Jo Beckendorff

Sweden's leading bicycle retailer, WS We Sports Group, continues its omnichannel expansion strategy with the opening of its fifth Cykelkraft-branded brick-and-mortar location. The new 2,500-square-meter flagship store in Kållered, near Gothenburg, officially opened on 21 May is a major step forward in the retail development of WS We Sports Group AB's Bike & Mobility division.

German e-commerce giant The Platform Group (TPG) states that it has "fully met" its annual forecast, with significant growth in revenue and earnings. "The organic growth of our platforms was consistently strong, enabling us to successfully decouple from the generally weak retail industry trend," founder Dr Dominik Benner states. The group's activities in the bicycle industry include three online platforms and one brick-and-mortar store.

High-precision gear and component manufacturer hGears AG started 2026 as expected: the publicly-traded company was aware in advance that it would not be able to achieve exceptional growth amid geopolitical uncertainties and the resulting strain on economic momentum. So even though first-quarter revenue for 2026, at €23.4 million, was 6.9% below the comparable period last year, it was still within the company's expected range.

Stock-listed e-commerce bicycle retailer Bike24 Holding AG has gotten off to a strong start in the new year. The Dresden-based company posted not only first-quarter double-digit growth, but also a significant improvement in adjusted EBITDA.

The persistent difficulty of the economic conditions in the bicycle industry has forced German rim producer Schürmann to close down its operation.

Decathlon S.A. reported steady growth in 2025, even as market development across the sporting goods and bicycle sectors remained uneven. The French retailer reports increased revenue and profitability. At the same time, limited disclosure around category-level performance, especially in cycling, leaves open questions about where that growth is coming from and how sustainable it may be.

After several challenging years for the bicycle industry, the Austrian industry and market proved remarkably stable in 2025. It went back to normal. In 2025, Austria's bicycle and sporting goods retail sector sold approximately 389,000 units.

That things are truly looking up again for Germany's online bicycle retailer Bike24 Holding AG was demonstrated by the first three-quarter sales results as well as the publicly traded company's stock market development during 2025. Having been thoroughly battered it is no coincidence that Bike24 stock skyrocketed last year by 170.9%. The company now has its sights set on continued growth in 2026.

Astro Tech Co., Ltd., the Taiwanese frame builder specialising in lightweight aluminium alloy and high-rigidity carbon fibre frames, is using its 35th anniversary this year to chart a new strategic course.

German bicycle supplier Rose Bikes GmbH, a family-owned company that started out as a D2C business and grew step-by-step into an omnichannel supplier, increased its total revenue for the 2024-2025 fiscal year by 2% to €215 million compared to 2023-2024.