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Shimano reports that supply and demand adjustments continued, and market inventories remained high globally. – Photo Shimano

Shimano reports weak sales while outlook remains slow

OSAKA, Japan - Bicycle component manufacturer Shimano reports that demand for bicycles continued to be weak at the start of the year. In the first...

Prototype testing

Tektro & TRP: unbridled enthusiasm for innovation

A look at the bicycle industry reveals various approaches to dealing with an economic downturn. Leading the way is one such strategy, as demonstrated...

From start-up to ramp-up: Tektro strengthens European market presence

From start-up to ramp-up: Tektro strengthens European market presence

By appointing Silvan Schäfer as marketing coordinator for Europe, Tektro is set to intensify its marketing efforts across the continent. In addition...

Vefaa has adopted the eBikeLabs technology eBikeOS. This software features embedded AI that reduces and enhances hardware components with software. - Photo Vefaa

Vefaa e-bike brand adopts eBikeLabs' operating system

GRENOBLE, France - French companies eBikeLabs and Vefaa have announced the creation of an e-bike equipped with eBikeOS technology, one of the first...

Incoming CEO Ed Cully previously held the same position at Whytes bikes. – Photo enviolo

enviolo appoints new CEO as David Hancock steps down

AMSTERDAM, the Netherlands - E-bike component manufacturer, enviolo has appointed a new CEO. Ed Cully has succeeded inaugural CEO David Hancock and...

The new Essa system is compatible with Shimano’s current 8-speed Hyperglide systems. – Photos Shimano

Shimano targets entry-level cyclists with new component system

OSAKA, Japan - Shimano has launched a new affordable component system, Shimano Essa, which will be compatible with the bicycle component maker's...

Market dynamics remained challenging throughout 2023 for hGears and were characterized by slower than expected destocking. – Photo hGears

E-drive maker hGears gives cautious outlook after revenue decline

SCHRAMBERG, Germany - hGears AG, the European precision e-bike transmission parts and components manufacturer, reports a 16.9% year-on-year decrease...

The new appointment "marks a continuation in the relaunch and transformation of Mavic," says Jean-Michel Bourrelier. - Photos Mavic

Bourrelier Group appoints new managing director of Mavic

ANNECY, France - There is a new face at the helm of French component manufacturer Mavic. Having worked with Jean-Michel Bourrelier for more than five...

Rotor offers innovation and quality in cycling components

Rotor offers innovation and quality in cycling components

In the world of cycling, choosing quality components is crucial to ensure optimum performance, as well as a safe and enjoyable riding experience....

In Shimano’s main markets in Europe, Germany, the Netherlands and Belgium interest for bicycles remained strong. – Photo Shimano

Shimano loses 29% in turnover and half its profit in 2023

OSAKA, Japan - The financial consequences of high inventory in the market accelerated in the fourth quarter of last year for bicycle and parts...