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The insolvency plan of the European distributor of Breezer, Fuji and SE Bikes, Advanced Sports GmbH has been approved. – Photo Jo Beckendorff

Advanced Sports' insolvency plan unanimously approved by creditors

MUTLANGEN, Germany - A difficult market situation including slow consumer spending made Advanced Sports GmbH decide on 1 April last year to apply for...

The challenging market situation became too much for Advanced Sports GmbH – Photo Jo Beckendorff

Advanced Sports GmbH applies for insolvency in self-administration

MUTLANGEN, Germany - The challenging market situation became too much for Advanced Sports GmbH. According to an announcement of the responsible...

Pat Cunnane will fill the newly created position of President and COO at Yuba Bicycles. – Photo Jo Beckendorff

Yuba Bicycles names Pat Cunnane as President and COO

CALIFORNIA, USA - Premium cargo bike specialist, Yuba Bicycles (Yuba), has appointed Pat Cunnane as President of North American Operations and Chief...

Advanced Sports invited business partners to its fifth house show in a row - and for the fourth time in Schwäbisch-Gmünd, close to the company headquarters in Mutlangen. - Photo Jo Beckendorff

Advanced Sports boosts e-bike range

SCHWÄBISCH-GMÜND, Germany - Bike supplier Advanced Sports GmbH invited their main international sales partners/agents and IBD partners to its house...

Tiger Capital Group has sold its stake in BikeCo to joint venture partner Advanced Holdings. – Photo BikeCo

New Owner for Fuji, Breezer and Tuesday Distributor BikeCo

PHILADELPHIA, USA - The ownership of Fuji, Breezer and Tuesday distributor BikeCo LLC has changed again within one year. Tiger Capital Group has sold...

Closing of all Performance Bicycle’s brick & mortar stores is another example of the shake-out taking place in U.S. bike market. – Photo Performance Bicycle

Biggest Bike Retail Chain in U.S. Closes its Stores

PHILADELPHIA, USA - Performance Bicycle, once the biggest bike retail chain in the U.S. with 104 stores and 1,700 employees, is closing all its...

‘Advanced Sports Europe and Advanced Sports Asia will continue to operate as usual,’ assures ASE CEO Pat Cunnane. – Photo Jo Beckendorff

USA's Advanced Sports Ent. Files for Chapter 11

PHILADELPHIA, USA - Last week Advanced Sports Enterprises (ASE) CEO Pat J. Cunnane informed his customers in a letter that "The company has taken...

Armin van Hoogstraten ‘‘Our first investment in omni-channel was purchasing a major stake in Norwegian Birk Sport retail chain and webshop in 2015’. – Photo Jo Beckendorff

Advanced Sports Europe GM Van Hoogstraten on Omni-Channel

MUTLANGEN, Germany - Advanced Sports Int'l (operating Breezer, Fuji, Kestrel, Phat Cycles, SE and Oval Concepts brands) has a close partnership with...

On short term and especially in Europe, with its excellent market prospects, takeovers and acquisitions will continue.

Growing Number of Acquisitions in Bicycle Industry

DOETINCHEM, the Netherlands - Clearly there's something brewing in the bike sector, both in Europe as in the US. That something drastic is happening...

「ASI買下了Performance Bicycle的舉動顯示出自行車製造商挫折的不斷增加，他們認為獨立自行車經銷商的銷售模式已經不行了」-Photo Performance Bicycle

北美自行車零售市場大洗牌

美國，費城 (Philadelphia) －在綜合運動用品連鎖商Sports Authority (擁有460家分店與網路銷售) 和Sport Chalet (47家分店與網路商店) 宣告破產後，另一家美國最大自行車零售連鎖商的接管是美國市場陷入困境的下一個訊號。