OSAKA, Japan - The financial consequences of high inventory in the market accelerated in the fourth quarter of last year for bicycle and parts manufacturers. Shimano even reports a year-on-year decline of 24.6% in revenue and a 52.3% drop in net profit. The figures Shimano projected for 2024 don't show a positive picture either.
BRUSSELS, Belgium - "July was notably our best sales month ever and first profitable month," Cowboy co-founder and CEO Adrien Roose has announced. The Belgian D2C e-bike brand notes 'unit economics and discipline with costs' as key reasons for the milestone.
As the popularity of e-bikes continues to surge, the importance of sustainable and efficient battery solutions becomes more obvious. When an e-bike battery breaks or starts to underperform, the standard approach has been dangerous repairs or complete replacement. However, with the introduction of the Cleantron Circular e-bike battery, a shift started. This battery is being developed in collaboration with VROEGH Design, a specialist in the design of micro-mobility.
In the innovative world of tech and design, a concept is merely the starting point. Transforming that raw, untested idea into a successful, market-ready product demands a crucial element — validation. This is where Prelaunch.com steps in. The company provides a platform where concepts undergo rigorous market validation and testing before they hit the market.
FRANKFURT, Germany - Japanese manufacturer Crops has been producing lights and locks for 22 years. The latest lock, Benlock is a sturdy and portable foldable U-lock. Making its debut at Eurobike, the portable gimmick lock was awarded the iF Design Award 2023.
REICHSHOF, Germany - Schwalbe has claimed a new 'first' with the launch of a bicycle tyre made from used tyres. With 34% lower carbon emissions than its predecessor, the 'Green Marathon' sets a new environmentally friendly benchmark for the company. In addition to the product launch at Eurobike, the company will also present the results of its rebranding strategy.
With the V10, BMZ group launches an innovative battery that combines pioneering capacity with innovative design. The V10 battery is created for every type of e-biker: from adventurous e-mountain bikers to e-trekking bikers. It can even be used for e-cargo transports. Take a closer look at the advantages of the most powerful e-bike battery on the market.
HOOFDDORP, the Netherlands - The ongoing supply chain challenges have impacted Accell Group's financial position to such an extent that the international credit rating agency Fitch has revised its outlook for the bicycle manufacturer from positive to negative.
OSAKA, Japan - Once again, Shimano reported a major increase in net sales last year, despite the slowdown in bicycle sales compared to 2021. However, Shimano also raises its concern over the global market and forecasts a 20% decline in net sales for 2023 for the whole company.
MONDOVI, Italy - The family-owned company Raicam is engaged in the production of products for driveline and parts for braking systems for the automotive industry. The growing awareness of safety in cycling made them decide to step into the market for ABS bicycle brake systems.
TAICHUNG, Taiwan - Giant Group's net sales reached NT$70.8 billion (€2.2 billion) in the first three fiscal quarters of 2022, a 14.5% increase over the same period last year. Despite the impact of global inflation, the war between Russia and Ukraine as well as supply shortages of high-end components, Giant continues to deliver growth.
VILLORBA, Italy - Road bike brand Cicli Pinarello s.r.l. reported double digits increase in both turn-over and gross operating margin during its fiscal year 2021/2022 which closed 30 June. While others in the bicycle industry are struggling with the uncertainties in today economic situation, Pinarello announced it will accelerate its investment plan launched at the end of 2021.
Mando's new series hybrid drive system, the Mando Pedalrite, gives electric vehicles and e-cargo bikes a technological edge. An example is the collaboration with the Spanish company Scoobic. Consumers order more products online and expect faster deliveries - there has never been a time of greater change for the 'last mile' than now. The demand for e-commerce delivery will result in more delivery vehicles in inner cities, leading to a rise in both emissions and traffic congestion without effective intervention. This is one of several reasons why Mando Corporation made its grand entry into the bicycle industry 10 years ago.
FRANKFURT, Germany - enviolo, known for its unique stepless shifting products, introduced two new additions to its product portfolio during Eurobike this year the 'Extreme' hub and gearbox. With the Extreme products enviolo aims to strengthen its position in the B2B e-cargo bike segment and meet the demands of bicycle manufacturers who want to equip cargo bikes with enviolo's stepless shifting technology.
COLOGNE, Germany - In a public statement, Europe's largest dealer cooperative ZEG, made a strong statement in favour of brick-and-mortar distribution. According to ZEG, "the current trend to focus on more online distribution by well-known brands poses a considerable threat and hazard to specialist dealers."
TAICHUNG, Taiwan - The Neco all in one handlebar, not only provides the convenience of quick installation, but also saves material like cables and wires to connect accessories, achieving the effect of both practicality and appearance.
EINDHOVEN, The Netherlands - Shimano has introduced a new e-bike specific Shimano Cues Di2 drivetrain and unique integrations compatible with the all-new EP6 and updated EP801 e-bike platforms. A remarkable feature is the "all-new Shimano ABS" powered by Italian specialist Blubrake.
KOBLENZ, Germany - Nike-man Nicolas de Ros Wallace took over the role as Canyon-CEO last March. He discussed his long term plans and goals for the successful e-commerce brand Canyon with Bike Europe. "The supply chain situation will continue to improve in the upcoming months."
HEERENVEEN, the Netherlands - The initial offer of the KKR-led consortium for the Accell Group's share was not welcomed by all parties involved. Especially the smaller shareholders were not content and felt being put under pressure to register their shares anyway. Now KKR will start legal buy-out proceedings in order to obtain 100% of the shares.
In the early 1980s, Michael Müllmann couldn't have known that indulging in his passion for BMX - by selling BMX bikes, organising races and supporting young riders - would lead to founding a firm and expanding it throughout Europe. His initial engagement, which still continues today with the Berlin BMX scene through his shop, was because he wanted to see "kids doing the right thing".
