All Bike & eBike articles – Page 24
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ArticleConsumers’ top-rated outdoor and cycling brands
Our latest exclusive big data analysis reveals which brands top the consumer ratings for outdoor and cycling brands from over 145,000 reviews
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News briefsGlove brand KinetiXx records 55% growth
Source: KinetiXx KinetiXx Lahja C2G German glove manufacturer W+R’s relatively young KinetiXx brand reported significant growth in the past fiscal year (ended March 31, 2023). Sales of the sports glove label, which excelled with outstanding successes in cross-country skiing and biathlon, particularly in the World Cup and ...
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News briefsRECCO introduces new lightweight reflector, expands SAR network
More than 150 brand partners are already integrating RECCO rescue reflectors into their products, complementing the RECCO helicopter detector search system used by mountain rescuers in Europe and North America. These reflectors are lightweight, virtually indestructible and require no power source. They increase detectability and safety for all those who ...
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ArticleWinners of the second round of the 2023 ISPO Award
At the second of a total of four jury meetings for the ISPO Award 2023, almost everything revolved around the Outdoor category. This may have to do with the fact that OutDoor by ISPO 2023 starts in Munich just a few days after the meeting. The jury was made up ...
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News briefsStar investors for the All in Biking app
Spanish tennis players David Ferrer and Juan Carlos Ferrero and former Moto GP racer Sete Gibernau have invested in All in Biking. Headquartered in Alicante, Spain, All in Biking was founded in November 2021 by José Julio Becerril and Juan Antonio Cano. Through the All in Biking app, users can ...
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News briefsFox Factory Group hires new CFO
Fox Factory Group, the U.S.-based supplier of products for bicycles, off-road vehicles and motorcycles, has hired Dennis Schemm as its new chief financial officer to replace the retiring Maggie Torres. Schemm has more than 25 years of experience in finance, with a deep skill set that includes financial risk management, ...
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News briefsDates for World Cycling Forum announced
The date for the fourth edition of the WFSGI’s World Cycling Forum has been announced. The event will take place on Sept. 5 and Sept. 6, 2023, in Munich, Germany. The event has once again been timed to coincide with the IAA Mobility Show (Sept. 5-10), with all World Cycling ...
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News briefsFrasers reportedly interested in ProBikeKit
Frasers Group PLC, owner of Sports Direct, is in talks to acquire ProBikeKit, Sky News reported last Monday. ProBikeKit is an online seller of bike components, accessories and apparel and would pair well with Fraser’s Evans Cycles online and retail chain, which it acquired out of bankruptcy in 2018. ProBikeKit ...
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ArticleMips: Progressive supply chain strategy to reduce carbon emissions, new test facility in China
Mips, the Swedish helmet-based safety technology specialist, has unveiled its work on a holistic strategy that includes a model to determine and address carbon emissions generated during product development. This represents an opportunity for the company to better address its environmental impact. Because Mips outsources the manufacturing of its products, ...
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ArticleUSWE reports ongoing consumer demand in Q3 despite challenging macroeconomic conditions
Despite challenging macroeconomic conditions, Swedish company USWE Sports AB’s net sales increased 27 percent in the third quarter (ending December 31, 2022). During the quarter, direct-to-consumer sales performed strongly, with demand for the group’s USWE, Giant Loop and Void brands increasing and online sales growing. However, distribution channels are still ...
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News briefsFrench government supports cycling with new €2 billion investment
The French government has announced a new €2 billion plan for cycling by 2027. The plan is meant to encourage cycling while also supporting infrastructure and job creation. The overall investment will reach €6 billion, including €4 billion from local authorities over the same 2023-2027 period. Specifically, €1.25 billion will ...
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ArticleBrompton Bicycle confirms first capital increase in 35 years
Source: Brompton Will Butler-Adams with the one-millionth Brompton bike Brompton Bicycle, known for its folding bicycles, has been independent since 1975 and is owned by founder Andrew Ritchie and current CEO Will Butler-Adams, their friends, families and employees. A partnership with BGF, one of the largest and ...
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News briefsNew distribution partner for carbon bike specialist C.B.T. Italia in Switzerland, Germany
C.B.T. Italia has announced a collaboration with Lucerne, Switzerland-based Kumach GmbH, which will distribute the Italian bike brand in Germany and Switzerland. C.B.T. Italia (short for “Costruzione Biciclette Tardivo”) is a family-owned company with a 70-year history that started making race bike frames and has evolved in recent decades to ...
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OpinionWhat makes the perfect industry award jury?
A long-standing member of many award committees in the outdoor industry world, Charles Ross explains what makes a good industry award jury
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News briefsThule opens retail space at NK in Stockholm
Thule has opened a store at the NK (Nordiska Kompaniet) department store in Stockholm, its third store in Sweden. The 55-sqm retail space is located on the third floor of the department store. “We are very proud to now be present at NK, which is an icon in Sweden. It ...
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News briefsCake enters India
Swedish lightweight electric motorcycle manufacturer Cake has announced its partnership with Pepfuels, a company funded by ONGC (Oil and Natural Gas Corporation Limited, a natural gas and petroleum company from India headquartered in Dehradun), marking the company’s entry into the Indian market. This collaboration follows Cake’s successful Asian expansion with ...
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ArticleWeSports acquires Finnish bicycle wholesale company
WeSports, a Stockholm-based group of individual sports, outdoor and mobility companies operating both online and with physical stores and product brands, has announced the acquisition of Finnish bicycle wholesaler Huntteri. The strategic partnership will significantly strengthen WeSports’ presence in Finland and provide for a rapid rollout of Huntteri in Scandinavia. ...
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ArticleLeatt faces stark comparison with last year’s Q1 numbers
Even as South African protective equipment maker Leatt Corporation chalked up last year’s record sales as the best in its history, in the second half of the year, supply chain issues, inflation, weak consumer demand and a strong US dollar had already led to high inventory levels and a decline ...
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News briefsGiant Group and Stages Cycling cancel minority share takeover negotiations
At the beginning of the year, we reported on two ticker announcements from the Taiwan Stock Exchange (TWSE). Both concerned the listed bicycle producer Giant Manufacturing Company Ltd. (or Giant Group, including brands Cadex, Giant, Liv and Momentum). The first: That Giant Group had acquired a minority stake in US-based ...
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ArticleGiant Q1: Overstock harming sales in the West
Inventory reductions in the European and North American markets, as well as the higher year-on-year comparison base, have had a direct impact on the first quarter results of bicycle producer Giant Manufacturing Company Limited (Giant Group). The Taiwanese company had to swallow a 9.6 percent sales drop compared to the ...
