Companies

With a growing e-bike market and a consumer preference for instore shopping, local brand Cowboy opened a brand store in Brussels in 2023. – Photo Cowboy

Belgian bicycle market drops 18% in 2023

BRUSSELS, Belgium - In Belgium, over 18% fewer bicycles were sold in 2023. Sales decreased from nearly 700,000 to 569,605 units, according to figures...

VeloStrana is one of the leading chains of bicycle shops in Russia with 16 store in 11 cities. - Photo Velostrana

How is the Russian bicycle market faring?

MOSCOW, Russia - With Western sanctions and the ever-growing isolation of Russia in the international arena, serious pressure is being put on the...

According to the CIE Business Impact Survey the bike share sector was leading in revenue growth last year. – Photo Dott

Cycling Industries Europe calls industry performance 'better than...

BRUSSELS, Belgium - The results of the 2023 Business Impact Survey surprised Cycling Industries Europe (CIE) who has conducted this holistic look at...

Besides strong brands such as Gazelle in the Netherlands performing well, Pon continued to explore new opportunities in 2023, such as the partnership with Volkswagen Financial services to expand opportunities in the bike leasing segment. – Photo Bike Europe

Pon declares 'robust' 2023 performance despite bike market correction

AMSTERDAM, The Netherlands - Following a historic year in 2022, the bike division of Pon Holdings has reported a 5% drop in 2023. Referring to the...

Incoming CEO Ed Cully previously held the same position at Whytes bikes. – Photo enviolo

enviolo appoints new CEO as David Hancock steps down

AMSTERDAM, the Netherlands - E-bike component manufacturer, enviolo has appointed a new CEO. Ed Cully has succeeded inaugural CEO David Hancock and...

Babboe has entered the final phase of research into the safety of its cargo bikes. – Photo Babboe

Babboe offers replacement for 22,000 cargobikes after inspection

AMERSFOORT, the Netherlands - Accell Group subsidiary Babboe has issued a recall and replacement program for in total 22,000 cargo bikes. The first...

The Opium was one of the big eyecatchers at Eurobike 2022; on the right George Merachtsakis. – Photo Peter Hummel

myStromer and Revolt Zycling settle Swiss speed pedelec dispute

OBERWANGEN, Switzerland - The confiscation of all e-bikes at the Opium brand stand caused a big noise at Eurobike last year. The reason was the...

“I am still standing in this power struggle” says a defiant Beat Zaugg. - Photo Scott

Big bang at Scott Sports Group: Board of Directors fires CEO Beat...

GIVISIEZ, Switzerland - The announcement by Scott Sports Group SA majority shareholder Youngone Corporation to lay-off its CEO and minority...

Despite losing retail market share, IBDs in Switzerland saw turnover from repairs increase in 2023. – Photo Peter Hummel

Speed pedelec trend gives Swiss market glimmer of hope

AARAU, Switzerland - This Swiss bicycle market developed in 2023 in line with other European countries. After the sales peak in 2020-2022, the market...

Circulatory Capital was a lead investor when Rebike raised €24 million to expand into France, the Netherlands and Switzerland. – Photo Rebike

Private equity supporting growth of micromobility's circular future

EDINBURGH, Scotland - A 9-digit private growth-equity fund which has already supported Rebike, Bike Club and Grover in the micromobility sector,...