British bicycle manufacturer and industry barometer Halfords Group UK reports strong performance in its bicycle segment for FY26 (April 2025 - April 2026). The Group says sales have increased across its core industries of automotive, retail and leisure, but none have seen as much progress as its cycling division, which climbed 6.4%.
A persistent and far-reaching campaign by the United States trade organisation PeopleForBikes to prevent bicycles and e-bikes from becoming subject to high metal tariffs has paid off. US President Donald Trump announced in early April that the bicycle industry would not be subject to the new Section 232 steel and aluminium tariffs, which would have cost manufacturers millions on imported steel and aluminium products.
All financial indicators in 2025 have already made it clear that Canyon is still unable to recover from the post-pandemic industry crisis. The full-year results from owner Groupe Bruxelles Lambert (GBL) showed a further 7% decline in Canyon's sales, resulting in a net loss of 34% across the whole year.
Matteo Cassina, the Italian manager and entrepreneur, owner of Passoni and the media platform Rouleur joins the Campagnolo Board at a pivotal moment for the component manufacturer. It signals a new phase following recent restructuring talks and labour agreements. For the first time in its history, the Italian brand has taken a significant step in its governance by appointing a Board member from outside the founding family.
Amid ongoing revenue slides and restructuring efforts to counter losses, Canyon Bicycles GmbH has announced large-scale job cuts. The German bicycle brand will cut 320 of its 1,600 employees, equivalent to 20% of its workforce.
MYSŁOWICE, Poland - Located just outside the Polish city of Katowice, Polana Bikes has quietly set up a state-of-the-art bicycle production facility. With its own e-bike brand already on the domestic market, the company has big ambitions to change the narrative regarding European e-bike production. Under the motto 'Passion for bicycles meets industrial precision,' the company relies on local expertise with a touch of Chinese 'Guanxi.'
