All Bike articles – Page 7
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News briefs
Spanish bike sales hit the 1.5m milestone
In 2020, Spain surpassed for the first time in history the milestone of 1.5 million bicycles sold in a single year. According to figures by Ambe, the Spanish bike industry association, released in collaboration with Cofidis, bicycle sales jumped by 24.10 percent to 1,565,233 units last year. The sector’s turnover ...
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News briefsE-bikes push Giant to new records in sales and profits
Taiwan’s largest bicycle manufacturer, the Giant Manufacturing Group, reported record revenue and profits in the first quarter. Sales rose by 54.8 percent to 20.62 billion Taiwan dollars (€610.2m-$737.4m), and net profit jumped as much as 170 percent to TWD$1.7 billion (€50.3m-$60.8m). In private label (Cadex, Giant, Liv, Momentum brands), ...
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News briefsBike boom pushes Q1 sales at Dorel
Dorel Industries said revenues at its sports segment increased for the eighth consecutive quarter in the three months ended March 31, rising by 43.6 percent in reported U.S. dollars to $270 million, and by 41.5 percent in local currencies, driven by the growing global demand for bikes. The second quarter ...
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News briefs
Rose Bikes expands production in Germany
Rose Bikes, the German DTC brand of bicycles assembled in Germany, is opening a new production hall in its hometown of Bocholt to help meet a goal of expanding its output by 60 percent over the next three years, starting with a 30 percent increase by this summer. It is ...
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News briefs
Big gains in Italy’s bike consumption and production
A total of 2.01 million bicycles were sold in Italy in 2020, or 17 percent more than in the previous year, according to data provided by the Italian bike industry association, ANCMA. The coronavirus pandemic contributed to the strong increase, driving the demand for socially-distanced and sustainable urban mobility options. ...
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News briefsPOC launches first bike helmet with independent, self-powered light source
More than a year after Swedish companies POC and Exeger unveiled a technology and an idea to develop, design and manufacture a helmet with self-powered lighting at the Rouleur Classic in London, POC has now unveiled the Omne Eternal bicycle helmet. Designed to increase the cyclist’s safety on the road, ...
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News briefs
Decathlon will source bikes from a big new plant in Romania
The cycling boom has led Decathlon, which is a major player in the sector with its private-label lines, to boost its manufacturing capacity in Europe. While expanding the production in France and Portugal, it is working with a partner in Romania, the Sport Mechanical Workshop, on the establishment of a ...
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News briefs
Eurobike to take place in September 2021
The organizers of Eurobike have announced that the 29th edition of the event is scheduled to take place in Friedrichshafen on Sept. 1-4, 2021. The event will be a combined trade and public trade show. The first two days of the international bike show will be reserved for trade visitors ...
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News briefs
European bike sales to jump by 47% by 2030
A new forecast from CIE (Cycling Industries Europe), Conebi (Confederation of the European Bicycle Industry) and ECF (European Cyclists’ Federation), three industry groups based in Brussels, has predicted that Europeans will buy an extra 10 million bicycles per year by 2030. This would represent an increase of 47 percent as ...
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Article
Schuhe24 buys an online platform for bike dealers
The German Schuhe24 Group, which manages an online marketplace for independent retailers in many sectors, including sports retailers, is branching out into the hot bicycle segment by joining Bike-Angebot.de and taking over majority control. That company claims it operates the largest platform for bicycle dealers in Germany, carrying over 25,000 ...
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News briefs
Cambodia’s bike exports reach 1.5 million units
During the first three quarters of the year, Cambodia exported a total of 1.5 million bicycles, worth nearly $400 million, according to the latest figures from the country’s Ministry of Commerce and as reported by the Khmer Times. More than half were shipped to the European Union (EU), with 360,000 ...
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Article
Bike Fun changes hands, Canyon sees takeover interest
Bike Fun International (BFI), a bicycle maker based in the Czech Republic, and Consillium, a Prague-based private wealth management firm owned by Tomas Němec, have agreed on a transaction that will see Consillium acquire a 100 percent share in BFI. The deal was agreed on Oct. 1 and is expected ...
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News briefs
Zimtstern and the Swiss Bike School start cooperation
Returning to its roots in Switzerland, Zimtstern, the German-based bike clothing specialist, has entered into a long-term cooperation with the Swiss Bike School. The riding instructors from the school will be wearing Zimtstern’s mountain bike clothing with immediate effect. A special Teacher Edition has been designed for this purpose, based ...
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News briefs
The Cycle Shoe and London eBike Festival will be held in June 2021
The organizers of The Cycle Show and the London eBike Festival have announced that the combined shows will take place on June 25-27, 2021. The events will be held at Alexandra Palace in north London. The trade shows were expected to take place in April 2021, but have been postponed ...
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News briefs
Wintersteiger enters the bike maintenance sector
Wintersteiger, the leading Austrian provider of ski maintenance equipment, has entered the growing bike category as a counter-seasonal business. After two years of market research and product development, it has launched a new Bike Services division, offering a package for bike rentals that includes automatic bike cleaning as well as ...
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News briefs
Eurobike is shrinking
Physical attendance at the special Nov. 24-26 edition of the Eurobike show in Friedrichshafen will be limited to 10,000 trade-only visitors per day. Only 400 exhibitors will participate in the leading European bike show, compared with more than 1,400 in September 2019. Described by the organizers as ”The Place to ...
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ArticleWattbike to receive £11.5m in new funding
Piper, an investment firm in London, is planning to pour £11.5 million (€12.5m-$14.9m) into Wattbike, a relatively young British brand of smart stationary bikes. The deal, which may have been spurred on by Gymshark’s recent ultra-successful fund-raising, is awaiting approval from the Financial Conduct Authority (FCA), the U.K.’s financial regulatory ...
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News briefs
Nautilus introduces a leaning stationary bike
Nautilus is introducing a stationary bike that can simulate the side-to-side rocking of regular outdoor bicycles. The Bowflex VeloCore can be ridden in two modes – lean and stationary (meaning fixed) – thanks to a proprietary lock-out device, whose patent is pending. A touch screen links to the JRNY subscription ...
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News briefs
E-bike sales in Europe are expected to more than double
Sales of e-bikes in Europe grew by 23 percent in 2019, and exceeded for the first time the milestone of 3 million units sold annually. E-bike sales accounted for 17 percent of total bicycle sales last year. These figures were recently announced by the Confederation of the European Bicycle Industry ...
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News briefs
Engelhorn cooperates with Rose Bike
Engelhorn, the big German sports and fashion retailer based in Mannheim, and Rose Bike, the German bike company, have signed a cooperation agreement. In August, both partners will open a Rose Bike shop-in-shop inside the bike department of Engelhorn Sports’ big store in Mannheim. Catering to a growing demand for ...
