Belgian folding bike brand Ahooga doubled its sales in 2026, and dealer pre-orders for 2027 are on track to double again. More than 40 dealers joined its network this year, a year after a EUR 5.5 million funding round.
German bicycle manufacturer Velo de Ville has updated its online dealer portal with a new ordering tool, tracking per bike and access to individual dealer terms. The changes are aimed at dealers selling its Custom Made bikes, which are built to each customer's specification.
Garmin grew revenue in its fitness segment, which includes Edge cycling computers, by 16% to USD 694 million (EUR 620 million) in the third quarter. The group raised its full-year revenue forecast to USD 8.15 billion (EUR 7.28 billion).
Robert Bosch GmbH will transfer the German operations of its Mobility business sector, which includes all activities for the car and bicycle industries, into a separate, wholly owned subsidiary from 1 August 2027.
Swedish sports and outdoor company Thule Group raised its third-quarter operating margin to 20.0%, but mainly thanks to SEK 52 million (EUR 4.7 million) in refunded US import tariffs. Without them, the margin would have been 18.0%, in line with last year. The results come two days after the company's three largest shareholders pushed out chairman Hans Eckerström, who had planned to step down in spring 2027.
The organizer of Copenhagen Bike Show has launched Cykeljobs.dk. The job portal is dedicated to bike mechanics hoping to fill the vacancies in the trade that are estimated to grow tremendously.
