PHNOM PENH, Cambodia - The latest figures of the country's Ministry of Commerce indicate an increasing number of exported regular bicycles. From January to September this year, Cambodia shipped a total of 1.5 million units. The Ministry of Commerce's report did not reveal the exact export volume to the EU.
PLOCHINGEN, Germany - Next year, Decathlon-Germany has set its sights on a targeted expansion in the nation's south. The French sporting goods manufacturer and retailer is planning to open five stores there in the coming year, creating 250 new jobs.
LONDON, England - Since Covid-19 took hold, there has been a surge in budget priced bike sales and bike repairs in the UK. Whilst major chains like Halfords and Evans closed at the start of the outbreak when lockdown was declared by the UK government on 23rd March, cycle shops were soon declared 'essential' and allowed to open. What effect has this had on the market?
BAD SODEN, Germany - The implications of the Coronavirus in China for the bicycle and e-bike industry is becoming more clear. Temporary factory closures and quarantine measures are causing supply chain disruptions, or even cause a complete standstill.
PRAGUE, Czech Republic - Eight quite large cycling competition events in one weekend day and 1.2 owned bicycle per head of the population; the Czech Republic is the most "cycling-as-sport" avid country in Europe!
The next-generation of high-end composite bicycle frames will be produced in Leuven, Belgium. REIN4CED is the new startup company behind it, which not only developed the patented impact-resistant steel-fiber composite frames, but that also devised a fully
CAMBRIDGE, UK - The UK's Bicycle Association (BAGB) has released its latest batch of three-monthly figures that confirm a dramatic decline
DOETINCHEM, the Netherlands - In a recent bicycle market study, US market researcher Persistence, labelled hybrid bikes
BEIJING, China - The inevitable is to take place; major cities in China want to get rid of the meters high piles of bicycles that come with the
Portugal is to become a major production center of bicycles, e-bikes and parts in Europe. 'Bike Value Portugal' is to meet the demand of the European bike
AMSTERDAM, the Netherlands - This August IKEA starts selling bicycles worldwide. For the time being the offering is limited to a single model that is available in a 26-inch or 28-inch versions.
TAICHUNG, Taiwan - As third largest brand behind Trek and Specialized, Giant is stepping up its presence on the North American market to grow its market share. "In the first half of this year our IBD sales in the US are up 13.8 percent compared with the same period last year," said Giant Bicycle CEO Tony Lo yesterday in an interview with Bloomberg.
HEERENVEEN, the Netherlands - In the first half of 2015 Accell Group booked an operating profit of € 49.1 million, an increase of 29% from the € 38.2 million recorded in the first half of 2014. Net profit was up 21% at €31.9 million from € 26.3 million in the first half of 2014 while turnover was up 13% at € 537.8 million. The organic increase in net turnover came in at 11%, which was mainly the result of of higher sales of e-bikes and sports bicycles in the higher segment.
QUEBEC, Canada - For the first six months of 2015 Dorel Sports (including its Cycling Sports Group division) saw its revenue decrease by USD 46.6 million (€ 42.5mn), or 8.8% to USD 480.0 million (€ 437.7mn) compared to last year's USD 526.6 million (€ 480.2mn). Organic sales declined in Europe is noted in the financial report of listed Dorel Industries Inc.
TAIPEI, Taiwan - 2013 was a difficult year for the global bicycle industry. This caused the export of complete bikes as well as components from Taiwan ...
DHAKA, Bangladesh - The largest food and nutrition producer in Bangladesh is investing 10 million US dollar in a bicycle assembly plant near Dhaka which ...
NEW YORK, USA - America's biggest bicycle-sharing program got rolling. Recently thousands of New Yorkers got their first chance to ride this brand new ...
QUAKENBRUECK, Germany - The Lower Saxony based H.F. Christiansen GmbH is the latest offspring of the Danish distributor to grow its export. The German ...
DUBLIN, Ireland - The global bicycle industry is expected to witness moderate growth over the next five years and reach an estimated USD 64.1 billion (€ ...
NUNSPEET, the Netherlands - On March 1, 2013 Shimano Benelux announced to have dropped the prices of a major part of its range. The price drops are for ...
