All articles by Jo Beckendorff
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Article2024 Bicycle Industry Stock Chart: Mobility industry sees little of stock market boom
Find out why only a third of the publicly listed companies in our bicycle industry chart benefited from last year’s boom – and why almost two-thirds were left untouched by it.
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News briefsInvestor and parent Ecomotion welcomes new Agu CEO
Sascha Weil, a seasoned fashion and lifestyle industry leaders takes the helm of the major Dutch bikewear brand.
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ArticlePierer Mobility AG initiates major restructuring efforts
An investment bank has been commissioned to support the restructuring and the search for investors.
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News briefsCorratec strengthens management with new leadership appointment
Bernhard Lustig joins the Corratec leadership team to drive strategic growth and unlock new market potential in the cycling industry.
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News briefsSelle Italia expands portfolio by acquiring Italian cycling shoe brand
The Italian saddle specialist acquires Vittoria Cycling Shoes to enhance its product range, emphasizing innovation and the “Made in Italy” tradition.
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News briefsUS retail company The Hub & Pisgah Tavern welcomes new GM
The North Carolinian premier bicycle and outdoor specialty retailer hired Emily Buckley as the new General Manager.
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ArticleCube Bikes maker considers Egypt for production
Manufacturer Pending System seems to be looking into new production sites.
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ArticleInvestor SOL Capital takes over ailing bicycle manufacturer Simplon
Investor secures the Austrian bike producer’s future with a bold recovery plan, leadership changes and commitment to local production and global growth.
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News briefsUnited Wheels Inc. hires experienced brand and marketing expert
Chris King takes on global branding and digital strategy at the US bicycle supplier.
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News briefsDynafit strengthens international marketing team
Fabian Steiner joins the team as a graphic design specialist for the brand’s corporate design.
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News briefsNew spokesperson elected for Austrian outdoor lobby group
ARGE Outdoor has appointed David Schäffler, signaling a continued focus on collaboration and customer engagement.
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ArticleCovation Holdings names Bruno Maier CEO of United Wheels and Huffy
The cycling company appointsthe seasoned leader as CEO to strengthen brand innovation, expand markets and drive sustainability worldwide.
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News briefsRecycling program for Shimano footwear launches in Germany
A new initiative is giving used Shimano cycling shoes and sports shoes in general a second life, transforming them into everyday items while promoting sustainability in retail.
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ArticleCanyon wants to attract IBDs with new local customer service project
Canyon’s new “Collect & Ride” service bridges online bike shopping with local assembly, making it easier for customers and supporting local bike shops.
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ArticleDespite sales decline in first three quarters, Ideal reports reduced loss
Despite a sharp revenue decline, the Taiwanese bicycle manufacturer cuts losses significantly, showing resilience after 2023’s major customer insolvencies.
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News briefsMerida reports Q3 sales growth but profit decline
Taiwan’s second-largest bicycle manufacturer sees revenue growth despite profit setbacks, navigating challenging global market conditions with resilience.
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ArticleGiant Group's results still affected by high inventories
The Taiwanese group is facing a decline in sales and challenges in the market in the first three quarters despite strong growth in China and new indoor cycling ventures.
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ArticleBike24 sees modest Q3 growth, maintains 2024 forecast
The e-tailer posted 2.9% Q3 revenue growth, driven by strong bike sales and strategic pricing, while focusing on profitability in a challenging market.
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ArticleAccell Group secures creditor support for recapitalization
The company’s creditors approved the restructuring plan, paving the way for recapitalization implementation.
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ArticleFox Factory bicycle product sales on the rise again
The acquisition of Marucci Sports has impressively increased the sales of the suspension expert’s Sports Specialty Sports Group in Q3, despite a downward trend in the other segments.
