Bike & eBike – Page 30
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ArticleQ1 2024: Bike industry stock market and real economy are two different things
Since the turn of the year, the global stock market has only known one direction: up. It has thus completely disconnected itself from the real economy. Here, you can find out whether our selected bicycle stocks have also been able to make strong gains in Q1 of 2024 despite all the adversities.
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News briefsStromer launches Click&Collect sales on EU market
Following a pilot test in the US, Swiss S-pedelec pioneer MyStromer AG is now also launching its own online stores in the EU. The first virtual Stromer store will be launched in the Netherlands in the course of 2024. This will be followed by others in Germany, Belgium, Switzerland, France ...
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ArticleFocus on sustainability at first Asiabike Jakarta
The inaugural Asiabike Jakarta (ABJ) two-wheeler show will take place from April 30 to May 4 at the Jakarta International Expo in Indonesia. Buyers will be able to get a first look at the latest innovations from over 90 leading exhibitors inspiring the sector, with a focus on health and ...
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News briefsSwiss Stromer and US bike fintech offer e-bike leasing in the US
Stromer, the Swiss e-bike technology pioneer, has partnered with Colorado-based The Sweet Spot, a bicycle fintech company, to offer long-term e-bike leasing and management in the US. This new leasing option makes Stromer’s premium Class 3 commuter e-bikes accessible to even more riders, supporting the brand’s mission to shape the ...
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ArticleSidi Sport joins Science Based Targets initiative
Italian company Sidi Sport, specializing in footwear and other apparel for cyclists and motorcyclists, has joined the Science Based Targets initiative (SBTi). SBTi was founded in 2014 as a collaboration between some of the leading international organizations and associations for climate protection, including the United Nations Global Compact and the ...
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News briefsOutdoor Research drops first dedicated MTB apparel line
As outdoor apparel manufacturer Outdoor Research (OR) releases its first dedicated collection of technical mountain bike gear for Spring 2024, the Seattle-based brand is expanding its athlete roster with four riders who will provide product category expertise and feedback as OR fully embraces the category. Trail and freeride athletes Georgia ...
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News briefsRose Bikes opens brand store in downtown Berlin
Rose Bikes has opened a new brand store in Berlin Mitte near Alexanderplatz with approx. 670 sqm of floor space. An integrated coffee shop is serving as a meeting point for bikers and starting point for events like community rides, workshops, etc. The first rides will take place as part ...
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News briefsSchöffel separates responsibilities for product and innovation
German outdoor company Schöffel has made changes to the organizational structure in its product division. The management roles are now divided into the areas of product and innovation to give both areas greater strength for future development. Gesa van den Kerkhoff takes on the role of Product Division Manager, Peter ...
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ArticlePolartec’s Eric Yung: Leading the charge in outdoor apparel innovation and sustainability
In this exclusive article, Polartec’s Eric Yung shares his journey within the company, his principles as a leader and his thoughts on the current strength and growth opportunities within the sporting and outdoor goods industries.
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ArticleBLS parent Brockhaus Technologies records further growth in 2023
German company Brockhaus Technologies AG closed the 2023 financial year with a 31 percent increase in turnover compared to the previous year to a total of €186.63 million. The subsidiary Bikeleasing-Service GmbH & Co. KG (BLS) also contributed to this excellent result. The publicly listed, Frankfurt-based company has held a ...
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ArticleBig trouble looming between Youngone and Scott
Source: Scott Sports Beat Zaugg Shortly before the Easter weekend, the Board of Directors of Scott Sports – with the full support of majority shareholder Youngone Corporation – issued a press release announcing the dismissal of long-serving CEO Beat Zaugg with immediate effect. Youngone presented the financial ...
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ArticleYamaha to start European e-bike drivetrain production in France
On March 26, Yamaha Motor Europe N.V. (YME) and Yamaha Motor Manufacturing Europe S.A.S (YMME) celebrated the inauguration of a completely new production line for e-bike drivetrains at their French plant in Saint Quentin. The facility in Saint Quentin is the production site of the former two-wheeler and engine manufacturer ...
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News briefsFahrrad.de founder takes over key assets of insolvent Internetstores
In mid-January, insolvency administrator Dr. Christian Gerloff informed the creditors that several interested parties had made binding offers to take over the insolvent bicycle and outdoor e-commerce retailer Internetstores GmbH – not for the entire group but for individual assets. The core sales platforms Fahrrad.de and Bikester, as well as ...
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ArticleMyStromer reaches overall settlement with Revolt
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 briefsVittoria tire technology in trail running shoes from Craft Sportswear
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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ArticleBelgian Cycling Factory strengthens management with two industry veterans
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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ArticlePierer Mobility reports strong results for H1 2024, double-digit growth in all key figures
Pierer Mobility AG, a leading European manufacturer of powered two-wheelers, unveiled its financial results for the first half of 2024, showcasing robust growth across its key financial metrics. The company, known for its premium brands KTM, Husqvarna and GasGas, continued its upward trajectory with significant increases in revenue, operating profit, ...
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ArticleDecathlon Germany launches bike leasing with JobRad
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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ArticleBike24 reports high 2023 loss due to impairments, depreciation and amortization
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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ArticleSlump in sales of bike helmets causes two-digit drop in Mips’ 2023 results
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 ...
