All Bike & eBike articles – Page 14
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News briefsBelgian Cycling Factory strengthens IBD commitment
Bicycle supplier Belgian Cycling Factory – parent of the Eddy Merckx and Ridley brands – is expanding its team of country managers as part of a new IBD business model.
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ArticleFounding family takes over on occasion of Norco Bicycles’ 60th anniversary
Independent bicycle wholesaler Norco Bicycles – renamed Live to Play Sports Group Inc. in 2011 – is no longer managed by the Lewis and Zalkow families.
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ArticleBicycle industry veteran launches virtual marketplace for OEM components
When “Mr. Koga” Pieter-Jan Rijpstra left the Dutch bicycle company Accell Group after 22 years at the turn of 2023/2024, he had a new project in mind. At the heart of his own, newly founded industry consultancy Bike Expert Interim Consultancy B.V. (BEIC) is an online platform of the same ...
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News briefsAustrian e-bike contract manufacturer WSF Technology liquidated
The administrator announced in July that the young Austrian bicycle and e-bike contract manufacturer WSF Bicycle Technology GmbH would be liquidated, which means that the company’s assets are being sold.
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ArticleWintersteiger tests fully automated bike wash system in Vienna
At the end of last year, Austrian company Wintersteiger Sports placed one of its fully automatic bike washing systems at the University of Applied Sciences Vienna for public testing – primarily to gain experience of usage behavior in collaboration with students. The insights have been incorporated into the further development ...
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ArticleSidi Sport signs ‘Business for People and Society’ manifesto
Sidi Sport supports the manifesto “Business for People and Society,” drawn up by the UN Global Compact Network Italy, the local network of the UN Global Compact, the world’s largest sustainability initiative for companies.
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ArticleDevold Transparency Map: Voluntary report in line with CSRD
Norwegian brand Devold has voluntarily committed to reporting on the 2024 financial year as part of the Corporate Sustainability Reporting Directive (CSRD). The focus is on the impact of the company’s supply chain.
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ArticleMips sales bounce back to double-digit growth
In the second quarter of 2024, Mips AB generated net sales of 133 million Swedish kroner (€11.54m). According to the company, the sales growth of 30.4 percent compared to Q2 2023 can primarily be attributed to a normalizing inventory situation in the sports category.
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ArticleThule Group operating income rises 3% in Q2
Thule Group AB, despite a promotional North American market and lower RV products across Europe and Rest of World, reported a 3 percent gain in operating income to 732 million Swedish kroner (€63.3m) for the quarter ended June 30. Net income increased by 3.7 percent to SEK 559 million (€48.4m) ...
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News briefsPearl Izumi promotes US sales director to VP/GM
Colorado-based cycling apparel and footwear brand Pearl Izumi announced the promotion of sales and brand manager Daran Godfrey to vice president/general manager, effective immediately. Godfrey has spent the past two years at Pearl Izumi as Director of US Sales under the United Sports Brands umbrella. He brings a total of ...
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ArticleBicycle Industry Stock Chart Q2 2024: Glass half full or half empty?
While the wars against Ukraine and in the Middle East appear to have already been priced in by the global stock markets, the clear shift to the right in the European elections in early June and the poor performance of US President Biden in the first TV debate against Donald Trump put the markets under pressure. As a result, there was no clear picture of the bicycle market – or the global stock market across all sectors.
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News briefsCycling trends from around the world, according to Garmin
Garmin has released a report showing how cyclists around the world are logging kilometers and the positive impact this has on health. Data from the Garmin Connect community also shows that cycling is becoming increasingly popular. Here are some of the key findings from the past year: Cycling activity ...
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News briefsWeSports acquires holding stake in Swedish company Cargobike
Stockholm-based group WeSports announced the approval of a strategic partnership with the Swedish company Cargobike, founded in 2007, in which the company acquires a holding stake. Cargobike is recognized as the market-leading specialist in cargo bikes and functional mobility in the Nordics, with a turnover of SEK 116 million (€10.2m) ...
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ArticleSport 2000 Austria and Bike&Co join forces
As the demand for bicycles in Austria has been unbroken for years and the need for competent advice, technical services and high-quality equipment is increasing, Sport 2000 Austria has decided to cooperate with the German buying group Bike&Co (BiCo). The intention is to pool both associations’ know-how and expert knowledge, ...
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News briefsAdidas reimagines the Stan Smith for cyclists
Source: Adidas Adidas VeloStan Smith The new VeloStan Smith is Adidas’ very own reinterpretation of a classic tennis/lifestyle shoe for urban cyclists and commuters. The shoe retains the unmistakable silhouette of the original Stan Smith, but features a two-bolt SPD shoe system for clipless pedaling. Adidas and ...
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News briefsScott Sports names Hap Seliga President of its US business
Source: Scott Sports Hap Seliga Scott Sports SA has appointed US industry veteran Hap Seliga as the new President of its subsidiary Scott Corporation. Together with the teams in Salt Lake City, Utah, and Ogden, Utah, Seliga will drive growth in the US market and consolidate the ...
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News briefsKent Outdoors appoints new CEO
Utah-based Kent Outdoors has named Randy Hales as its new CEO. Hales brings decades of experience in the consumer products industry and has held executive positions at several high-growth companies, including CEO of Next Level Apparel, a blank apparel manufacturer; CEO of Zagg, Inc., a global mobile accessories company; and ...
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News briefsTwo long-standing executives to share new COO role at Garmin
Garmin announced today that Patrick Desbois and Brad Trenkle have both been appointed to the newly created role of Chief Operating Officer, effective July 1, 2024. Source: Garmin Patrick Desbois Desbois will provide executive oversight for Garmin’s aviation and auto OEM segments, global supply chain and operations, ...
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News briefs7Mesh with new distributors in Europe and North America
Founded in 2014 by former Arc’teryx and Assos managers on Canada’s West Coast, technical cycling apparel brand 7Mesh Industries Inc. is now also represented by distributors in the Benelux market and in the Canadian province of Ontario. Approaching its tenth anniversary, these new appointments – alongside the recent expansion of ...
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News briefsHervis Update: Hanfeld to assume sole responsibility
Austrian sports retailer Hervis is taking the next step in its ongoing restructuring: Dr. Ulrich Hanfeld will take over sole management responsibility by the end of June 2024. We reported earlier this month that the retail chain would be run by a management duo. The retail expert was hired at ...
