WIESBADEN, Germany - German investor Schuhe24 Group has acquired a majority stake in the IBD platform Bike-Angebot.de. The future growth strategy of both parties includes a clear expansion course outside of the home market and the German-speaking region.
TURNHOUT, Belgium - The Belgium start-up Classified Cycling presented an all new smart shifting technology which will make conventional front derailleurs a thing of the past. The company is strongly embedded in the Belgium cycling culture with former road racer Tom Boonen as ambassador as a new shareholder and Ridley as launching partner.
OTTOBRUNN, Germany - Drivetrain manufacturer, Fazua, has optimised the connectivity of its system by rounding out the 'evation' experience with a 2.0 software update. The software update is the first big step towards a wide-ranging Fazua connectivity environment.
MONTREAL, Canada - Dorel Industries Inc. reports a spike in demand for all types of bicycles during the second quarter of 2020. For the owner, sales of brands such as Schwinn, Mongoose and Cannondale rose dramatically and was maintained throughout the quarter.
NOTTINGHAM, England - British bike brand, Raleigh have announced the launch of their new e-cargo bike range for businesses. With this they say they have "a perfect zero emissions solution for urban business transport".
DOETINCHEM, the Netherlands - Unlike nearly every crisis in recent history the current one has escalated in such way that it has turned into a serious problem for nearly every participant in the global bicycle value chain. A dilemma that, at one time or another, has left nearly everyone at every level struggling to find a solution, a ray of hope and a light at the end of the tunnel.
MONTREAL, Canada - Today Dorel Industries Inc. announces slightly increasing results for its Sports division (including Cannondale, Schwinn, GT, Mongoose, Pacific Cycles and Caloi) in 2019 and in the fourth quarter in particular.
OLDENBURG, Germany - Struggling German bike maker Cycle Union with it's brands e-Bike Manufaktur, Kreidler, Rabeneick and VSF Fahrradmanufaktur is setting out its future course. In a company statement it summarized the problems it encountered;
WIJCHEN, the Netherlands - Bafang, one of the leading manufacturers of e-mobility components and complete drive systems, expands its battery collection for e-bikes with the introduction of two new models for down tube applications, BT F07.450.C and BT F08.600.C, offering 450Wh or 600Wh respectively.
TAICHUNG, Taiwan - For the first half of 2019 Taiwan's leading bicycle manufacturer Giant Mfg. Co, Ltd (also known as the Giant Group) reports a 5.3 percent sales increase to a total of TWD 30.71 billion (877.4 million euro).
TAOYUAN CITY, Taiwan - Darfon Electronics Corp., better known of its e-bike brands Votani and Besv, acquired a 60 percent stake in Kenstone Metal Co Ltd. The investment in this Taiwanese OEM assembler is part of Darfon's strategy to build a bigger presence in the global electric bicycle market.
AGUEDA, Portugal - Portuguese RTE S.A. is to open a bike making facility in Poland in 2021. With a current annual production total of between 1.2 and 1.4 million units, RTE is the biggest European bicycle assembly plant in Europe. The company produces exclusively for Decathlon.
After Pon Holdings announced its bid for 20 percent of all Accell Group's shares last Tuesday, financial analysts were quick to react by saying that they regard this move by the multi-billion euro earning Dutch family business as just a first step. They are
AMSTERDAM, the Netherlands - Switching to omni-channel is currently 'the name of the game'. Such a distribution strategy includes operating webshops. Here some reservations are needed to be made. Especially when this takes place in the Netherlands
E-bike battery lifetime is predominantly determined by stress and cell temperature and cell quality. For existing batteries, only stress can be addressed. Stress substantially increases above 80% and below 20% State of Charge (SoC). E-bike batteries are
LILLE, France - French Decathlon has acquired Swiss sports store chain Athleticum from Maus Frères for an undisclosed amount. So far, Decathlon had only two stores and a webshop in Switzerland but now the store count jumped to 23 locations.
FRIEDRICHSHAFEN, Germany - KMC, the world's biggest in bicycle chains, dares to guarantee a mileage of over 10,000 kilometers for its new e101 EPT chain. The company launched it at the earlier this month held Eurobike show.
Amer Sports did not had a good start of 2018 as its cycling activities through subsidiaries Mavic and ENVE saw a further deteriorating net sales after a
REICHSHOF, Germany - Bicycle tyre supplier Ralf Bohle GmbH, owner of Schwalbe, saw stabilised sales last year. In 2017 the company generated a slight
Yesterday the toy chain store giant Toys"R"Us announced it will close or sell all its 735 stores in the US. The financially struggling company worked on a
