All Bike & eBike articles – Page 43
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ArticleBicycle sales in Austria: turnover surpasses €1 billion
The Association of Sporting Goods Manufacturers and Sports Equipment Suppliers of Austria (VSSÖ) has released the 2021 Austrian bicycle sales figures. Although the impact of the Covid-19 pandemic on supply chains was still strongly felt, around 490,000 bicycles were sold to Austrian sporting goods retailers and specialist bicycle dealers last ...
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ArticleTVS Motor Group acquires majority stake in another European e-bike company
The acquisition of an 80 percent majority stake in Swiss e-bike brand Ego Movement last year was followed by a 75 percent majority stake in Swiss E-Mobility Group (SEMG, the parent company of domestic e-bike retail chain M-Way, among others) in February 2022. Now, Indian two-wheeler and utility vehicle manufacturer ...
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ArticleRebike Mobility completes another round of financing, expansion outside Germany planned
Rebike Mobility GmbH, a German provider of used e-bikes founded in 2018, has announced the completion of a new round of capitalization. Leading the round is Circularity Capital, a European investor for growth companies in the circular economy. The new co-investors Tengelmann Ventures and Parkshore Holding bring strategic experience to ...
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News briefsEurobike and German railway offer free e-bikes for show visitors
The German railway company Deutsche Bahn (DB) has agreed to a partnership with Eurobike for its 2022 edition of the mobility show from July 13 to 17, 2022. 2,000 e-bikes from the DB “Call a Bike” rental fleet will be available, ready to use with a free voucher for Eurobike ...
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ArticleGovernment-funded VeloLab founded to encourage innovation in the German bike sector
A new platform called VeloLab was launched in early April 2022 with the goal to strengthen the bicycle as a means of transport in Germany. As a funding project of the Federal Ministry of Digital Affairs and Transport (BMDV) within the national cycling plan (NRVP) framework, VeloLab is a digital ...
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News briefsNew bike opening in the Dolomites
From May 27 to 29, 2022, the Dolomiti Paganella Bike Opening will take place for the first time in the region of the same name in Trentino, Italy. On the three days of the event, various brands and media will gather at each of the three rifugi La Montanara (Molveno ...
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News briefsCake appoints Jens Stark as chief commercial officer
Source: Cake Jens Stark, CCO Cake Cake, the Swedish manufacturer of lightweight electric motorcycles, has appointed Jens Stark as chief commercial officer. Stark will lead the continued expansion of Cake’s sales team globally and take the sales organization from start-up to scale-up. He joins Cake from Apple, ...
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News briefsRegistration for Sea Otter Europe sporting events now open
The sixth edition of Sea Otter Europe on Sept. 23-25 will once again see several sporting events as the main attraction, with a variety of races and cycling events. The sports program of Sea Otter Europe Costa Brava - Girona by Continental is one of the most important parts of ...
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ArticleRestructuring of SRAM’s European OE sales team
After seven successful years as director of OE sales Europe at bicycle component manufacturer SRAM Group (brands Avid, Hammerhead, Quarq, Rockshox, SRAM, Time Sport, Truvativ, Zipp), Uwe Reichelt is entering his well-deserved retirement. The German company has already used the last few months to reorganize and expand the European OE ...
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News briefsKKR formally submits offer for Accell Group
U.S.-based financial investor Kohlberg Kravis Roberts & Co. Inc. (KKR) formally announced its €58-per-share offer for Dutch-based Accell Group, owner of Ghost, Haibike, Babboe, Batavus, Lapierre, Winora and other bicycle brands, on April 7, with an acceptance deadline of June 3. The offer per share represents a 26 percent premium ...
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News briefsSuccessful comeback of VELOBerlin
Source: Stefan Haehnel VELOBerlin 2022 After a two-year pandemic break, the bicycle festival VELOBerlin opened its doors again at the former Tempelhof Airport in the German capital. The tenth edition of the consumer festival gave the bicycle a big stage as a festival for product trends, test ...
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News briefsHans Anders launches new sports eyewear brand Driive with DSM bike team
The Dutch Hans Anders retail group (owner of the Hans Anders, Eyes + More and Direkt Optik optician chains) has entered into a collaboration with World Tour cycling team DSM to develop and promote its new eyewear brand, Driive. The new line of sports eyewear is aimed at cyclists and ...
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ArticleFrasers Group expands its leadership team with new managing director for cycling
U.K.-based Frasers Group has announced the appointment of Russell Merry as managing director for cycling. The group, which claims to be aiming for market leadership in the U.K. cycling sector, currently operates more than 70 stores across the country and a website with Evans Cycles, founded in 1921. This, along ...
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News briefsChanges in marketing and sales at POC's Salzburg office
The Swedish winter and cycling specialist for helmets, eyewear, clothing and protective equipment, POC, has expanded its team in the areas of marketing DACH and Europe and sales in Germany and Austria. Already on Feb. 15, Anja Boch joined POC in Salzburg, Austria, as marketing assistant Europe. She previously worked ...
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News briefsChina Cycle 2022 postponed due to the spread of Omicron variant
In light of the Omicron wave currently sweeping China, particularly the greater Shenzhen and Shanghai areas, the cancellation of the 31st China Cycle International Bicycle Exhibition, scheduled to take place May 6-9 at the Shanghai New International Expo Centre (SNIEC), doesn’t seem like a big surprise. “Dear friends, due to ...
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ArticleBicycle shares Q1 2022: Geopolitical situation puts pressure on the market
While global lockdowns, virus variants, inflation, zero interest rates, supply shortages or political crises could not harm last year’s upward trend in bicycle stocks, Russia’s attack on Ukraine has changed everything. The war is intensifying the surge in prices. Fears of supply shortages of gas and oil and other commodities ...
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ArticleTop results for Bike24, yet disappointing for investors?
The German cycling, running and swimming sports online retailer Bike24 Holding AG, which has only been traded on the stock exchange since June last year, has just presented its 2021 annual report. According to the report, the Dresden-based company generated total sales of €250.16 million – a remarkable double-digit increase ...
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ArticleShimano Europe intends to outsource warehouse activities
Shimano Europe B.V., based in Eindhoven, Netherlands, intends to completely outsource its warehousing activities. The proposal has been submitted to the works council for consultation. The outsourcing could result in losing up to 45 jobs at the warehouse in Nunspeet (Netherlands). A social plan will be drawn up for the ...
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News briefsBastian Dietz appointed Director Global Business Development at SQlab
Source: SQlab Bastian Dietz After a three-month sabbatical following a three-year stint at Messe München, which included a role as cycling and new mobility category manager for IAA Mobility, bicycle specialist Bastian Dietz is returning to one of his former employers, Boards & More, where he joins ...
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ArticlePierer Mobility’s annual report confirms record growth
After the Pierer Mobility Group had already announced its first preliminary figures for fiscal 2021 and raised its sales forecast in January, the publicly listed Austrian company has now presented its final annual report, which confirms the group’s record growth in both sales and earnings. Despite the challenging situation in ...
