All Bike & eBike articles – Page 33
-
ArticleNew German DTC e-bike company Hepha goes live
A new DTC e-bike supplier called Hepha GmbH is a new kid on the block in the buzzing e-bike market. Noticeably, the top model of the southern German brand comes with a mid-motor developed by the company itself in Germany, while the two other models are equipped with mid-motors made ...
-
News briefsFox Factory delivers another solid quarter
Profit at Fox Factory, the maker of products for bicycles, off-road vehicles and motorcycles, among others, rose 16 percent to $50.8 million from $43.8 million for the quarter ended Sept. 30. Ebit was 19.7 percent higher at $64.1 million as operating income increased by 18.3 percent to $65.4 million from ...
-
ArticleCake partners with Goldwin in Japan
Cake, the Swedish manufacturer of lightweight e-motorcycles, has signed a three-year partnership agreement in Japan with premium sportswear manufacturer and distributor Goldwin Inc. The partnership draws on Goldwin Inc.’s 70 years of experience and well-established network in manufacturing, distribution, sales and branding, working with premium sports and outdoor brands such ...
-
News briefsVittoria Group announces executive changes
Vittoria Group has announced that Karim Pine is taking over from Glenn Lee as the new managing director for North America. Lee, who held the regional managing director position for two years, will now head the newly established global accessories business unit. Vittoria, specializing in performance bicycle tires and accessories, ...
-
News briefsOrbea creates new role in sales and promotes in-house talents
Spanish bike firm Orbea has created the new position of sales strategy director, which is to be occupied by its former global sales director, Gonzalo García de Salazar. Nick Howe, who has served until now as Orbea’s U.S. country manager, is taking over the company’s global sales director role. Cary ...
-
ArticleOrtlieb and Driver Berlin cooperate on upcycling
Source: Ortlieb Scrap material is generated during production at Ortlieb, which the company is now handing over to Fahrer Berlin for upcycling. Both the German pioneer of waterproof outdoor and bicycle bags and backpacks Ortlieb Sportartikel GmbH and the comparatively young bicycle accessories brand Fahrer Berlin GmbH ...
-
ArticleSlumping bike product sales cause double-digit sales decline at Thule Group in Q3
More expensive raw materials, higher freight costs, unfavorable exchange rates, etc. – initially, Thule Group AB was still somehow able to offset the effects of the Russian invasion of Ukraine with price increases and efficiency measures. But even then, the Swedish company explicitly referred to the unstable market situation in ...
-
ArticleThe Big Gear Show moves to Denver, includes consumer days
Source: BGS The switcheroo game between Utah and Colorado and its outdoor trade shows continues. The organizers of The Big Gear Show (BGS), the exclusive hardware trade show launched in 2020, and the new e-bike trade show (e)revolution plan to hold them simultaneously on June 8-11 at ...
-
ArticleSRAM veteran transfers to World Bike Relief
Source: SRAM David Zimberoff After nearly 30 years in the bicycle industry, “DZ” David Zimberoff will soon leave his position as vice president of marketing at U.S. bicycle component manufacturer SRAM Group (Avid, Hammerhead, Quarq, SRAM, Rockshox, Time Sport, Truvativ, Velocio, Zipp brands) to focus on a ...
-
ArticleShimano defies slowing demand with results above pre-Covid level
Triggered by the Russian invasion of Ukraine, global shortages in raw material and energy supply, as well as rising raw material prices, will have a direct impact on the business of Shimano Inc. Nevertheless, demand for bicycles and fishing tackle remained stable in the first three sales quarters of fiscal ...
-
ArticlePinarello’s good results accelerate further investments
Based on the good financial results of the 2021/22 fiscal year (ended June 30), Italy’s Cicli Pinarello s.r.l. is looking to a bright future. For the current fiscal year 2022/23, the road bike supplier is expecting a growth rate of between 25 and 30 percent – “still considering the limitation ...
-
ArticleWeak bicycle market significantly hurts Mips sales and margin in Q3
High bicycle helmet inventories at retailers and production cuts at manufacturers are hurting the Swedish Brain Protection System (BPS) manufacturer Mips AB. Net sales fell 39 percent to SEK 113 million (€10.23m) in the third quarter. Organic growth fell by 50 percent. Bit fell 66 percent to SEK 37 million ...
-
News briefsBig gravel bike store opens in Barcelona
Europe’s biggest gravel bike store has opened in Barcelona, according to Tradebike. Located at number 72 of Calle Consell de Cent, Gravel Planet Store has a showroom of 1,000 square meters and reflects some €2 million in investments. The objective is to be racking up annual sales of €5 million, ...
-
News briefsFox Factory partners with Society of Women Engineers
Fox Factory, the U.S.-based manufacturer of mountain bike suspension systems, is to partner with the Society of Women Engineers (SWE). The partnership is intended to facilitate access to Fox’s summer internship program, the recruitment of engineers and provide professional development for current employees. “I am thrilled that our company has ...
-
News briefsThule cuts jobs in the U.S.
The American division of Sweden-based Thule Group is implementing organizational changes that involve the commercial management team, product development and manufacturing. There have been “a limited number” of staff changes in commercial management, said Hilary Hartley, the president of Thule Group’s region America branch. Also, the company has decided to ...
-
ArticleAlpkit launches second crowdfunding; invites customers to join as shareholders
On Oct. 24, British outdoor and cycling brand Alpkit will once again invite its customers to participate as shareholders via crowdfunding. The company launched a first of its kind in 2020, reaching its target in just eight minutes and closing the round 43 minutes later with 1350 customers as shareholders ...
-
ArticleThule again comments on the current market situation in the bicycle industry
In mid-September, Thule Group provided a trading update regarding the negative impact of the current market situation in the bicycle retail industry. High inventories of bicycles and bike accessories at retailers in Europe and North America were expected to negatively impact Thule Group’s sales and profitability until the next bike ...
-
News briefsDeuter hires new German head of sales for sport and outdoor
Source: Deuter Matthias Gumbrecht Matthias Gumbrecht, former distribution manager at Kübler Sport GmbH, is Deuter’s new head of sales for the Deuter sport and outdoor division in Germany since July 2022. Before his time at Kübler, Gumbrecht spent ten years at Erhard Sport International in the company’s ...
-
News briefsNew U.S. e-bike trade show (e)revolution launches official website
(e)revolution, the first U.S. B2B2C e-bike trade show to be held June 8-11, 2023, at the Colorado Convention Center in Denver, has announced the launch of its official show website, www.e-revolution.bike. (e)revolution, produced by Lost Paddle Events, has also released exhibitor pricing and now accepts registrations for the show’s inaugural ...
-
ArticleBicycle Stocks Q3 2022: Weighed down by fear of global crash, yet 1/4 buck the downward trend
The Russian war against Ukraine is having such a major global impact that other issues, such as Covid, seem to be taking a back seat. The energy crisis forced by the war, combined with rising interest rates, inflation, and consequently weakening consumer demand and spending, could lead to a global recession – and even a global stock market crash.
