Real all about Business

Pashley, Britain’s longest-established bicycle maker, supplied the bikes for a popular and successful bike share scheme in London. – Photo Pashley

Pashley bikes seeks funding to accelerate growth

STRATFORD-UPON-AVON, England - UK bicycle manufacturer, Pashley, is seeking investment to accelerate its growth in three areas of e-mobility....

E-commerce specialist Internetstores has now officially filed for insolvency at Stuttgart District Court. - Photo Internetstores

As Signa Sports crumbles bicycle entities drop like dominos

BERLIN, Germany - A dramatic domino effect is taking place within the financially troubled Signa Sports Group which is having huge implications on...

For Shimano the outlook remains rather uncertain due to the high inventories. – Photo Shimano

Shimano sees high demand as a long-term trend

OSAKA, Japan - Shimano reports a big difference in market performance between Europe and North America. In its January-October 2023 financial...

The future of Mate Bike is unclear. – Photo Mate Bike

Mate Bike struggling to survive under Chapter 11 status

COPENHAGEN, Denmark - The ambitions were sky high when Mate Bike was founded in 2016. Investors were easy to entice based on the projected growth of...

The financial problems at Signa Sports United are overshadowed by the even bigger issues at Group level. – Photo Signa Sports

Signa Sports' problems not only related to cycling industry issues

BERLIN, Germany - The latest report on the financially troubled Signa Sports United are overshadowed by the even bigger issues at its largest...

“We have shifted our focus from consumers to the B2B market,” says Hagen founder Kasper Peek. – Photo Hagen Bikes

Hagen Bikes to raise new capital on the First North Nasdaq market

PEETRI, Estonia - Within two years listed cargo bike manufacturer Hagen Bikes company is heading to the stock market again for new capital. Hagen's...

H&L's accountants and advisors see high inventory levels at many companies at IBDs. This could potentially have consequences for retailers’ pricing policy in the second half of 2023. – Photo Bike Europe

High inventories a threat to Dutch market stability, financial...

ZEIST, the Netherlands - In the first half of this year, bicycle sales took place at a normal gross margin on average in the Netherlands. At the same...

The French wheel and wheel building specialist Mach1 diversifies into handlebars. – Photo Bike Europe

Mach1 takes-over Red-Motion handlebars

MARCLOPT, France - Mach1 has taken-over Red-Motion, the innovative French company behind the Baramind shock-absorbing handlebars. "This acquisition...

The company has not published the impact of the reorganization on its production capacity. – Photo Bike Europe

Flyer confirms drastic reorganization but will stay in Switzerland

HUTTWIL, Switzerland - The current difficult market situation in the entire bicycle industry, including a post-pandemic market correction, is also...

The online vendor did not reveal which of its businesses, bike, tennis, outdoor, or team sports, is facing the biggest problems. – Photo Signa Sports United

Signa Sports United takes drastic steps to face economic headwinds

BERLIN, Germany - Online vendor Signa Sports United is taking instant action to face continuing macroeconomic headwinds, oversupply in the market and...