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Everything about Germany

  • “The results for the first quarter of 2026 were as expected and thus in line with guidance,” said hGears CEO Sven Arend. – Photo hGears
    FinancialYesterday

    hGears' e-bike segment further down by double-digits in Q1 2026

    High-precision gear and component manufacturer hGears AG started 2026 as expected: the publicly-traded company was aware in advance that it would not be able to achieve exceptional growth amid geopolitical uncertainties and the resulting strain on economic momentum. So even though first-quarter revenue for 2026, at €23.4 million, was 6.9% below the comparable period last year, it was still within the company's expected range.

  • Despite expansion as late as Q12025, Porsche has announced the closure of its e-bike segment, Porsche eBike Performance. – Photo Porsche
    Reorganization11 May 26

    Porsche to discontinue e-bike performance business, more than 500 jobs affected

    Porsche AG has announced it will shut down its e-bike drive-system subsidiary, Porsche eBike Performance GmbH, as part of a broader restructuring for the renowned German manufacturer.

  • For Bike24 and many others in the industry, strong business performance continues to be offset by ongoing macroeconomic uncertainty, – Photo Bike24
    Retail7 May 26

    Strong Q1 for Bike24 with localised markets up 30%

    Stock-listed e-commerce bicycle retailer Bike24 Holding AG has gotten off to a strong start in the new year. The Dresden-based company posted not only first-quarter double-digit growth, but also a significant improvement in adjusted EBITDA.

  • In-house rim production by their main customers in Germany and Eastern Europe made it difficult to develop a sustainable economic outlook for Schürmann. – Photo Schürmann
    Financial5 May 26

    Rim producer Schürmann shuts down amid economic strain

    The persistent difficulty of the economic conditions in the bicycle industry has forced German rim producer Schürmann to close down its operation.

  • Over the past year, Decathlon has expanded its presence worldwide to 82 countries, with a total of 1,902 stores. – Photo Decathlon Australia
    Financial28 Apr 26

    Decathlon grows through a tough 2025

    Decathlon S.A. reported steady growth in 2025, even as market development across the sporting goods and bicycle sectors remained uneven. The French retailer reports increased revenue and profitability. At the same time, limited disclosure around category-level performance, especially in cycling, leaves open questions about where that growth is coming from and how sustainable it may be.

  • Matthias Meier takes the helm as Canyon’s new CEO. – Photo Canyon
    People23 Apr 26

    Canyon CEO hire signals operational reset

    On 1 May, 2026, there will be a new CEO at Canyon. The German bicycle manufacturer has appointed Matthias Meier to take the lead as chief executive officer at Canyon Bicycles, alongside founder and Executive Chairman Roman Arnold.

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