All articles by Jo Beckendorff – Page 2
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Article
Bicycle industry vet estimates pedelec motor manufacturers’ market shares
German expert Ernst Brust shares his insights on the German, European and global pedelec motor markets, highlighting Bosch, Shimano and Bafang’s key roles.
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Bicycle manufacturers’ octet presents the industry with Climate Action Training
Eight cycling companies unite to launch free Climate Action Training, empowering the industry to cut CO2 emissions in global supply chains.
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In Q3 2024, land will be in sight again for Leatt
The South African company sees hope in Q3 2024, reporting a slight revenue rise and inventory stability despite a 75% profit drop, and is optimistic about a future rebound.
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News briefs
German ZIV board member elected to CONEBI board
The umbrella organization of the European bicycle industry elected Volker Thiemann to its board.
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Grimaldi Industri sells Cycleurope-France
Rebirth Groupe has acquired the factory and operations of Cycleurope-France for an undisclosed sum.
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Julbo’s long-standing CEO hands over the baton
The French sports, sun and winter sports eyewear and helmet provider has appointed industry expert Damien Guillobez as the company’s new CEO.
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Accell Group’s debt reduction: Shareholders and banks agree on plan
Accell Group secures a €600 million debt reduction plan in partnership with shareholders and banks, positioning the company for future growth and stability.
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News briefs
myStromer co-CEO exits operational role
Tomi Viiala steps down as co-CEO of the Swiss e-bike company to focus on family while remaining a shareholder as the company plans for a leadership transition.
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Slow ride out of the valley of tears: Stock markets back view of no recession
The Q3 2024 bicycle stock market saw significant gains despite ongoing global challenges, with newcomers like Ananda Drive surging over 50%.
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Shimano's European Mechanics Championships highlight qualified bicycle mechanics
The 2024 Championships elevate the importance of professional bicycle maintenance and inspire the next generation of mechanics.
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Giant Group subsidiary acquires Stages Cycling assets
Giant Group’s SPIA Cycling acquires Stages Cycling assets from Foundation Fitness, expanding its portfolio in the fitness industry after bankruptcy filing.
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News briefs
Qwic owner, investor rescues Agu
EcoMotion rescues Dutch bicycle brand Agu from insolvency, securing its future with plans for investment and preserving all jobs.
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News briefs
Lolë Brands acquires Louis Garneau Sports assets
French-Canadian sports and leisurewear supplier expands its portfolio with the acquisition of LGS’ Garneau, Sugoi and Sombrio brands.
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News briefs
Canyon Bicycles hires former Nike digital specialist as CDO
The German bike brand welcomes Kristen Laina White as Chief Digital Officer, aiming to enhance digital experiences and e-commerce across all platforms.
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Giant Group wins environmental award, launches ESG strategy
The group received Taiwan’s Environmental Bronze Award and published a new ESG strategy book, highlighting its sustainable future efforts.
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News briefs
Pierer Mobility now led by managing director duo
Gottfried Neumeister joined the company on Sept. 1 as co-Managing Director alongside Stefan Pierer.
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News briefs
Merida Industry Expands Stake in German Subsidiary
The Taiwanese company deepens its stake in Merida & Centurion Germany, moving to 90% ownership as Wolfgang Renner approaches retirement.
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EU Commission initiates review on anti-dumping measures on bicycle imports from China
The EU is reviewing the impact of expiring anti-dumping tariffs on Chinese bicycle imports, which is crucial for the future of Europe’s bike industry.
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Failed takeover leads to Chapter 11 status at Agu and Agu Holding
Dutch cycling brand Agu faces insolvency after a failed takeover but remains operational while seeking new ownership to continue its legacy.
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Things are improving at Merida
Taiwan’s second-largest bike producer saw a strong recovery in Q2 with a 25% revenue increase, signaling a positive outlook for the rest of the year as production ramps up.