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.
BRUSSELS, Belgium — The European cycling industry, after navigating a pandemic and the subsequently volatile market, is showing signs of a steady recovery, according to data from the Cycling Industries Europe's (CIE) annual survey among its members. Insights from the last few years of CIE surveys show a sector transitioning from cautious optimism to a more tangible stabilisation.
COLOGNE, Germany - From the start of next year, Georg Honkomp will hand over his position as chairman of the board of Europe's biggest dealer cooperative, German ZEG, to his successor Fred Schierenbeck.
