All Coronavirus articles

  • olpro logo
    News briefs

    Olpro joins forces with charity Sponsored Breaks


    U.K. outdoor leisure brand Olpro has teamed up with the charity organization Sponsored Breaks to provide them with a one-stop store to kit out their company car with state-of-the-art camping accessories to help take their gift-giving camping trips to the next level. Sponsored Breaks was established by Simon and Harriet ...

  • Shimano_logo.svgz

    Shimano with new sales and profit record for its bicycle division


    Many companies – irrespective of the industry – lost ground, especially in the second half of 2022. Inflation triggered by the Ukraine war has led to a buying restraint on the part of consumers worldwide. Everyone is feeling the pinch. But there are a few exceptions: For Shimano, for example, ...

  • Tarn-Pure
    News briefs

    HeiQ becomes major supplier of regulatory compliant copper and silver for industrial hygiene applications


    Switzerland-based HeiQ Materials AG, a wholly owned subsidiary of HeiQ Plc, has signed an agreement to acquire all the shares of U.K.-based Tarn-Pure Holdings Ltd. Tarn-Pure holds key EU and U.K. registrations for the sale of metallic copper and metallic silver for use in hygiene applications. The Covid-19 pandemic triggered ...

  • Shimano_logo.svgz

    Shimano defies slowing demand with results above pre-Covid level


    Triggered by the Russian invasion of Ukraine, global shortages in raw material and energy supply, as well as rising raw material prices, will have a direct impact on the business of Shimano Inc. Nevertheless, demand for bicycles and fishing tackle remained stable in the first three sales quarters of fiscal ...

  • ATTA_Logo

    ​Adventure Travel Trade Association announces new board of directors


    The Adventure Travel Trade Association (ATTA) has appointed a board of directors, marking a shift away from the advisory board it has had for the last 18 years. The change was initiated at the height of the Covid-19 pandemic when traditional banks were reluctant to work with the private sector ...

  • Bike24

    Bike24’s bright spot in difficult times is its young international business


    Thanks to sales increases in Spain, France and Italy, the listed German cycling, running and swimming sports online retailer Bike24 Holding AG was at least able to significantly grow its international business. Nevertheless, the Dresden-based company had to accept a decline in sales of 4 percent to €67 million in ...

  • Fox Factory

    Fox Factory with new sales records, gives cautious outlook


    U.S.-based suspension specialist Fox Factory Corp. reported total revenues of $406.71 million (€399.48 million, +23.9% year-on-year) in its second fiscal quarter of 2022. This amount is split between the Powered Vehicles Group (PVD, $229.03 million, +20.9%) and the Specialty Sports Group (SSD, $177.67 million, +28.1%). SSD sales increased due to ...

  • historic-center-russia-red-square-moscow-92412

    Outdoor goods in Russia enjoy a rise in popularity, despite skyrocketing prices


    Demand for outdoor goods in the Russian online stores has jumped by 100 to 300 percent in the summer of 2022 compared with the same period of the previous year. One of the largest Russian online marketplaces, Sbermegamarket, said that in June-July, it sold 340 percent more goods for outdoor ...

  • Columbia-Logo

    Columbia Sportswear releases 2021 ESG report


    Just after publishing its FY22 sales and profit outlooks, Columbia Sportswear has released its 2021 environmental, social and governance (ESG) report, highlighting the progress made throughout 2021 in the three pillars of the company’s CSR strategy: empowering people, sustaining places, and responsible practices, with a focus on Columbia’s four primary ...

    News briefs

    Buff’s sales are back to normal after the pandemic boom


    Buff, the Spanish headwear and neckwear company, posted revenues of €49.6 million in its fiscal year 2021, ending April 30. The figure compares to €85 million in sales and a 62 percent increase in the previous fiscal year when results were exponentially boosted by the outdoor boom during the Covid-19 ...

  • pexels-tima-miroshnichenko-7567522

    Bicycle Stocks Q2 2022: Russia’s invasion causes market low


    After the stock market booster called hope catapulted the OIC Bicycle Stock Chart 2021 to new heights and seemed to defy all realities, the high flight ended with Russia’s invasion of Ukraine. The chart of the first quarter of 2022 already showed a steep decline, which now also continued in the second quarter.

  • China Cycle 2022
    News briefs

    China Cycle announces new date and location


    In early April, the organizers of the China International Cycle Show canceled the 2022 edition, scheduled for May 6-31, due to the fierce Covid Omicron variant, which is particularly rampant in the greater Shenzhen and Shanghai areas. However, China Cycle 2022 was not completely abandoned. Now the organizer announced that ...

  • News briefs

    Climbing World Cups in China canceled due to Covid


    The lead and speed IFSC World Cup in Xiamen, scheduled to take place Oct. 15-17, and the boulder and speed IFSC World Cup in Wujiang on Oct. 22-24 – meant to be the last events of the lead and boulder season – have been canceled due to the Covid-19 pandemic. ...

  • GregoryBlacktrans
    News briefs

    ​Gregory sales decline slightly in Q1, impacted by Asia and Europe


    Samsonite International reported that Gregory Mountain Products sales declined 4 percent to $15.1 million in Q1 2022 from $15.8 million a year earlier, making it the only Samsonite brand to report a decline in the period. Sales in North America increased 5 percent due to the easing of social distancing ...

  • Beatriz Miller on Unsplash

    Bicycle sales in Austria: turnover surpasses €1 billion


    The Association of Sporting Goods Manufacturers and Sports Equipment Suppliers of Austria (VSSÖ) has released the 2021 Austrian bicycle sales figures. Although the impact of the Covid-19 pandemic on supply chains was still strongly felt, around 490,000 bicycles were sold to Austrian sporting goods retailers and specialist bicycle dealers last ...

  • Giant Group Logo

    Giant Group achieves another annual record despite two-digit profit drop in Q4


    Taiwan’s leading bicycle producer Giant Group has achieved a second consecutive sales and profit record. Year on year, 2021 sales rose another 17 percent to 81.8 billion Taiwan dollars (€2.59 billion). Net profit after tax rose 19.8 percent to a record TWD 5.93 billion (€197.94 million). This positive result is ...

  • MIPS
    News briefs

    Mips’ China production restarts after brief lockdown


    Due to the recent Omicron wave in China, the Swedish Brain Protection System (BPS) manufacturer Mips AB has further updated the current situation in areas where the supplier and several of its (helmet) customers have manufacturing operations. In a communication dated March 16, the helmet technology supplier had indicated that ...

  • andy-li-CpsTAUPoScw-unsplash

    Worst Covid-19 outbreak in China since Wuhan threatens supply chains


    Even before the initial problems caused by the pandemic could be solved, the war in Ukraine created new ones. And now, despite all precautions, the Omicron BA mutant of Covid-19 is spreading rapidly in China. The epicenter of infection was the northeastern province of Jilin, on the ...

  • Kitsbow-Master-Logo
    News briefs

    Kitsbow to refocus on core business; discontinues PPE production


    North Carolina-based Kitsbow Cycling Apparel announced it will cease production of personal protective equipment (three-layer face masks and face shields) on Feb. 28 to focus on apparel manufacturing. At the start of the pandemic, in March 2020, Kitsbow switched its operations to manufacturing face masks, first for medical professionals and ...

  • Angling Direct
    News briefs

    Angling Direct posts sales increase despite Covid-19 store closures and decline in online sales


    Angling Direct, the British fishing tackle retailer, has reported a 7.2 percent sales increase for its financial year ended Jan. 31, 2022, despite a 4.3 percent decline in online sales and the closure of all its 42 stores for three months, from Feb. 1 to April 11, 2021, due to ...