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 ...
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 ...
PARIS, France (6 June 2000)--France's second largest sporting goods retail chain Go Sport increase its sales by 17.6% in the first quarter of this year ...
UTRECHT, Netherlands (8 March 2000)--A recently study by the Utrecht regional committee (BRU) in the Netherlands indicated that a bicycle highway ...
SAN JOSE, CA/USA (24 January 2000) -- On 19 January Bell Sports Corp. announced that the net results for its fiscal 2000 second quarter were up 20% to ...
VEENENDAAL, Netherlands (20 January 2000)--The Dutch manufacturer of bike locks AXA has taken over the Danish Basta Group A/S. AXA paid approximately ...
DULUTH, USA - Fox Factory business division Specialty Sports Group (SSG), which includes bikes, was able to report a double-digit sales increase in the first half of 2024. Though this was mainly rooted in the acquisition of Marucci Sports, as bike sales dropped by $22.9 million (€21 million).
LAS VEGAS, USA - The Consumer Electronic Show (CES) returned to normal this year following the pandemic. Held from 5-8 January, the event attracted more than 115,000 visitors and 3,000 exhibitors. For the 2023 edition, organiser Consumer Technology Association, still focused on electric mobility with a growing number of car manufacturers, but also a multitude of e-bikes brands. A hot topic this year was vehicle-to-everything (V2X) technology, which continues to catch the attention of more companies.
POZZOLEONO, Italy - To align the company's global OEM strategy, Selle Royal Group has decided to invest significantly in the North American market. To ensure successful expansion and better meet the needs of region, which is key to the group, it has appointed two dedicated OE sales managers already part of the Selle Royal Group team as territory managers for Highway 2: Chris Ballard and Patrick Gore.
Growth in the bicycle market is more than just units - the demand for higher performance bicycles is greater than ever. From hi-torque mid-drive e-bikes, to last-mile delivery cargo bikes, to thousand-mile all-weather trekking bikes, manufacturers are increasingly challenged to incorporate high performance drivetrains that meet these demands. Discover how recent extreme field-testing of Gates Carbon Drive drivetrain is proving it's up to the challenge.
ANNECY, France - Founded by Benjamin Sarrazin, the Franco-American brand Yuba continues to expand in Europe and the United States. By the end of 2021, the company will have distributed around 8,000 to 10,000 units. "Despite supply chain difficulties, we expect to expand to 15,000 bikes in 2022,", says the Yuba founder.
SAINT-JEAN-DE-MOIRANS, France - Rossignol Group and Cardinal Cycling Group have finalised an agreement regarding the sale of Time Sport. Cardinal Cycling Group will acquire the brand's carbon-frame factory, its trademark license and intellectual property for bikes and frames.
MONTEREY, USA - The Coronavirus has hit the next international bicycle show. Sea Otter Classic will not take place from April 16 - 19. This was announced by the show organization yesterday evening. At this moment a new schedule for Sea Otter Classic has not been set.
BRUSSELS, Belgium - An agreement on the Critical Raw Materials Directive was reached by the EU Council recently. The Directive includes important changes to the recycling of permanent magnets and a new element has been added to the list of raw materials considered strategic.
BRUSSELS, Belgium - Developing a competitive and sustainable batteries industry in Europe is urgent: it will contribute to energy security and the strategic resilience of the EU economy. Therefore the battery industry organisation Recharge is calling on the EU to pick up the pace and conclude the proposed Regulation.
LONDON, England - While talks to ensure a Brexit deal are still on-going, e-bike manufacturers and exporters need to prepare legal provisions for trading in the UK market. Although a lot still remains uncertain, somethings are now clearer,
In the competitive landscape of modern manufacturing, the quest for productivity and efficiency gains relevance. As factories strive to meet increasing demands while maintaining profitability, the role of efficient machines has never been more crucial.
LONDON, England - An increase in e-bike battery fires in the UK has prompted a call for new legislation to mandate the safety of e-bike batteries including third party approval. In response, two cycling industry trade bodies in the UK have joined forces to issue guidance sheets for the industry and called for stricter enforcement of product safety for products supplied to the UK.
The e-bike manufacturer EBFEC has experienced a remarkable trajectory of growth since its establishment in 2008, swiftly securing a firm foothold in the market. With the inauguration of its European headquarters in the Polish city of Wroclaw in 2020, the company has furthered its commitment to advancing e-mobility across Europe. Now, EBFEC is setting its sights on an ambitious goal: to build its own bicycle industry supply chain right in the heart of Poland.
LONDON, UK - The Trade Remedies Authority (TRA) has initiated a transition review this week into anti-dumping and countervailing measures on e-bikes imported in the United Kingdom from China. The TRA will determine whether dumping would be likely to continue or recur if the measures were no longer applied.
The bike and e-bike sales records during the pandemic were not just a hype. Recent market reports shows that the demand for bikes and especially e-bikes and cargo bikes, continues to rise. The current economic situation with the energy prices and rising mobility costs indicates a continuous high demand for different types of bicycles for coming years. This means that manufacturers need to secure their assembly capacity and plan for the future.