This year, multi-sports chain store retailer and manufacturer Decathlon is continuing its expansion in Germany. Following the grand opening of its hundredth store in Nuremberg last November, Decathlon-Germany has announced its goal to operate at least 150 stores by 2027.
The announcement that Austrian Spar sold its domestic sporting goods chain Hervis, including all 134 existing stores in Austria, Slovenia, Croatia and Bavaria, marks a major shift in bicycle retail for Central Europe. The agreement, concluded this week, includes the transition of all employees. This move comes after the Austrian sporting goods retailer, which also sells a range of bicycle products, announced a "restructuring offensive."
MELBOURNE, Australia - The large geographical distance between Australia and Europe, could suggest completely different bicycle market tendencies. But is this in reality? Long-time industry watcher, business consultant and proud Australian, Phil Latz, frequently travels in Europe. Here, he evaluates the developing market and infrastructure from his perspective on both continents.
KARLSTEIN am MAIN, Germany - A sudden disruption in its customer base and subsequent legal proceedings instantly resulted in a financial challenge for the well-known lithium-ion battery manufacturer BMZ Deutschland GmbH. The company's branch, BMZ Deutschland GmbH, was forced to file for insolvency under its own administration at the local court in Aschaffenburg on 24 October.
STUTTGART, Germany - German Shimano distributor Paul Lange GmbH & Co. (PLG), a "leading importer and service partner" for Germany and seven other European countries, has absorbed Shimano Europe's custom bikewear brand Milremo. With this move, Paul Lange expands its portfolio "and reaffirms its commitment to providing customers with top-tier quality and comprehensive service in the future." No details were provided on the selling price.
BRUSSELS, Belgium — The Belgian e-bike brand is in hot water after customers called out unexpectedly long wait times and a lack of transparency from the company. It's safe to say Cowboy has had a rough start to the year, as the e-bike manufacturer has attempted to navigate a production relocation, frame recall and now backordering issue - all in the span of a few months.
