Dorel's Results Down Due to Challenging North American Retail Market
MONTREAL, Canada - Results at Dorel Sports declined again in the third quarter as the company reports an on-going weakness in the global

MONTREAL, Canada - Results at Dorel Sports declined again in the third quarter as the company reports an on-going weakness in the global

THE HAGUE, the Netherlands - Should speed-pedelecs ride on cycle paths like any other cyclist or on regular city roads alongside cars?

BRUSSELS, Belgium - Investments are continuing from other sectors looking for a foothold in the booming bike business. Most recently, Italian mobility giant, the Agnelli family has invested in a Belgian e-bike start-up and associates from Mini Cooper and Adidas have partnered in a London-based bicycle subscription program.

TAMPERE, Finland - After last year's successful Eurobike, e-bike drive system maker Revonte has clearly outgrown its start-up phase. In particular as the first e-bike makers are calling upon the company as buyers of the Revonte drive with integrated stepless and automatic transmission.

DOLNI DOBROUC, Czech Republic - Tianjin Golden Wheel Bicycle Group Co. Ltd recently announced plans for the investment of some 10 million euro in a new Czech Republic based facility that is to have a capacity for assembling 180,000 e-bikes annually.

MONTREAL, Canada - Dorel Sports including Cycling Sports Group (CSG; Cannondale, GT, Mongoose among other brands as well as Pacific Cycle and Caloi) is ringing alarm bells on the current situation at the North American bike market.

S'HEERENBERG, the Netherlands - Introducing omni-channel distribution without harming your existing retailer network is complicated for multiple reasons. In March 2018 Specialized announced the introduction of omni-channel in Europe starting in the United Kingdom.

GERLINGEN, Germany - There's no mentioning whatsoever on the results of its eBike Systems subsidiary in the last week published extensive 2018 financial report of the Bosch Group. Nothing on revenues, production numbers or sales growth.

OSAKA, Japan - The trump cards that led to Shimano's success within the 2018 e-bike market, delivered a likewise performance in the first quarter of this year. This becomes evident from the company's financial reporting covering the first three months of 2019.

At Eurobike Chinese e-bike battery maker Phylion revealed plans for starting production of battery packs in Europe. These plans are at an advanced stage with the final and official decision to be made next August.

NIJVERDAL, the Netherlands - Dutch design from Amsterdam with Japanese technology from Osaka. That was the idea when introducing the international bicycle child seat and component's brand Urban Iki in 2015. This design is now awarded with the German Design Award 2019.

OSAKA, Japan - To gain traction for its e-bike business, Panasonic partnered with Chinese Mobike to explore the possibilities of an electric-bike-sharing service in Japan.

Merida's e-bike shipments reached 93,300 units in the first seven months on this year up 63 percent or 57,000 units on the 2017 total for the same period. Financial analysists report that the company could see e-bike revenue contributions to rise to 30 percent of its total sales.

BARCELONA, Spain - Intense Europe has formed an exclusive partnership with Parts Europe to distribute its latest e-MTB model, the Tazer MX PRO, throughout Europe. The e-MTB will be sold exclusively in Europe through Parts Europe's network of selected dealers.

HEERENVEEN, The Netherlands - Epco Vlugt will be the new Regional Director of Accell Benelux and Denmark as of February 1, 2021. He succeeds Sten van der Ham, who has decided to leave the organisation. Epco Vlugt will remain closely involved in the further development of Velosophy.

REICHSHOF, Germany - With the e-bike boom continuing and a positive social climate for cycling, Schwalbe supplier Ralf Bohle GmbH recorded record-breaking 2019 sales of 206 million euro. The company's net sales increased by about 10 percent and with that it broke the 200 million mark for the first time in its history.

AMSTERDAM, the Netherlands - The topic of sustainability and circular economy is only slowly being picked up by the bicycle industry. The first steps towards circular economy are not easy to make. Erik Bronsvoort and Matthijs Gerrits who met at Delft University of Technology in the Netherlands picked up the challenge to learn about how a circular economy could really work in the bicycle industry.

ST-JEAN-DE-MOIRANS, France - Pierer Mobility Group is the new owner of the brand Felt. The acquisition is part of Pierer's strategy "to assume a leading global role in the bicycle sector" as the Austrian company announced. For Rossignol interim ownership of the American brand was just a way to gain bicycle competence.

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.

LELYSTAD, the Netherlands - Giant Ibérica and Giant France have joined forces and are with that becoming the biggest distributor within Giant Europe.