Bike & eBike

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    Article

    MyStromer reaches overall settlement with Revolt

    2024-03-27T16:51:00Z

    After the Swiss Federal Patent Court and previously the Unified Patent Court ordered a preliminary prohibition on manufacturing and marketing against the Swiss company Revolt Zycling AG due to patent infringement for its previously marketed Opium bikes, Swiss S-pedelec pioneer MyStromer AG is now resolving the legal dispute with a ...

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    News briefs

    Vittoria tire technology in trail running shoes from Craft Sportswear

    2024-03-27T15:52:00Z

    Swedish brand Craft Sportswear and Italian bicycle tire firm Vittoria have teamed up to create the Craft Xplor, a running shoe that utilizes Vittoria gravel cycling technology. The Craft Xplor, inspired by the versatility of gravel bikes, is meant to provide the same hybrid capabilities, feeling like a road shoe ...

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    Article

    Belgian Cycling Factory strengthens management with two industry veterans

    2024-03-27T15:28:00Z

    Belgium’s largest bicycle manufacturer Belgian Cycling Factory (BCF) – the umbrella of the brands Ridley, Eddy Merckx Bikes (including their independent steel frame range Corsa) and the Bike Valley competence center – has hired two experienced industry experts. Eugene Fierkens was appointed as General Manager Strategy & Business, and Edward ...

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    Article

    Decathlon Germany launches bike leasing with JobRad

    2024-03-26T16:19:00Z

    From April 3, 2024, employees of over 70,000 companies across Germany who cooperate with JobRad will be able to lease bicycles from Decathlon Germany starting from a total leasing value of €750, as well as all Decathlon e-bikes. Leasable accessories include lighting, mudguards, bicycle bells, and even child seats. After ...

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    Article

    Bike24 reports high 2023 loss due to impairments, depreciation and amortization

    2024-03-26T15:01:00Z

    After listed online retailer Bike24 Holding AG announced its first preliminary figures for FY 2023 at the end of February, the Dresden-based company has now presented its annual report with all the relevant details. This includes value adjustments and write-downs, which did not yet play a role, ...

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    Article

    Slump in sales of bike helmets causes two-digit drop in Mips’ 2023 results

    2024-03-24T13:22:00Z

    The Swedish supplier of safety technology for helmets, Mips AB, closed FY 2023 with a 37 percent decline in sales (39 percent adjusted for currency effects) compared to the previous year and achieved total sales of SEK 357 million (€31.20m). According to the company, the double-digit drop in sales is ...

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    News briefs

    Canyon extends deal with van der Poel until 2034

    2024-03-23T02:20:00Z

    Canyon Bicycles has announced a ten-year agreement with World Road Cycling Champion Mathieu Van der Poel, the “longest-known contract in modern-day cycling,” said the brand. Canyon’s partnership with the 29-year-old Dutch rider started in late 2017 and will now run until the end of 2034. Van der Poel rides a ...

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    News briefs

    Recco enters into strategic partnership with Alpine Club of Canada

    2024-03-22T00:09:00Z

    Recco has entered into a strategic partnership with the Alpine Club of Canada (ACC). The partnership will enhance the safety of the ACC volunteer network, educate the ACC community at large about backcountry safety and findability, and contribute to Recco’s mission of enabling findability for all backcountry users. Headquartered in ...

  • Ideal Bike Corporation Logo
    Article

    At Ideal Bike, the market slump was accompanied by two client bankruptcies

    2024-03-19T10:43:00Z

    As we have already reported, the two Taiwanese industry leaders Giant Group and Merida had to contend with declining sales trends last year. Taiwan’s third-largest bike manufacturer, Ideal Bike Corporation, was hit even harder by some inherited loss-making issues. Last year, the Taiwanese company not only had to cope with ...

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    News briefs

    Merida reports two-digit 2023 decline in sales and profit

    2024-03-19T10:22:00Z

    Taiwan’s second-largest bicycle manufacturer Merida Industry Co., Ltd. achieved total sales of TWD 27.16 billion (€787.84 million) in FY2023. Compared to 2022, this is a decline of 26.4 percent. Although Merida is also a public company, it only publishes the figures it is required to publish. At TWD 3.39 billion ...

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    News briefs

    CamelBak and Grofa launch hybrid distribution model in Germany, Austria

    2024-03-16T09:31:00Z

    The Petaluma, California-based specialist for hydration systems and water bottles CamelBak has announced that Grofa Actions Sports GmbH will be its new distribution partner for Germany and Austria from April 1, taking over from the brand’s previous partner, Hartje. With Giro, Bell and Blackburn, Grofa already represents other brands from ...

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    Article

    ZIV: German bicycle industry defies consumer climate

    2024-03-15T07:53:00Z

    The German Bicycle Industry Association (ZIV - Die Fahrradindustrie) presented its market data for 2023. Contrary to expectations and the generally negative consumer climate, both bicycle production and bicycle sales once again reached a very high level in 2023 – comparable to the Covid-related bicycle boom year of 2020. Overall, ...

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    News briefs

    Giant suffers double-digit decline in sales, profit in 2023

    2024-03-14T08:33:00Z

    Taiwanese Giant Manufacturing group blamed the falloff on weak demand for entry- and mid-level bikes in Europe and North America and high inventory levels in the global market. The group did point out that there remains a “strong demand” for performance products in Europe and North America and that the ...

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    News briefs

    Leatt generates higher DTC sales in down year

    2024-03-14T08:33:00Z

    Leatt, the South African developer and marketer of protective equipment for extreme and high-velocity sports, experienced the first indicators of a recovery in certain segments in Q4 despite 2023 being a challenging year for the cycling and motorcycle industries. The final period net loss was $1.46 million versus a ...

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    News briefs

    Taipei Cycle 2024 focused on sustainability

    2024-03-13T12:34:00Z

    The latest edition of Taipei Cycle, which ran on March 6-9, attracted 23,000 visitors. International buyers primarily came from Japan, China (including Hong Kong), the US, South Korea and Singapore. The trade show focused on four key themes that reflected the industry’s commitment to sustainability: Micro Mobility, Green Action, Startup ...

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    News briefs

    Maap opens first European LaB store

    2024-03-11T15:09:00Z

    Maap, a Melbourne-based cycling apparel brand, has finally opened its new Maap LaB in Amsterdam, which the brand had announced last summer. It is the brand’s first retail concept store outside of Australia. “LaB” stands for Life Around Bikes, an inclusive concept “at the intersection of contemporary creative culture and ...

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    News briefs

    Bourrelier Group appoints Managing Director for Mavic

    2024-03-11T10:08:00Z

    Source: Mavic Alberto Morgando After working with Jean-Michel Bourrelier for more than five months, Alberto Morgando officially took over the position of Mavic Managing Director on Feb. 20. According to the two Bourrelier Group SA directors Yoann and Jean-Michel Bourrelier, the appointment “marks a continuation in the ...

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    Jack Wolfskin presents first styles with recycled outer materials

    2024-03-09T08:21:00Z

    When the textile industry talks about recycled materials, it usually refers to synthetic fiber yarns made from recycled plastic bottles. Jack Wolfskin also uses recycled polyester. However, the German outdoor company also wants to create a genuine circular system and has been working on producing new, functional items of clothing ...

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    ​Kenda Europe with new Bicycle Sales Director

    2024-03-08T16:07:00Z

    Source: Kenda Alexander Mai Kenda, one of the world’s oldest and largest bicycle tire manufacturers with distribution networks, manufacturing and R&D teams both inside and outside of Europe, has appointed Alexander Mai as the new Bicycle Sales Director for Europe, effective March 18. This strategic addition to ...

  • All in Biking
    Article

    Ambitious Spanish cycling app gets an update

    2024-03-05T16:36:00Z

    In its quest to become the one-stop shop in cycling platforms, All in Biking is releasing an update of its app that CEO José Julio Becerril believes will make it “the world’s most complete and versatile” for cyclists and hopes will raise its usership to 1 million, according to CMDsport. ...