All Bike & eBike articles – Page 16
-
News briefsUSWE enters liquidity guarantee agreement with Pareto Securities
USWE Sports AB, the Swedish parent company of USWE, Void Cycling and Giant Loop, has entered into a liquidity guarantee agreement with Oslo-based Pareto Securities AB. Pareto Securities will assume the function of liquidity provider on Jan. 2, 2024. The obligation takes place within the framework of Nasdaq First North ...
-
News briefsLawton takes over as CFO of Thule Group
Source: Thule Toby Lawton As already announced in July 2023, Toby Lawton took over the role of CFO of the Swedish Thule Group with the start of 2024. He succeeds Jonas Lindqvist. Lawton was most recently CFO at the Swedish textile recycling company Renewcell. At Renewcell, former ...
-
ArticleSuccessful reorganization and realignment of Pierer subsidiary Syntace
Syntace GmbH, the umbrella company for the Syntace brand, a manufacturer of high-quality bicycle components, and Liteville, a manufacturer of high-end bikes, primarily in the mountain bike segment, has successfully completed a comprehensive restructuring since Pierer Industrie AG (PIAG) took over the majority rights in 2022. The ...
-
News briefsHövding files for bankruptcy
The Board of Directors of Hövding Sverige AB has decided to file for bankruptcy. The bankruptcy application has been submitted to Malmö District Court on December 21, 2023. As reported before, the reason for the bankruptcy application is that the Swedish Consumer Protection Agency on Nov. 1, 2023, imposed a ...
-
ArticleKSR Group’s future is secured
Following the decision of the Krims District Court to lift the external administrative proceedings at the insolvent Austrian two-wheeler giant KSR Group GmbH, the path for a fresh start is now clear. The creditors’ meeting had previously approved the restructuring measures by a large majority. On Dec. 20, the restructuring ...
-
News briefsRebike’s e-bike refurbishment certified by TÜV Rheinland
The Premium Refurbishment Program from Rebike Mobility, Germany’s largest re-commerce company for e-bikes, has been awarded the “Tested Service Quality” certificate by TÜV Rheinland. Rebike is the first provider of reconditioned e-bikes to receive such certification. The basis for the certificate was an extensive audit by TÜV Rheinland in the ...
-
News briefsMyStromer with new executives for growing e-bike subsidiary Desiknio
Swiss S-pedelec pioneer MyStromer AG has made two key personnel changes at its Spanish lightweight e-bike brand Desiknio, which it acquired in 2021. Source: Desiknio Morten Kristiansen Since mid-November, Morten Kristiansen has been the new Managing Director of the Spanish subsidiary, which, in contrast to the Stromer ...
-
ArticleOIA to co-publish Outdoors For All manifesto
The British Outdoor Industries Association (OIA) has announced the publication of the “Outdoors For All” manifesto, jointly produced by the OIA and 35 other national governing bodies and environmental organizations, including British Cycling, National Trails UK and BMC. The initiative is committed to increasing responsible access to ...
-
News briefsHövding’s situation appears to worsen
After the Swedish Consumer Protection Agency imposed a sales ban for the Hövding 3 (OIC reported) via Hövding’s own channels, the agency followed up last Friday: The Hövding 3 is now being recalled throughout Sweden, and a general sales ban has been imposed in the country. Hövding has announced that ...
-
News briefsRapha partners with United Repair Center
Cycling apparel brand Rapha has announced a partnership with United Repair Center (URC), an apparel repairs operation based in Amsterdam. The collaboration is part of Rapha’s commitment to circularity and “a more sustainable future for the cycling apparel industry,” the company said. The repairs will take place at URC’s new ...
-
News briefsDeuter receives Fair Wear Leader status for eleventh consecutive year
Since 2011, the German backpack pioneer and sleeping bag expert Deuter has been a member of the Fair Wear Foundation (FWF), an independent non-profit organization that works to ensure certain social standards and appropriate working conditions in the production of textiles, and has held the FWF “Leader” status continuously since ...
-
ArticleBrose makes a convincing case for the remanufacture of e-bike drives
Re-pair, re-sale, re-cycle, re-furbishment and even re-manufacturing: The German e-bike drive supplier Brose Antriebstechnik makes it possible. During a visit to Brose E-Bike, the German Institute for Standardization (DIN) discussed re-manufacturing in detail with the Berlin-based e-bike drive manufacturer. Brose aims to set extremely demanding standards in the industry with ...
-
ArticleAutomotive supplier SEG relies on BH for its e-bike motor debut
With SEG Automotive Germany GmbH, another leading automotive supplier is turning its attention to the bicycle segment. The first OEM customer of its e-bike motor, designed, developed and produced in Europe, is the Spanish bicycle manufacturer BH Bikes Europe S.L. The first BH e-bikes with SEG mid-mounted motors will be ...
-
News briefsDeporvillage expands porfolio
Deporvillage has added six brands to its retail portfolio, according to CMDsport. Both online and through the two physical stores it opened this year, in Madrid and Granada, it will now sell the bicycles of Berria, Bianchi, BMC, Lapierre, Mondraker and Pinarello. The retailer, a part of Iberian Sports Retail ...
-
ArticlePierer Mobility announces sharpened strategy, sells non-e-bike business
The Executive Board of Pierer Mobility AG has announced its strategic decision to focus even more intensely on the core business of Powered-Two-Wheelers (PTW; motorcycles and e-bikes). One of the consequences is the sale of the non-e-bike division, which has already been initiated. In addition to the sale of the ...
-
ArticleInsolvent WiggleCRC’s new business model focuses on the UK
In the wake of the insolvency of Signa Holding, the British subsidiary WiggleCRC of Signa Sports United (SSU) also had to file for insolvency on Oct. 24. The appointed administrators Anthony John Wright and Alastair Rex Massey of London-based management and restructuring consultancy FRP Advisory have now announced a new ...
-
News briefsNew board for CONEBI
At its 2023 General Assembly, held Nov. 28 in Brussels, the Confederation of the European Bicycle Industry (CONEBI) elected a new Board of Directors. The board of the European national bicycle and bicycle parts industry umbrella organization was also expanded. While one board member stepped down, three new members were ...
-
News briefsShimano stolen data have been leaked online
Shimano suffered a ransomware attack earlier in November. Hackers from the LockBit group threatened at the time to publish 4.5 TB of confidential data unless the Japanese firm paid a ransom, as first reported by Escape Collective. Now, a vast trove of stolen Shimano data has been leaked online, according ...
-
ArticleISPO Munich 2023: Back with lots of Zeitgeist (and more)
Our editors sum up the biggest themes, most important numbers, trends and pinch points on show at ISPO Munich 2023.
-
News briefsDecathlon becomes title sponsor and bike supplier of the AG2R La Mondiale team
Decathlon will be replacing Citroën as the title sponsor of the AG2R cycling team in the upcoming season. In addition, the French sporting goods retailer will supply bikes, glasses and helmets to the 28 riders of the team. These products, which the Decathlon teams will co-create with the riders, will ...
