All articles by Jo Beckendorff

  • Portrait_Benjamin Turck-1370
    News briefs

    Kiska Munich brings in renowned designer Benjamin Turck

    2022-06-29T12:37:00Z

    Source: Kiska Munich Benjamin Turck Since May, the E-Bike Development Center (EBDC) founded by Alex Thusbass in Munich for Husqvarna Bicycles, has been operating under the name Kiska Munich. Now the bike design agency has bolstered its team with Benjamin Turck, an industry-experienced designer for the hybrid ...

  • Pivot CyclesBryan Mason
    News briefs

    Pivot Cycles promotes global sales manager to president

    2022-06-23T08:59:00Z

    Source: Pivot Cycles Bryan Mason U.S.-based MTB and gravel bike company Pivot Cycles has promoted its current global sales manager, Brian Mason, to president. He will oversee management team members and key departments in his new role, “including all operations of Pivot’s Stuttgart, Germany offices.” Mason began ...

  • China Cycle 2022
    News briefs

    China Cycle announces new date and location

    2022-06-20T07:49:00Z

    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 ...

  • Vittoria x A. Dugast 1
    Article

    Vittoria Group and A Dugast open new regional headquarters in the Netherlands

    2022-06-16T10:57:00Z

    Right after the acquisition of A Dugast by the Vittoria Group in May 2021, there were considerations on how best to join forces and exploit synergies. On June 15, the two bicycle tire suppliers inaugurated the new headquarters of Vittoria Northern Europe and A Dugast in Oldenzaal, the Netherlands. This ...

  • MIPS_logo
    Article

    Mips presents new strategy and updated financial targets

    2022-06-11T10:50:00Z

    At Capital Market Day 2022 in Stockholm on June 9, Swedish helmet technology and “Brain Protection System” (BPS) manufacturer Mips AB unveiled its new long-term strategy with updated financial targets and strategic priorities for the coming years. The reason for revising the company’s strategy and long-term financial targets is not ...

  • Bild
    Article

    Porsche takes over remaining 80 percent in Fazua

    2022-06-08T12:37:00Z

    Porsche AG seemed to like what it saw when it acquired a 20 percent minority stake in fledgling e-bike drive manufacturer Fazua GmbH in January 2022. The German sports car maker now announced it will acquire the remaining 80 percent. No details were provided about the sale price. The Stuttgart-based ...

  • UWI
    Article

    Bruno Maier takes over helm of UWI from Claude Jordan

    2022-06-06T08:36:00Z

    Source: UWI Bruno Maier Following the retirement of the previous CEO and president of United Wheels Inc. (UWI, with bicycle brands Batch Bicycles, Buzz E-Bikes, Huffy, Niner Bikes, Royce Union and Vaast Bikes), Claude Jordan, after nearly four years in office, the U.S.-based company, under the wing ...

  • Alpha BikesGerhard Wagner und Daniel Castro
    Article

    Munich bike retailer Alpha Bikes parts ways with Specialized, opens Giant flagship

    2022-06-01T06:39:00Z

    Since founding Alpha Bikes in 1992, owners and CEOs Gerhard Wagner and Daniel Castro have worked hard to create an indispensable bike community in the German city of Munich. When they teamed up with Specialized in 2008, they even gave up their own brand. That was the year they opened ...

  • Giant Group Logo
    Article

    Giant Group reports another sales record in Q1

    2022-05-18T14:05:00Z

    For the first quarter of fiscal 2022, Taiwan’s leading bicycle manufacturer Giant Manufacturing Company Limited (Giant Group) reported a new historical quarterly record. E-bikes accounted for 26 percent of group sales. At 22.26 billion Taiwan dollars (€709.67 million), this year’s quarterly sales increased 8 percent compared to the first three ...

  • USWE-Logo Kopie
    News briefs

    USWE Sports delays quarterly report due to Covid-related inventory postponement

    2022-05-13T14:48:00Z

    Sweden-based USWE Sports AB, listed on the Stockholm-based Nasdaq First North Growth Market since last June, has delayed the release of its Q4 21/22 report (January to March 2022). Previously, the company had announced a May 12 publication date, postponed by the company at short notice, without providing an alternative ...

  • Leatt
    Article

    Seventh consecutive quarterly sales record for Leatt

    2022-05-13T10:40:00Z

    Leatt Corporation continues to ride on a profitable high. The Q1 2022 results are not only the seventh consecutive quarterly revenue record but also the 16th straight quarter of steady growth. The South African company, listed on the U.S. stock exchange via the over-the-counter (OTC) market, posted total sales of ...

  • Bike24 Logo
    Article

    Bike24 reports solid Q1 sales and earnings in a difficult environment

    2022-05-12T15:19:00Z

    German online cycling, running and swimming sports retailer Bike24 Holding AG increased its sales in the first quarter of 2022 “in a challenging environment and driven by consistent execution of its European expansion strategy” by a solid 7.3 percent to a total of 61.79 million euros. According ...

  • Fox Factory Specialty Sports Group (SSG)
    Article

    Fox Factory forecasts overheated bike product sales “back to normal” in winter 2022

    2022-05-08T07:12:00Z

    In its first sales quarter of the current fiscal year 2022, suspension specialist Fox Factory Holding Corp reported a 35.6 percent increase in its earned revenue of $377.98 million compared to the previous year’s first quarter. Net income of $48.05 million also increased by a double-digit 26.5 percent. Fox Factory ...

  • Armin Landgraf, Specialized
    News briefs

    Specialized appoints Armin Landgraf as chief of worldwide markets

    2022-05-04T06:40:00Z

    Source: Specialized Armin Landgraf Following the hiring of former Dyson COO Scott Maguire in March and presenting him as his successor as CEO, Specialized Bicycle Components Inc. founder Mike Sinyard (now „chief rider advocate“) has hired industry expert Armin Landgraf as chief of worldwide markets. Landgraf will ...

  • Vittoria Park 4
    Article

    Vittoria Group builds bike park and innovation center in Italy

    2022-05-03T08:16:00Z

    Italian bicycle tire giant Vittoria Group has begun construction of what it describes as “the world’s first all-discipline cycling experience, innovation center and knowledge hub for bicycle tire development.” Vittoria Park will be built around the company’s headquarters near Milan. It will also house an impressive testing area open to ...

  • MIPS_logo
    Article

    Mips reports outstanding start into 2022

    2022-05-02T08:07:00Z

    In the first quarter of fiscal 2022, Swedish helmet technology and “Brain Protection System” (BPS) manufacturer Mips AB reported preliminary net sales of SEK 137 million (€13.22 million), an increase of 65.1 percent year-on-year. Organic growth amounted to 48 percent during the quarter. It is mainly based on the success ...

  • Austria on Bike
    News briefs

    VSSÖ and Arge Fahrrad launch B2B event Austria on Bike

    2022-04-26T15:21:00Z

    This year will mark the debut of a new B2B bicycle event in Austria. “Austria on Bike” is organized by the Association of Sporting Goods Manufacturers and Sports Equipment Suppliers of Austria (VSSÖ) in cooperation with Arge Fahrrad, the voice of the national bicycle industry under the umbrella of the ...

  • Kettler Werk Animation
    News briefs

    New Kettler Alu-Rad e-bike factory to start production soon

    2022-04-25T07:28:00Z

    After less than two years of construction, German bicycle manufacturer Kettler Alu-Rad GmbH announced the imminent start of production at the “probably most modern production facility for e-bikes in Europe.” The factory is located in the German state of Saarland. It complements the venerable Kettler Fahrradfabrik plant nearby. There is ...

  • TVS Motor
    Article

    TVS Motor Group acquires majority stake in another European e-bike company

    2022-04-17T08:22:00Z

    The acquisition of an 80 percent majority stake in Swiss e-bike brand Ego Movement last year was followed by a 75 percent majority stake in Swiss E-Mobility Group (SEMG, the parent company of domestic e-bike retail chain M-Way, among others) in February 2022. Now, Indian two-wheeler and utility vehicle manufacturer ...

  • SRAM Logo
    Article

    Restructuring of SRAM’s European OE sales team

    2022-04-12T06:23:00Z

    After seven successful years as director of OE sales Europe at bicycle component manufacturer SRAM Group (brands Avid, Hammerhead, Quarq, Rockshox, SRAM, Time Sport, Truvativ, Zipp), Uwe Reichelt is entering his well-deserved retirement. The German company has already used the last few months to reorganize and expand the European OE ...