The world's largest consumer-focused private equity firm L Catterton invested in Pinarello Fausto Pinarello, CEO of Cicli Pinarello Spa, remains as CEO.

Despite a troubling start in the early part of 2016, poor weather and earlier discounting Halfords Group Plc saw its cycling revenues grow by 4.6%.

Merida announced it will be the equipment sponsor of the newly formed 'Bahrein Merida Pro Cycling Team', which includes Vincenzo Nibali, as of 1 January 17.

HOLLY RIDGE, USA - The majority of the electric bicycles sold in the USA last year were imported from China or Taiwan. There are some local assembly operations, with the largest one being Prodecotech in Florida. The others are very relatively low volume.

SASSENAGE, France - French multi-sports retailer Go Sport Groupe is launching a new chain of specialised cycling stores. The new retail chain is branded BIKE+. It has been set-up in view of, "The developing cycle market marked by a rising range especially with the appearance of electric bicycles."

ENSE, Germany - It is one of the icon brands of the German bicycle industry and was founded in 1949. Last Tuesday CEO Karin Kettler, daughter of company founder Heinz Kettler, filed insolvency at the court in Arnsberg.

TAIPEI, Taiwan - The latest data from the Taiwan Bicycle Association (TBA) shows that the country's bike export to the EU markets is growing again after some years of stagnation. And this growth is by now small numbers.

LONDON, UK - To meet growing demand for their bikes internationally, the British folding bike company Brompton Bicycle announced new investments in its manufacturing and storage facilities. The new factory will be located in the Greenford in the western part of London.

DARLINGTON, UK - Zyro announces that they have been appointed as a distributor for Clarks Cycle Systems in the UK and Ireland. Zyro claims to be the ...

VEENENDAAL, the Netherlands - The administrators of bankrupted Halfords NL have cancelled the scheduled online auctions as reported by Bike Europe last ...

LUDHIANA, India - After its recent take-over of Avocet in the UK, India's Hero Cycles continues its buying spree. The latest to be bought is the home-grown premium bicycle brand Firefox. Hero acquired Firefox Bikes as part of its strategy to further cement its position in the fast-growing premium cycling segment in India.

TOKYO, Japan - In its third quarter results Shimano reports buoyant sales in Europe despite a temporary decrease in sales owing to unsettled weather in ...

TAICHUNG, Taiwan - The fact that Taiwan exported less complete bikes in 2014 as well as in 2013, is not affecting the Taipei International Cycle Show. ...

LEIPZIG, Germany - Last Thursday and Friday some 180 makers of footwear, sports apparel, bikes and bicycle components gathered at the Porsche conference ...

LONDON, UK - Currently the London police and officers from the UK Trading Standards Institute are checking UK dealers if they are selling speed tuning ...

Owner Pon Bike Group is increasing the availability and shortens leadtimes in Europe of its US Santa Cruz ultra high-end mountain bikes.

TAIPEI, Taiwan - In the 13th year of the 'Taiwan brand survey' Giant has entered the top five in the ranking of most valuable international brands from Taiwan. This puts the bicycle manufacturer amidst brands like Asus, Acer and HTC.

LOTE, Portugal - Avantisbike Lda, which is already manufacturing and painting bikes in Portugal for 15 years, is expanding its facility in Bike Valley Portugal. For this expansion MD and owner Sergio Ramos entered into a trading agreement with new customers and Cronus that previously operated as an OEM maker in Cambodia.

BUSNAGO, Italy - Steven Merlini who announced last December that it was time for a change after 21 years at Selle Italia, found a new challenge at the sales and marketing team of Prologo.

SAINT LO, France - Supported by the local community as well as regional authorities, Easybike built a brand new factory completely dedicated to the production of e-bikes. The new plant was opened last Tuesday.