KOBLENZ, Germany - The third quarter of 2025 remains resilient for Canyon. The company's financial performance reflects current market conditions. The overall industry is facing ongoing challenges, characterised by oversupply and aggressive discounting. While Canyon is not immune to this trend, the company reports robust sales in road and gravel segments.

DRESDEN, Germany - E-commerce platform Bike24 Holding AG has continued its strong growth path in the third quarter of 2025. The company recorded revenue growth of 31.7% to €82.8 million in the reporting quarter. In the first nine months, revenue rose by 25.5% from €176 million in 2024 to €220.9 million this year. Significant growth was achieved in all European markets, driven by localisation strategy and a strong core market in Germany, Switzerland and Austria.

SCHRAMBERG, Germany - The expected weakness in the e-bike segment in the first nine months of 2025 resulted in a 42% drop in revenue at the e-bike component manufacturer. For hGears, even the positive development of e-tools and e-mobility could not offset the slowdown in the e-bike segment, which continued into the third quarter of this year.

TAICHUNG, Taiwan - In the first three quarters of 2025, Taiwan's third-largest bicycle manufacturer, Ideal Bike Corporation, achieved total sales of NT$1.91 billion (€53.09 million). This means that the supplier is cruising at almost the same level as in the first nine months of the previous year, with a slight increase of 0.3%.

DULUTH, United States - Fox Factory has reported its third-quarter results, and while they're right on par with the company's projected net sales for FY2025, the results show the company's second-quarter momentum has slowed. This is mainly as a result of the sales slowdown in the bicycle and e-bike segment.

TAICHUNG, Taiwan - Giant Group recorded a 17% drop in consolidated revenue over the first nine months of this year, the latest figures released by the company's board of directors reveal. With a slow start to the year and a high-profile incident with the United States Government in late summer, the manufacturer reports a 24.9% decline year-over-year in Q3 revenue to NT$15.36 billion (€420 million). A small silver lining is the growth in e-bike sales and the recovering demand in Europe, particularly for its OEM business.

FOSHAN, China - Shihe Electric is the new owner of Ttium Motor Technology, better known in the market as Motinova. Foshan-based Shihe Electric acquired 55% of the shares, effective October 17, as reported by Ttium Motor Technology in a letter to its customers and industry partners.

MADRID, Spain - Following a slow start to the year, bicycle production is set to decline in Spain in 2025. The country produced a total of almost 220,000 bicycles in the first nine months of 2025, a 10% drop compared to the same period last year. Totalling €179 million in value, this represents a considerable decline, according to official data published by the Ministry of Industry and Tourism. The data for Q3, however, shows the most promising signs of a revival.

KARLSTEIN am MAIN, Germany - A sudden disruption in its customer base and subsequent legal proceedings instantly resulted in a financial challenge for the well-known lithium-ion battery manufacturer BMZ Deutschland GmbH. The company's branch, BMZ Deutschland GmbH, was forced to file for insolvency under its own administration at the local court in Aschaffenburg on 24 October.

TACHERTING, Germany - The owner of parts and component brand Syntace and bicycle brand Liteville has filed for insolvency. Syntace GmbH is already working on a restructuring and states that ongoing business operations are fully guaranteed. All orders and inquiries via the online shops will be processed as usual, as well as deliveries to IBDs and the Liteville products spare parts supply chain.

HASTINGS, United Kingdom - British bike brand Whyte Bikes Ltd. has changed private equity hands, from current owner Cairngorm Capital to Causeway Capital. The acquisition sees 100% ownership of Whyte transferred to Dublin-based Causeway Capital. The brand sees the move as a major step toward developing international growth.

BRUSSELS, Belgium - The merger of Cycling Industries Europe (CIE) and CONEBI has come one step closer, with the members of CIE endorsing a change to the association's statutes. The decision taken at the CIE general assembly this week reflects a shared commitment by both organisations to strengthen the industry's collective voice, enhance policy influence and ensure that cycling remains at the heart of Europe's green, digital and industrial transitions.

PARIS, France - On course to double sales in 2025, refurbished e-bike seller Upway, has received a financial injection of US$60 million (€52 million) in closing its Series C funding round. The company has now raised a total of US$125 million (€108 million) since its founding in 2021. The latest funding will facilitate new UpCenters in Europe and North America, expansion into five more countries and the launch of new digital services.

GDANSK, Poland - Polish manufacturer 7Anna Group and its brands NS Bikes, Rondo and Creme Cycles, may soon have a new investor, according to news buried in an Instagram post from NS Bikes.

IRVINE, United States - The long-awaited, much-hyped e-bike launch from Also, Inc., the micromobility spinoff of e-car manufacturer Rivian, is here. Though there have been a couple of leaked photos drifting around the internet, the California-based start-up has managed to keep most of the new bike's specs under wraps — until its launch on 22 October.

FRANKFURT, Germany - The introduction of MobiFuture last June at Eurobike was rather subdued and came as a surprise to many. It caused a big stir in the industry, making Fairnamic announce today: "key market participants see the need for further clarification of Mobifuture's concept and direction, which is why it will not be presented as a standalone trade show format in 2026."

FRANKFURT, Germany - Industry leaders have openly shared their opinions on the developments surrounding Eurobike with Bike Europe. Complaints about the show were already widely discussed during and after the last edition, but the future of the event came into full focus after the statement of the German industry bodies to pull out of Eurobike. For decades, the show seemed a fixed element in the industry calendar, but even Eurobike cannot escape the recent dramatic changes in the industry.

FRANKFURT, Germany - The dispute between Eurobike organiser Fairnamics and the German industry bodies ZIV and Zukunft Fahrrad will have a long-lasting impact on the global bicycle industry. ZIV and Zukunft Fahrrad laid down their vision in a 10-point plan submitted to Eurobike sometime in late July, which was initially published in German only. At the request of Bike Europe, the official document was translated by the industry bodies, as this discussion concerns the wider international industry.

FRANKFURT, Germany - The discussions about the future of the leading bicycle and e-bike industry show Eurobike have reached a new phase with the announcement of Bosch eBike Systems not to exhibit at the 2026 edition. This news came out shortly after the German industry bodies ZIV and Zukunft Fahrrad stated they will end their cooperation with Eurobike and withdraw from Eurobike 2026. Shimano representative Paul Lange & Co. has not taken a final decision yet on their presentation at Eurobike 2026.

FONZASO, Italy - Fashion in cycling apparel and bicycles has long taken a different path, if only because the life cycle and price range of both categories are far apart. Still, there are a lot of parallels, only because the audience is the same. How do both worlds interact, and how can they strengthen each other? Castelli product line manager, Andrew Montgomery, took a deep dive into Castelli's market approach and how the fashion world interacts with its brand strategy.

AMERSFOORT, the Netherlands - The new European Union guidelines on battery repairs will soon take effect, but whether the bicycle industry is sufficiently prepared remains to be seen. NOWOS founder Prins Doornekamp said he is surprised by the limited knowledge among both manufacturers and bicycle retailers.

LA MASSANA, Andorra - The mountain bike brand Commencal is celebrating its 25th anniversary this year. Started in 2000, founder Max Commencal focused on designing and producing high-quality bikes, particularly for gravity-focused mountain biking disciplines. How does Max perceive the market today, and what can we expect from this Pyrenean mountain biking pioneer?

SUZHOU, China - Over the past 22 years, Bafang has consistently prioritised technological innovation as fundamental to the company's development. With this approach the motor manufacturer has successfully navigated the storm of the previous years. "Whether in good times or bad, demand-driven innovation is urgently needed," CEO Qinghua Wang explains to Bike Europe.

GRENCHEN, Switzerland - Swiss bike manufacturer BMC Switzerland AG, with its brands BMC, Scor and Adicta Lab has communicated a CEO change at the start of next year. On 1 Jan., BMC's Chief Sales Officer (CSO) John Glett will be promoted to Chief Executive Officer (CEO). He will succeed David Zurcher, who is ending his 12-year tenure at the top.

PARIS, France - This was the question looking to be answered at the recently held Summit Series in Paris, supported by CIE's Women in Cycling expert group. The event, focusing on the retention and recruitment of women in the bicycle industry, hoped to 'lead the change' in correcting the current imbalance in the sector. With cross-spectrum representatives from industry and academia present, the conclusion was that progress is slow, and opportunities are being missed.

GIRONA, Spain - Accell Group has appointed William Perrier as managing director for Southern Europe in a role that was cut a couple of years ago. The renewed focus on the region is part of the group's strategy aimed at accelerating its development in the key markets of France, Spain, Portugal and Andorra. Perrier was presented at Sea Otter Europe as the man to boost the sales of Accell brands Lapierre, Ghost, Winora and Haibike, which are at the core of sales in the region.

EINDHOVEN, the Netherlands - Shimano announces that Marc van Rooij, president of the Shimano Europe Group, will leave the company by the end of 2025. Van Rooij has worked at Shimano for over 34 years in various management positions, including Shimano Benelux, Shimano Europe and Shimano Europe Holding. He has been president of the Shimano Europe Group since 2009.