Belgian investor acquires Santos Bikes shares from Think2Act
Belgian investment holding company Korys Investments acquired shares in Dutch bicycle manufacturer Santos Bikes on Oct. 19. No details were given about the number of shares or the sale price; all that is known is that Korys bought all shares that had been in the hands of previous Santos investor ...
Sea Otter Europe 2022 will be held in autumn
After the fifth edition of the bike show Sea Otter Europe Costa Brava-Girona was canceled last year due to Covid-19, this year’s event, held from Sept. 24 to 26, exceeded all optimistic forecasts. According to the organizers, 240 brands from 15 countries and around 45,000 visitors from 50 countries were ...
Intersport opens second flagship store in Salzburg
On Oct. 21, the Tscherne family’s second premium location in Salzburg, Austria, opens with a sales area of 4,000 square meters on Alpenstraße. Intersport Tscherne invested around €6 million in the store, which includes the latest in sports analysis technology. From mid-October, 50 employees will be advising customers on four ...
Revised ISPO Awards with four judging dates per year
ISPO Group has announced that it will now honor the highlight products and services of the sports industry four times a year with the latest, conceptually revised version of the ISPO Award. As usual, a jury of experts will evaluate all submissions individually according to criteria such as design, function, ...
Signa Sports United collects more funds
The Wall Street Journal reports that Saudi Arabia’s Public Investment Fund is about to make a major investment in Signa Sports United (SSU), the big operator of online stores based in Berlin, which indicated four months ago its intention to go public. It would join other investors including Abu Dhabi’s ...
Public voting phase for EOCA projects starts
The online public voting for the next projects supported by the European Outdoor Conservation Association (EOCA) is now open. In line with EOCA’s current two-year focus, all 17 projects on the shortlist are tackling biodiversity loss in extraordinary landscapes worldwide. They were picked from nearly 250 applications that the EOCA ...
Major investment in Portuguese bicycle production for the EU market
The Portuguese bicycle industry association ABIMOTA has unveiled a major project with a planned total investment volume of over €258 million, through which Europe’s leading bicycle production intends not only to strengthen but also to expand its role. Plans also call for creating a technology center as a hub for ...
Former CEO of Private Sport Shop group to join Moustache Bikes as CEO
French e-bike supplier Moustache Bikes is strengthening its management team ahead of its tenth anniversary, launching a new development phase. On Jan. 1, 2022, Olivier Cantet, an experienced executive from the outdoor and sporting goods industry, who describes himself as a “leading French e-bike specialist,” will join the company as ...
Craft launches Universal Health Wear collection for U.S. citizens
The U.S. subsidiary of the Swedish brand Craft is launching a new special project: selected apparel lines will be discounted by 10.7 percent for the U.S. market, which is equivalent to the percentage of income that all Swedes pay for their all-covering health care. The new line is called “Universal ...
Signa Sports to launch AI-based virtual bike fitting engine
Sports e-commerce and tech platform Signa Sports United (SSU) has entered a strategic partnership with Motesque, a Brooklyn, NY, and Cologne-based specialist startup for biomechanics, computer vision and AI, to launch the first-ever biomechanical AI-based virtual bike fitting engine for online bike shopping. Motesque was founded in 2015 by Professor ...
Rose Bikes receives Forum Award
This year Rose Bikes receives the renowned Forum Award of the industry magazine Textilwirtschaft in the „Brand“ category. The award is given for entrepreneurial or personal achievements that have a lasting formative influence on developments in the fashion business. “I am incredibly proud of this award,” said Marcus Diekmann, managing ...
Pon Holdings acquires Dorel Sports
The Dutch Pon Group and Canadian conglomerate Dorel Industries Inc. officially announced on Oct. 11 that Pon.Bike (brands Cervélo, Focus, Gazelle, Juliana, Kalkhoff, Santa Cruz, Union, etc.) will acquire Dorel Sports (brands Cannondale, Caloi, GT, Mongoose, Schwinn, etc.). According to the two parties, this mammoth marriage will create “a leading ...
Global bicycle stocks: Demand remains strong, but supply chain prevents further highs
While falling infection rates and rising economic data helped our global bicycle stocks soar in the second quarter of 2021, a majority of our companies included in the Q3 overview had to adjust downwards in the third quarter. Demand remains high, yes, but the supply chain and some logistical issues ...
EKOÏ integrates Tocsen sensor into its bicycle helmets
Following Uvex and Alpina, French brand EKOÏ will now integrate the Tocsen crash sensor into its bike helmets. In Germany, the Smart Crash Helmet Sensor from Tocsen, a startup founded in 2019 in Freiburg, has been in stores since 2020. It sends an emergency call to all emergency contacts in ...
Outdoor industry stocks declined by 6% in Q3
Public companies involved in the outdoor and bike sectors saw their average share value decline by 6.0 percent between June 30 and Sept. 30 of this year, after rising by 18.9 percent during the first quarter and by 13.8 percent during the second quarter. The sector performed a little better ...
Boa wins another DI.A award
Boa Technology has won its second Design & Innovation Award (DI.A), after the one it won in 2016 for its IP1-S platform. The winning product is its Li2 dial platform, a bayonet and cartridge system – like the L6 platform – made mostly of anodized aluminum. Introduced this autumn, ...
Bollé expands product and design teams
In addition to a series of hires to support its marketing, business, e-commerce and corporate social responsibility departments, Bollé Brands Group has added several industry veterans to its helmet, goggle and sunglass innovation team. Corentin Daniel was appointed global product engineer, a newly created position, and brings 17 years of ...
North American Handmade Bicycle Show 2022 to be held in Denver
According to founder and organizer Don Walker, the North American Handmade Bicycle Show (NAHBS), which was once planned for March 2020 but postponed to August due to Covid and eventually canceled, will open its doors next year in 2022 in Denver, Colorado, not Dallas, Texas, as planned for 2020.
Listed majority owner of Bikeleasing-Service renamed
On June 16, German technology group Brockhaus Capital Management AG (BCM), which has only been traded on the stock exchange since July 2020, signed a purchase agreement to acquire a majority stake in Bikeleasing-Service GmbH & Co. KG (BLS), “a leading digital B2B platform for the highly automated brokerage and ...
Uvex Group builds new logistics and service center
With a symbolic groundbreaking ceremony on Sept. 27, the Uvex Group gave the starting signal for the construction of the new, modern and sustainable logistics and service center in Rednitzhembach, Germany. The building, which has been pre-certified by the German Sustainable Building Council (DGNB), will begin to take shape in ...