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.
Mike Dennison steps down with immediate effect because of expected low third quarter results. Full year net sales were first estimated to be 1.42 billion to USD 1.47 billion (EUR 1.27 billion to EUR 1.31 billion).
Finnish bicycle manufacturer Helkama Velox Oy has acquired the bicycle brand rights and the Turku warehouse of bankrupt compatriot Tunturi Oy Ltd., the former Finnish subsidiary of Accell Group
Decathlon is further expanding its collaborations with this partnership. The first store-in-store will be opened next year in what will be the largest store of Decathlon in the Hamburg metropolitan region, where four other shops are already running.
