All Bike & eBike articles – Page 35
-
ArticleMips predicts temporarily weaker bicycle market than expected
After two years of bicycle-related sales records, the listed Thule Group AB already spoke of an imminent temporarily reduced bicycle-related sales volume that will affect sales and profitability in the coming months (OIC reported). Now Mips AB, also from Sweden, is following suit: The Brain Protection System (BPS) manufacturer, also ...
-
News briefsDecathlon Spain receives Bike Territory seal for promotion of cycling
On Sep. 9, the Spanish Royal Cycling Federation (RFEC) – part of the Ministry of Transport, Mobility and Urban Agenda – bestowed its Bike Territory seal on Decathlon Spain, according to Diffusion Sport. Decathlon is the first company to receive the seal, which recognizes the promotion of cycling, to customers ...
-
News briefsThule expects impact on its bicycle business from reduced orders
In a webcast meeting with Magnus Welander, CEO and president of the Thule Group, the company informed about the current market situation just before the company’s Q3 report 2022, which is scheduled for Oct. 26. In its half-year report on July 21, the company described the general market situation in ...
-
ArticleRiese & Müller with new management structure and first-time management board
Almost 30 years ago, Markus Riese and Heiko Müller, then students, founded the bicycle company Riese & Müller GmbH (R&M). Since then, the German business has grown from a folding bike start-up to a global player in the e-bike market and today employs over 900 people and generates annual sales ...
-
News briefsBike chain Multicycle launches in Austria
Shortly before opening its 31st store in its home market of Germany, German bicycle chain Multicycle Fahrrad-Handels GmbH & Co. KG announced plans to expand to Austria. So far, the company, known primarily as a Cube store operator, had only announced plans to open four more stores (Frankfurt West, Reutlingen, ...
-
News briefsFestibike’s successful comeback after the pandemic
The latest edition of Festibike, Spain’s national bicycle fair, showcased 200 exhibiting brands and welcomed more than 34,000 visitors in Madrid on Sep. 9-11. It was the event’s comeback after the pandemic. The organizers described the show as “an absolute success” for the brands. The 21st edition of the fair ...
-
ArticleSwedish e-bike manufacturer EcoRide brings production home
Due to its growth course and imposed EU anti-dumping duties on e-bikes from China, e-bike supplier Nordic Group EcoRide AB moved its production from China to Poland in 2018 – still under the old company name ProNordic Group. Now the Swedish company is moving production again, from Poland to Sweden ...
-
ArticleBosch eBike Systems expands IBD service portfolio in Europe
German e-bike drivetrain maker Bosch eBike Systems is strategically expanding its service portfolio for independent bicycle dealers in Europe. In addition to launching training courses in five additional countries (Ireland, Croatia, Luxembourg, Poland and Slovenia), the company has created a new partner portal that allows e-bike dealers to stay up ...
-
ArticlePon Holdings continues to invest in the automotive and bicycle mobility segments
Source: Veloretti After the parent company of Pon Bike Group (PBG), Pon Holdings B.V., on June 1 became a minority shareholder in German car dealer Adelbert Moll GmbH & Co. KG (better known as Moll Group) for an undisclosed amount, the Dutch retail and services giant has ...
-
News briefsGirona gearing up for this month’s Sea Otter Europe
More than 3,000 have signed up for this year’s Sea Otter Europe, scheduled for Sep. 23-25 in Girona, Spain, and more than 8,000 entries have been downloaded, reports CMDsport. According to the organizers, the forthcoming (sixth) edition boasts “the broadest, most varied and most spectacular sports program” in the festival’s ...
-
News briefsVaude boosts Scandinavian bike market
Source: BikersBest Kim Egedeso, Bikers Best Vaude has a new distribution structure since Sep. 1 for the Scandinavian bike market in collaboration with the Danish company Bikers Best, supplying Vaude cycling products to specialist retailers in Denmark, Sweden, Finland and Norway. Bikers Best is managed in the ...
-
ArticleBikeExchange reports higher revenue and loss, lower costs
In its 2021/22 annual report, publicly traded online bicycle marketplace BikeExchange Limited makes no secret of the fact that it has been on a rigorous restructuring course over the past 12 months. Nevertheless, total revenue increased 47.4 percent compared to the previous fiscal year 2020/21 (which also ended June 30) ...
-
News briefsVaude opens outlet store in Switzerland
Source: Vaude Vaude outlet store manager Roberto Stuber with his team On Aug. 23, Switzerland’s first Vaude outlet store opened at the Landquart Fashion Outlet, a shopping center with more than 160 designer, sports, outdoor and lifestyle brands. The new outlet store offers functional and sustainable products ...
-
News briefsConor Sports expanding in Europe
At present, the Conor Sports export market – accounting for less than 10 percent of sales – consists of Denmark, Italy and Portugal. As of September, however, the Spanish manufacturer and distributor of bicycles will be operating in Germany, France and the Netherlands as well, according to Tradebike. “We plan ...
-
ArticlePierer Mobility defies supply problems in H1
The half-year report presented on Aug. 30 underscores why Pierer Mobility AG had already raised its annual forecast for 2022 one day earlier via an ad hoc announcement: Despite aggravated delivery problems, the Austrian group achieved positive sales development in the first six months of the year. However, this could ...
-
ArticlePierer Mobility raises sales forecast for FY 2022
While many listed companies are lowering their sales forecasts in these troubled times, Austrian two-wheeler giant Pierer Mobility AG has just revised its sales forecast for fiscal 2022 for the better. According to an ad hoc release published on Aug. 29, good performance in the first half of 2022 and ...
-
News briefsZwift partners with UCI Cycling World Championships
Zwift, the online fitness platform for cyclists, has been appointed as the official virtual fitness platform for the inaugural UCI Cycling World Championships in 2023. The event will take place from 3 to 13 August 2023 in venues and locations in Glasgow and across Scotland. The organizers expect more than ...
-
News briefsSalone del Camper will feature a new Sport Village
The 2022 edition of Salone del Camper in Parma, Italy, the second largest exhibition in Europe in the field of recreational vehicles, which is set to take place on Sep. 10-18, will feature for the first time a “Sport Village” in collaboration with the regional branch of the Italian Olympic ...
-
ArticleExcavation work for new MBPS corporate headquarters in full swing
With the completion of the basic planning phase, the Magura Bosch Parts & Services (MBPS) joint venture formed by Magura and Bosch eBike Systems is starting construction work on the previously communicated new energy-efficient corporate head office. After completion of the excavation work, the start of the ...
-
News briefsDutch connection: Scotch & Soda launches co-branded bikes with Veloretti
Source: Scotch & Soda Scotch & Soda x Veloretti The fashion industry is heavily flirting with the booming urban bike sector – and vice versa. As reported before, the Swiss bike brand Simplon has just ended its pop-up experience at Breuninger in Munich. Fashion brands Drykorn and ...
