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Left and right the current managing partners and GM’s Andreas and Christian Hämmerle. Pictured here is also Heinz Hämmerle who retired in 2008. The Simplon management refused to comment on the take-over. – Photo Jo Beckendorff

Simplon Taken Over by Private Equity Company

HARD, Austria - Last week private equity firm Hannover Finanz GmbH acquired a majority stake in Austrian bicycle producer Simplon Fahrrad GmbH. The...

In France Intersport has over 600 stores and realizes an annual turnover of € 1.5 billion. – Photo Intersport

Intersport Expands Bike Production in Machecoul

MACHECOUL, France - The bike facility in Machecoul, France which Intersport France took over one year ago from Cycleurope, is operating better than...

Equity firm Riverside took over Y. International, a Tokyo-based bicycle retailer with 29 stores, and wants to widen the chain’s sales footprint outside Tokyo. – Photo Jo Beckendorff

Japan Bike Retail Chain Taken-Over by Equity Firm

TOKYO, Japan - Private equity firm The Riverside Company has acquired Y. International, a Tokyo-based bicycle retailer with 29 company-owned stores...

BMC-patron Andy Rihs (r.) with Thomas Binggeli at the opening of the new Stromer plant last spring. – Photo Peter Hummel

BMC Group Undergoing Reorganization with New CEO

GRENCHEN, Switzerland - BMC Group (BMC, Bergamont and Stromer) gets again a new CEO. With the start of the new year Thomas Binggeli will be replaced...

WFSGI secretary general Robbert de Kock concluded that the 2-day Forum addressed all the facets of the emerging new business model for manufacturing bikes, bike products and sporting goods. – Photo Bike Europe

New Realities in Manufacturing

TAIPEI, Taiwan - The 2nd and final day of the Forum on the Future of Manufacturing that took place earlier today in Taipei, Taiwan addressed new...

The Forum on the Future of Manufacturing started earlier today in Taipei, Taiwan where about 200 makers of footwear, sports apparel and bikes gathered at this 2-day event organized by the World Federation of the Sporting Goods Industry.  – Photo Bike Europe

Manufacturing Landscape to Change Dramatically

TAIPEI, Taiwan - That the manufacturing of (electric) bicycles, bike products and sporting goods will change dramatically in the next decade, is the...

Romania: Export Dropped in first half 2013

Romania: Export Dropped in first half 2013

BUCHAREST, Romania - Romania's bicycle industry is highly dependent on its exports to Belgium and Germany. The country's 2012 export to the two...

The super-sized Sport Scheck flagship store in Munich; four floors and 10,195 square meters with products from over 500 brands. - Photo Sport Scheck

Germany's Giant Sports Retailer Opens Flagship Store

MUNICH, Germany - On October 10th at 10am Sport Scheck's long-awaited Munich flagship store celebrated its grand opening. Germany's leading sporting...

Robbert de Kock, WFSGI Secretary General, ‘Together with other expert lead speakers we welcome three eminent authorities in the field of product manufacturing and engineering, innovative manufacturing in industrial sustainability.’ – Photo Bike Europe

Forum on the Future of Manufacturing

TAIPEI, Taiwan - What are the forthcoming countries as production base for, among others, the bicycle industry? Will production continue to shift...

Due to the drop in sales more and more French IBDs are ringing alarm bells. - Photo Isabelle Lebœuf

Dealers Suffer Most in Declining French Market

PARIS, France - Also in France the bike market was hampered by bad weather and the economy in the first half of 2013. And especially the independent...