The Giant booth at the China Cycle 2024 attracted a lot of visitors. – Photo Bike Europe

Light at the end of the tunnel for Giant Group's revenue decline

TAICHUNG, Taiwan - Monthly financial overviews showed that Giant Group didn't make a good start in 2024. Yesterday the Giant Group reported a...

Gregory Girard has taken on the daily operation of Miche as CEO. – Photo Miche

Miche S.R.L. appoints new CEO

SAN VENDEMIANO, Italy - Shortly after the change of FAC Michelin SRL to Miche S.R.L, the company has announced the appointment of Gregory Girard as...

Managing Directors Ralf (l.) and Willi Humpert (r.) received the certificate in person from Jörg Nolte (m.). – Photo Humpert

Wilhelm Humpert GmbH honored as hidden champion

WICKEDE, Germany - The bicycle industry knows many innovative companies which often remain hidden from the general public. In Germany, the South...

ZEG has successfully demonstrated sustainability practices at its headquarters in Cologne. – Photo Bike Europe

ZEG encouraging members to seek sustainability certification

COLOGNE, Germany - As the first bicycle industry company in Germany, ZEG has successfully been recertified by European sustainability auditor, EMAS....

Orbea continues its strategy into 2024 with new product introductions in the urban mobility and light electric bike category. – Photo Orbea

Orbea reports 'strong progress' despite decrease in turnover

MALLABIA, Spain - The turbulent 2023 market conditions with instability, excess supply and widespread discounting among competitors that deteriorated...

Although not sold as a complete package, the appointed insolvency administrator was at least able to find future solutions for all relevant bicycle and outdoor/camping platforms once operating under the umbrella of Internetstores Group. – Photo Jo Beckendorff

Internetstores insolvency finalised as future of key assets are...

MUNICH, Germany - After quickly realizing not to be able to find a buyer for the entire insolvent Internetstores Group the appointed insolvency...

The ownership change is followed up with an immediate name change from ‘Nextbike by Tier’ back to ‘Nextbike’ as the company rebrands. – Photo Nextbike

Bike-sharing pioneer Nextbike changes ownership and repositions itself

LEIPZIG, Germany - Following a brief takeover by Tier, European rental bike market leader Nextbike is back on the market as an independent company...

The challenges currently faced by the bicycle industry are not exclusive, but rather common for every industry supplying consumer markets. – Photo Ralf Kindermann

'Bicycle industry still highly attractive for investors'

ZEIST, the Netherlands - The combination of economic and political challenges created difficult times for the international bicycle industry....

Alongside (e-)cargo bikes, sales of (e)folding bikes like those offered by Viennese bicycle supplier Vello also shifted up a gear in 2023. – Photo Vello Bike

E-bikes take the lead in tough Austrian bike market

VIENNA, Austria - Even though the Austrian 2023 bicycle market recorded a double-digit drop in both volume and value sales compared to the previous...

The production of Bafang e-drives is subdivided into three categories: hub motors, mid-motors and integrated wheel motors. – Photo Bafang

Bafang financial performance tempered by drastically declining exports

SUZHOU, China - For e-drive manufacturer Bafang Electric (Suzhou) Co., Ltd, 2023 was a very challenging year. According to the company's financial...