All Bike & eBike articles – Page 40
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News briefsStatus of Accell Group takeover in limbo
The Dutch Accell Group did not receive the required threshold of tendered shares by its June 3, 17:40 CET deadline, casting uncertainty over its proposed €1,145 million takeover by an affiliate of U.S. financial investor KKR (Kohlberg Kravis Roberts) that was formally made on April 6 but first announced in ...
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News briefs
Upway raises $25 million in Series A round
Upway, a French start-up that sells refurbished secondhand e-bikes, has raised $25 million in a Series A round led by Exor Seeds and Sequoia Capital. Origins, the fund backed by professional soccer players like Blaise Matuidi, N’Golo Kanté, Olivier Giroud, and rugby player Antoine Dupont, is also participating in the ...
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News briefsWorld Bicycle Day on June 3
World Bicycle Day is celebrated on June 3 every year since the United Nations General Assembly (UNGA) established it during the 72nd Regular Session of the UNGA in New York City on April 12, 2018. The resolution was adopted by a consensus of all 193 Member States. The UNGA declaration ...
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ArticleSSU’s sales bolstered by acquisitions
Signa Sports United (SSU), battling worsening consumer sentiment in Europe and persistent bike/e-bike shortages as headwinds, expanded second-quarter revenues by 47.5 percent to €269.0 million from €182.0 million. The increases were aided by including results from its recent WiggleCRC and Tennis Express acquisitions (closed on Dec. 14 and Dec. ...
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News briefsKaty Bond is the new CEO of Rocky Mountain
Canadian mountain bike brand Rocky Mountain has appointed Katy Bond as its new CEO, succeeding company owner Raymond Duitl in the position. Bond has been the general manager of the North Vancouver, B.C.-based company since 2019. During this period, Rocky Mountain has experienced record growth. Source: Rocky Mountain ...
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ArticleUSWE sales up 88% in 2021, Q4 hit by geopolitical situation
Swedish company USWE Sports AB, which was founded in 2007 and went public on the Nasdaq First North Growth Market in June 2021, said in its delayed report for Q4, which ended March 31, that, as before, the quarter was marked by problems related to the latest lockdown in China, ...
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News briefsPorsche participates in another round of financing of Rimac
Porsche and the Rimac Group are taking the next step in their collaboration toward a digital and electrified future of mobility. The Stuttgart-based sports car manufacturer is participating in a Series D financing round of the Croatian technology group, which is also helping the carmaker to develop its e-bikes further. ...
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News briefsE-bike development center Munich is now called Kiska
The international brand and design agency Kiska is expanding to Munich. For this purpose, the EBDC (E-Bike Development Center), founded two years ago by Kiska and Alexander Thusbass in 2020, has been renamed Kiska Munich. Thusbass, who was already a senior designer at Kiska from 2004 to 2007, is the ...
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News briefsGerman Automobile Club now also assists with bicycle breakdowns
All members of the German automobile club ADAC now receive roadside assistance if their bicycle breaks down due to a defect. The service is available around the clock for bicycles of any type and at any location that the roadside assistance teams can reach with their emergency vehicles in accordance ...
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ArticleMunich bike retailer Alpha Bikes parts ways with Specialized, opens Giant flagship
Since founding Alpha Bikes in 1992, owners and CEOs Gerhard Wagner and Daniel Castro have worked hard to create an indispensable bike community in the German city of Munich. When they teamed up with Specialized in 2008, they even gave up their own brand. That was the year they opened ...
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News briefsBikeExchange announces departure of its CEO
Mark Watkin, the global CEO of the Australian-based bike marketplace BikeExchange Limited, has resigned from the role effective immediately. Watkin, who has been with the company for five years, will stay on in the short term to ensure a smooth transition. Co-founder and current board member Sam Salter will step ...
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News briefsGuardian Bikes brings bike production back to U.S.
Guardian Bikes, a U.S. manufacturer of kids’ bikes and a fast-growing startup backed by investor Mark Cuban since its Shark Tank (USA) appearance with SureStop brakes in 2017, has announced it will open a highly automated bicycle factory in Seymour, Indiana, to bring bicycle production from Asia back to the ...
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News briefs
World’s Sports Group launches World’s Cycling marketplace
With the new platform World’s Cycling, the World’s Sports Group wants to help athletes to find and apply for cycling events all over the globe and also provide support for event organizers to find new participants. The World’s Cycling platform aims to become the go-to platform for bike competitions and ...
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ArticleItaly’s bike exports increase double-digit, e-bikes at 15%
A total of 1,975,000 million bicycles were sold in Italy in 2021 – 2 percent less than in the previous year, according to the annual estimates provided by the Italian bike industry association, ANCMA (Associazione Ciclo Motociclo Accessori). Sales of traditional bikes were down by 3 percent to 1,680,000 units, ...
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News briefs
Sport Import takes over distribution of USWE in ten European countries
The German bike wholesale specialist Sport Import has taken over the distribution of USWE bike backpacks from Sweden. USWE offers backpacks designed for biking that feature a patented shoulder strap technology that prevents the pack from moving too much. Sport Import will be responsible for distributing the packs in Germany, ...
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News briefsOrtlieb expands digital dealer support
Following the introduction of a dealer locator on its brand platform www.ortlieb.com, which allows customers worldwide to view the nearest Ortlieb specialist retailer, the German specialist for waterproof outdoor and bicycle bags has now taken the next step together with Outtra to allow local retailers to participate in the increasingly ...
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News briefsNew “Eurobike Innovators’ Prize” seeks the most innovative projects
As part of the location premiere of the show at Messe Frankfurt from July 13-17, 2022, Eurobike will be presenting a new award recognizing the most innovative products, services and ideas from the cycling and future mobility industry. Companies can submit their projects until June 6. The Eurobike Innovators’ Prize ...
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ArticleVista Outdoor outlines long-term vision and financial goals for proposed separation of its business
Vista Outdoor, the parent company of 39 brands including CamelBak, Bushnell Golf, Foresight Sports, Bell Helmets, Camp Chef, Giro, QuietKat and Stone Glacier, held its annual investor day for institutional investors and analysts at the New York Stock Exchange this week. Speakers included CEO Chris Metz, CFO Sudhanshu Priyadarshi and ...
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News briefsFounder of Fidlock nominated for European Inventor Award 2022
Source: Fidlock Joachim Fiedler, Fidlock Joachim Fiedler, inventor and founder of the German Fidlock company, is nominated for the European Inventor Award 2022 organized by the European Patent Office in the small and medium-sized enterprises (SMEs) category for its magnet lockup technologies. The Hanover-based company holds 400 ...
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News briefsVaude and partner Interseroh nominated for Plastics Recycling Awards Europe 2022
At the time that Vaude’s new line of ReCycle bike bags made from 100 percent recycled materials (for the main material) is going to market, the German company – together with its partners for the project, Interseroh and the Czech manufacturing company Fitcraft – is nominated for the Plastics Recycling ...
