Karstadt Department Store Sales up 2.1%
ESSEN, Germany (6 June 2000)--German department store and sporting goods megastore giant Karstadt saw sales in the first four months of this year rise ...
ESSEN, Germany (6 June 2000)--German department store and sporting goods megastore giant Karstadt saw sales in the first four months of this year rise ...
MUNICH, Germany (15 May 2000)--For the first time in its history, BMW sold more than 200,000 cars globally in the first quarter. In fact, the 309,203 ...
STUTTGART, Germany (18 April 2000)--Shimano's German distributor Paul Lange & Co has made several changes in its staff. Longtime sales manager Bodo ...
OSLO, Norway (2 March 2000)--On 25 February the board of directors of Norway's largest (and only) bicycle manufacturer and Cycleurope brand Øglaend DBS ...
DÜSSELDORF, Germany (24 February 2000)--German motorbike apparel and accessory supplier Eurobike AG has announced that all its subsidiaries in Europe ...
AMSTERDAM, The Netherlands - The Dutch Light Electric Vehicles (LEV) framework has been postponed once more, according to the RAI Association, the professional organization for (e-)bike manufacturers in the Netherlands. Initially set to take effect on January 1, 2025, the framework is now delayed until July 2025. Implementation of the new framework will have implications for amongst others, e-cargobike users in the country.
BERLIN, Germany - In 2024, the German Federal Forest Act is to be comprehensively reformed after around 50 years. According to industry stakeholders, it could "significantly restrict freedom of movement in the forest". In that case the (e-)MTB market might face a serious decline as mountain biking could lose its appeal.
STOCKHOLM, Sweden - E-scooter rental company, Voi, is preparing itself for launch in the UK market this summer when e-scooters become legal. Current legislation in the UK allows people to buy an e-scooter but you can't ride it on a public road, cycle lane or pavement. Voi has now hired the tech company executive who was responsible for leading efforts with the UK government to legalise e-scooters to lead its growth in the UK, Ireland and Benelux countries.
PARK City, Utah - Kona Bicycles was a noticeable last-minute absence at this week's Sea Otter event in California. The brand pulled down their booth on Wednesday and left the site raising concerns about the financial stability of the company. On Thursday, brand owner Kent Outdoors announced the appointment of a new CFO.
WASHINGTON, US - Imports continue to dominate the US bike market, with China being the largest source of imported bikes. Although the import market share rose slightly last year, the actual number of imported units dropped 33% last year as American consumers cut back on spending. Although not yet meeting their potential, e-bikes are increasing their presence on the market.
Fifteen years after introducing its bicycle belts in Europe, Gates is preparing for the next 15 years of growth by increasing belt production in Europe and opening a new factory in Turkey to support the European market. Hands-on engineering support, new technical resources, and sustainability are the focus of the company, explains Joe Menzel, Vice President and General Manager, Gates Global Mobility.
MIAMI, USA - Known primarily for its shared e-scooter service across cities globally, Bird has announced that it is restructuring to "strengthen its financial position". Although it will continue to operate as usual, the company has filed for Chapter 11 Bankruptcy protection in Florida. Bird Europe and Bird Canada are not part of the filing and also continue to operate as normal.
SEATTLE, USA - Seawall Capital, the private equity owner of Kent Watersports, announced the take-over of Kona Bicycles together with the company's rebrand to Kent Outdoors. This transformation and acquisition signal Kent's expanded focus on the full line of outdoor recreation activities.
BOULDER, United States - Tim Blumenthal, president of US organisation, PeopleForBikes is retiring after 16 years at the helm. Having spent the last four decades working in the bike industry he will hand over the reins to Jenn Dice, the organisation's current COO as of July 1, 2020.
Amidst global shifts, disruptions in supply chains, and a renewed focus on environmental responsibility, many bicycle industry leaders are re-evaluating their reliance on overseas production sites. In the midst of these shifts, Poland is positioning itself as an increasingly attractive hub for investment and manufacturing. Numerous success stories reveal that, from family-established ventures to innovative startups, Polish companies are making significant strides, establishing a strong presence both at home and throughout Europe.
BAD URACH, Germany - Reshoring is the topic of the day in Europe's bicycle industry, all the more so with supply chains in the Far East being disrupted since the Corona pandemic. Magura is one of the companies who didn't outsource their complete production to the Far-East. They are now reaping the benefits of their loyalty to its workplace in southern Germany.
E-mobility manufacturer Jivr has entered into a strategic partnership with Pendlr, formerly known as Kruitbosch, a prominent name in the European bicycle industry. This alliance facilitates Jivr's debut in the Benelux and French markets and presents an opportunity for further innovation in the micromobility sector.
In 2022, the global e-bike market is poised to hit approximately 36.5 million units expects Yadea. It is projected to grow at a compound annual growth rate of nearly 10% between 2022 and 2030, reaching close to 77.3 million e-bikes by 2030. With this potential in mind, Yadea ventured into the e-bike market 5 years ago, thanks to its 2 national CNAS laboratory, and the global over 1000 R&D staff.
In today's fast-paced world, where a healthy lifestyle and physical activity are integral to daily life, we seek more opportunities to spend our free time actively and joyfully. That's precisely where Leader Fox comes in: they try to help people live life to the fullest, by offering a wide range of bicycles, including e-bikes. In this article, we'll be looking at Leader Fox's new 2023 collection.
As the e-bike market continues to grow, choosing the right components becomes more crucial for brands aiming to deliver the best ride experience. One name emerging as a strong contender in the realm of innovative e-bike components is AUTORQ. Based in Portugal and Singapore, the component developer is making significant strides in the industry, focusing exclusively on torque sensing technology.