Giant Group increased third-quarter revenue by 6.2% year-on-year to TWD 16.31 billion (EUR 446 million), and operating profit rose 29% to TWD 510 million. The Taiwanese bicycle manufacturer says the gains came from own-brand models that sold without clearance discounts.
Revenue in The Platform Group's (TPG) Freight Goods segment, which holds its bicycle and furniture platforms, fell 6% year-on-year in the first nine months of 2026. Group net revenue at the German e-commerce company rose 17% to EUR 622.7 million.
US based Fox Factory Holding Corp. reported a 10.1% drop in net sales to USD 338.4 million (EUR 294.3 million) for the third quarter of 2026. Net loss was USD 109.6 million (EUR 95.3 million).
Lime's third-quarter revenue rose 20% year-on-year to USD 361 million (EUR 321 million). That takes trailing twelve-month revenue at the US shared micromobility operator above USD 1 billion (EUR 888 million) for the first time. Net income rose 41% to USD 44 million.
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.
