All Bike & eBike articles – Page 54
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News briefsUSWE swings to Q1 profit as sales soar on demand surge
Swedish outdoor and sports brand USWE reported a jump of 253 percent in net sales to 29.3 million Swedish kronor (€2.86m-$3.37m) for the three months to June 30. It generated an operating profit before depreciation and amortization (Ebitda) of SEK 5.58 million (€0.55m-$0.64m), or a margin of 19 percent of ...
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News briefs
Velocio partners with Renewal Workshop
After partnering with Apidura in the UK and other affiliates in Europe and Canada for product repairs, Velocio, a U.S. cycling apparel manufacturer based in New Hampshire, has now announced its partnership with The Renewal Workshop to offer revived items and a source for customers to renew used Velocio apparel ...
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News briefsRose Bikes fills two new management positions
German DTC bicycle supplier and omnichannel retailer Rose Bikes GmbH has created and filled two new management positions at its headquarters with Fabian Loest and Uwe Schmäing. While Schmäing has been responsible for the continuous optimization of purchasing on the employee and customer side as well as the overarching systematization ...
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News briefs
Is Puma targeting the outdoor market?
In an interview on Aug. 23 with Süddeutsche Zeitung, one of the leading German newspapers, Bjørn Gulden, who has been CEO of Puma since 2013, said: “We need to focus more on outdoor. Not as an outfitter of extreme athletes or ambitious summiteers. But there is a big trend towards ...
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News briefsSunRace Sturmey-Archer partners with Dutch brand design agency
Publicly traded Taiwanese bicycle component manufacturer SunRace Sturmey-Archer Inc. has begun collaborating with renowned Dutch brand design agency Dutch Portfolio to develop a new global branding and marketing strategy for the component manufacturer that will increase brand awareness, digital and physical presence and market share. To that end, Dutch Portfolio ...
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News briefsTaichung Bike Week OEM postponed to 2022
It had long been hoped that the Taichung Bike Week (TBW) international OEM bicycle industry event, already canceled last year due to Covid, could at least take place this year. However, with the worldwide spread of the Delta variant, the nervousness in Taiwan, a country that had so far fought ...
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ArticleBack in black: The successful turnaround of Rotor Bike Components
Great products don’t always lead to profit, but they can with a little cohesion…and maybe Covid.
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ArticleLeatt continues on record track in 2021
In the second quarter of fiscal 2021, publicly traded South African protective equipment manufacturer Leatt Corporation, which trades over-the-counter in the U.S., has set more records: Sales increased by a whopping 106 percent to $14.3 million compared to the same period of the previous year. Income from operations grew by ...
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ArticleBike24 reports 44 percent revenue growth in H1 2021
German Bike24 Holding AG, the e-commerce retailer for cycling, running and swimming sports that has been publicly listed since June, reported sales of €127.4 million in the first half of 2021. Compared to H1 of the previous year, this is an increase of 44 percent. At the same time, the ...
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ArticleAdditional cash boost for Arevo allows for expansion of 3D printing facilities
Silicon Valley-based technology company Arevo unveiled a 3D-printed bicycle frame at Eurobike 2019. In August 2020, the company began offering on-demand custom production using a high-speed printer and in August 2021, Arevo announced not only “the completion of the world’s largest 3D printing facility for carbon fiber composite additive manufacturing,” ...
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News briefsTravel Talk 2021 held as physical congress day during Eurobike
For the 20th time, the international Travel Talk congress that is held during the Eurobike show in Friedrichshafen, Germany (Sept. 1-4) will host international bike business pros for discussion, networking, inspiration and collaboration. The live congress will be held on September 3, 2021, with the focus topic ...
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News briefs3D print bike manufacturer Urwahn expands lineup
With Waldwiesel and Waldwiesel.E, the German bicycle niche manufacturer Urwahn Engineering GmbH is expanding its gravel bike range. In addition, Waldwiesel.E is the “world’s first 3D-printed gravel e-bike.” With the two new models – one without, the other with e-support – the supplier, which is causing a stir with its ...
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News briefs
Carrera launches DTC webshop in the U.S.
Safilo is taking another step towards its digital transformation by launching a new e-commerce platform for its house brand Carrera in the U.S. The launch of the dedicated website, us.carreraworld.com, coincides with the 65th anniversary of the brand. The Carrera direct-to-consumer site is already live and offers an assortment of ...
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ArticleDorel posts ninth consecutive quarter of sales growth despite supply chain problems
Canadian conglomerate Dorel Industries Inc. continues to ride the wave of success, not only but mainly due to best results of its bicycle products-selling Sports Division and its Juvenile Division. In the second quarter of the current fiscal year 2021, the group increased its sales by 5.7 percent to $764.99 ...
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News briefsTrek launches e-commerce program in Germany and Austria
U.S.-based Trek Group began offering German consumers the ability to access its extensive product portfolio through its website on Aug. 2. Starting Aug. 25, the virtual offering, which also includes the German bicycle brand Diamant and the parts and accessories brand Bontrager, will be expanded to consumers in Austria. The ...
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ArticleGiant with strong H1 figures, production to be expanded with factory in Vietnam
Despite supply bottlenecks, container shortages and unfavorable exchange rates, Taiwan’s leading bicycle manufacturer Giant Group reported total consolidated sales of 41.99 billion Taiwan dollars (€1.28bn-$1.51bn) in the first half of fiscal 2021, thanks to unabated demand. Compared to the first six months of the previous year, this is an increase ...
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News briefsMerida reports double-digit sales growth in first half of 2021
While Taiwan’s leading bicycle producer Giant Group communicates its half-year sales and profit, Taiwan’s second-largest bicycle producer Merida Inc. Co. Ltd. has only officially published its monthly value-based sales figures for the first half of the year. Merida achieved unit sales growth of only 15.11 percent in April, with declines ...
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News briefs36 products receive a Eurobike Award
After the event had to take a break in 2020 due to the Covid-19 pandemic, the six-member expert jury of the Eurobike Awards 2021 has now selected 36 winners from 246 products submitted from 30 countries for nine categories. The exceptional innovation performance of 7 products was additionally rewarded with ...
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News briefsSRAM Group integrates Time Sport into its international distribution network
Last February, U.S.-based component manufacturer SRAM Group acquired the pedal business, including all related patents, from French manufacturer Time. Following the completion of a pedal manufacturing facility in Coimbra, Portugal, SRAM Group has now updated the list of global distributors for its pedal business, which now operates under the Time ...
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ArticleFourth consecutive record quarter for Fox Factory
U.S.-based suspension specialist Fox Factory Holding Corp. posted significant gains in both revenue and profit in the second quarter of fiscal 2021 compared to the same quarter last year. In addition, this year’s second quarter was not only the company’s fourth consecutive record quarter, but also surpassed the $1 billion ...
