All Bike & eBike articles – Page 2
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News briefsGiant Group and Stages Cycling cancel minority share takeover negotiations
At the beginning of the year, we reported on two ticker announcements from the Taiwan Stock Exchange (TWSE). Both concerned the listed bicycle producer Giant Manufacturing Company Ltd. (or Giant Group, including brands Cadex, Giant, Liv and Momentum). The first: That Giant Group had acquired a minority stake in US-based ...
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ArticleGiant Q1: Overstock harming sales in the West
Inventory reductions in the European and North American markets, as well as the higher year-on-year comparison base, have had a direct impact on the first quarter results of bicycle producer Giant Manufacturing Company Limited (Giant Group). The Taiwanese company had to swallow a 9.6 percent sales drop compared to the ...
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News briefsSalewa launches its first MTB apparel collection
Salewa has released Vento, its first-ever bike capsule collection. The South Tyrolean mountain sports brand has been known for over 85 years for its technical equipment for alpinists, climbers and mountaineers. The company is now applying its expertise in making technical weatherproof apparel to a bike wear. The new line ...
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News briefsOrtlieb to display product carbon footprint for all goods
Ortlieb Sportartikel GmbH has determined and published the product carbon footprint for all of its almost 400 articles, detailing the emissions generated from sourcing raw materials through to production. On Ortlieb’s website, customers can now see how many kilometers they need to cover by bike rather than car in order ...
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News briefsAustria expands support initiative for climate-friendly mobility to folding bikes
The Austrian government is accelerating its offensive to promote more environmentally friendly mobility. Together with local sports retailers, the Austrian ministry of transport (BMK) has already sponsored the purchase of around 12,000 bicycles in Austria in 2022 (including more than 3,000 transport bikes with and without electric drive). For 2023, ...
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News briefsThule shifts to a direct distribution model in Italy
Starting from 2023, Thule will directly distribute its products in outdoor and bike shops throughout Italy. For the past ten years, the company’s products were distributed in Italy by Panorama Distribution. Thule’s products are sold in more than 140 countries around the world. In its latest financial reportings, Thule Group ...
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News briefsAnother outdoor brand debuts with adventure bikewear collection
The outdoor brand Rab, managed alongside Lowe Alpine by Equip Outdoor Technologies UK Ltd., is taking advantage of the gravel bike trend to enter the bike business, as previously teased. With its “Cinder” collection debut, the Brits are targeting adventure or off-road bikers directly this spring. “Off road cycling adventures ...
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News briefsEuropean Parliament calls for an EU Cycling Strategy
The European Parliament has adopted a Resolution calling for an EU cycling strategy. The Resolution on developing an EU Cycling Strategy tasks the European Commission with doubling the number of kilometers cycled in Europe by 2030. Whilst legally non-binding, it is a key document to shape future policy priorities and ...
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ArticleSRAM Group commits to building a new plant
Source: SRAM Group According to the plan, the new modern SRAM Group production facility in Taichung should start in 2024. For more than three decades, US component supplier SRAM Group has relied on Taiwan for its production. After all, the island nation committed itself many years ago ...
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ArticleBicycle market slowdown brings Mips’ otherwise good fiscal year 2022 results down
In the fourth quarter of the 2022 fiscal year alone, Swedish “Brain Protection System” innovator Mips AB had to digest a 46 percent sales drop compared to the last three months of the previous year, down to SEK 107 million (€9.60 million – adjusted for currency effects, minus 53 percent).
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ArticleThule Group decline in sales continues into Q4
Thule Group has reported a sharp decline in sales for the fourth quarter of 2022, as a slump in bike products begun in the third quarter continued. The Swedish company explains that retailers sought to reduce inventories in the product category in the second half of the year after “excessively ...
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News briefsInternetstores announces new CEO
Internetstores has a new CEO in Torsten Waack van Wasen, who succeeds Max Heimann as leader of the multichannel specialty retail giant. According to company news, Heiman left at his own request after taking on the role only about six months ago. The digital specialist retailer for bicycles includes brands ...
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News briefsNew appointment to IAA Mobility aims to give cycling greater presence
Source: IAA Mobility Since its move from Frankfurt to Munich, the The International Motor Show (IAA, now IAA Mobility) has shifted from a pure automobile show to a mobility show. Within this context, the IAA Mobility team is working to get more exhibitors and visitors from the ...
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News briefsOrtlieb has new product manager, implements new structure
Source: Ortlieb Falko Schott succeeds Rolf Kathrein-Lehmann as Ortlieb’s new head of product management With Rolf Kathrein-Lehmann retiring, Ortlieb is losing a long-term product manager. In total, Kathrein-Lehmann has been with Ortlieb, in various positions, for 28 years. He is being replaced by current Ortlieb senior product ...
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ArticleCosmic Sports still breaking new ground in its 25th year
Ritchey, Scary Fast and SDG Components – these three bicycle-parts brands laid the foundations for bicycle wholesaler and importer Cosmic Sports in mid-December 1997. Founded by CEO Gerhard Schwarz in Nuremberg as an importer of premium bicycle accessories, the company is now proudly looking back on a 25-year success story.
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News briefsParcours and Classified Cycling announce technical partnership
British wheel brand Parcours and Classified Cycling have announced a long-term technical partnership. Parcours will now offer ready-to-ride wheelset models, built to be compatible with Classified Powershift technology. Wheels are available with a Classified rear hub shell, ready to fit a Powershift hub. The ready-to-ride models include: Alta (gravel) – ...
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Article2022 bicycle stock chart development proves you can always do worse
Five are up, the majority are down. Compare your brand’s performance with our analysis of the 2022 bicycle stock market.
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News briefsJebsen Group invests in Woom
Hong Kong-based Jebsen Group has invested in Austrian children’s bicycle supplier Woom. The Jebsen Group shares acquisition is via the family-run trading and logistics company’s investment arm, Jebsen Capital. While no information was given on the exact amount of the Woom minority stake Jebsen now holds, it was noted that ...
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ArticleMost Brits plan to drive less and cycle more, new survey shows
Interesting insights from the island: The Britains are changing their mobility behavior.
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ArticleEurobike 2023 offers exhibitors three-day B2B participation
Following this year’s Eurobike premiere in Frankfurt, organizer Fairnamic is already setting the course for Eurobike 2023 (June 21-25). In addition to the previous hall and open-air site participation, the organizer will offer a booth booking option covering the first three trade-only visitor show days for the first time – ...
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