Read all about Insolvency & Chapter 11

Discussions over a long outstanding debt have resulted in Sachsenring’s insolvency. – Photo Sachsenring Bike Manufaktur

Sachsenring Bike Manufaktur applies for insolvency while market booms

SANGERHAUSEN, Germany - In the middle of the largest cycling boom ever, one of Germany's largest bicycle factories, Sachsenring Bike Manufaktur GmbH...

The unsuccessful introduction of the mid-motor and the e-step scooter eventually led to the insolvency of Metz Mecatech. – Photo Bike Europe

E-bike motor and e-scooters maker Metz Mecatech applies for insolvency

ZIRNDORF, Germany - At Eurobike 2018 Metz made its debut in the e-bike industry as a supplier of mid-motor systems. The introduction of the...

The Vivax Drive, previously known as Gruber Assist, became known as the best hidden e-bike drive system after its introduction. – Photo Vivax

Vivax e-bike drive pulled off the market

WÖRGL, Austria - While the e-bike market enjoys an unprecedented sales boom, the Austrian e-drive supplier Vivax has ceased its operation. "We are...

Go Outdoors, which is being rebought by JD Sports, had placed a greater focus on bike sales in recent years. – Photo Go Outdoors

JD Sports to reacquire Go Outdoors in UK

BURY, England - In recent years UK retailer Go Outdoors has expanded the space in its large, out of town style stores given over to cycling. Now the...

The French business lawyer Didier Poulmaire is leading the project to get consumers involved in Mavic. – Photo Michel de Chavanon

Mavic's future remains uncertain

ANNECY, France - Mavic's future remains uncertain after it was put in receivership on 2 May 2020 by the Commercial Court of Grenoble. Currently, the...

The French iconic name Mavic might be rescued. - Photo Mavic

Rescue project for Mavic started

ANNECY, France - Mavic's receivership has entered a new phase and a possible take-over is now under discussion. The renowned French business lawyer...

Mavic will continue to produce and sell products while under court observation. - Photo Mavic

Mavic placed under court observation, business activities continuing

ANNECY, France - The troubles of French bicycle part manufacturer, Mavic, have been continuing since entering receivership. The company, which has...

The traditional business of Sears slowed down dramatically over the last few years. – Photo Sears

Bike Suppliers Concerned About Sears Insolvency

CHICAGO, USA - The troubled U.S. retail giant Sears Holdings Corp. had to file for bankruptcy on October 15. On that day, the in 1886 founded company...

David Hancock, enviolo’s newly appointed President and CEO: ‘Restructuring measures led to simpler Fallbrook structure.’ – Photo Bike Europe

Fallbrook 'Emerges' From Chapter 11 Restructuring Procedures

AMSTERDAM, the Netherlands - Fallbrook Technologies emerged from restructuring under Chapter 11 on June 25, 2018. The filing for restructuring was...

The close down of the US toy chain store giant also has a direct impact on the bicycle business. - Photo Bike Europe

Toys"R"Us to Close 735 US Stores

WAYNE, USA - Yesterday the toy chain store giant Toys"R"Us announced it will close or sell all its 735 stores in the US. The financially struggling...