BREMBATE, Italy - Private equity investors Telemos Capital have signed a binding agreement to acquire a majority stake in Italian tyre manufacturer, Vittoria. Together with Wise Equity, Telemos aims to accelerate the growth of the company on a global scale. The transaction is expected to close in early 2023.
TAICHUNG, Taiwan - Giant Group celebrated its 50th anniversary last week with a series of events held at the company's global headquarters in Taiwan. The occasion brought together global business leaders and the Taiwanese bicycle industry as they plan for a sustainable future. Giant CEO Young Liu also announced the group's future ESG strategy 'Cycling for a better future.'
ALICANTE, Spain - Iberian Sports Retail Group, has acquired an additional 18% holding in Spanish online retailer Deporvillage. This latest transaction means that the JD Sports's holding company now owns 98% of the retailer. The acquisition leaves the co-founders retaining a 2% interest but also looking for a new job as part of a management shake-up.
ZEIST, the Netherlands - With only a week to go until the first day of the Ebike Future Conference, more speakers names are emerging for the online event. Joshua Hon, founder of Tern Bicycles, Tomi Viiala, co-CEO of Stromer and Teet Praks, CEO of Comodule are amongst the list of top-level e-bike experts speaking at the 3-day event.
SUZHOU, China - Following the launch of the CMT03 a couple of years ago, e-bike motor manufacturer, Shengyi was back at Eurobike this year with 2 new additions, CMT07 and CMT03P.
VIENNA, Austria - Technology start-up, Dreamwaves, has added a new bike interface to waveOut, its spatial audio and augmented reality navigation app. Merging tech, innovation and inclusion the spatial audio features have been designed for safe and 'mindful' riding.
FRANKFURT, Germany - The attendance of high-ranking politicians from the urban, state and federal governments at the Eurobike Convention will mark the start of a new era for the global trade fair. Eurobike states that this year it is 'becoming political' as its convention explores the role of the bicycle in the 'mobility revolution.'
PARIS, France - Last week the French industry association Tout a Velo reported on the 2007 bike sales in France. The report shows some remarkable shifts ...
LONDON, UK - Cycling to work will have fresh appeal once Paul Smith's personalised bicycles hit his boutiques in November. As a youngster, designer Paul ...
POZZOLEONE, Italy (2 July) - Selle Royal, the most prominent European saddle maker, has taken over the prestigious UK saddle brand Brooks. Selle Royal ...
ENNEPETAL, Germany - Bidex BikeData has offered a uniform standard since 2019 with which product data can be exchanged between manufacturers and specialist retail partners. The challenges and opportunities of digitisation are omnipresent.
TAICHUNG, Taiwan - Any frequent visitor of bicycle industry factories in Taiwan, has seen that a lot of the workers come from countries like Philippines, Vietnam, Thailand or Indonesia. Often the signing in the factories is multi-lingual to facilitate the foreign workers. In a recent publication, LeMonde Diplomatique reports that they have found indicators of forced labour according to the International Labour Organisation (ILO), particularly in the Taiwan bicycle industry.
The 2025 Taipei Cycle Show will take place from March 26 to 29 at Halls 1 and 2 of the Taipei Nangang Exhibition Center. The event will bring together 980 companies from 35 countries across 3,600 booths, reinforcing its role as a hub for high-end bicycle supply chains, innovation, and sustainability.
比利時，布魯塞爾（Brussels）－電動自行車品牌Cowboy已將其組裝業務移至法國。透過與Rebirth Group子公司ReCycles的合作，這次近岸外包（nearshoring）策略旨在縮短交期，並提升顧客服務，以迎合全歐洲市場的需求。
德國，奧托布倫（OTTOBRUNN）－汽車大廠Porsche AG這次似乎對電動自行車領域真的認真起來了。成立於2022年的Porsche eBike Performance GmbH剛宣布計畫在克羅埃西亞（Croatia）設立自家電動自行車電池廠。該計畫預計在2026年開始進行，將與Porsche首款電動自行車驅動系統發表同步。
BUNNIK, the Netherlands - Klever Mobility has centralised its European organisation in its existing office in the Netherlands. The company reports that this strategic decision will enable them to operate more efficiently and provide better service to dealers and customers in Germany and Switzerland. As part of the reorganisation, the office in Cologne, Germany will be closed soon.
OSAKA, Japan - The 2024 financial report of Shimano Inc. indicates a rebound in sales in the second half of last year. However, in more detail the results look less promising for the international bicycle industry. The revenue in Europe and Taiwan was still down by double digits and the main growth market was China where revenue increased by almost 60%. In the long-term Shimano remains positive on bicycle sales, but the bicycle component manufacturer also points to the potential impact of geopolitical developments.
Recognising the demand for better-integrated and lighter components in the e-bike market, AUTORQ has responded to industry trends. Building on its success in providing the widest range of standard bottom bracket torque sensors, the company has developed an innovative integrated hub motor torque sensor.
CHANGHUA, Taiwan - For Merida Industry Co. Ltd., the excess inventory situation continues to have an impact on the financial performance. Yesterday the company reported a relatively steadily performance in 2024, with full-year revenue growing by 8.7% to NT$29.63 billion (€ 823 million). The company pointed out that the entire bicycle industry is still in the stage of destocking and inventory impairment. For Merida this means a net loss NT$732.66 million (€20.4 million) before tax which can be attributed to a one-time provision and did not affect cash flow, and it could still be used to offset taxes when profits are made in the future.
MUNICH, Germany - In order to further expand its position in the market for premium pre-owned bicycles and e-bikes in France and Europe, TFJ Buycycle GmbH - creator of the German bicycle marketplace Buycycle, has joined forces with the French premium pre-owned marketplace for bicycles, Biked.
