TAIPEI, Taiwan - Merida Industry Co., Ltd. reported an 8.5% year-on-year decline in consolidated revenue to NT$21.8 billion (€610 million) for the first three quarters of 2025, as weakening demand across Asia continues to weigh on the Taiwanese manufacturer's performance. Net profit for the parent company fell 18% to NT$1.44 billion (€39.5 million) during the same period, while earnings from associates, including Merida's stake in Specialized, contributed NT$511 million (€14 million).

FRANKFURT, Germany - Industry leaders have openly shared their opinions on the developments surrounding Eurobike with Bike Europe. Complaints about the show were already widely discussed during and after the last edition, but the future of the event came into full focus after the statement of the German industry bodies to pull out of Eurobike. For decades, the show seemed a fixed element in the industry calendar, but even Eurobike cannot escape the recent dramatic changes in the industry.

TAIPEI, Taiwan - In response to the renewed global scrutiny of the Taiwan industrial sector's treatment of migrant workers, the Taiwan Bicycle Association has crafted several key resolutions in an effort to increase diligence, compliance and transparency in the supply chain.

TAIPEI, Taiwan - The pressure on Taiwan to align its labour governance with international standards is increasing. The recent United States import ban on Giant Group is not seen as an isolated case. Many firms in Taiwan's manufacturing sectors, which rely heavily on high-intensity, low-wage labour, engage in practices that constitute forced labour, the Taiwan Human Rights Commission said in a statement.

CHANGHUA, Taiwan - The bicycle industry in Taiwan is implementing various measures in response to the US blockade of Giant. Also, the country's second largest bicycle manufacturer Merida has stated the company strictly complies with Taiwan's labour laws. Merida emphasised its commitment to taking decisive action to fully align with internationally recognised labour and human rights standards.

CHANGUA, Taiwan - Bicycle sales in the key European market resumed growth again resulting in accelerated clearance of older inventory and improved inventory structure, reports Merida Industry Co., Ltd. in its first half 2025 report. The US market continues to face uncertainty due to tariff policy, but strong sales performance from new products also contributed to improved earnings.