All Article articles – Page 62
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ArticleKMD Brands sees sales momentum resuming
After a challenging first half impacted by the effects of the Covid-19 pandemic, KMD Brands experienced rebounding sales in the final two quarters.
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ArticlePaul Lange management expands with third-generation family member
Source: Paul Lange & Co. Paul-César Lange Stuttgart-based bicycle wholesaler and importer Paul Lange & Co OHG has filled the newly created position of chief strategy officer (CSO) with Paul-César Lange, who will be responsible for strategic direction in his new role with immediate effect. He will ...
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ArticlePortugal’s two-wheeler export volume grows 38 percent in the first 7 months
According to the Portuguese Bicycle Industry Association ABIMOTA, Portugal has achieved a production growth of 38 percent in the first seven months of the current year 2022 (and compared to the same period in 2021). These figures, which have also been confirmed by the European Union’s statistical office Eurostat, make ...
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ArticleChouinard family transfers Patagonia ownership to channel dividends to environmental protection
Source: Campbell Brewer Yvon Chouinard Nearly 50 years after founding Patagonia, Yvon Chouinard and his family (together with his children Claire and Fletcher) have decided to give away their company to ensure all proceeds will be used to fight climate change. The Chouinard family has transferred all ...
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ArticleOpening up the Outdoors: A report from the Outdoor Industries Association’s annual gathering
The British trade body’s Annual General Meeting has been a great indicator of its national waymarks: it marked the speech from the Prime Minister about putting the country into lockdown, it was the first gathering I attended post lockdown, while this week, it marked the death of the monarch – ...
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ArticleMips predicts temporarily weaker bicycle market than expected
After two years of bicycle-related sales records, the listed Thule Group AB already spoke of an imminent temporarily reduced bicycle-related sales volume that will affect sales and profitability in the coming months (OIC reported). Now Mips AB, also from Sweden, is following suit: The Brain Protection System (BPS) manufacturer, also ...
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ArticleLenzing sees Austrian site at risk due to energy costs, politics and shortage of skilled workers
Stephan Sielaff, the CEO of fiber manufacturer Lenzing AG, sees Austria as an attractive production location - but also as a vulnerable one. “Gas prices are high in Austria, but not in China. If we can no longer cover our costs, at some point, it will be the end of ...
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ArticleOberalp Group presents products made from hemp
Right next to Oberalp’s own hemp field, the Alpine Hemp collection from Salewa was among the products presented at a cross-industry event on the topic of hemp on Sep. 7. For this purpose, industrial hemp was grown and processed into new products in a multi-industry partnership. At the press conference ...
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ArticleRiese & Müller with new management structure and first-time management board
Almost 30 years ago, Markus Riese and Heiko Müller, then students, founded the bicycle company Riese & Müller GmbH (R&M). Since then, the German business has grown from a folding bike start-up to a global player in the e-bike market and today employs over 900 people and generates annual sales ...
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ArticleEOCA submits application for Earthshot Prize
The European Outdoor Conservation Association (EOCA) has taken a step forward with its application for the 2022 Earthshot Prize. Launched in late 2019, the Earthshot Prize will award five £1 million prizes each year for ten years. Established by Prince William and the Royal Foundation of The Duke and Duchess ...
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ArticleSwedish e-bike manufacturer EcoRide brings production home
Due to its growth course and imposed EU anti-dumping duties on e-bikes from China, e-bike supplier Nordic Group EcoRide AB moved its production from China to Poland in 2018 – still under the old company name ProNordic Group. Now the Swedish company is moving production again, from Poland to Sweden ...
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ArticleSpinnova reports soaring revenues in H1
Spinnova has reported revenues of €7.6 million for the first half of 2022, which compares to €370,000 in the first half of 2021 and to €6.1 million for the whole of 2021. However, the Finnish biomaterials company also reported an operating loss of €5.8 million for H1, which compares to ...
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ArticleBosch eBike Systems expands IBD service portfolio in Europe
German e-bike drivetrain maker Bosch eBike Systems is strategically expanding its service portfolio for independent bicycle dealers in Europe. In addition to launching training courses in five additional countries (Ireland, Croatia, Luxembourg, Poland and Slovenia), the company has created a new partner portal that allows e-bike dealers to stay up ...
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ArticlePon Holdings continues to invest in the automotive and bicycle mobility segments
Source: Veloretti After the parent company of Pon Bike Group (PBG), Pon Holdings B.V., on June 1 became a minority shareholder in German car dealer Adelbert Moll GmbH & Co. KG (better known as Moll Group) for an undisclosed amount, the Dutch retail and services giant has ...
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ArticleWhat to expect at ISPO Munich in November 2022
Tobias Gröber, head of ISPO Group, revealed the latest plans for the upcoming ISPO Munich from Nov. 28-30 and gave an interesting outlook on the sports market in general.
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ArticleEcco finishes renovation of headquarters
Ecco has completed the refurbishment of its headquarters located in Bredebro. The town, situated in southern Denmark, has been the company’s home since its foundation in 1963 by Birte and Karl Toosbuy. The site comprises various corporate functions, including finance, supply chain, procurement, information technology, human resources and corporate responsibility. ...
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ArticleIt’s Great Out There Coalition enters ambitious new era with OUTO, Schimeck new president
The It’s Great Out There Coalition (IGOT) has begun a new era following a successful extraordinary general assembly this week. At the meeting, held online, members approved changes to the constitution that allowed for the incorporation into the coalition of the U.K.-based initiative Opening Up the Outdoors (OUTO). During the ...
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ArticleThe next generation strengthens Edelrid's management
Source: Edelrid Vitus Wuhrer Since Aug. 1, 2022, Vitus Wuhrer has reinforced the management of Edelrid GmbH & Co.KG, the German company specializing in the manufacture of PPE (personal protective equipment) items for alpinism and mountaineering as well as professional applications, and part of the Vaude Group. ...
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ArticleA view from the European Outdoor Group
Source: Arne Strate Arne Strate, General Secretaray EOG While I know that business doesn’t stop during the summer, nevertheless it is a time when many people take the opportunity to have a significant break with their families or, in the case of climbers and backpackers, head out ...
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ArticleBikeExchange reports higher revenue and loss, lower costs
In its 2021/22 annual report, publicly traded online bicycle marketplace BikeExchange Limited makes no secret of the fact that it has been on a rigorous restructuring course over the past 12 months. Nevertheless, total revenue increased 47.4 percent compared to the previous fiscal year 2020/21 (which also ended June 30) ...
