SAINT GEORGES, Canada - Katy Bond has been appointed CEO of Rocky Mountain while Raymond Dutil, company owner will take up the position of Executive Chairman and Coach of Innovation.

OLDENZAAL, the Netherlands - Italian tyre manufacturer, Vittoria, inaugurated its new north Europe headquarters in the Netherlands last week. The new strategically-located facility also houses the revamped factory of niche-market hand-made cotton trye manufacturer A. Dugast which the Vittoria Group acquired last year.

OBERWANGEN, Switzerland - Shortly before Eurobike and the eagerly awaited launch of the ST7 model, speed-pedelec specialist myStromer AG has surprised the market with the announcement of a change in leadership and even a new management structure. After CEO Jakob Luksch successfully restructured the brand over the past four years, his departure nevertheless raises questions.

OSAKA, Japan - In its latest financial report, Shimano reports that market inventories of completed bicycles, especially the high-end bicycles remained at a low level, as strong demand continued. Meanwhile, inventory of entry-level bicycles has increased to a high level as their supply caught up with the demand.

AMSTERDAM, the Netherlands - In close cooperation with the Netherlands Standardization Institute (NEN), Pon.Bike subsidiary Urban Arrow has taken the lead to develop seven standards for cargobikes. Today, projectmanager of the European working group Joost Witsenburg, will present an update during the International Cargo Bike Festival.

OBERWANGEN, Switzerland - Under a slogan of 'Here to Change', Stromer is entering a new era. Change is certainly in full swing; under new private equity ownership, the Swiss speed pedelec brand has a new Co-CEO management to lead its mission to get people out of cars and onto alternative mobility. First the company has to navigate bumpy market conditions, supply chain issues and regulatory hold-ups.

ÁGUEDA, Portugal - The position of Vice President of CONEBI, the Confederation of the European Bicycle Industry, has been assumed by a well-known name in the industry: João Miranda.

BRUSSELS, Belgium - The European Commission has given an increased policy priority to cycling at local and national level, elevating it to a high level across the European Union. This became clear during the presentation of the 'Efficient and Green Mobility' package last Tuesday.

HEERENVEEN, the Netherlands - To facilitate a growing flexibilisation on the expanding e-bike and bicycle market, KMC Chain Europe, will relocate its warehouse and offices to a new facility this summer.

PARIS, France - Gouach, a manufacturer of eco-designed e-bike batteries that can be repaired in less than 10 minutes, has raised €3.3 million in a new financing round. The funding will be used to market the battery to fleet operators and manufacturers in the micro-mobility sector and to reinforce their team of 15 people.

SAN VENDEMIANO, Italy - After PM&Partners SGR entered as majority shareholder, CEO Massimo Fregonese took charge of Elastic Interface and the CyPad Group. Headquartered near Treviso in northeast Italy, the CyPad Group is a multinational company with offices and plants in Italy, Croatia and Mexico.

MONTREAL, Canada - Dorel Industries Inc. announces boosting sales results for its Sports division (including Cannondale, Schwinn, GT, Mongoose, Pacific Cycles and Caloi) in 2020. For the year, Dorel Sports' revenue increased by $135.7 million, or 14.9%, to $1,045 million and a gross profit of $230 million.

ANNECY, France - One year after the takeover of Mavic by Bourrelier Group, the French brand is in the midst of an acceleration phase. In the first half of 2021, Mavic Group, which operates all the activities of Mavic SAS, reports a sales increase of 20% compared to the first half of 2020.

PARIS, France - For the French market, many companies and offshoots are working in the battery recovery and recycling process. But to make things easier, the French e-bike industry has chosen the organization Corepile to manage all of this activity.

CHANGHUA, Taiwan - Lee Chi Enterprises Co Ltd that makes braking, cockpit, drivetrain and MTB parts under the Promax brand, is planning to build new plants in Indonesia and Vietnam.

REUTLIGEN, Germany - It's been ten years that the Bosch Group invested in developing systems for power assisted bicycles through Bosch eBike Systems. Ten years that showed lots of innovations on the hardware and software parts of its e-bike systems.

PADOVA, Italy - Extrusion fender manufacturer Eurofender celebrates its 10th anniversary this month. What once started as a small ambitious manufacturer of mudguards has grown into a full-fledged supplier based in Northern Italy for the European bicycle industry.

REDDITCH, UK - Bicycles and car parts retailer Halfords UK has reported a 24 percent fall in annual pre-tax profit and forecast a flat outcome for the next financial year. However, the company said that a mild winter had boosted cycling, with like-for-like cycling sales up 2.6 percent.

TAICHUNG, Taiwan - Taiwan's largest bicycle makers are reporting rising e-bike sales in the first quarter of this year. Giant Manufacturing Co. and Merida Industry Co. both saw increasing orders for high-end bicycles and electric bikes.

TAIPEI, Taiwan - Taiwan's largest bicycle makers are reporting high e-bike sales that boost their revenues. Giant Manufacturing Co. and Merida Industry Co. both see a stark sales momentum of electric bicycles.