E-drive maker hGears gives cautious outlook after revenue decline
SCHRAMBERG, Germany - hGears AG, the European precision e-bike transmission parts and components manufacturer, reports a 16.9% year-on-year decrease...
SCHRAMBERG, Germany - hGears AG, the European precision e-bike transmission parts and components manufacturer, reports a 16.9% year-on-year decrease...
MILAN, Italy - The 2023 bicycle market in Italy closed with a 23% year-on-year decline in sales volume. Italy's bicycle industry association ANCMA...
MONTIGNY-LE-BRETONNEUX, France - The French Alltricks group has reported a 4% increase in sales last year despite the difficult conditions. "In 2023,...
BRUSSELS, Belgium - The bicycle industry is eagerly waiting better times. Although some insiders noted slight changes in the market in a positive...
REICHSHOF, Germany - Tyre manufacturer Schwalbe has reported a turnover of €237 million in 2023, down 30% from a record year in 2022. Dampened...
AMSTELVEEN, the Netherlands - The age group 25-34 made up a bigger portion of all e-bike customers in the Netherlands in 2023 compared with 2022. In...
KOPRIVNICE, Czech Republic - Bicycle manufacturer Bike Fun International (BFI) has appointed René Gasser as its new CEO. He will take over the...
HEERENVEEN, the Netherlands - The appointment of the new Chief Financial Officer (CFO) Gijsbert van Zoeten is Accell Group's next step in an attempt...
TAICHUNG, Taiwan - A huge increase in bicycle sales in China could not compensate for the weak demand of entry to mid-level products from both North...
WOKING, UK - The restart of VanMoof after the bankruptcy last summer had to come with a drastic change in strategy. VanMoof's new owner McLaren...