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
DOETINCHEM, the Netherlands - Specialized is the next renowned brand to introduce omni-channel in Europe. For the roll-out of this distribution
Since December 2017 BionX Canada Inc. is searching for an investor. According to the company promising talks are taking place but there's no final result
REDDITCH, UK - Like in the US as well as in other EU countries also in the UK the rapid growth of online bike sales is "changing the marketplace,
NEW DEHLI, India - India's growing high-end bike segment is attracting new entrants in the domestic market. Delhi headquartered Woodland
HELSINKI, Finland - Changing consumer shopping habits and practices have led to a transformation in Amer Sports' Go-to-Market strategy.
HEERENVEEN, The Netherlands - Undoubtedly it will be an intensely debated topic at Accell Group's annual general shareholders meeting that takes place
Accell Group announces that it is stopping the exploratory discussions with Pon about Pon's 11 April bid for a takeover. Accell statement comes after Pon
