All Bike & eBike articles – Page 29
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ArticleSRAM Group commits to building a new plant
Source: SRAM Group According to the plan, the new modern SRAM Group production facility in Taichung should start in 2024. For more than three decades, US component supplier SRAM Group has relied on Taiwan for its production. After all, the island nation committed itself many years ago ...
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ArticleBicycle market slowdown brings Mips’ otherwise good fiscal year 2022 results down
In the fourth quarter of the 2022 fiscal year alone, Swedish “Brain Protection System” innovator Mips AB had to digest a 46 percent sales drop compared to the last three months of the previous year, down to SEK 107 million (€9.60 million – adjusted for currency effects, minus 53 percent).
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ArticleThule Group decline in sales continues into Q4
Thule Group has reported a sharp decline in sales for the fourth quarter of 2022, as a slump in bike products begun in the third quarter continued. The Swedish company explains that retailers sought to reduce inventories in the product category in the second half of the year after “excessively ...
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News briefsInternetstores announces new CEO
Internetstores has a new CEO in Torsten Waack van Wasen, who succeeds Max Heimann as leader of the multichannel specialty retail giant. According to company news, Heiman left at his own request after taking on the role only about six months ago. The digital specialist retailer for bicycles includes brands ...
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ArticleNew president and CEO to come at Thule
The Thule Group AB will be making Matthias Ankarberg – a member of the Thule Group board since 2018 – its president and CEO no later than Aug. 9. Ankarberg will be joining Thule from his current position as CEO of Byggmax Group. His former positions include global sales and ...
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News briefsNew appointment to IAA Mobility aims to give cycling greater presence
Source: IAA Mobility Since its move from Frankfurt to Munich, the The International Motor Show (IAA, now IAA Mobility) has shifted from a pure automobile show to a mobility show. Within this context, the IAA Mobility team is working to get more exhibitors and visitors from the ...
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News briefsSeventh French Outdoor Awards: winners 2023 announced
Now in its seventh year, the French outdoor manufacturers’ trade association Outdoor Sports Valley (OSV) has picked the most innovative four products from four categories, to be awarded the French Outdoor Award: Source: OSV Relief from Cyclik The competition is open to start-ups as well as multinationals, ...
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ArticleSSU hoping strategic realignment plan will return group to run rate profitability in FY24
Signa Sports United calls the current headwinds it’s facing transitory and believes they should begin to subside in the second half of FY23
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News briefsOrtlieb has new product manager, implements new structure
Source: Ortlieb Falko Schott succeeds Rolf Kathrein-Lehmann as Ortlieb’s new head of product management With Rolf Kathrein-Lehmann retiring, Ortlieb is losing a long-term product manager. In total, Kathrein-Lehmann has been with Ortlieb, in various positions, for 28 years. He is being replaced by current Ortlieb senior product ...
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ArticleCosmic Sports still breaking new ground in its 25th year
Ritchey, Scary Fast and SDG Components – these three bicycle-parts brands laid the foundations for bicycle wholesaler and importer Cosmic Sports in mid-December 1997. Founded by CEO Gerhard Schwarz in Nuremberg as an importer of premium bicycle accessories, the company is now proudly looking back on a 25-year success story.
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ArticleBicycle developer and designer Andi Muff has new OEM offering
Andy Muff has developed a new damping system that uses an unusual natural fiber
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News briefsVista Outdoor replaces CEO Chris Metz with interim chief Gary McArthur
The board of Vista Outdoor Inc, parent company of 41 brands in the outdoor and firearms sectors, has asked its CEO Chris Metz to resign from his role after the company’s board lost confidence in his leadership. The board, which named director Gary McArthur as Vista’s interim chief, said Metz ...
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ArticleVista Outdoor net income dips 45% in Q3
Vista Outdoor, the group that owns 41 sporting and outdoor brands, saw its Q3 net income fall by 45 percent to $65.1 million from $118.1 million for the third quarter ending Dec. 25. Reported earnings before interest and taxes (EBIT) declined by 38.8 percent to $97.3 million. Earnings before interest, ...
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News briefsMCG to distribute Selle San Marco in Germany and Austria
The German specialist Merida & Centurion Germany (MCG) has become the exclusive distributor for bike-saddle specialist Selle San Marco in Germany and Austria. Selle San Marco was founded in 1935 and manufactures its saddles for gravel, road, urban and MTB in Italy. The Italian brand has been owned by Selle ...
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News briefsParcours and Classified Cycling announce technical partnership
British wheel brand Parcours and Classified Cycling have announced a long-term technical partnership. Parcours will now offer ready-to-ride wheelset models, built to be compatible with Classified Powershift technology. Wheels are available with a Classified rear hub shell, ready to fit a Powershift hub. The ready-to-ride models include: Alta (gravel) – ...
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News briefsEurobike Industry Award 2023 are now open for submissions
The Eurobike Award 2023 for innovative products in the bicycle and future mobility industry will be staged for the first time at Messe Frankfurt this year after a one-year break and the relocation of the international Eurobike trade show from Lake Constance. For the award, the trade show is partnering ...
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News briefsAmer’s Enve Composites has a new GM
Source: Enve Composites Mike Stimola, Enve’s new GM U.S.-based Enve Composites, a manufacturer of carbon bicycle frames, wheels and components and, more recently, apparel, has a new general manager. Mike Stimola succeeded Jeremy Venz at the turn of the year. Under Venz, who joined Enve in 2005 ...
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ArticleGiant Group acquires minority stake in Stages Cycling
According to two filings published on the Taiwan Stock Exchange (TWSE), the country’s largest bicycle manufacturer, Giant Manufacturing Company Ltd (a.k.a. Giant Group – Cadex, Giant, Liv, Momentum brands), has acquired a minority stake in U.S.-based indoor cycling and professional cycling training expert, Stages Cycling LLC. Following the approval at ...
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News briefsPolygiene completes LCA with encouraging results
Chemical technology specialist Polygiene has completed a life cycle assessment (LCA) to achieve a precise database for the environmental impact of washing, comparing non-treated garments with those treated with its StayFresh textile treatment. For the evaluation, Polygiene teamed up with engineering firm Sweco to study the benefits of skipping just ...
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News briefsVista creates action sports division under outdoor umbrella, led by Fox Racing president
According to Shop Eat Surf, Jeff McGuane, president of Fox Racing, has been promoted at Vista Outdoor to lead a restructured Action Sports division, which includes Fox Racing, Bell, Giro, Blackburn, Krash, Copilot and Raskullz. Vista Outdoor acquired Fox Racing in August 2022. According to the same media source, McGuane’s ...
