TAICHUNG, Taiwan - Mid 2024 Giant Group's sales trend seemed to have found a way up again, but this turned out to be only a short-lived revival. In July, Giant still expected operations to improve gradually, but the financial report published yesterday of the Q1-3 results show that a full recovery takes longer than expected.
PÖCKING, Germany - Circular Logistics GmbH, a pioneer in sustainable packaging solutions, has been awarded in two categories at the German Design Awards 2025 for their innovative design of a reusable transport box for new bikes.
The lack of transparency in the bicycle industry's supply chain inspired Pieter Jan Rijpstra, a former Accell Western Europe manager, to launch BEIC. This OEM trading platform addresses excess inventory and missing components, improving stock visibility, cash flow, and sustainability while streamlining operations for businesses in the bicycle industry.
Alessandro (Alex) Colnago, nephew of Ernesto Colnago, known for starting the famous Italian race bike company in the 1950s, has recently partnered with WiaWis to launch Acol, a premium bicycle brand. Acol specializes in lightweight frames, aerodynamic bicycles and other components including gravel and track frames. The company targets cyclists seeking high-performance gear, utilizing the same advanced materials and engineering principles that WiaWis applies to its renowned archery products.
HUTTWIL, Switzerland - A big disappointment for the Swiss e-bike industry came forward yesterday when owner ZEG announced their future plans for the Flyer facility. In an ad hoc press release ZEG states their plan to largely close its long-standing site in Huttwil and possibly continue production outside of Switzerland.
GURUGRAM, India - E-bike and e-scooter manufacturer Hero Electric is entering a troubling phase as its dealers seek settlement of pending dues equivalent to around INR 5 billion (€270 million).
The increasing diversification of frames demands components that cater to different requirements. Full Speed Ahead (FSA), with over 50 years of industry experience, develops headsets tailored to customer needs while integrating innovative technologies to optimize performance and design.
TAMPERE, Finland - E-bike drive system brand Revonte was forced to file for bankruptcy one year ago. Since the launch of the product 5 years earlier, the company received a lot of positive feedback from industry peers. OEM's welcomed the Revonte ONE as the next generation drive system for e-bikes. Still Revonte didn't make it, even while the e-bike market was thriving. For the first time, co-founder and former CEO Otto Chrons shares his Revonte story and the lessons learned.
LAUSANNE, Switzerland - The final details on the motor-gearbox system developed by Saga Group will only be presented at the end of this year but their newest product was already on display at Eurobike. Their French production partner FAVI showed the Saga motor-gearbox as an illustration of their capabilities.
BERLIN, Germany - Full-service mobility provider Cycle has acquired the Dutch delivery e-bike manufacturer, Ebike4Delivery. "This strategic acquisition strengthens our position as a provider of e-bike fleets for the delivery industry in Europe," writes Cycle in a statement. The transaction includes the staff, all e-bikes, and existing leasing contracts.
LOS ANGELES, US - "The bicycle industry can expect a gradual recovery with significant upside in the medium to long term, with 2026 and 2027 marking pivotal years for increased mergers and acquisitions and investment opportunities." This is the conclusion of a new report led by global investment bank Houlihan Lokey. In contrast to the current market conditions, the study indicates that another boom period for the industry is also possible before the end of the decade.
Alfred Thun has unveiled its new brand identity at Eurobike 2024. During the show, we sat down with Co-CEO Alexander Thun to discuss the new branding and its associated goals.
With sustainability at the core of 2024, many companies are moving towards using bikes for business. The low-cost accessible transport option has many benefits, but a bike chain can only withstand a few thousand kilometres before it needs to be replaced, which leaves companies with significant maintenance costs.
FRANKFURT, Germany - After a catastrophic 2022, many insiders were not looking ahead to 2023 with optimism. A year later it can be concluded that the global stock market performed better than expected. What role did the bicycle industry play in this development?
OBERWANGEN, Switzerland - To reduce the carbon footprint of the Stromer ST5, the e-bike manufacturer developed a special fender material in cooperation with Lehvoss group. Instead of sourcing in Asia, the Stromer fenders will be produced by Isoco in Saalfeld, Germany.
OSAKA, Japan - Shimano reports a big difference in market performance between Europe and North America. In its January-October 2023 financial statement, the component manufacturer reports that despite high inventories in general, a strong interest in bicycles continued in its major market, Germany and the Benelux countries.
INNSBRUCK, Austria - US digital marketing and e-commerce strategy agency, CrankTank, is expanding its services to Europe and has opened an office in Innsbruck, Austria. This expansion will enable them to better serve both their US and European brand partners in e-commerce strategies. Susanne Pfrengle has been appointed as managing director of CrankTank Europe.
MARCLOPT, France - Mach1 has taken-over Red-Motion, the innovative French company behind the Baramind shock-absorbing handlebars. "This acquisition is in line with our strategy to diversify our product portfolio and strengthen our position as the supplier of choice for OEMs," writes Mach1 in a statement.
VILLENEUVE D'ASCQ, France - Decathlon, known for its development of mid-end e-bikes and bicycles, has added an e-bike with automatic transmission to its range. "This is not just a bike. It's a statement of innovation and design that is set to change what we know about cycling," the French retail giant states.
PARIS, France - Rebirth Group, formerly Easybike Group and founded by Grégory Tréboal, intends to reach new milestones in production volumes in 2024. Also, to support European production, the company has announced a partnership with Yahama for its brands Matra and Solex.
