All articles by Jo Beckendorff – Page 17
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News briefsBergamont with new marketing manager
At IAA Mobility in Munich, Gregor Cerwinski welcomed trade show visitors in his new role as head of marketing at the booth of German bicycle manufacturer Bergamont. Succeeding Pamela Busch, he officially joined the German bicycle company on Sept. 1 and will be responsible for international marketing. In this role, ...
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News briefsZIV welcomes new head of technology & standardization
The German bicycle industry association, Zweirad Industrie-Verband e.V. (ZIV), welcomes Tim Salatzki as the new head of technology & standardization. Salatzki will gradually replace Ernst Brust, who initially served as ZIV’s interim managing director following the unexpected death of ZIV managing director Siegfried Neuberger last year. Since the appointment of ...
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ArticlePierer Mobility on track for 11th record year in a row
The current two-wheeler boom has led to record sales of 215,646 PTWs (= “Powered Two-Wheelers” = motorcycles and pedelecs) at Austrian Pierer Mobility AG in the first half of 2021. Compared to the first six months of the previous year, this is an increase of 73 percent. The group sold ...
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News briefs
Pierer announces further increase in revenue forecast for 2021
Driven by the high global demand for powered two-wheelers (e-bikes and also motorcycles), the executive board of Pierer Mobility AG decided on Aug. 26 to raise its sales forecast for the fiscal year, originally published in April 2021. Despite ongoing Covid-19-related supply chain challenges, the outlook remains positive. As a ...
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ArticleNew Mavic owner Bourrelier Group sets successful future course
After the Bourrelier Group took over the insolvent French company Mavic in spring 2020, things were initially very quiet. One year after the takeover, the group now speaks of a successful turnaround, including a stable course for the future. Source: Bourrelier Group Getting Mavic back on track ...
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News briefs
Wholesaler Absolut Bikes to expand with new owner
On Aug. 24, Dutch investment company Fields Group officially announced that it will acquire German bicycle wholesaler Absolut Bikes GmbH. While there were no details given on the sale price, it was announced that Absolut Bikes’ founder and managing director, Kai Stemann, will remain on board for an agreed transition ...
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News briefsRose Bikes fills two new management positions
German DTC bicycle supplier and omnichannel retailer Rose Bikes GmbH has created and filled two new management positions at its headquarters with Fabian Loest and Uwe Schmäing. While Schmäing has been responsible for the continuous optimization of purchasing on the employee and customer side as well as the overarching systematization ...
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ArticleSSU reorganizes management of Internetstores Group
After more than three years as CEO of Internetstores GmbH, Hans Dohrmann will leave the parent company of multichannel bike, camping and outdoor retailers such as Addnature, Bikester, Brügelmann, Campz and Fahrrad.de. According to Internetstores Group’s parent company, Signa Sports United (SSU), he will leave “on good terms” on Sept. ...
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News briefsSunRace Sturmey-Archer partners with Dutch brand design agency
Publicly traded Taiwanese bicycle component manufacturer SunRace Sturmey-Archer Inc. has begun collaborating with renowned Dutch brand design agency Dutch Portfolio to develop a new global branding and marketing strategy for the component manufacturer that will increase brand awareness, digital and physical presence and market share. To that end, Dutch Portfolio ...
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News briefsTaichung Bike Week OEM postponed to 2022
It had long been hoped that the Taichung Bike Week (TBW) international OEM bicycle industry event, already canceled last year due to Covid, could at least take place this year. However, with the worldwide spread of the Delta variant, the nervousness in Taiwan, a country that had so far fought ...
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ArticleLeatt continues on record track in 2021
In the second quarter of fiscal 2021, publicly traded South African protective equipment manufacturer Leatt Corporation, which trades over-the-counter in the U.S., has set more records: Sales increased by a whopping 106 percent to $14.3 million compared to the same period of the previous year. Income from operations grew by ...
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ArticleBike24 reports 44 percent revenue growth in H1 2021
German Bike24 Holding AG, the e-commerce retailer for cycling, running and swimming sports that has been publicly listed since June, reported sales of €127.4 million in the first half of 2021. Compared to H1 of the previous year, this is an increase of 44 percent. At the same time, the ...
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ArticleAdditional cash boost for Arevo allows for expansion of 3D printing facilities
Silicon Valley-based technology company Arevo unveiled a 3D-printed bicycle frame at Eurobike 2019. In August 2020, the company began offering on-demand custom production using a high-speed printer and in August 2021, Arevo announced not only “the completion of the world’s largest 3D printing facility for carbon fiber composite additive manufacturing,” ...
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News briefs3D print bike manufacturer Urwahn expands lineup
With Waldwiesel and Waldwiesel.E, the German bicycle niche manufacturer Urwahn Engineering GmbH is expanding its gravel bike range. In addition, Waldwiesel.E is the “world’s first 3D-printed gravel e-bike.” With the two new models – one without, the other with e-support – the supplier, which is causing a stir with its ...
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ArticleDorel posts ninth consecutive quarter of sales growth despite supply chain problems
Canadian conglomerate Dorel Industries Inc. continues to ride the wave of success, not only but mainly due to best results of its bicycle products-selling Sports Division and its Juvenile Division. In the second quarter of the current fiscal year 2021, the group increased its sales by 5.7 percent to $764.99 ...
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News briefsTrek launches e-commerce program in Germany and Austria
U.S.-based Trek Group began offering German consumers the ability to access its extensive product portfolio through its website on Aug. 2. Starting Aug. 25, the virtual offering, which also includes the German bicycle brand Diamant and the parts and accessories brand Bontrager, will be expanded to consumers in Austria. The ...
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ArticleGiant with strong H1 figures, production to be expanded with factory in Vietnam
Despite supply bottlenecks, container shortages and unfavorable exchange rates, Taiwan’s leading bicycle manufacturer Giant Group reported total consolidated sales of 41.99 billion Taiwan dollars (€1.28bn-$1.51bn) in the first half of fiscal 2021, thanks to unabated demand. Compared to the first six months of the previous year, this is an increase ...
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News briefsMerida reports double-digit sales growth in first half of 2021
While Taiwan’s leading bicycle producer Giant Group communicates its half-year sales and profit, Taiwan’s second-largest bicycle producer Merida Inc. Co. Ltd. has only officially published its monthly value-based sales figures for the first half of the year. Merida achieved unit sales growth of only 15.11 percent in April, with declines ...
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News briefsSRAM Group integrates Time Sport into its international distribution network
Last February, U.S.-based component manufacturer SRAM Group acquired the pedal business, including all related patents, from French manufacturer Time. Following the completion of a pedal manufacturing facility in Coimbra, Portugal, SRAM Group has now updated the list of global distributors for its pedal business, which now operates under the Time ...
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ArticleFourth consecutive record quarter for Fox Factory
U.S.-based suspension specialist Fox Factory Holding Corp. posted significant gains in both revenue and profit in the second quarter of fiscal 2021 compared to the same quarter last year. In addition, this year’s second quarter was not only the company’s fourth consecutive record quarter, but also surpassed the $1 billion ...
