
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...
ZURICH, Switzerland - Rising costs, the looming threat of larger recession, low consumer confidence and continuing operational challenges are set to...
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...
REDDITCH, UK – In its latest financial statement, UK bicycle retailer Halfords reports that cycling sales have dropped to pre-covid levels. Despite...
MUNICH, Germany – The events of 2022 had a huge impact on financial markets; it was a disastrous stock market year. The pandemic was barely halfway...
ZEIST, The Netherlands – 2022 continued on a high for e-bike and bicycle manufacturers and retailers as the pandemic continued to push demand. But as...
TAICHUNG, Taiwan – It was not supposed to be discussed in public, but the letter Giant sent to its suppliers asking for payment postponement was...
LONDON, England – They’ve been an unmistakeable sight in cities across Europe this year – delivery e-bikes. Whether for consumables or household...
For a long time the bicycle industry has been able to rely on the fact that cycling itself is considered sustainable, but that is changing....
BRUSSELS, Belgium - Global bicycle sales in 2021 reached 96 million units, while the booming pedal-assisted e-bike sales are estimated at 9.7 million...
NEW YORK, USA – When the pandemic started in March 2020 the US bicycle business was fully import dependent. 95% of all bicycles sold in the country...