All Bike & eBike articles – Page 41
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ArticleGiant Group reports another sales record in Q1
For the first quarter of fiscal 2022, Taiwan’s leading bicycle manufacturer Giant Manufacturing Company Limited (Giant Group) reported a new historical quarterly record. E-bikes accounted for 26 percent of group sales. At 22.26 billion Taiwan dollars (€709.67 million), this year’s quarterly sales increased 8 percent compared to the first three ...
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News briefsNew sustainable bike brand Norman introduces Australian-made MTB apparel and sportswear
The Australian clothing brand Norman has launched its first line of mountain biking apparel, all made in Australia and with a choice of materials focusing on sustainability, including a poly/nylon blend made from recycled ocean plastic from Repreve. Norman ships its apparel for men and women worldwide from its webshop. ...
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News briefsJason Kenny invests in performance bike manufacture Reap
Sir Jason Kenny has teamed up with British bike manufacturer Reap as a performance partner and investor. Kenny, an English former track cyclist, holds the most Olympic gold medals and medals for a British athlete. With him now onboard, North Staffordshire-based Reap is launching a crowdfunding campaign on Crowdcube to ...
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News briefsVanpowers to launch world’s first e-bike with an assembled frame
Vanpowers has announced the launch of the world’s first electric bicycle with an assembled frame on the crowdfunding platform Indiegogo on May 24. The new e-bike has been named the City Vanture. According to the brand, many one-piece frames are heated at high temperatures after welding, and repeated shape correction ...
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News briefsUSWE Sports delays quarterly report due to Covid-related inventory postponement
Sweden-based USWE Sports AB, listed on the Stockholm-based Nasdaq First North Growth Market since last June, has delayed the release of its Q4 21/22 report (January to March 2022). Previously, the company had announced a May 12 publication date, postponed by the company at short notice, without providing an alternative ...
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News briefsRecco hires partnership and sales developer
Source: Recco AB Paul Rosenquist Recco AB has hired Paul Rosenquist as a new partnership and sales developer. He will focus primarily on building and strengthening partnerships with rescue organizations, government agencies and year-round outdoor stakeholders around the world, and will execute projects focused on communications and ...
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ArticleSeventh consecutive quarterly sales record for Leatt
Leatt Corporation continues to ride on a profitable high. The Q1 2022 results are not only the seventh consecutive quarterly revenue record but also the 16th straight quarter of steady growth. The South African company, listed on the U.S. stock exchange via the over-the-counter (OTC) market, posted total sales of ...
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News briefsRab launches new bike wear collection for summer 2023
Source: Rab Cinder For summer 2023, British outdoor brand Rab (owned by Equip Outdoor Technologies Ltd.) plans its entry into the off-road bike market. At the brand’s sales meeting, the Rab sales force was introduced to the new “Cinder” off-road bike collection, consisting of 31 styles for ...
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ArticleBike24 reports solid Q1 sales and earnings in a difficult environment
German online cycling, running and swimming sports retailer Bike24 Holding AG increased its sales in the first quarter of 2022 “in a challenging environment and driven by consistent execution of its European expansion strategy” by a solid 7.3 percent to a total of 61.79 million euros. According ...
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News briefsFelix Jahn, grandson of company founder, is new CSR manager at Schwalbe
The former Schwalbe product manager urban/trekking/e-bike, Felix Jahn, is the new corporate social responsibility (CSR) manager of the German brand that belongs to the family-owned company Ralf Bohle GmbH. All current and new projects relating to sustainability and social responsibility will now be centralized in the newly created position. Jahn ...
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News briefsVanMoof expands leadership with Gillian Tans in new role as president
Source: VanMoof Gillian Tans The Dutch e-bike company VanMoof announced the appointment of Gillian Tans as president. Tans, previously CEO at Booking.com, takes on the newly created position immediately. During her 20-year tenure, Tans oversaw Booking.com’s massive expansion from a Dutch start-up to the world’s leading online ...
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News briefsTNF commits to support wilderness clean-up projects via EOCA
For the third year running, The North Face (TNF) has chosen the European Outdoor Conservation Association (EOCA) to find and manage environmental projects to be financially supported by the brand’s fund. Five projects in four European countries have been picked by EOCA and will be supported with ...
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News briefsAdidas Five Ten celebrates wheelie culture with Danny MacAskill
The 36-year-old Scottish mountain biking phenomenon Danny MacAskill has released a new video titled “Danny Do A Wheelie,” created in collaboration with Adidas Five Ten. The video was released on YouTube on May 10. It shows MacAskill riding every bike imaginable through a series of iconic Scottish locations. He is ...
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News briefsZara launches outdoor collection for women
Zara, the main retail brand of Spanish fashion group Inditex, has introduced a new collection for women, designed especially for outdoor activities like climbing and cycling. The collection, which comprises 25 pieces of apparel and footwear, has been introduced globally in many markets, including Spain, the U.K., the U.S., France ...
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News briefsSpain’s Orbea posts sixth consecutive year of growth
As CMDsport and other Spanish outlets are reporting, Orbea announced at its annual meeting on May 7 that it had recorded a sixth consecutive year of growth. Sales for the Spanish-Basque bicycle company rose by 41 percent year-on-year to €282 million. More than four-fifths (81 percent) of these sales came ...
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News briefsHövding changes hands and delists from the stock exchange
Investor Joel Eklund and his Malmö-based investment company Fosielund Holding AB made a mandatory offer for Hövding at the end of 2021 after exceeding the threshold of 30 percent of shares in the company. In March, Hövding received an interest-free hybrid loan of SEK 50 million (€4.7m) from Fosielund, and ...
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News briefsEndura appoints brand director as founder and general manager step down
Following the announcement by Jim McFarlane, founder of cycling apparel brand Endura, and managing director Pamela Barclay that they will retire from day-to-day operations, Noah Bernard has been appointed brand director to lead the company in the future. McFarlane founded Endura in 1993 and has co-managed the brand with Barclay ...
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News briefsShimano divests Pearl Izumi to United Sports Brands
Califonia-based United Sports Brands (USB), owner of Spalding, Nathan, Shock Doctor and KT Tape, among others, has acquired the bike apparel brand Pearl Izumi from Shimano, the Japanese manufacturer of cycling components, fishing tackle and rowing equipment. USB is a portfolio company of private equity firm Bregal Partners. Besides its ...
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News briefsQ36.5 introduces bike shirts with graphene yarn
Claiming to be the first bike brand to use a yarn that integrates graphene in the fabric (rather than using the material as a treatment), Italian brand Q36.5 introduces a new fully zipped bike tricot available for men and women that uses a technology patented by the brand. The “Clima” ...
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ArticleFox Factory forecasts overheated bike product sales “back to normal” in winter 2022
In its first sales quarter of the current fiscal year 2022, suspension specialist Fox Factory Holding Corp reported a 35.6 percent increase in its earned revenue of $377.98 million compared to the previous year’s first quarter. Net income of $48.05 million also increased by a double-digit 26.5 percent. Fox Factory ...
