Patagonia Worn Wear offers repair service on trails in Germany and Austria
For the first time this summer, the Patagonia Worn Wear team is offering free repair of zippers, tears, holes, seams and more of clothing that has suffered and deserves a new life - no matter what the brand - directly on some of the most popular MTB trails in Germany ...
New products for Tour de France brand merchandise
Tour de France is introducing a new brand, “Maillot Jaune,” with products for cyclists of all abilities. Italian equipment supplier Santini is supporting the launch with the creation of an initial exclusive collection that celebrates the Tour. New manufacturers will be called on to support the brand in the future. ...
KKR acquires 96% of Accell Group
The consortium led by Kohlberg Kravis Roberts & Co. (KKR) has now acquired 96.9 percent of Accell Group’s share capital, although the 80 percent acceptance period was not quite reached. Under the tender offer, 5,671,703 shares were tendered during the acceptance period, representing approximately 21.1 percent of the total outstanding ...
Porsche Ventures invests in London-based bicycle insurance provider
Laka, a London-based bicycle insurance provider that announced a $12 million Series A round earlier this year, has secured additional funding from Porsche Ventures, the venture capital unit of Porsche AG, bringing the total round to $13.5 million. The Series A funding was initially led by Autotech Ventures, followed by ...
Swedish insurer criticizes Hövding
The Swedish trade publication ehandel.se reports that Hövding’s “airbag” bicycle helmet failed to inflate in German crash tests conducted by the government testing agency BaST in a collision with a car traveling at 40 kilometers per hour. This, in turn, prompted Folksam, a Swedish insurance group based in Stockholm, to ...
Buff sponsors East African cycling team Amani
Buff has announced a new partnership agreement with the pro cycling team Amani to become their official sponsor of head and neck products, both for cycling and for day-to-day use.
Pivot Cycles promotes global sales manager to president
U.S.-based MTB and gravel bike company Pivot Cycles has promoted its current global sales manager, Brian Mason, to president. He will oversee management team members and key departments in his new role, “including all operations of Pivot’s Stuttgart, Germany offices.” Mason began his tenure at Pivot Cycles in 2015 as ...
USWE acquires Oregon-based Giant Loop, opens U.S. subsidiary
Swedish company USWE Sports AB has agreed to acquire U.S. companies Giant Loop LLC and Armadillo Bag LLC, among the most successful brands in the soft-bag segment for the off-road market in the U.S. The fixed acquisition price totals approximately $3 million, of which roughly $1.5 million will be paid ...
POC launches helmet designed for end-of-life recycling
Swedish brand POC has introduced the Myelin, a new cycling helmet that can be disassembled into its individual components at the end of its life, and its parts can then be recycled. The helmet is made from 50 percent recycled materials. The shell is made from woven recycled fabric and ...
The Big Gear Show to offer bike demos
The National Bicycle Dealers Association (NBDA) and PeopleForBikes will partner to host bicycle demonstrations at The Big Gear Show 2022 (Deer Valley Resort, Utah, Aug. 2-3, 2022). Two group rides will be held each day of the show. The demo rides will be available to all registered retailers and media ...
China Cycle announces new date and location
In early April, the organizers of the China International Cycle Show canceled the 2022 edition, scheduled for May 6-31, due to the fierce Covid Omicron variant, which is particularly rampant in the greater Shenzhen and Shanghai areas. However, China Cycle 2022 was not completely abandoned. Now the organizer announced that ...
New MAAP LaB opens in Melbourne
MAAP, the Australian cycling apparel specialist, has unveiled its inaugural concept store, MAAP LaB, in Collingwood, an inner-city suburb of Melbourne. The store, located at 33 Wellington Street, occupies a new development in the ex-industrial end of Collingwood and is open seven days per week. “LaB,” which stands for “Life ...
Vittoria Group and A Dugast open new regional headquarters in the Netherlands
Right after the acquisition of A Dugast by the Vittoria Group in May 2021, there were considerations on how best to join forces and exploit synergies. On June 15, the two bicycle tire suppliers inaugurated the new headquarters of Vittoria Northern Europe and A Dugast in Oldenzaal, the Netherlands. This ...
Gebrüder Weiss launches international cycling campaign
On April 1, the Austrian logistics company Gebrüder Weiss launched the bicycle campaign “Cycling around the World,” aimed at cyclists worldwide. Cyclists record and count the kilometers they have traveled until the end of September using an app. The original goal was to cycle a total of 40,075 kilometers as ...
Equip Outdoor releases comprehensive sustainability report
Equip Outdoor Technologies, the owner of brands Rab and Lowe Alpine, has officially released its sustainability report 2021 at the Outdoor by ISPO show in Munich. The detailed and very transparent report unrolls the efforts and projects of the past years on 32 pages, like an increase of recycled fabrics ...
Evoc takes over its distribution in Germany from BikeAction
Evoc Sports, specializing in protective bags and bike packs, will take over the distribution of its product in Germany from its current agency BikeAction, in charge since 2008, as of September 2022. The agency will continue to provide support, deliveries and customer care until Aug. 31, 2022. The German market ...
Mips presents new strategy and updated financial targets
At Capital Market Day 2022 in Stockholm on June 9, Swedish helmet technology and “Brain Protection System” (BPS) manufacturer Mips AB unveiled its new long-term strategy with updated financial targets and strategic priorities for the coming years. The reason for revising the company’s strategy and long-term financial targets is not ...
Accell Group takeover: KKR declares offer unconditional
After the status of the Accell Group takeover was in limbo last week, Accell Group and KKR (Kohlberg Kravis Roberts) have now jointly announced that, considering all offer conditions having been satisfied or waived, KKR declares the offer unconditional. The number of shares that have been tendered for acceptance under ...
Schöffel hires David Randall as creative director
Design expert David Randall is the new creative director at Schöffel. The British-born designer, who has lived in southern Germany for 25 years, was most recently responsible for the design of the outdoor label Black Yak and established the South Korean brand on the world market with his designs. Before ...
SSU partners with Rhenus on “largest bicycle components hub in Europe”
Signa Sports United (SSU) announced a strategic partnership with Rhenus Warehousing Solutions and the opening of a new state-of-the-art SSU warehouse. The newly built 20,000-square-meter facility, which SSU says is the largest bicycle parts hub in Europe, is strategically located in Hockenheim, Germany, with excellent distribution channels to several European ...