All Bike & eBike articles – Page 58
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News briefs
E-bike buyers are younger in Germany and Belgium than in the Netherlands
Figures from the annual GfK e-bike Monitor 2020, which was first launched in the Netherlands in 2018, show more young e-bike buyers in Germany and Belgium than in the Netherlands. Among e-bike buyers, the age groups 50 and 65+ are less strongly represented in these countries than in the Netherlands. ...
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News briefsGerman B2C bicycle supplier Rose launches its first own apparel line
Source: Rose Bikes Rose Dropbar Cycling Fashion – Unpaved After more than a year of research and development, German bicycle supplier Rose Bikes unveiled its first dedicated “all-in” cycling apparel line. According to the company, the Rose Dropbar Cycling Fashion, marketed under the slogan “Timeless.Functional.Fashionable.”, is far ...
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News briefs
Giro with marketing hires and promotions
California-based Giro Sport Design, part of Vista Outdoor since 2016, announced several changes to its brand and marketing team. Peter Nicholson has been hired as brand manager for Giro Bike. He was most recently a partner at True Communications, the company’s PR agency. During his 11-year tenure at True, he ...
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News briefs
Liv Cycling introduces global ambassador program
Liv Cycling has launched its Liv Global Ambassador program and signed Anita Naidu, the professional mountain biker and coach, as its new ambassador. The program recognizes women and programs in the cycling community who advocate for making cycling more inclusive. Besides her athletic accomplishments, Naidu is known internationally for her ...
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News briefsChanges in Canyon Bicycles’ communications team
After four and a half years as global communications manager at Canyon Bicycles GmbH, Thorsten Lewandowski will officially leave the German D2C provider at the end of June, but is currently already on residual leave. Lewandowski will, however, remain with the industry. We expect more information in July. Prior to ...
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ArticleU.S. debut of German-Austrian Nox Cycles
German-Austrian e-bike manufacturer Nox Cycles Austria GmbH, which once emerged from Berlin-based Hawk Bike Sales GmbH, is expanding not only from the DACH region into other EU countries but also toward the Americas. While it has already gained a foothold in South America two years ago through an importer in ...
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News briefs7mesh grows distribution network
Founded by former managers of Canadian outdoor company Arc’teryx, technical bikewear supplier 7mesh Industries Inc. (aka 7mesh Apparel) is not only experiencing strong sales growth but is also expanding internationally with new agencies. In Europe, for example, the Canadians were able to sign up Lyon Equipment Ltd. and Ski a ...
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News briefsDorel Industries closes new $450 million credit facility
Earlier this year – and after lively discussions between Dorel Industries Inc. and its shareholders – the Canadian conglomerate pulled out of the announced going-private transaction. With shareholders clearly expressing confidence in Dorel’s future and the greater potential for Dorel as a public company, the Canadians now announced that “it ...
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ArticlePrivate equity firm invests in German bicycle retailer LJB
The private equity firm Borromin Capital has invested in the German bicycle retail chain Little John Bikes GmbH (LJB) to drive the retailer’s national growth and to support the company’s further structural and strategic development in the areas of regional presence expansion, corporate acquisitions and the expansion of existing and ...
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ArticleSigna Sports United buys bike e-tailer Wiggle - and plans to go public
Through a merger with Yucaipa Acquisition Corporation, a U.S. special purpose acquisition company, the previously indicated IPO (see SGI Europe) of Berlin-based Signa Sports United (SSU), led by Austrian investor Rene Benko, will now proceed faster than anticipated. According to a projected valuation, the combined company is expected to reach ...
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News briefs
Accell Group’s CSCO to leave the company
At its 2015 annual general meeting, Europe’s leading premium bicycle supplier Accell Group N.V. announced that the newly created position of chief supply chain officer (CSCO) would be filled by industry newcomer Jeroen Both, who would also join the management board as its fourth member. Now, the group’s supervisory board ...
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News briefsHartje hires export sales manager for international market expansion
Source: HARTJE Coen Bosch Hermann Hartje KG welcomes bicycle industry veteran Coen Bosch as a new executive to its ranks. Since May 1, he has been responsible for the export business of the northern German bicycle wholesaler, importer and supplier in the area of bicycles/bicycle parts. As ...
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News briefsNew Austrian distributor for Protective
Andreas Etzelstorfer German bike wear label Protective has appointed Traunstein Sportbekleidung GmbH of Kirchham as its new distributor for Austria. Karl Attwenger, managing director of Traunstein Sport, and sales manager Andreas Etzelstorfer succeed Siggi Morgenbesser. Traunstein Sportbekleidung operates two showrooms at its headquarters in Kirchham and at ...
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ArticleLive video shopping: Isbjörn pilots with Streamify, Go Instore sees popularity despite end of lockdown
Even as more and more countries are reopening brick-and-mortar retail, store technology service provider Go Instore sees strong interest in its platform that enables virtual visits to retail stores since pandemic restrictions imposed temporary store closures across Europe. The London-based IT company recorded 2.4 million unique visitors to its offering ...
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News briefsCypad Group with new CEO
In early April, investor PM&Partners SGR S.P.A. and its PM&Partners III Fund became majority shareholders of Cytech S.r.l. (aka Cypad Group). The Italian investor announced at the time that it wanted to strengthen the existing management team around the well-established Cytech founding duo, Marino De Marchi and Stefano Coccia (now ...
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News briefsPexco with name change and new organizational structure
Now that Austria-based Pierer E-Bikes GmbH (GasGas Bicycles, Husqvarna E-Bicycles and R Raymon brands) and Germany-based Pexco GmbH have grown together into a successful organization after nearly a year and a half under the umbrella of Austrian two-wheeler giant Pierer Mobility AG (KTM Sportmotorcycle, Husqvarna Motorcycles and GasGas Moto motorcycle ...
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News briefs
Livall’s EVO21 crowdfunding campaign has surpassed $300,000
Livall has announced that the campaign for the official launch of its EVO21 smart helmet on Indiegogo has now raised over $300,000 thanks to more than 2,100 backers. As previously reported, the campaign debuted on Indiegogo on May 13, and Livall plans to start shipping the new helmet globally this ...
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News briefsAbus Group acquires Italian helmet manufacturer
German preventive safety expert August Bremicker Söhne KG (aka Abus Group) has agreed to acquire Italian helmet manufacturer Maxi Studio. The plan is to fully integrate the manufacturer into the group of companies. No details were given about the sales price. Source: ABUS Made by Maxi Studio: Movistar ...
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ArticleBike and sports e-commerce retailer Bike24 plans to go public in 2021
In September 2019, private equity firm The Riverside Company bought back German e-commerce retailer for cycling, outdoor, fitness and swimming products, Bike24 GmbH, from British cycling e-commerce giant Wiggle CRC. Riverside had sold the continental European cycling online platform to the British industry giant in 2017. However, that deal had ...
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News briefs
New British Cycling Show in June 2022
Raccoon Events, the U.K.-based company behind events such as the National Running Show, National Snow Show or National Outdoor Expo, announced today that it is adding another consumer event to its portfolio: The National Cycling Show, scheduled for June 18-19, 2022, at the NEC in Birmingham. The ...
