All Mountainbiking articles – Page 15
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ArticleBike stocks 2020: Corona gives the bicycle industry a turbo boost
Same same but different – 2020 has been a real rollercoaster. Not only for the world economy but for each individual: Corona set the course. 2020 saw the most extreme stock market movements ever. What it finally taught us above all: whether economic, trade or other wars, political crises or ...
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ArticleWho are the winners of the Corona summer?
The outdoor industry and tourism associations weathered the first Corona summer quite well. Some hiking and biking equipment suppliers were even able to record double-digit growth rates compared to the previous year. However, things are now looking rather bleak for the first few months of the coming year.
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News briefs
SunGod supports GB Snowsport, POW U.K. and Canyon DHB cycling team
SunGod, a DTC eyewear brand launched in 2013 on crowdfunding site Indiegogo by Zoe Armstrong and Ali Watkiss from London, has announced that it will be supporting the next generation of British snowsports athletes as the official eyewear partner of GB Snowsport. Just a few weeks ago, the young brand ...
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News briefs
Taichung Bike Week announces dates for 2021 show
The next edition of the Taichung Bike Week will be held from Sept. 28 to Oct. 1, 2021. The 2020 event was canceled due to the Covid-19 pandemic. The show will take place at three Taichung hotels, The Splendor, The Tempus, and The Evergreen. The Taichung Bike Week is open ...
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News briefs
Canyon temporarily pauses shipments to the U.K.
Canyon Bicycles has announced that it will not ship orders to the U.K. from Dec. 19 until Jan. 11 in connection with Brexit transition and due to the “uncertainty and potential bottlenecks at the border.” The company is currently modifying its processes in order to comply with new legislation as ...
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News briefs
French retail chain Monoprix to offer bicycle products and repair tools
Monoprix, part of Casino Group, is planning to offer products for urban mobility at its downtown stores. A pilot of “La Station,” the name that was chosen for this new area of the store, has been set at the Monoprix store in Paris Montparnasse. This particular store was recently reopened ...
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News briefs
Major burglary at Specialized headquarters
The headquarters of Specialized Bicycle Components in Morgan Hill, California, was hit by a daytime break-in and robbery on Sunday, Dec. 13. According to reports in The Mercury News, the thieves stole 18 high-value bicycles worth more than $160,000 in total. Police officers were called at about 4:35 pm by ...
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ArticleGerman bike company Canyon bought by Belgian Adidas shareholder
Groupe Bruxelles Lambert (GBL), a major Belgian-based investment company, has agreed to take over majority control of Canyon Bicycles, the German bike producer known for its direct-to-consumer approach. Roman Arnold, a former supplier of bike components who founded the brand in 2002, will reinvest a significant part of the proceeds ...
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News briefs
Alpkit to expand into Scotland in 2021
Alpkit, an outdoor brand from Nottinghamshire, England, has announced plans to open its first Scottish store in Edinburgh early next year. The store, which will be located on Edinburgh’s Causewayside, is reportedly recruiting 12 staff members. In addition to selling gear to hike, climb, camp, run, swim and cycle, the ...
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News briefs
Dorel calls special shareholders’ meeting for going-private transaction
The shareholders of Montréal-based Dorel Industries, the parent company of Cannondale, GT, Schwinn and other bike brands, will hold a virtual extraordinary meeting on Jan. 12 to vote on the offer by Cerberus Capital Management to take the company private at a price of CAD14.50 per share. Dorel’s board of ...
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News briefs
UK bike sales up by 60% since March
Retailers in the U.K. have seen bicycle sales increase by 60 percent since March, while e-bike sales have more than doubled. These and other figures are featured in The Impact of COVID-19 on the UK Cycling Market in 2020, an 89-page account of cycling industry sales and growth during the ...
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News briefsEuropean bike sales to jump 47% by 2030
A new forecast from CIE (Cycling Industries Europe), CONEBI (Confederation of the European Bicycle Industry) and ECF (European Cyclists’ Federation), three industry groups based in Brussels, has predicted that Europeans will buy an extra 10 million bicycles per year by 2030. This would represent an increase of 47 percent as ...
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News briefsWorld Cycling Forum 2021 takes place during IAA Motor Show in Munich
The World Federation of the Sporting Goods Industry (WFSGI) revealed that the next edition of the World Cycling Forum (WCF) will take place on Sep. 9-10, 2021 during IAA Mobility (Sep. 7-12) at Messe München’s International Congress Center (ICM). Following the relocation of the IAA automobile show from Frankfurt to ...
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News briefs
The Italian bicycle market will post record sales in 2020
According to data from ANCMA (Associazione Nazionale Ciclo Motociclo Accessori), the sector’s trade association, bicycle sales in Italy are expected to increase by 20 percent this year as compared to 2019. The pandemic provided the primary drive for the growth, followed by the mobility bonus that was allocated by the ...
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News briefs
Staff changes at Groupe Rossignol in Austria
The Austrian branch of Groupe Rossignol has announced a series of staff changes. Sandro Aichner, sales manager of Rossignol Austria at the Innsbruck office since 2011, will assume responsibility for the Dynastar, Lange, Look and Kerma brands on top of Rossignol. The previous sales manager for Dynastar, Lange and Look, ...
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News briefsEntire Austrian territory now covered by RECCO’s search technology
The Swedish rescue technology company RECCO has reported that Austria is the first country in the world to fully cover its entire territory with RECCO SAR detectors. Searches will be carried out jointly by the Austrian Air Police (BMI) and the Austrian Mountain Rescue Service (ÖBRD). The detectors are placed ...
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ArticleGoPro's DTC approach drives profits
The American action camera specialist managed to post a profit for the third quarter thanks to a more intense direct-to-consumer (DTC) approach and strong sales of new products, which helped boost total revenues by 114 percent to $280.51 million. Analysts expected revenues of $234.5 million. GoPro’s net income for the ...
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ArticleVista Outdoor’s shares soar on good results and upbeat guidance
Vista Outdoor, which includes brands such as Bell, Giro, Camelbak, Camp Chef and Bushnell Golf, saw its stock rise by 8 percent after posting strong results for the second fiscal quarter ended Sep. 27. It also released a positive outlook for the next quarter. Sales surged by 29 percent to ...
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News briefs
Thule Group joins Science Based Target Initiative
With the ambition to further reduce its greenhouse gas emissions, the Thule Group has joined the Science Based Targets Initiative. With this step, Thule is setting even clearer goals for its ongoing long-term efforts to reduce its own greenhouse gas emissions and those of its suppliers. Joining the initiative will ...
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ArticleBike boom boosts Shimano's earnings
Shimano’s sales for the first nine months of the year were down by 2.0 percent from the year-ago period to 264,174 million yen (€2.16bn-$2.53bn), hampered by lockdowns around the world in response to Covid-19. However, sales started to improve during the second quarter due to the soaring popularity of cycling ...
