The Commercial Court of Dijon has officially opened the judicial reorganisation (redressement judiciaire) of Cycles Lapierre as it seeks independence from the now-bankrupt Accell Group. The French brand's CEO William Perrier is happy with the development: "We've got an opportunity. It's up to us to transform it into a future."
The next generation will spearhead SunRace Sturmey-Archer's strategic restructuring now founder Tony Hsu has handed over the chairmanship to his daughter, Sandy Hsu. The Board of Directors unanimously approved her appointment, marking a pivotal leadership transition for the 54-year-old company.
The Rebirth Group, owner of bicycle brands including Solex, Gitane, Peugeot Cycles, Cowboy and Angell, is pursuing an increasingly ambitious consolidation strategy in the European bicycle industry. At the same time, the French group is facing mounting financial and legal pressure, including eviction proceedings, unpaid debts and historically substantial losses.
Also, Inc., the US micromobility spin-off from electric car manufacturer Rivian, has closed a $150 million (€128 million) Series D financing round. Led by Prysm Capital, with participation from Eclipse Capital, Greenoaks and MVP Ventures, the new capital will accelerate development of its autonomous vehicle platform. With US shipments of its TM-B e-bike underway, the brand is now building a team for a European market launch.
No signs of a crisis at WS We Sports Scandinavia, also known as WeSports Group. The Nordic sports-, outdoor-, and bicycle-retailer has been listed on the Nasdaq First North Premier Growth Market in Stockholm since the end of last year . After increasing its 2026 first-quarter revenue by 51.8% year-over-year, the second quarter reached a year-on-year 55% increase (21.6 % on a currency-adjusted basis).
Brand founders Susanne and Felix Puello officially retook the reins of Raymon Bicycles in October 2023, when Pierer Mobility divested the business as its ill-fated run in the bicycle industry came to an end. In less than three years, the founders state that "our realignment is working", with sales growth and inventory reduction putting the brand back on track.
