Colnago reports sales hike and drop in inventory
CAMBIAGO, Italy - 2023 has been a very good year for Colnago Ernesto & C. S.r.l. looking at the publication of their 2023 financial report. The...
CAMBIAGO, Italy - 2023 has been a very good year for Colnago Ernesto & C. S.r.l. looking at the publication of their 2023 financial report. The...
PARK CITY, USA - Only two and a half year after the three founders sold Kona Bicycles to Kent Outdoors, the new owner has put the iconic Canadian...
OSAKA, Japan - Bicycle component manufacturer Shimano reports that demand for bicycles continued to be weak at the start of the year. In the first...
PARK City, Utah - Kona Bicycles was a noticeable last-minute absence at this week's Sea Otter event in California. The brand pulled down their booth...
AMSTERDAM, The Netherlands - Following a historic year in 2022, the bike division of Pon Holdings has reported a 5% drop in 2023. Referring to the...
GIVISIEZ, Switzerland - The announcement by Scott Sports Group SA majority shareholder Youngone Corporation to lay-off its CEO and minority...
BRUSSELS, Belgium - In Belgium, over 18% fewer bicycles were sold in 2023. Sales decreased from nearly 700,000 to 569,605 units, according to figures...
MOSCOW, Russia - With Western sanctions and the ever-growing isolation of Russia in the international arena, serious pressure is being put on the...
AARAU, Switzerland - This Swiss bicycle market developed in 2023 in line with other European countries. After the sales peak in 2020-2022, the market...
MILAN, Italy - The 2023 bicycle market in Italy closed with a 23% year-on-year decline in sales volume. Italy's bicycle industry association ANCMA...
KOPRIVNICE, Czech Republic - Bicycle manufacturer Bike Fun International (BFI) has appointed René Gasser as its new CEO. He will take over the...
ERKRATH, Germany - When e-bikes began to make a market entrance, global brand Giant determined that innovation in integrated in-house technologies...
LUDHIANA, India - Indian bicycle OEM HMC Hive, a Hero Motor Company, has forayed into contract manufacturing with the signing of a €33 million...
WELS, Austria - Pierer Mobility Group warns for more consolidations and job losses in its bicycle and e-bike division in the year ahead in its...
VILNIUS, Lithuania - Construction company YIT Lithuania has handed over the keys of the newly built Pon.Bike bicycle factory in the Kedainiai Free...
MADRID, Spain - Bicycle production in Spain saw a 6.8% year-on-year decrease in production in February, after registering a 10.5% decrease in the...
SAINT QUENTIN, France - In order to supply its European based e-bike manufacturers swiftly and with shorter lead times, Yamaha Motor Europe opened a...
TAICHUNG, Taiwan - Operating a production facility in Taiwan and Vietnam, plus service centers in Italy and the United States, Glory Wheel (GW) has...
The Taipei International Cycle Show is always a good moment to take stock of the market situation, but this year 'Taipei' prepares the business to...
Sustainability is becoming increasingly integrated into business practices in the bicycle industry. Be it at a manufacturing, distribution or company...
In a competitive market, drive system manufacturers have focused on various strategies during 2023. Development has focused on both an optimal riding...
In recent years an increasing number of bicycle companies have opted for close to market production in Europe. Spurred on by the need for a...