OSAKA, Japan - Shimano Inc. reported modest sales growth but a steep decline in profit for the first nine months of 2025, as global bicycle market corrections and foreign exchange losses weighed on its results.
Online bicycle retailer Bike24 is raising its financial outlook for its current third quarter, and for the entire financial year. The Dresden-based company expects the positive trend from the first half of the year to continue.
GDANSK, Poland - Polish manufacturer 7Anna Group and its brands NS Bikes, Rondo and Creme Cycles, may soon have a new investor, according to news buried in an Instagram post from NS Bikes.
HASTINGS, United Kingdom - British bike brand Whyte Bikes Ltd. has changed private equity hands, from current owner Cairngorm Capital to Causeway Capital. The acquisition sees 100% ownership of Whyte transferred to Dublin-based Causeway Capital. The brand sees the move as a major step toward developing international growth.
NANTES, France - French start-up Velco is inviting the public to become shareholders as it opens its capital through a €800,000 participatory fundraising campaign. Part of the operation is hosted on the investment platform Tudigo, running from October to November 2025, with an initial target of €400,000.
BRUSSELS, Belgium - Ahooga, the Belgian folding e-bike brand, has raised €5.5 million in a new funding round aimed at developing its Max folding bike platform and expanding its international footprint.
