All Bike & eBike articles – Page 38
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News briefsDainese and Momodesign partner on urban and outdoor clothing line
Dainese is teaming up with Momodesign on a new line of clothing, footwear, helmets and accessories designed for the outdoors and urban mobility. Upon the terms of the all-Italian license agreement, the products will be designed by Momodesign in its Style Center and manufactured by Dainese, which will also distribute ...
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News briefsTaiwan's bicycle exports continue to grow at double-digit rates this year
According to figures from the Taiwan Ministry of Economic Affairs and the Taiwan Bicycle Association, exports of bicycles, e-bikes and bicycle components from Taiwan reached almost $2 billion for the period from January to April 2022, representing year-on-year growth of 28.4 percent. The overall export increase was driven by components, ...
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ArticleAnalysis: Outdoor industry stocks fell more than 21% in Q2
Outdoor industry stocks fared worse in the second quarter than in the first period of 2022, declining an average of 21.18 percent compared to a 17.84 percent sequential drop in the average stock prices of companies primarily involved in the outdoor and bicycle sectors. This time around, our quarterly analysis ...
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ArticleBicycle Stocks Q2 2022: Russia’s invasion causes market low
After the stock market booster called hope catapulted the OIC Bicycle Stock Chart 2021 to new heights and seemed to defy all realities, the high flight ended with Russia’s invasion of Ukraine. The chart of the first quarter of 2022 already showed a steep decline, which now also continued in the second quarter.
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ArticleVista Outdoor to acquire Fox Racing
Virginia-based Vista Outdoor Inc, the parent company of 39 sports and outdoor brands, announced it has entered into a definitive agreement to acquire Fox Racing, a global provider of high-performance motocross, mountain biking and lifestyle gear from Irvine, California. The purchase price is $540 million, with the possibility of earning ...
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News briefsStorck launches third crowdfunding campaign
The German company Storck Bicycle has launched another crowdfunding campaign, the third after 2017 and 2018. The campaign offers interested investors the opportunity to participate in the company founded in 1995 with a fixed interest rate of 6.50 percent per year with semi-annual interest payments. The investment limit is €1.5 ...
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News briefsSpecialized to establish European innovation center in Germany
Specialized has announced the merger with Denk Engineering, an independent design office in the cycling industry from Freiburg, Germany. “This merge is an important part of a larger strategy to develop our European Innovation Hub,” Scott Maguire, CEO of Specialized, said. “We will build a new state-of-the-art innovation center facility ...
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ArticleRossignol Bikes available in most EU countries and U.K.
Source: Rossignol After the French Groupe Rossignol SA decided to focus entirely on its own Rossignol brand in the bicycle sector as part of a radical restructuring phase, no stone was left unturned. At the beginning of 2021, the domestic bicycle and pedal subsidiary Time Sport International ...
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News briefsRebike launches in France
Rebike, a provider of reconditioned e-bikes based in Munich, is bringing its refurbishment offering to France, now also offering refurbished premium e-bikes on the online platform www.rebike.com/fr. All models come from leading brands, are only three and up to 24 months old and have often been ridden less than 2,000 ...
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News briefsChinese e-bike drive system producer Mivice establishes European subsidiary
As part of its internationalization efforts, another e-bike drive system maker from China is looking to enter the booming European e-bike market. By founding the subsidiary Mivice Europe GmbH in Nuremberg, Germany, the company has also brought two experienced European industry experts on board. Source: Mivice Horst Schuster, ...
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News briefsKids’ bike brand Woom defines company sustainability goals
Woom bikes, an Austrian specialist for kid’s bikes, has set and published its new sustainability goals. By 2030, Woom aims to reduce emissions of climate-damaging substances (including all direct emissions and energy consumption at company sites) by 42 percent. This reduction target has been recognized by the Science Based Targets ...
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News briefs
Pro Days in Paris getting bigger
Pro Days, the professional bike trade show in Paris, will be hosted in halls 4 and 6 at Expo Porte de Versailles on a total exhibition area of 30,000 square meters. Last year, the event only took hall 4 of the Porte de Versailles facilities. The upcoming edition of the ...
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News briefsCosmo Connected raises €6 million from angel investors
Cosmo Connected, a French start-up specializing in connected safety accessories for users of bikes and scooters, has raised €6 million from Patrice Pastor (J.B. Pastor), Adrien Dassault (Tikehau Capital), Gary Anssens (Alltricks), Sarona VC and several private investors, Le Figaro has reported. In addition, Cosmo Connected is opening its capital ...
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News briefsKiska Munich brings in renowned designer Benjamin Turck
Source: Kiska Munich Benjamin Turck Since May, the E-Bike Development Center (EBDC) founded by Alex Thusbass in Munich for Husqvarna Bicycles, has been operating under the name Kiska Munich. Now the bike design agency has bolstered its team with Benjamin Turck, an industry-experienced designer for the hybrid ...
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News briefsBig Gear Show owners plan e-bike show in Denver in 2023
The owners of The Big Gear Show, Lost Paddle Events, are planning an e-bike trade and consumer show for 2023 that would currently be the first B2B2C expo focused solely on the needs of e-bike brands, dealers, suppliers, and consumers. The show, which has been announced under ...
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News briefsPatagonia Worn Wear offers repair service on trails in Germany and Austria
For the first time this summer, the Patagonia Worn Wear team is offering free repair of zippers, tears, holes, seams and more of clothing that has suffered and deserves a new life - no matter what the brand - directly on some of the most popular MTB ...
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ArticleNew products for Tour de France brand merchandise
Tour de France is introducing a new brand, “Maillot Jaune,” with products for cyclists of all abilities. Italian equipment supplier Santini is supporting the launch with the creation of an initial exclusive collection that celebrates the Tour. New manufacturers will be called on to support the brand in the future. ...
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News briefsKKR acquires 96% of Accell Group
The consortium led by Kohlberg Kravis Roberts & Co. (KKR) has now acquired 96.9 percent of Accell Group’s share capital, although the 80 percent acceptance period was not quite reached. Under the tender offer, 5,671,703 shares were tendered during the acceptance period, representing approximately 21.1 percent of the total outstanding ...
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ArticlePorsche Ventures invests in London-based bicycle insurance provider
Laka, a London-based bicycle insurance provider that announced a $12 million Series A round earlier this year, has secured additional funding from Porsche Ventures, the venture capital unit of Porsche AG, bringing the total round to $13.5 million. The Series A funding was initially led by Autotech Ventures, followed by ...
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News briefsSwedish insurer criticizes Hövding
The Swedish trade publication ehandel.se reports that Hövding’s “airbag” bicycle helmet failed to inflate in German crash tests conducted by the government testing agency BaST in a collision with a car traveling at 40 kilometers per hour. This, in turn, prompted Folksam, a Swedish insurance group based in Stockholm, to ...
