All Bike & eBike articles – Page 17
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News briefsBritish Cycling publishes first sustainability strategy
Cycling association British Cycling, established in 1959, has published its first long-term sustainability strategy, which sets out an ambitious target to achieve net zero cycling by 2035 and halve its carbon emissions by 2030. The strategy, developed with the support of renowned sustainability consultancy Think Beyond and input from across ...
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News briefsLeatt expands with new sales and brand manager appointments in Europe
Leatt, South African manufacturer of off-road protective equipment for motorized and non-motorized two-wheelers, has appointed Kim Thalén and Maciej Gąsior as Sales and Brand Managers across the European regions. Thalén will take on the role for the Nordic and Baltic countries, while Gąsior will be responsible for Eastern Europe. This ...
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News briefsMips almost universally adopted by World Tour teams
Swedish helmet safety technology provider Mips AB announced that its technology is being widely adopted by World Tour cycling teams. In 2024, 87 percent of women’s teams and 83 percent of men’s teams have opted for helmets with the Mips safety system, representing a clear commitment to athlete safety. “This ...
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ArticleIdeal Bike reduces loss while revenue drops significantly
Following Taiwan’s leading bicycle manufacturers Giant and Merida, Formosa’s third largest bicycle manufacturer Ideal Bike Corporation is not looking any better either. According to 2024’s first quarterly report, Ideal Bike achieved net sales of TWD 627.45 million (€17.96 million). Compared to the first three months of the previous year, this is an impressive decline of 39.9 percent.
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ArticleNorrøna continues to invest in adventure tourism
Norwegian outdoor brand Norrøna and the renowned Danish architecture firm Dorte Mandrup A/S have joined forces to create a unique nature hotel on the west coast of the island of Senja in northern Norway. Source: Nikolai Schirmer Senja – where mountains meet the sea Norway’s second-largest island ...
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News briefsBrompton opens Junction in Berlin
On May 8, British folding bike specialist Brompton opened a Junction in Berlin – the first store in Germany run by Brompton itself. As usual, Brompton is also bringing a strictly limited Berlin Junction Special Edition to the streets. “Berlin has always been a melting pot of cultures, ideas and ...
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News briefsBritish Cycling and Lloyds Bank announce partnership
British Cycling and Lloyds Bank have announced a long-term partnership that will see Lloyds Bank become the new lead partner of British Cycling. The multi-year commitment will see the financial institution become the title partner of the revamped Tour of Britain with immediate effect. It will also include a number ...
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ArticleStill no turn for the better for Taiwanese bicycle manufacturers
After Taiwan’s leading bicycle manufacturer Giant Manufacturing already reported a double-digit drop in sales for the first quarter of 2024, the country’s number two, Merida Industry Co. is now following suit with its Q1 results: Compared to the first three months of the previous year, Merida’s consolidated sales in Q1 ...
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News briefsThule continues to expand its European e-commerce presence
In early May, Thule successfully launched thule.com e-commerce in Poland, opening its 12th DTC store in Europe. The company said that Poland, the seventh largest country in Europe with a population of around 40 million, offers a significant opportunity to bring all its products closer to many more consumers. The ...
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News briefsKent Outdoors sells Kona Bikes to a group led by Kona’s founders
US-based Kent Outdoors has announced that it has closed on the sale of Kona Bikes. The financial details of the transaction have remained undisclosed. Kona was sold to a group led by its original founders, Dan Gerhard and Jake Heilbron. Kent only had bought Kona in early 2022. The new ...
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News briefsDeuter Trail Attack enters the next round
On May 15, 2024, Deuter launched the application process for the Deuter Trail Attack 2024, with four places up for grabs for a very special one-week Alpine cross. You can choose between enduro action across the scenic highlights of Provence or freeride fun on high alpine trails through the Western ...
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News briefsWhoop and Assos place data collection directly into cycling shorts
After nearly two years of careful product development and stringent testing, Assos and Whoop unveiled a new garment that seamlessly blends cutting-edge technology and quality craftsmanship in cycling apparel: the Mille GT Whoop Bib Shorts C2 and the UMA GT Whoop Bib Shorts C2. The companies say their collaboration represents ...
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ArticleStrava uses AI for next chapter of accelerated product development
Strava unveiled its latest initiatives and product developments at its annual event, Camp Strava, in Los Angeles on May 16. Under the theme “Progress, Together”, the company announced how its global community will be able to use Strava in the future. “Strava is gaining momentum to realize our vision of ...
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ArticleLeatt Q1 sales continue to decline, but inventories normalize
After a sales boom during the pandemic years, the shares of the South African manufacturer of protective equipment for motorized and non-motorized off-road two-wheelers Leatt Corporation (traded OTC in the US), like many others, have experienced a “down-to-earth” development in the post-Covid period. This continued in the first quarter of ...
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News briefsGiant Group says stock overhang also weighs on Q1 sales results
The ongoing strained situation in the bicycle industry also has an impact on the sales results of the leading Taiwanese bicycle manufacturer Giant Manufacturing Company Ltd in the first quarter of 2024. The continued large-scale reduction in inventories in Europe and North America and the reluctance to place orders on ...
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News briefsGiant expands own-store network in Spain
According to CMDsport, Giant has opened a fifth own-store in Spain. This one covers 500 square meters, boasts a section devoted to women’s cycling and is situated in the island capital of Santa Cruz de Tenerife. The brand believes it is sure to become a flagship in Spain, like its ...
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ArticleVista Outdoor weighs buyout offer, reports Q4 results
The board of Vista Outdoor continues to recommend the sale of its The Kinetic Group to Czech group CSG, which would pay shareholders $12.90 a share in cash and one share in its Revelyst spin-off. However, the company will conduct a special meeting on June 14 to consider another buyout ...
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News briefsRose Bikes expands service network to over 130 partner workshops in DACH
Rose Bikes is strategically expanding its stationary network of partner workshops. The German company is entering into a cooperation with Verbund Service und Fahrrad (VSF), one of the largest stationary networks in Germany’s industry, and is successively adding VSF-allride certified workshops to its service portfolio. In addition to its nine ...
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ArticleGoPro says turnaround will take more time as Q1 loss widens
GoPro’s Q1 revenues exceeded its guidance, but the operating loss increased for the period ended March 31. Founder and CEO Nicholas Woodman said the company is making progress on its multi-year strategy. Still, he urged investors to be patient as GoPro continues investing in a broader product line and retail ...
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News briefsOrbea’s revenue down for the first time in 8 years
Orbea closed out full-year 2023 with its first drop in revenues in eight years, according to Palco23. Although the Basque cycling brand does not disclose them in full, sales appear to have come in at around €374.4 million, down by 6.4 percent from the previous year’s €400 million or so. ...
