HINCKLEY, UK - 2020 looks set to be a year of expansion for Clarks Cycle Systems. The company is investing half a million British pounds (550,000 euro) in a new distribution centre that makes it possible to turn around orders in deliveries within 24 hours.
HEERENVEEN, Netherlands - Last Friday Accell Group NV announced that it has reached agreement on the sale of its Canadian brand registrations of Raleigh, Diamondback, Redline and IZIP to Canadian Tire Corporation; the country's biggest bike retailer.
As we prepare for the tradeshow season and then the pending 2020 selling season most of us in have now accepted for better or worse the premise that brands will have an OMNI Channel or multi-headed multifaceted approach to selling in the cycling and outdoor markets.
TAMPA, USA - Bill Shook and Ellen Kast, owners of the American Classic business, announced yesterday that they are marketing the assets of the business for sale, seeking a strategic or operational acquirer that can leverage the brand and its technologies to its fullest potential.
REICHSHOF, Germany - Bicycle tyre supplier Ralf Bohle GmbH, owner of Schwalbe, increased its revenue by nearly 8 percent last year. "The warm and sunny weather made it an outstanding year for the entire bicycle industry", said Ralf Bohle GmbH's MD Frank Bohle.
MEQUON, USA - Hayes Performance Systems' product development team designed a set of kids components. "Our inspiration was fueled when we saw so many kids struggling with the lack of performance-level components," the US based component manufacturer states in a press release.
BERLIN, Germany - Signa Sports United expands its reach to Asia. One of Europe's leading online sports, outdoor and bicycle platforms enters into a strategic partnership with Aeon Co. from Japan and Central Group from Thailand. According to Signa, both are "Asia's largest retailers".
PHILADELPHIA, USA - Last week Advanced Sports Enterprises (ASE) CEO Pat J. Cunnane informed his customers in a letter that "The company has taken action to restructure and better position itself for future success by filing voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code".
CHICAGO, USA - The troubled U.S. retail giant Sears Holdings Corp. had to file for bankruptcy on October 15. On that day, the in 1886 founded company which is also selling bicycles and cycling products at entry-level price points, filed for chapter 11 bankruptcy. Previously, Sears' shares dropped double digitally.
LONDON, UK - High street cycle retailer Evans was seeking GBP10 million (11.2m euros) in funds for a financial restructuring as Bike Europe recently reported. UK media reports now suggest that the firm, which has a strong network of 60 stores, has moved on to seek a buyer for the company.
NUREMBERG, Germany - As Chinese e-commerce giants are well positioned in the area of m-commerce (online sales through mobile devices) market researcher GfK reports that they will turn to Europe for their next battleground. In particular as online sales continues to grow rapidly in the EU, but is still lagging behind
HOLSTEBRO, Denmark - If the claims are substantiated by life tests then it could prove to be really revolutionary. It's about what CeramicSpeed has named 'Driven'; a drive shaft concept that has to set a new benchmark as the world's most efficient drivetrain.
SCHWEINFURT, Germany - The new company name already appeared here and there, but since Eurobike it is official. Accell Bike Parts GmbH is that new company which founding signals the global launch of XLC which is Accell Group's Parts & Accessories brand.
TAIPEI, Taiwan - The Roxim R3E integrates three rear lighting options in a compact design. It can be used for regular, stationary and brake lighting. The R3E is compliant with ECE R50 and specially designed for speed-pedelec bikes.
DOETINCHEM, the Netherlands - Online sales in combination with drop shipments at retailers is often referred to as a viable option for
BEIJING, China - It marks the first merger deal in China's hyper-competitive bike sharing industry. Will this affect the dominance of Mobike and ofo
HANNOVER, Germany - In close cooperation with Fallbrook Technologies, Continental developed an e-bike mid-motor with an integrated NuVinci stepless
In the late 1970s the German company Bosch introduced the first fully functional ABS for cars. Now, the ABS technology that improved safety for cars and
WATERLOO, USA - The RE:aktiv's Thru Shaft is a Trek's alternative to traditional dampers that rely on an internal floating piston (IFP).
TREVISO, Italy - In close cooperation with HiRide, Pinarello introduces the electronic version of its Dogma Suspension System, the first smart suspension
