Mobility – Page 6
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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 ...
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News briefsMyStromer AG welcomes three new distribution partners
Swiss S-pedelec pioneer MyStromer AG plans to drive the mobility revolution with no less than three new national distribution partners, namely in Italy, the U.K. and the United Arab Emirates (UAE). While Greenlife Mobility has already been taking care of Stromer pedelecs in Italy since May and is currently working ...
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ArticleHigh demand for bike helmets results in tremendous sales increase for Mips in H1
After a strong start to fiscal 2021, “brain protection” helmet-technology maker Mips AB stepped it up a notch in the second quarter. As a result, the Swedish company posted total sales of SEK 225 million (€22.0m-$25.9m) in the first half of the year, despite challenging supply chain issues. Compared with ...
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ArticleDometic Q2 sales rebound but supply-chain issues persist
Scandinavian Outdoor Group member Dometic saw second-quarter earnings rebound from the impact of the Covid pandemic despite persistent supply-chain challenges. The Stockholm-based specialist in products for mobile living said reported a 67 percent increase in net sales to SEK 5.6bn (€546m - $642m) against the 2020 period, ...
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News briefsG-Motion e-bike store opening with Storck Bicycle
On July 15, the German Glinicke Automotive Group celebrated the opening of the “ G-Motion ” e-bike center in Kassel. Markus Storck , founder and CEO of Storck Bicycle , attended the festivities. His brand is the driving force behind the new store. With the cooperation between G-Motion and ...
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News briefsCake to open factory near Stockholm
Source: Cake Stefan Ytterborn Cake , the Swedish manufacturer of lightweight electric motorcycles and a member of the Scandinavian Outdoor Group ( SOG ), announced the opening of its new factory in Albyberg, Sweden. In line with its mission to inspire society towards a ...
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ArticlePortugal Bike Value goes digital
On July 20, the very first digital platform to promote the Portuguese conscious mobility sector will be launched. With this tool, the national bicycle industry association ABIMOTA aims to promote, on behalf of its members, the path taken to internationalize the domestic bicycle production sector. Source: ...
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News briefsDometic acquires Büttner Elektronik
Scandinavian Outdoor Group ( SOG ) member Dometic keeps on buying companies internationally: On July 2, it acquired Büttner Elektronik , a German provider specialized in mobile power solutions for the outdoor segment, including solar power solutions, batteries and battery chargers. The company’s 2020 net sales (primarily sold ...
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News briefsClarus finalizes acquisition of Rhino-Rack
Clarus Corp. , the Utah-based parent company of Black Diamond and Pieps , among others, has completed the acquisition of Australia-based Rhino-Rack Pty Ltd , which we previously reported . Rhino-Rack will continue to operate independently as a wholly owned indirect subsidiary of Clarus and will form a ...
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ArticleSasta wins Scandinavian Outdoor Award for plus size jacket
In an online ceremony hosted by the Scandinavian Outdoor Group ( SOG ), two Finnish companies were among the six winners of the Scandinavian Outdoor Awards for Spring/Summer 2022: Sasta (based in Nurmes) and Halti (headquartered in Vantaa, Lapland). Source: Sasta ...
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News briefsDometic sets ambitious sustainability goals
Dometic , based in Stockholm, the specialist in products for mobile living that has just bought three other companies in the solar and vehicle accessories sector within one month , aims to increase its energy efficiency and switch to renewable energy sources to reduce its carbon footprint further. The company’s ...
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ArticleClarus to acquire Australian roof rack manufacturer Rhino-Rack
Clarus Corp. , the Utah-based parent company of Black Diamond , Sierra Bullets and Pieps , among others, reports that it has entered into a definitive agreement to acquire Australia-based Rhino-Rack Pty Ltd , a manufacturer and distributor of roof racks, mounting systems, luggage boxes, carriers and other automotive ...
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News briefsDometic acquires Front Runner
Dometic ’s buying spree continues unabated: After Valterra in April and Enerdrive in May, the Swedish brand headquartered in Stockholm has now reached an agreement to acquire Front Runner Vehicle Outfitters , a provider of roof racks, cargo carriers, storage solutions and off-road accessories from South Africa that ...
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ArticleU.S. bike industry veteran to head Hero International in London
After Indian two-wheeler giant Hero MotoCorp Ltd. (also known as Hero Motor Company or HMC ) announced in March the formation of Hero International ( HIT ) as its new international headquarters in Europe, U.S. industry veteran Jeff Weiss has now been hired as CEO of ...
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News briefs
Germany’s coffee roaster Tchibo sells Mink campers online
Source: Mink Campers Mink 2.0 offroad caravan Two compact camping caravans have been on sale at Germany’s coffee roaster Tchibo since May 18. In addition to the KIP Shelter (€12,950) from the Netherlands, Tchibo is also offering the Mink 2.0 (€18,280) from ...
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News briefsDometic acquires Enerdrive
SOG member Dometic Group AB just announced the acquisition of Enerdrive , an Australian-based provider of mobile power products for the outdoor market, including solar power solutions, batteries and battery chargers. The acquisition of Enerdrive broadens Dometic’s offering and distribution network in the Pacific region and also increases ...
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News briefsHeimplanet collaborates with U.S. electric car manufacturer
California-based Alpha Motor Corporation has just announced a collaboration with German tent brand Heimplanet to jointly develop mobility solutions based on a shared vision of a new culture of mobility - „mobility that resonates with people across generations through fun, modern, and sustainable solutions.” The collaboration is expected ...
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News briefs
Dometic reports growth in its first quarter
Dometic , the Swedish brand that was awarded the ”Fastest Growing Equipment Accessories Brand in the U.S. Outdoor Industry” by data analytics company NPD Group , has just released its Q1 financial report. The Stockholm-based company and the latest new member of the Scandinavian Outdoor Group ( SOG ) ...
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ArticleDometic acquires Valterra Products
Dometic, the Swedish brand that just joined the Scandinavian Outdoor Group ( SOG ), has reached an agreement to acquire Valterra Products , a North American provider of service and aftermarket products primarily for the RV (recreational vehicles) industry. The acquisition expands Dometic’s service and aftermarket ...
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ArticleChinese e-mobility specialist Yadea announces global expansion course
At an international press conference in mid-April, Chinese e-two-wheeler giant Yadea Technology Group Co., Ltd. unveiled its product mix with which it plans to make a global splash in the future. Under the slogan “ Electrify your life ,” the first e-scooters and e-bikes were added to the global ...
