NEW DELHI, India - To expand their footprint on the high-end European e-bike market, India's largest bicycle producer Hero Cycles Ltd acquired a strategic stake in HNF Group.

OSAKA, Japan - Last week Bike Europe reported "Shimano Downgrades Importance of China as Production Base." This report was based on a statement made by the listed company in a recent trading update.

PHILADELPHIA, USA - The ownership of Fuji, Breezer and Tuesday distributor BikeCo LLC has changed again within one year. Tiger Capital Group has sold its stake in BikeCo to joint venture partner Advanced Holdings Co. Ltd.

ULFT, the Netherlands - Basil launches innovative and stylish bicycle rainwear line. One of the major reasons why many people avoid cycling into work is the fear of getting caught in the rain.

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AMERSFOORT, the Netherlands - "In response to the growing importance of direct online sellers we see that brands which were exclusively distributed by dealers in the past, start to approach the consumer directly as well. As Europe's second largest dealer cooperative we should improve our performance for those brands by offering them more stability," says Dynamo Retail Group GM Maarten de Vos.

BEGUNJE, Slovenia - It currently produces ski's and sailing yachts but has been successful in bikes; Slovenian Elan d.o.o. As this company has been taken over by the owner of Bulgarian bike maker Leader 96 it raises the obvious question whether Elan bicycles will be brought back to life.

HEERENVEEN, The Netherlands - Accell Group NV saw its net turnover grow by 2.4% in 2018, while its operating result doubled to 20.5 million euro. Just like in the previous year, Accell reports strong sales in Germany, Austria, Switzerland and France but a weak performance in North America and the Netherlands.

HEILBRONN/ESSEN, Germany - Intersport Deutschland eG, the German subsidiary of Intersport International Corporation GmbH (IIC) and Signa Sports Group,

AMSTERDAM, the Netherlands - In mid December the Dutch subsidiary of Accell Group NV was successful in its attempts to stop deliveries to webshop

HEERENVEEN, The Netherlands - This morning Accell Group warns for a lower than anticipated 2017 operating result due to a strong sales decline

MONT-SAINT-GUIBERT, Belgium - With Anverz NTA and Revolution NTA LAZER Sport introduced two speed pedelec helmets anticipating

BAUNACH, Germany - Designed for the everyday cyclist, Linka is an innovative frame mounted bicycle lock which can be operated via a smart-phone.

"Fake online stores have been sweeping the internet," states outdoor sports company Scott Sports SA. Since last year Scott noticed an "increased intensity,

SANGERHAUSEN, Germany - "This was really a last-minute rescue", said MIFA administrator Lucas Flöther who sold the bicycle factory

Dorel Industries Inc reports in its yesterday published 2017 financial results to have been faced with "A continued weak global bike market". This is

TAICHUNG, Taiwan - Known for their wide range of pedals, component manufacturer VP entered the market for grips and handlebar tapes last year. 

LYON, France - Vélo Capital Partners (VCP) announces the spin-out of véliSo to focus on solving cycling's problems with intelligent solutions.

Shimano reported last week a stable result in net sales of bicycle components in the first quarter of this year compared with the same period in 2016. Last

With the development of the Addix compounds, Schwalbe claims to have solved the typical trade-off between grip, rolling resistance and wear across a much