VILLENEUVE-D'ASCQ, France - The sports retail giant Decathlon reports an increase in sales of 9 percent in 2019. Turnover expanded from 11.3 billion euro in 2018 to 12.4 billion euro last year. Decathlon is very content with last year's financial performance as the company reported that "2018 has been disappointing".
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.
CAMBRIDGE, UK - Major online retailer Wiggle-Chain Reaction Cycles has confirmed that it will be joining the Bicycle Association of Great Britain - BAGB's leadership group and participating in the BAGB's new market data service which Bike Europe have reported on recently.
ROTTERDAM, the Netherlands - Per 1 March Fox Global Logistics has taken all business activities of Bicycle Logistics Rotterdam. This company is exclusively focused on providing logistic services in the bicycle sector. How much money Fox paid for its acquisition has not been disclosed.
ALMERE, the Netherlands - Pon Holdings announces that on 20 November 2018 it purchased 338,121 ordinary shares in Accell Group N.V. and that it has now purchased a total of over 5.3 million ordinary shares in Accell, representing 20.0 percent
LONDON, UK - It has just been announced that one of the UK's major cycle retailers, Evans, is to be sold to UK-based Sports Direct, a major sports goods retailer. It marks the end of a bidding war between Sports Direct, Halfords and JD Sports, as reported in Bike Europe recently.
Media in the UK are reporting that the 60 stores strong UK high street bicycle retailer Evans Cycles has hired a financial restructuring firm and that a financial lifeline of GBP 10 million (11.2m euro) borrowing is required.
Operational management of KTM Bicycles has been transferred to Johanna Urkauf and Stefan Limbrunner. By the end of this month, longtime Managing Director
BERLIN, Germany - In the cooperation with Canyon's Urban and Commuter bikes most models will be preinstalled with Hexlox Skewers, Hexnut and Hexlox, to protect their wheels, seat post and saddle from theft.
E-commerce company Deporvillage has been ranked in the FT1000 as online sports shop with strong growth in Europe, according to the Financial Times. The
CEDAR PARK, USA - The last week announced Chapter 11 for Fallbrook Technologies Inc. has resulted in new ownership of the company.
LETOHRAD, Czech Republic - Gearsensor, the processor controlled device which allows for reducing or cutting off the e-bike motor power during
Shimano introduces two new product specifications for the e-bike and enduro/trail market; a new E-MTB Hollowtech crank arm and a 4-piston hydraulic disc
The world's largest notebook battery supplier Simplo Technology is advancing on the e-bike market. "We expect the global e-bike market to grow by
Bicycle wheel and component manufacturer DT Swiss has introduced a series of system wheels, especially developed to extend the lifetime of eMTB's. With
Last week Derby Cycle announced the official launch of the click & collect webshop for its Focus branded bikes in Germany. With this move and after 25 years
