McKinsey-WFSGI study reports industry braces for headwinds
ZURICH, Switzerland - Rising costs, the looming threat of larger recession, low consumer confidence and continuing operational challenges are set to...
Prophete insolvency has no direct impact on DHS operation
DEVA, Romania – The announced insolvency of Prophete Group last December immediately raised questions about the impact on the Eurosport DHS SA...
Hackers interest in the bicycle business on the rise?
GROSSHELFENDORF, Germany –Fritzmeier Group, the parent company of niche carbon e-bike manufacturer M1 Sporttechnik GmbH, has fallen victim to a...
Winners of Taipei Cycle d&i awards 2023 decided
TAIPEI, Taiwan - After two days of intense discussions, an international panel of experts in the field of bicycles and design have selected the...
VanMoof asks investors for additional funding to continue operations
AMSTERDAM, the Netherlands – The trendy Amsterdam based brand VanMoof has seen its turn-over hike since 2017. A strong global branding made it an...
Benelux market in optimistic mode at Velofollies
KORTRIJK, Belgium – “Super”, “Amazing”, “Best event ever”; these were some of the comments from exhibitors at Velofollies last weekend. Signs of...
Cargoroo raises €10 million for e-cargo bike sharing concept
AMSTERDAM, the Netherlands – Cargoroo has raised a sum of ten million euros from investors to support the growth of its shared e-cargobike concept....
Hong Kong investor Jebsen Group steps into Woom
KLOSTERNEUBURG, Austria – The Hong Kong-based family-run trading and logistics company Jebson Group has stepped into Austrian kids and juvenile...
Replacement market to give boost to German e-bike sales
BERLIN, Germany – In addition to the regular market for e-bikes, the replacement market is becoming increasingly important in Germany. No less than...
Specialized re-organisation also impacts European operations
MORGAN HILL, US – The announcement that US brand Specialized is saying goodbye to 8% of its global workforce, is a new sign that the bike industry...