Katie Sawyer

PARIS, France - Bike-leasing company Vapaus Group has announced the integration of France's Azfalte, a corporate cycling company boasting a 250-client portfolio. Calling France "Europe's strongest growth potential," Vapaus Group says it's excited to explore international growth with Azfalte, hoping to achieve one million new riders in the coming years.

MONTREUIL, France - French authorities have uncovered a vast financial fraud network in a large-scale investigation that involved over 70,000 Chinese-made e-bikes across six storage sites in the country. The losses amount to €6 million.

TAICHUNG, Taiwan - The results are in for Giant Group's 2024 sustainability and ethical impacts, and the company is reporting reduced emissions and increased solar power across the board, with some notable caveats. Giant Group, home of Giant, Liv, Momentum and Cadex bike brands, has been advancing its ESG commitments in a three-pronged approach since 2022: innovating a clean future, transforming for circularity and mobilizing for DEI.

MÜHLTAL, Germany - The precarity of the United States market and ongoing tariff uncertainty has taken a toll once again, as Riese & Müller announced this week it will pause all US shipments and re-evaluate following the latest 50% steel tariffs, "and their implications."

DRESDEN, Germany - Online bicycle retailer Bike24 Holding AG has reported its strongest quarter to date, posting double-digit growth in sales and profits in the second quarter of 2025. The company's CEO and founder, Andrés Martin-Birner, attributes the company's continued financial success to a number of company-wide decisions.

AMSTERDAM, the Netherlands - Despite still being in the negative, Swapfiets has reported significantly reduced losses last year. The Amsterdam-based company, and subsidiary of Pon Holdings, recorded a net loss of €14.2 million in 2024 — 14% less than the previous year.

GDANSK, Poland - Polish manufacturer 7Anna, owner of the cycling brands Rondo, NS Bikes and Creme Cycles, has filed for insolvency. A Polish industry leader in recent years, the 24-year-old company had become known for its diverse range of bikes, from Rondo's gravel bikes to Creme's urban riders. "We are in ongoing talks with investors and we have strong hopes that these negotiations will end successfully. If this plan works out, our brands and team will be able to continue moving forward, and we may even shift into fifth gear," explains founder Szymon Kobylinski in an update on the company's status.

WASHINGTON D.C., United States - United States President Donald Trump has signed a new executive order this week extending the current pause on high US tariffs for Chinese goods and clarifying trade agreements made with the European Union.

BRUSSELS, Belgium - E-bike brand Cowboy has broken its recent silence to announce new milestones in the form of short-term financing and brand partner Rebirth Group — and to address the variety of complaints lodged against the company in the past few months.

DULUTH, United States - American component manufacturer Fox Factory Holding Corp. is reporting strong results for its 2025 second-quarter sales, a growth spurt it's attributing to the stabilising bicycle industry. Sales are doing especially well in the company's Specialty Sports Group division, home to its bicycle and e-bike product lines, including Fox, Marzocchi, RaceFace, Easton and Ride Concepts.