ZEIST, The Netherlands - The June edition of Bike Europe magazine (issue 2/2024) is now available to read online in our digital magazine section. As the industry gathers at Eurobike in early July, market indicators are already suggesting slow, but steady, recovery for 2024. This should create a more buoyant mood for those travelling to Frankfurt.
SHANGHAI, China - The Chinese market followed a different pattern in the past years compared with Europe and North America. High inventory is much less of a problem and the market is currently experiencing a recreation boom. How that will impact the business will be a much-discussed item at the China Cycle Show which opens its door from 5-8 May in Shanghai.
OBERWANGEN, Switzerland - The confiscation of all e-bikes at the Opium brand stand caused a big noise at Eurobike last year. The reason was the patent lawsuit brought by myStromer AG against the Opium brand owner Revolt Zycling AG. The Federal Patent Court recently ruled in favour of Stromer. However, the defendant did not wait for this decision, but has already brought a modified design onto the market.
JAKARTA, Indonesia - More than 90 leading exhibitors from two-wheeler companies are gearing up for the premiere of Asiabike Jakarta at the Jakarta International Expo from April 30 - May 4, 2024. Organised in partnership with Eurobike jointly by Messe Frankfurt, Periklindo (Indonesian Electric Vehicle Industry Association), Pt. Dyandra Promosindo and Jiangsu Bicycle Co Ltd.
WOKING, UK - The bankruptcy of VanMoof this summer caused a lot of commotion in the bicycle industry. Since the confirmation of the take-over of the brand by McLaren Applied late August it has been very quiet around the brand.
ZEIST, The Netherlands - The December edition of Bike Europe magazine (issue 6/2023) is now available to read online in our digital magazine section. As the year draws to a close, many will look back on 2023 as a year they are happy to forget with high inventories slowing the market and numerous bankruptcies following as a result.
PORTSMOUTH, UK - Recent developments at WiggleCRC have taken a dramatic course as the company announced it will close down all its international activities. Once at the forefront as 'the' example of how to operate a global webshop, the company has lost its momentum on the overseas markets.
ZEIST, The Netherlands - The next edition of Bike Europe magazine (issue 4/2023) is now available to read online in our digital magazine section. Following the hectic days of Eurobike, this issue reflects on the discussions and meetings during the show on the state of the bicycle industry economy.
FRANKFURT, Germany - The topic of sustainability at comparatively young e-bike brand E-Bike Advanced Technologies GmbH (Advanced) is not marketing claptrap but, according to Head of Communications and Customer Service Leo Schlüter, "the core DNA of the company". This was also evident at this year's Advanced booth at Eurobike 2023.
LONDON, UK - Bike Club, a subscription-based provider of kid's bikes, has acquired Bicircular, a fellow bike subscription platform for children in Spain. This latest acquisition sees the UK scale-up entering two new European markets in the past twelve months. The certified B-Corp company says it is committed to bringing better circular economics into the European family leisure market.
MUNICH, Germany - The bi-annual leading industry conference World Cycling Forum has been postponed to a later date. This was announced by organizer WFSGI (World Federation of the Sporting Goods Industry).
KUFSTEIN, Austria - E-mobility service provider Greenstorm has filed for insolvency. With investor talks failing and the sales concept not covering costs, there will be no reorganization of the company due to a non-functioning business model. "A closure of the company will take place soon after the opening of insolvency proceedings," the insolvency consultant has declared.
TAIPEI, Taiwan - The Taipei Cycle show has clearly stepped forward as the stage for the sustainable future of the bicycle industry. The event will showcase four main themes: 'Green Action', 'Micro-mobility', 'Innovation & Startups' and 'Culture & Lifestyle'.
REUTLINGEN, Germany - The successful premiere of the Eurobike Investors Lounge at last year's show will be continued. Hosted by Eurobike, the Investors Lounge will provide a program primarily aimed at private equity investors and family offices interested in investing in companies in the bicycle industry.
BRUSSELS, Belgium - Folding bikes specialist Ahooga raised multimillion funds to support the development and engineering of its next generation compact e-bikes. Ahooga also want to invest in production nearby its headoffice in Brussels, "to reduce dependency of external parties which can be cumbersome when supply chains get tight."
MUTLANGEN, Germany - The challenging market situation became too much for Advanced Sports GmbH. According to an announcement of the responsible district court Aalen in Germany, Advanced Sports GmbH filed for insolvency in self-administration as of 3 April 2023. The company is the European distributor for the bicycle brands Fuji, Breezer and SE Bikes and sells to more than 30 countries.
TAIPEI, Taiwan - After two days of intense discussions, an international panel of experts in the field of bicycles and design have selected the winners of the Taipei Cycle d&i awards 2023 from almost 140 submissions. The winners will be crowned prior to Taipei Cycle 2023 on 21 March.
MUNSTER, Germany - To focus on its core-products, tubus has sold its extrusion mudguard division to the Italian company Eurofender. This strategic decision makes it possible for tubus to strengthen and professionalise its activities in carriers and accessories.
VELDHOVEN, the Netherlands - Darfon Europe has announced a collaboration between its e-bike premium brand BESV and Grofa Action Sports GmbH. The traditional German bicycle importer will take over exclusive BESV distribution rights in Germany and Austria.
FRIEDRICHSHAFEN, Germany - The impact on product development and new introductions as a result of the corona pandemic become more and more evident. It is not only supply chain issues that hamper the industry today, also new developments for model year 2021 have been delayed on a large scale.
