LONDON, UK - Major UK high street cycle retailer Evans Cycles issued an update in late 2019 for the latest closed stores. They are Chalk Farm and Chiswick in London and Macclesfield and Leeds in northern England. Despite these closures the rate is far less severe than feared.
TÄBY, Sweden - In the first half of 2019 safety products supplier MIPS reported hiking results. However, the harsh US import tariffs on Made in China products slowed down sales in the third quarter. The Swedes still are confident about the overall 2019 financial results and the outlook for 2020.
Amazon is now the largest seller of products on the internet. It has a 40 percent market share in North America and continues to grow approximately 20 percent year-over-year.
BRUSSELS, Belgium - Since late last year Brussels is evaluating the General Vertical Block Exemption Regulation 2010 (hereinafter referred to as 'VBER'). The question is whether this Regulation should be prolonged, revised or allowed to lapse.
TAIPEI, Taiwan - Displaying fully automatic frame production in combination with a hundred percent recyclable material made Hsin Yung Chien Co., Ltd. (HYC) one of the remarkable exhibitors at this year's Taipei Cycle Show. The frames are mainly made of recyclable plastics.
BERINGEN, Belgium - The Belgian Cycling Factory, owner of the brands Ridley and Eddy Merckx steps up its activity in the market with the appointment of industry veteran Eugene Fierkens. While Edward Vlutters returns back home. Fierkens will now take up the position of general manager strategy & business while Vlutters started as sales director in February.
ENNEPETAL, Germany - Simon C. Smith joined Alfred Thun GmbH in the field of International Sales and Business Development. He will focus on international sales of existing and new drivetrain components for bicycles and e-bikes.
HEERENVEEN, the Netherlands - The Supervisory Board of Accell Group has announced the appointment of two new members to its Board of Management. Toine van Doremalen has been named Chief Financial Officer (CFO) and Jonas Nilsson will assume the role of Chief Operating Officer (COO).
MALLABIA, Spain - In 2016, the cooperatively organised bicycle manufacturer Orbea S. Coop. ushered in a growth phase, with the number of employees expanding to around 1,000 worldwide. In these past six years, the brand has made its name not only in Spain and Europe, but globally. Now the Basque cooperative is entering another phase that requires a reorganisation of the business areas.
MÜHLTAL, Germany - These days a functioning and well-coordinated supply chain is extremely important for every bicycle manufacturer. With a keen eye on the continuous supply of parts, German premium e-bike supplier Riese & Müller GmbH (R&M) is now strengthening this area with a new work structure.
SUZHOU, China - During a recent event in China, lithium battery manufacturer, Phylion, issued a new brand strategy and revealed the 'China electric vehicle lithium battery partner action' to further promote the development of lithium battery technology.
AMSTERDAM, the Netherlands - Stepless and automatic shifting bicycle hub manufacturer enviolo reports a 40 percent increase in turnover last year compared with 2018. "The
STUTTGART, Germany - Paul-César Lange, grandson of company founder Paul Lange and son of CEO Bernhard Lange, joins the executive board of Paul Lange Ostrava s.r.o. Together with the present managing director, Jiří Trávníček,
JOURE, the Netherlands - As part of a restructuring of the company which has resulted in the 3 companies that belong to the Spanninga group now operating under one identity towards customers, also management changes have taken place.
BRUSSELS, Belgium - Secretary General Dr. Bernhard Ensink is set to leave the European Cyclists' Federation (ECF) having served the organisation for over 12 years.
It wasn't related to results as Decathlon saw a record-breaking 11 billion euro in sales in 2017. But what actually caused the stepping down of Matthieu Leclercq as CEO - son of the founder of the world's biggest sporting goods retailer (including
He was already introduced on 18 July as the new CEO of Accell Group. The shareholders gathered for a general meeting and agreed upon Ton Anbeek's appointent
Today Accell Group NV announces the departure of René Takens, Chief Executive Officer (CEO) and chairman of the Board of Directors. The decision
Yesterday Susanne Puello, long-standing Managing Director of the Winora Group, announced to leave the Accell Group subsidiary. A press release says "She has
Marc Roelofsen steps downs as MD of BBB Cycling, the P&A subsidiary of the Pon.Bike Group. His successor is Folkert Lamsvelt who has been appointed
