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Everything about Financial

  • Sales remain weak, particularly in the fox Factory’s bicycle-related SSG division, while cost-cutting is improving profitability. - Photo Fox Factory
    Financial10:26

    Fox Factory raises 2026 outlook as Q2 revenue remains under pressure

    There are still no larger signs of recovery at the publicly-traded Fox Factory Holding Corp. In its second sales quarter 2026, the US-based suspension expert posted net revenue of USD 358.12 million (€309.82 million). Compared to the same period last year, this represents a 4.5% decline. Sales remain weak in the company's bicycle component division.

  • Investments in automation and increased brand awareness are key strategies of Fujita’s IPO. – Photo Shutterstock
    FinancialYesterday

    Chinese OEM manufacturer Fujita celebrates successful IPO

    The initial public offering (IPO) of Tianjin Fuji-Ta Bicycle Manufacturer Co., Ltd. known domestically as the "Foxconn of the bicycle industry" on 6 August on the Shanghai Stock Exchange (SSE) was quite impressive. The offering price of CNY 17.46 (€2.28) soared to a high of CNY 45.45 €5.94) on the day of the IPO, but then settled down again over the course of the week.

  • The trustees are investigating whether a restart is possible. - Photo Shutterstock
    Insolvency & Chapter 1111 Aug 26

    Accell bankruptcy puts future of major bicycle brands in doubt

    The Amsterdam District Court has revoked the suspensions of payments of the Dutch Accell companies and simultaneously declared these companies bankrupt, the two court-appointed trustees announced Tuesday afternoon. The multiple attempts to keep the once giant of the bicycle industry afloat have failed, marking a dark day for the industry with ripple effects that will be felt across Europe. The scramble to secure a future for major brand including Koga, Batavus, Lapierre and Haibike is now underway.

  • Giant Group reports strong sales of the new flagship Propel aero road bike in Q2. - Photo Bike Europe
    Financial11 Aug 26

    Giant Group's revenue recovery accelerates in July

    Taiwan's largest bicycle manufacturer reports a 13% year-on-year increase in July revenue, continuing the rebound that started in Q2.

  • “The biggest opportunity is that the bicycle is no longer just a sporting product; it is becoming a core element of urban transportation,” says Fundracer Partner René Wiertz – Photo Fundracer
    Financial10 Aug 26

    Fundracer Partner René Wiertz: Investors prioritise companies with clear paths to profit

    For Fundracer Partner René Wiertz, the next decade will not simply be about selling more bicycles; it will be about making two-wheel mobility dramatically safer, smarter and more connected. "Those companies enabling that transformation are likely to create the greatest long-term value," says Wiertz. Bike Europe asked him about the market outlook from the perspective of an investment fund manager.

  • Accell Group7 Aug 26

    Lapierre and Raleigh seek separate restructuring paths following Accell insolvency

    Following Accell Group's Dutch suspension of payments, international subsidiaries are taking control of their own fate. Cycles Lapierre has filed for judicial reorganisation in France, while Accell UK & Ireland (Raleigh) has lodged a notice to appoint administrators.

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