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Alles over financial

For how long will Go Sport France sport hold on now their mother company has been put in receivership? – Photo Shutterstock

Go Sport receivership brings uncertainty to French market

GRENOBLE, France - The commercial court of Grenoble has put the sporting goods retailing giant Go Sport in receivership on 19th January after being...

GasGas is one of the (e-)bike brands under Pierer Mobility’s wing. - Photo GasGas

Pierer Mobility reports 15% growth in bicycle sales

WELS, Austria – Austrian two-wheeler giant, Pierer Mobility continued its success in 2022, the company's latest financial report shows. Under its...

Giant’s investments in the US indoor cycling specialist became known through filings on the TWSE. – Photo Jo Beckendorff

Giant Group takes minority stake in Stages Cycling

TAIPEI, Taiwan – Two filings from bicycle producer Giant Manufacturing Company Ltd., ran over the ticker of the Taiwan Stock Exchange (TWSE) on 20th...

GreenMo leases e-bikes and e-scooters to many prominent meal delivery companies in several countries across Europe. - Photo GreenMo

GreenMo goes bankrupt as e-mobility market growth misjudged

WAARDENBURG, the Netherlands - GreenMo Group, which leases e-bikes and electric scooters to prominent delivery outlets in the Netherlands, Belgium,...

Without a capital injection, VanMoof warned its future was in danger within two months. – Photo VanMoof

VanMoof asks investors for additional funding to continue operations

AMSTERDAM, the Netherlands – The trendy Amsterdam based brand VanMoof has seen its turn-over hike since 2017. A strong global branding made it an...

Despite an overall “softer than expected” performance in the cycling division, Halfords saw a seasonal rise in kids bikes in Q3 – Photo Shutterstock

Halfords Q3 results show trend reversal in UK bike sales

REDDITCH, UK – In its latest financial statement, UK bicycle retailer Halfords reports that cycling sales have dropped to pre-covid levels. Despite...

Financial experts expect that the interest rates will not drop for a long time. The central banks will keep a close eye on economic developments and react if necessary. - Photo Shutterstock

Stock markets see drastic correction after high rise during pandemic

MUNICH, Germany – The events of 2022 had a huge impact on financial markets; it was a disastrous stock market year. The pandemic was barely halfway...

Onomotion has a couple of hundred vehicles on the road in Germany with logistics partners like UPS, DPD and Hermes. – Photo Onomotion

Onomotion raises millions to expand e-cargo bike for urban logistics

BERLIN, Germany - Urban logistics e-cargobike manufacturer Onomotion has closed its Series A, with €6 million in equity and €15 million in debt. “We...

For the first time Giant requested its suppliers to extend their invoicing periods. – Photo Bike Europe

Giant’s inventory problem raises an industry-wide problem

TAICHUNG, Taiwan – It was not supposed to be discussed in public, but the letter Giant sent to its suppliers asking for payment postponement was...

Prophete and Cycle Union ran into difficult waters again. - Photo Prophete

Cycle Union and Prophete file for insolvency

OLDENBURG, Germany - Mass merchant supplier Prophete GmbH & Co. KG and IBD supplier Cycle Union filed for insolvency yesterday. Already in mid-2019...

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