Bicycle developer and designer Andi Muff has new OEM offering
Andy Muff has developed a new damping system that uses an unusual natural fiber
Vista Outdoor replaces CEO Chris Metz with interim chief Gary McArthur
The board of Vista Outdoor Inc, parent company of 41 brands in the outdoor and firearms sectors, has asked its CEO Chris Metz to resign from his role after the company’s board lost confidence in his leadership. The board, which named director Gary McArthur as Vista’s interim chief, said Metz ...
Vista Outdoor net income dips 45% in Q3
Vista Outdoor, the group that owns 41 sporting and outdoor brands, saw its Q3 net income fall by 45 percent to $65.1 million from $118.1 million for the third quarter ending Dec. 25. Reported earnings before interest and taxes (EBIT) declined by 38.8 percent to $97.3 million. Earnings before interest, ...
MCG to distribute Selle San Marco in Germany and Austria
The German specialist Merida & Centurion Germany (MCG) has become the exclusive distributor for bike-saddle specialist Selle San Marco in Germany and Austria. Selle San Marco was founded in 1935 and manufactures its saddles for gravel, road, urban and MTB in Italy. The Italian brand has been owned by Selle ...
Parcours and Classified Cycling announce technical partnership
British wheel brand Parcours and Classified Cycling have announced a long-term technical partnership. Parcours will now offer ready-to-ride wheelset models, built to be compatible with Classified Powershift technology.
Eurobike Industry Award 2023 are now open for submissions
The Eurobike Award 2023 for innovative products in the bicycle and future mobility industry will be staged for the first time at Messe Frankfurt this year after a one-year break and the relocation of the international Eurobike trade show from Lake Constance. For the award, the trade show is partnering ...
Amer’s Enve Composites has a new GM
U.S.-based Enve Composites, a manufacturer of carbon bicycle frames, wheels and components and, more recently, apparel, has a new general manager. Mike Stimola succeeded Jeremy Venz at the turn of the year.
Giant Group acquires minority stake in Stages Cycling
According to two filings published on the Taiwan Stock Exchange (TWSE), the country’s largest bicycle manufacturer, Giant Manufacturing Company Ltd (a.k.a. Giant Group – Cadex, Giant, Liv, Momentum brands), has acquired a minority stake in U.S.-based indoor cycling and professional cycling training expert, Stages Cycling LLC.
Polygiene completes LCA with encouraging results
Chemical technology specialist Polygiene has completed a life cycle assessment (LCA) to achieve a precise database for the environmental impact of washing, comparing non-treated garments with those treated with its StayFresh textile treatment.
Vista creates action sports division under outdoor umbrella, led by Fox Racing president
According to Shop Eat Surf, Jeff McGuane, president of Fox Racing, has been promoted at Vista Outdoor to lead a restructured Action Sports division, which includes Fox Racing, Bell, Giro, Blackburn, Krash, Copilot and Raskullz. Vista Outdoor acquired Fox Racing in August 2022.
GfK e-bike monitor 2022 researches European consumer journey
In its latest European comparison of the e-bike market, GfK has researched the owners’ preferences, the customer journey of potential e-bike buyers and the actual use of the bike once it is purchased. The GfK E-Bike Monitor 2022 reveals that many e-bike buyers are already owners: for example, one in ...
Alpkit raises £1.5 million in funding
Alpkit, the British outdoor and cycling brand and retailer, has secured £1.5m (€1.7m) from the Midlands Engine Investment Fund (MEIF). The new funding will help it strengthen seasonal inventory acquisition and product development in the footwear and e-bike lines. It will also enable the company to take over its bike ...
Thule Group tightens climate targets
The Thule Group has set net-zero targets for 2050, extending its climate strategy set up already in 2020, when the company applied for formal review and approval by the Science Based Targets initiative (SBTi). According to the company, the group commits to reducing its overall greenhouse gas emissions by at ...
Design & Innovation awards 2023 for bike and outdoor products presented
The Design & Innovation Awards have been presented since 2017 and describe themselves as the “Oscars of the bike and outdoor industry.” For the awards, an international jury tested and identified the most outstanding products and trends of the new season in San Vigilio, Italy. The companies honored include Deuter, ...
Parent company of Deuter, Ortovox & Co. has a new CFO
The Schwan-Stabilo Group, which owns the Ortovox, Gonso, Maier Sports and Deuter brands, announced that Anke Buttler has become the group’s new chief financial officer (CFO), joining CEO Sebastian Schwanhäußer as part of the group’s executive management team on Jan. 1. With a degree in business administration, Buttler brings more ...
Norrøna acquires travel specialist and expands into international tourism
After acquiring the local tourism operator Hvitserk of Norway in 2020, Norrøna has now also acquired the global adventure tourism company Hvitserk & Eventyrreiser AS, which was founded in the 1970s. Hvitserk & Eventyrreiser offers trips to 50 countries all over the globe. Following the transaction, the company, now operating ...
Bicycle Association and Novuna partner to make bike purchases more affordable
The U.K.’s trade association for the bicycle industry, the Bicycle Association (BA), has entered into a new partnership with Novuna Consumer Finance, one of the U.K.’s leading retail finance providers. The partnership will enable all BA members and the more than 1,000 U.K. bicycle retailers participating in its Investors in ...
Deuter again achieves Fair Wear Leader status
German brand Deuter has confirmed its leader status with the multi-stakeholder initiative Fair Wear Foundation for the tenth time in a row, reaching 94 of the maximum of 100 points possible. The yearly check-up validates the implementation of fair working conditions in a company’s supply chain. Besides the measures taken ...
New CEO for bike components manufacturer BC
Dominic Land is the new CEO in charge of Bike-Components, the German online retailer of bicycles and bicycle parts, since Jan. 1. He has taken over from Philipp Simon.
E-com start-up Velio offers refurbished bikes and e-bikes, expands into Austria
In its online shop for refurbished bikes and e-bikes, German start-up Velio wants to offer a higher quality alternative to private used gear marketplaces. Velio sells secondhand bikes and e-bikes that are overhauled at the company’s workshop in Cologne. All bikes come with a 12-month guarantee and can also be ...