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News briefs
Strava appoints new General Counsel
Former Allbirds General Counsel Daniel Li brings extensive legal experience and has led two IPOs.
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News briefs
Cirrus Cycles appoints new President
The Washington State-based bike parts and accessories manufacturer appointed Lindsay Cousley.
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Article
Swedish sports retail sees 2.5% decline in Q2 sales, bicycle sales on the rise
While Swedish sports retail in general has declined for the tenth consecutive quarter in Q2 of 2024, bicycle sales appear to be recovering, growing by an impressive 10% compared to the previous quarter.
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News briefs
Belgian Cycling Factory strengthens IBD commitment
Bicycle supplier Belgian Cycling Factory – parent of the Eddy Merckx and Ridley brands – is expanding its team of country managers as part of a new IBD business model.
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Article
Founding family takes over on occasion of Norco Bicycles’ 60th anniversary
Independent bicycle wholesaler Norco Bicycles – renamed Live to Play Sports Group Inc. in 2011 – is no longer managed by the Lewis and Zalkow families.
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Article
Bicycle industry veteran launches virtual marketplace for OEM components
When “Mr. Koga” Pieter-Jan Rijpstra left the Dutch bicycle company Accell Group after 22 years at the turn of 2023/2024, he had a new project in mind. At the heart of his own, newly founded industry consultancy Bike Expert Interim Consultancy B.V. (BEIC) is an online platform of the same ...
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News briefs
Austrian e-bike contract manufacturer WSF Technology liquidated
The administrator announced in July that the young Austrian bicycle and e-bike contract manufacturer WSF Bicycle Technology GmbH would be liquidated, which means that the company’s assets are being sold.