All Mobility articles – Page 4
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ArticleIn 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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ArticleDometic weighs further restructuring, strategic improvements
The Swedish group faces a tough Q3 with a 17% revenue drop, and explores cost cuts and potential divestments; more details are expected with Q4 results.
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ArticleThule Q3 operating income rises 15 percent
The group sees solid Q3 growth with rising sales, profitability and new launches, despite challenges in the Americas market.
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ArticleDecathlon integrates e-bikes into EC’s sustainable mobility strategy
The retailer commits to making cycling more sustainable with its new Mobility Transition Pathway Pledge, promoting reparability, recycling and bike-sharing services.
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News briefsUSWE Sports with new CFO, Vice CEO
Carl-Fredrik Streiby joins the Swedish company as CFO and Vice CEO, effective Oct. 1.
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News briefsPierer 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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ArticleFox Factory releases 2023 Sustainability Report
The group’s latest sustainability report highlights significant strides in environmental stewardship, social responsibility and governance practices.
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News briefsPierer Mobility with changes to executive board
Pierer Mobility AG announced major leadership changes as CFO stepped down, with Gottfried Neumeister joining the Executive Board on Sept. 1, 2024.
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News briefsUSWE and KTM team up to release co-branded hydration packs
The collaboration allows USWE to expand its market presence in the motorsport community for the 2025 season.
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ArticleThree bike industry veterans launch first dedicated investment fund for micromobility
Fundracer is a new, micromobility-focused investment fund that aims to support innovative start-ups and promote growth in the sector.
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ArticleLeatt with flat numbers, but optimistic due to visible growth at dealer, consumer levels
The South African supplier of two-wheeler equipment sees optimism ahead despite an 18.4% revenue drop, driven by a growth trend seen at dealer and consumer levels.
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News briefsFord Mustang and Bronco now also come as e-bikes
The car maker and micromobility startup N+ are bringing the spirit and performance of two iconic US cars to two wheels.
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ArticleGoPro vows to slash expenses, become profitable in 2025
Despite a challenging H1, the action cam company aims for profitability in 2025 through cost reductions and diversification. Q2 saw a 23% revenue decline but growth in subscriptions.
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ArticleFox Factory sales down, SSG sales increase mainly due to Marucci takeover
The suspension specialist’s Q2 results showed a 13% sales drop, driven by double-digit declines in PVG and AAG sales. However, SSG saw a 17.8% increase, mainly due to the Marucci Sports acquisition and a 52% rise in bicycle brand sales compared to Q1.
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ArticleGarmin adjusts FY guidance
Sales in the Outdoor segment fell by almost 2 percent due to lower sales of its adventure watches, but Garmin still achieved overall operating income growth of 20 percent with a 14 percent total revenue expansion.
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News briefsThule acquires trailer company
Reacha, a German brand of small trailers, mostly designed for bicycles and water sports equipment, is the latest addition to the Swedish Thule Group.
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ArticleSidi Sport signs ‘Business for People and Society’ manifesto
Sidi Sport supports the manifesto “Business for People and Society,” drawn up by the UN Global Compact Network Italy, the local network of the UN Global Compact, the world’s largest sustainability initiative for companies.
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News briefsClarus appoints three veteran experts to support Adventure segment
Clarus Corporation, owner of the Black Diamond and Pieps brands, among others, has made three strategic hires for its Adventure segment to accelerate growth in the US and international markets and strengthen its global OEM initiatives. The Adventure segment, which includes Rhino-Rack, Maxtrax and Tred Outdoors, has appointed Tripp Wyckoff ...
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ArticleThule Group operating income rises 3% in Q2
Thule Group AB, despite a promotional North American market and lower RV products across Europe and Rest of World, reported a 3 percent gain in operating income to 732 million Swedish kroner (€63.3m) for the quarter ended June 30. Net income increased by 3.7 percent to SEK 559 million (€48.4m) ...
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News briefsTwo long-standing executives to share new COO role at Garmin
Garmin announced today that Patrick Desbois and Brad Trenkle have both been appointed to the newly created role of Chief Operating Officer, effective July 1, 2024. Source: Garmin Patrick Desbois Desbois will provide executive oversight for Garmin’s aviation and auto OEM segments, global supply chain and operations, ...
