The Euro price point dilemma
MUNICH, Germany - The international European sporting goods show Winter ISPO is giving not only an idea about the newest product trends and innovations ...
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Metro Restructures
BAAR, Switzerland (16 January) - Metro AG the Düsseldorf-based retailer and the world's third largest retail group, will become more independent due to ...
Giant Tops 4 Million
TAIPEI, Taiwan (29 January) - The Giant Manufacturing Co. announced in mid-January that in 2000 that for the first time ever the company has produced ...
MBB Gelma Continues Kynast with 400 Employees
QUAKENBRUCK, Germany (18 August 2000) -- Last Wednesday German bike maker Kynast officially announced that it has been taken over by MBB Gelma. Based in ...
Mavic Sales Exceed Expectations
ST TRIVIER SUR MOIGNANS, France (16 August 2000) -- In the first half of 2000 the Adidas-Salomon Group saw sales increase 7% to EUR2.8 billion and ...
MBB Gelma to Take Over Kynast AG
QUAKENBRUCK, Germany (9 August 2000) -- Kynast AG has found a new investor. MBB Gelma is the name of the German holding company that has acquired what ...
Halfords UK Sales up 7.7%
LONDON, UK (28 June 2000)--Last year car accessory and bicycle retailer Halfords UK recorded total sales of GBP457 million (US$685mn). Of this number, ...
E-Economy Doubles in 1999
SAN FRANCISCO, CA/USA (7 June 2000)--Last year internet sales jumped 62% to US$524 billion, according to a University of Texas-Austin study, which ...
Eurobike AG Reports Half-Year Sales Record
DÜSSELDORF, Germany (11 May 2000)--For the first time in its history the German motorbike accessory expert Eurobike AG (Hein Gericke, Polo, Go To ...
Karstadt Sport Opens Store in Hannover
HANNOVER, Germany (31 March 2000)--On 29 March German sporting good giant Karstadt relocated its Karstadt Sport outlet in Hannover to a new and larger ...
No Deal on New EU Dumping Rules
BRUSSELS, Belgium - Yesterday, negotiations between the European Parliament and the Commission on the EU's new anti-dumping
Leading e-bike brands discontinue North American business
OBERWANGEN, Switzerland - Yamaha was the first e-bike brand this month which announced it was pulling out of the US market due to oversupply and slow demand. It turns out that the Japanese are not the only one. myStromer AG also announced it will discontinue its business in the US and Canada with immediate effect.
CES - Las Vegas becomes an e-bike industry platform
LAS VEGAS, USA - Year after year, the Consumer Electronic Show (CES) attracts more and more bike manufacturers, especially e-bikes. Most importantly, the show is always an interesting place to discover innovations and news trends. What had this year's edition which took place from 9 to 12 January to offer?
Walmart explores bicycle sourcing in India
BENTONVILLE, USA - The largest volume seller in the US is investigating opportunities to find new suppliers for some of its product categories including bicycles, in India. Walmart has committed to triple its exports of goods from India to US$ 10 billion each year by 2027.
Sea Otter Classic gains new impetus from e-bike growth in US market
MONTEREY, US - Sea Otter Classic is now the most attended outdoor festival, consumer show, racing venue and all around cycling celebration event in the US. This year, with the extensive market growth and expansion of e-bike offerings, there were more new companies at Sea Otter than ever before. The growing presence of international brands entering the US market did also not go unnoticed.
Sunrise builds frame factory in Vietnam to comply with ESG requirements
TAICHUNG, Taiwan - An increasing number of companies follow the China +1 approach for their sourcing strategy. To meet this demand from their customers, one of Taiwan's leading frame manufacturers is currently developing a new production facility in Vietnam with a capacity of 600,000 units. Above all, Sunrise aims to reduce their carbon footprint and raise their level of sustainable production.
Local production to increase after European Parliament adopts Cycling Declaration
BRUSSELS, Belgium - The European Parliament's Transport Committee and EU ambassadors adopted the European Declaration on Cycling during a meeting on 14 February. The declaration is a list of commitments originally proposed by the European Commission in October 2023, including the increase of European production of a wide range of bicycles, including e-bikes and bicycles for people with disabilities.
The big opportunity for European manufacturers
The current situation caused by COVID-19 has created a great opportunity for manufacturers of mechanically welded structures within the European Union.
SRAM invests in Time pedal production in Portugal
COIMBRA, Portugal - The Portuguese industry added another well-known name to its list of bicycle component manufacturers. On 30 July, the new production facility for Time-branded pedals was opened in Coimbra, Portugal.
<b>Russia 2006:</b> Bike Production Up, Imports Down
MOSCOW, Russia - Apart for the troublesome show war in Russia with two shows taking place in the same month in Moscow, there's a strong bike market in ...