Bike & eBike – Page 38
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News briefsDeuter donates €5,000 to EOCA project
Source: Deuter The Guide 34+8 on the 10th leg of the Deuter Anniversarally As part of Deuter’s 125th anniversary, a limited edition Guide 34+8 backpack set off on a 60-day journey across the countries of Germany, Austria, Italy and Portugal under the title “Deuter Anniversarally,“ which started ...
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News briefsNew Cycle becomes shareholder and partner in Freebike
Oldenburg, Germany-based New Cycle GmbH (formerly Cycle Union) has joined Dutch e-bike provider Freebike B.V., based in Rosmalen, as a minority shareholder. Details of the acquisition, what minority stake New Cycle is now holding in Freebike and what was paid for it were not disclosed. With New Cycle, the Freebike ...
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ArticleR Raymon and Pierer New Mobility part ways
Source: R Raymon Susanne and Felix Puello The first rumors of a separation surfaced when the R Raymon bicycle brand, founded by German bicycle industrialist couple Susanne and Felix Puello, was not featured at this year’s Pierer New Mobility booth at Eurobike in Frankfurt. Now Pierer New ...
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News briefsMavic bolsters OEM offering with business unit manager
Source: Mavic François Joly Targeted investment in the modernization of domestic production facilities at its historic Saint-Trivier sur Moignans production site will enable Mavic, the traditional French bicycle components brand to respond even faster to the changing needs of its customers, the company said. In this context, ...
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ArticleCycling industry veteran joins POC as new CEO
Source: POC Derek Bouchard-Hall, new CEO at POC POC, the Swedish manufacturer of helmets, eyewear, protective equipment and apparel founded in 2005, has appointed Derek Bouchard-Hall as its new CEO, effective immediately. He succeeds Jonas Sjögren, who served as POC’s CEO since early 2017, and will be ...
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News briefsMips launches Virtual Test Lab, reduces environmental impact, lead time and costs
Swedish helmet safety specialist Mips is advancing helmet testing with its Virtual Test Lab (VTL). The innovation uses cutting-edge computer science with the goal of virtually predicting how new helmets will perform in real-world impacts, providing insights faster and more efficiently than physical testing. This method has the potential to ...
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News briefsSRAM Group expands leadership team
SRAM Group, the parent of the bicycle component brands Avid, Hammerhead, Quarq, RockShox, Truvativ, Quarq, SRAM, Time Sport Pedals, Truvativ, and Zipp and bikewear brand Velocio, has expanded its leadership team with both an internal promotion and a new hire. The new executives work out of the global headquarters in ...
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News briefsNorthwave launches sustainably designed mountain bike shoe
Source: Northwave ReRUBBER hybrid sole by Michelin Italian brand Northwave presents the Tailwhip Eco Evo, a new shoe designed using sustainable materials and focusing on circular economy and durability. Northwave calls the shoe an ecological evolution of the existing performance model Northwave Tailwhip, a flat pedal mountain ...
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News briefsGerman bike chain B.O.C. continues expansion
On Sept. 28, German bicycle chain and omnichannel retailer Bike & Outdoor Company GmbH & Co. KG (B.O.C.) will open its 44th store nationwide in the Ruhr metropolis of Essen. The new store is located at Altendorfer Strasse 11 in what used to be a Conrad Electronic store. With an ...
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News briefsSpecialized opens new bike store in Munich
Source: Specialized Back with a big bike store in the Bavarian metropolis: US bicycle outfitter Specialized After the long-time Specialized Concept Store Munich operator Alpha Bikes showed the American bike maker the red card (after 24 years, Alpha Bikes was not happy about the distribution change of ...
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ArticleRotor taking a hit in revenues
Rotor, the Spanish manufacturer of bicycle components, had the best year in its history in 2022, when revenues fell just shy of €22 million, improving by 30 percent on the previous year, but things have since slowed. The first half of 2023 produced a 25 percent drop in sales, and ...
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News briefsTrerè’s Titici bicycle brand opens US subsidiary
Premium bicycle brand Titici opened its first US subsidiary in Boston, Massachusetts, in August. The brand, under the umbrella of Italian textile supplier Trerè lnnovation (manufacturer of technical apparel brand UYN Sportwear, among others), aims to score points in the US with its road, gravel, mountain and e-bike products. Thanks ...
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ArticleVW’s financial service takes a stake in Pon’s bike leasing subsidiary
On Sept. 4, the Volkswagen Group announced in a side sentence at a press conference (much of which was about cars and less about bikes) at the IAA Mobility press day in Munich that it planned to enter the bike leasing business. Pon Holdings B.V., a company familiar with the ...
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News briefsRevenues just keep rising at Trek Spain
With the close of its financial year 2022, Trek Bicycle’s Spanish subsidiary has racked up at least six consecutive years of record revenues, according to CMDsport. This time around, revenues amounted to €57.32 million, up almost 33 percent from FY 2021’s €43.15 million. This was both the company’s first time ...
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ArticleVista Outdoor announces public filing to spin off its outdoor product brands
Vista Outdoor Inc., the parent company of 41 sports and outdoor brands, filed a public registration statement on Form 10 with the Securities and Exchange Commission (SEC) on Sept. 5, 2023, in connection with its previously announced plan to separate its Outdoor Products and Sporting Products segments into two independent, ...
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ArticleKSR Group files for court-supervised restructuring proceedings
Austrian two-wheeler wholesaler and importer KSR Group announced on Sept. 6 that it will file for court-ordered restructuring proceedings. Due to increased energy prices, high inflation and the loss of customers’ purchasing power, the economic situation has changed drastically over the past year in the markets served by the family-owned ...
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News briefsThule opens pop-up in Taipei with Hong Kong artist Shawn Yue
In late August, Thule announced the opening of its pop-up store in Taipei’s vibrant Xinyi District. It is located in A13, Far East Departure Store, a prime department store in Taiwan, similar to Galerie Layette in Paris. The temporary store opened on Aug. 25 and will operate until Sept. 17, ...
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News briefsMcLaren’s electric scooter division acquires troubled e-bike maker VanMoof
Lavoie, the electric scooter unit of F1 engineering and technology company McLaren Applied, has reached an agreement to buy bankrupt Dutch e-bike maker VanMoof. The company also announced that it will invest in stabilizing and expanding the business. Terms of the acquisition were not disclosed, but McLaren Applied Chairman Nick ...
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News briefsPon.Bike acquires Italian cycling shoe brand Nimbl
Pon.Bike, the subsidiary of Dutch family holding company Pon Holdings B.V., which has become a leading European cycling company with more than 15 brands, has acquired the emerging premium cycling shoe brand Nimbl, based in Porto Sant’Elpidio, Italy. Details on the sale price were not disclosed. Founded in 2020, Nimbl ...
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ArticleMips acquires 25% in US sensor tech firm
Swedish helmet safety specialist Mips AB has entered into an agreement to acquire 25 percent of Dallas, Texas-based sensor technology company Quintessential Design, Inc (Quin Design) for $7.3 million. Quin is an ingredient brand for event detection technology and has been providing specialized sensor fusion and software for helmet brands ...
