HEERENVEEN, the Netherlands - Yesterday evening Accell Group announced a package of measures taken to ensure business continuity. These actions were taken, "in the light of the unforeseen and unprecedented impact of the coronavirus on economic activity and the markets we are operating in, and the uncertainty regarding the length and depth of the pandemic outbreak," notes Accell Group in a statement.
OSAKA, Japan - Shimano Inc expects to generate extraordinary income this year with the return of land belonging to one of its Chinese (Kunshan and Tianjin) plants.
MANDEURE, France - Last Friday the French PSA Group (Peugeot - Citroen's automotive business) announced that Mahindra Two Wheelers Europe will acquire the remaining 49 percent of Peugeot Motocycle (PMTC). Five years ago, this company took over a majority shareholding in the French scooter maker for 15 million euro.
TAICHUNG, Taiwan - To expand their European activities, screen print product supplier TransArt took over Doublepress in the Netherlands. "Since we were listed in 2017, we have been looking for production in Europe."
Building a successful 'direct-to-consumer' (DTC) strategy is just like building your brand or company, it requires investment in capital, time, and staff to train yourself and your team on the new skills as they continue to emerge.
OSAKA, Japan - In its report on the financial results made in the first half year of 2019 Shimano names specifically its STEPS e-bike drive system as one of the growth drivers, next to disc brake components for high-end road bikes.
ANNECY, France - Amer Sports has completed its divestment of Mavic SAS. The Finnish sporting goods manufacturer has finalized the sale of its French bike subsidiary to private equity firm Regent LP.
TAINAN, Taiwan - Rising e-bike and high-end bicycle sales in the first quarter of this year as reported by Taiwan's largest bicycle makers Giant and Merida works out positively for the country's parts and component suppliers.
DELFT, the Netherlands - It's a kind of power steering for e-bikes but much smarter than the ones for cars. At least this is what the Technical University in Delft, the Netherlands and Gazelle claim. T
BONN, Germany - Germany's national competition authority (Bundeskartellamt) announces that it has imposed an over ten million euro fine on the Cologne-based dealer cooperative Zweirad-Einkaufs-Genossenschaft eG (ZEG).
PIETARSAARI, Finland - Sponsor Capital has acquired the majority of the shares of Herrmans; the Finnish producer of bicycle components and heavy-duty light solutions. The new owner of the company is to support future growth and to further strengthen Herrmans' market position and competitive advantages.
The brand name Bike More was not new to Cycertec for its cycling apparel portfolio. The Taiwanese company has expanded its range outside its regular offering. For Trekking Bike More developed a under saddle bag made of 100 percent waterproof TPU.
AMSTERDAM, the Netherlands - Enviolo has redesigned its cargo stepless shifting system to cater for the increasing cargobike market. For MY2020, the heavy-duty groupset will be only available in a single piece axle version at a 10x135 dropout variant, simplifying the mounting process for bicycle manufacturers.
Where does the use of Graphene stands now? Is the use of this revolutionary material in the cycling market still limited to the hi-end tyres made by Vittoria? What's to come in the very near future?
Accell Group increased its minority stake in Velosophy B.V. from 35 to 100 percent. Velosophy, owner of among them Babboe, is a fast-growing innovative player in e-cargo bike solutions for consumers and the business market.
This month Asia Bike is starting the production of electric bicycles. Sri Lanka's largest bicycle producer and exporter has built a new facility for its e-bike assembly operation which involves a multi-million investment
TAIPEI, Taiwan - Roxim Technologies, Inc. has successfully integrated both high and low beams into a small sized front light, the 'Z4E Pro'. This new front light complies with ECE R113 class B regulation.
HEERENVEEN, the Netherlands - For implementing its omni-channel strategy Accell Group has founded a new Amsterdam-based 'start-up' named Accell Digital.
VP Components will begin producing bicycle grips made from molded Liquid Silicone Rubber in a new production facility focused on applying this high-tech
After expanding its business into the bicycle industry French wintersport giant Rossignol Groupe is now expanding its range of Rossignol-branded high-end
