Mavic Sales Decline
ANNECY, France - Mavic made a disappointing start in 2016. In the first quarter of 2016 the bicycle components manufacturer saw its net sales decrease by 2% to 39.7 million euro compared with January - March 2015.

ANNECY, France - Mavic made a disappointing start in 2016. In the first quarter of 2016 the bicycle components manufacturer saw its net sales decrease by 2% to 39.7 million euro compared with January - March 2015.

HEERENVEEN, the Netherlands - E-bike sales are accelerating in European markets that up till now were small for electric bicycles. That's the main message in Accell Group's trading update which the listed company published today. It also says that Accell recorded higher turnover and profit in the first quarter of 2016 compared to 2015.

UK bicycle market leader Halfords reported on its trading performance for the 13-week period to 1 July, 2016 that the company's cycling revenues were down..

荷蘭,ALMERE- Pon Bicycle Group改名為Pon.Bike Group。資深副總裁Armin Landgraf還展示了全新的標誌並解釋為什麼荷蘭最大家族企業之一的Pon Holdings要在自行車上重新開始。

3T Cycling Srl will acquire THM Carbones GmbH. They signed an agreement for 3T, based in Italy to purchase all shares of THM from its founder Thomas Mertin.

Activa Capital, the private equity firm that, among others also owns the Sport 2000 retail chain in France has taken a majority stake in Look Cycle.

TAINAN, Taiwan - Chain manufacturer KMC (Kuei Meng International Inc.) reports a continued buoyant growth on existing as well as emerging markets. The company benefits from the mild climate this year on its main markets as well as increasing sales of high-end bicycles in Europe and North America.

DIEREN, the Netherlands - To expand its presence on the international e-bike market, bicycle manufacturer Gazelle, part of the Pon Bicycle Group, announced a new strategy.

CASELA, d'ASOLO, Italy - Steven Merlini, one of the most recognized people in the industry, left Selle Italia. After working 21 years for the Italian saddle maker he stopped on December 3.

LONDON, UK - Supported by the Welsh Government and the HSBC bank, Frog bikes will be opening a new factory in the UK shortly. According to Frog Bike's press release "the production is expected to commence this summer."