FRANKFURT, Germany - The fragmentation in the industry is more and more hampering the development of the business. The large number of companies often operate in a limited part of the market, which makes it difficult to gather enough information. This lack of data makes it very difficult to manage the supply chain efficiently. Eurobike and Bike Europe jointly created the Global Bicycle Purchasing Index aimed at creating a benchmark for purchase and product managers.

COLOGNE, Germany - The Global Bicycle Purchasing Index (GBPI) is a new, global analysis tool for the bicycle industry. The aim is to provide regular insights into early market dynamics and trends, and thus enable well-founded decisions along the entire value chain. The GBPI is a joint initiative of Bike Europe, Eurobike organiser Fairnamic GmbH and the Institute for Retail Research IFH Cologne.

ZEIST, the Netherlands - "A Global Bicycle Purchasing Index will professionalise the sector, as we have seen before in other industries. It gives you a verified outlook on what to expect in the supply chain, and not what you have heard from your connections, rumouring around in the sector." Bike Europe talked with Jeroen Both, former chief supply chain officer and member of the board of management at Accell Group, on the launch of Bike Europe's Global Bicycle Purchasing Index (GBPI) in partnership with Eurobike.

ZEIST, the Netherlands - The last five years have shown that the bicycle industry is lacking key economic indicators on a global level. The peak in sales in 2020-2021, followed by a market adjustment in 2022 and combined with an extremely high level of orders, resulted in an exceptional surplus of inventory. The industry has still not overcome this fluctuation. An industry-dedicated Purchasing Managers Index could have avoided or at least softened this financial blow.

HEERENVEEN, the Netherlands — As part of its One-Accell strategy, Accell Group has disinvested its production facility Accell Bisiklet in Manisa, Turkey. The new owner is Bisan Bisiklet, also based in Manisa, confirms Accell Group spokesperson Uneke Dekkers. The takeover amount remains unconfirmed.

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.