Swiss bicycle industry specialist Netcycle AG says its joint takeover bid for Ghost Bikes and E. Wiener Bike Parts, both subsidiaries of the insolvent Accell Group, has been rejected. Ghost will cease operations, terminate all employment contracts and sell its remaining stock en bloc,

Historic Italian bicycle manufacturer Bianchi has entered a formal debt restructuring process in a bid to secure its future following years of financial losses and operational challenges.

Danish bike-sharing operator Donkey Republic increased revenue by 10.9% to DKK 61.3 million (EUR 8.2 million) in Q3 2026. New city contracts in the Ruhr region and Düsseldorf drove the growth, and the company has confirmed its full-year guidance.

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.

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).

Japanese component maker Shimano has raised its full-year operating income forecast for bicycle components by 10%, from JPY 39.0 billion to JPY 42.9 billion (EUR 244 million). Bicycle component sales rose 4.6% to JPY 278.4 billion (EUR 1.59 billion) in the first nine months of 2026, but fell 0.5% excluding currency effects.