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Everything about Financial

  • A former professional road racing cyclist, David Vitoria co-founded the Spanish high-performance bicycle brand in 2012 alongside his brother, José Vitoria. – Photo Berria Bikes
    Financial11 Sep 26

    Berria Bikes on growth path as revenue spikes 18%

    Spanish company, Berria Bikes which specialises in high-performance bicycles, has achieved an 18% increase in revenue (July 2025-June 2026) and is seeking to expand its market reach in the Iberian market through a new partnership program with independent bicycle retailers. As it enters a new phase of growth, the brand will also look to expand its foothold in international markets.

  • The combined operations of Swapfiets and Dance has more than 75,000 e-bikes across 45 cities. – Photo Swapfiets
    Financial1 Sep 26

    Pon-owned Swapfiets cuts losses to €7 million

    Swapfiets continued its path towards profitability in 2025, with the Amsterdam-based bicycle subscription company nearly halving its net loss while increasing revenue. CEO Marc de Vries says the company could reach profitability if the current trend continues.

  • USWE focuses mainly on hydration, carrying equipment and riding apparel, particularly for MTB, gravel and bikepacking. – Photo USWE
    Financial28 Aug 26

    USWE revenue down double digits while shifting to dealer-direct distribution

    USWE Sports Group's shift from distributor sales towards a higher proportion of direct sales to retailers weighed on its first-quarter performance. The Swedish outdoor and sports equipment supplier reported an 18% year-over-year decline in currency-adjusted net revenue for the first quarter of its 2026/2027 fiscal year.

  • Under judicial reorganisation Lapierre enters a new stage focused on continued operations and bringing in a long-term industrial or financial investor. – Photo Lapierre
    Financial26 Aug 26

    Lapierre takes a step towards Accell independence

    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."

  • Generational transition at Taiwan’s components manufacturer Sun Race Sturmey-Archer. – Photo Sun Race
    People26 Aug 26

    SunRace Sturmey-Archer founder hands over leadership

    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 site in Saint-Lô, France, which was originally built for Mobiky, is at the centre of an ongoing dispute. – Photo Rebirth Group
    Financial21 Aug 26

    Rebirth Group's consolidation gamble faces crucial test

    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.

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  1. UPDATED: Lapierre and Raleigh seek separate restructuring paths following Accell insolvency
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