Shimano Q3 report shows delay in recovery of component market
OSAKA, Japan - Market recovery hasn't come as rapidly as Shimano had still foreseen in its first half year results published in July. The Q3 results...
OSAKA, Japan - Market recovery hasn't come as rapidly as Shimano had still foreseen in its first half year results published in July. The Q3 results...
The fact that a major player like Accell Group has been struggling under a burden of heavy debts gives a clear indication of the difficulties in the...
MILAN, Italy - Dutch bicycle manufacturer Accell Group painted a rosy picture in October when it announced it had improved its financial position and...
AMSTERDAM, The Netherlands - Bike subscription service Swapfiets, will celebrate its ten-year anniversary on November 7. Under the guidance of Pon...
WELS, Austria - As a result of the market circumstances for e-bikes, bicycles and motorbikes, Pierer Mobility will fall short of expectations in...
GURUGRAM, India - E-bike and e-scooter manufacturer Hero Electric is entering a troubling phase as its dealers seek settlement of pending dues...
TAIPEI, Taiwan - Overall e-bike exports from Taiwan grew 5% between Q1 and Q2 of this year, according to the latest customs data. However, exports to...
ZEIST, The Netherlands - Between April and June this year, the number of e-bikes imported into the EU rose to 223,000 units almost matching the same...
FRANKFURT, Germany - The fact that the US e-bike market is lagging behind European counterparts is well-known within the industry. A forecast based...
ZEIST, The Netherlands - With 81,353 e-bike units imported into the EU-27 in the month of May, this almost matches the 83,000 units imported in the...
LONDON, UK - Award-winning e-bike brand Gocycle has started a crowdfunding campaign to launch its new range of urban folding bikes. Founder and CEO...
BRUSSELS, Belgium - The omnichannel brand Cowboy has announced a new strategic investor. Cypress Capital is leading a €5 million financing round...
WELS, Austria - According to Pierer Mobility AG volatile and difficult economic conditions led to a negative first half 2024 result. The company also...
FRANKFURT, Germany - Apprenticeship years are not master years - Taiwan's electronics giant Darfon Electronics Corp. also learnt this when entering...
DHAKA, Bangladesh - Known as a manufacturer of textiles, garments, lingerie and chemicals, Panam Group diversified into the production of bicycles a...
ROMILLY-SUR-SEINE, France - Grégory Trébaol, founder of the Rebirth Group, has become the new owner of Cycleurope Industries SAS based in...
UTRECHT, The Netherlands - 80% of bicycle industry representatives in a recent survey stated that their companies are taking a strategic approach to...
DHAKA, Bangladesh - A growing number of suppliers of bicycles and various components to the European market have recently invested in production in...
Whereas spring 2023 didn't offer an upturn in e-bike and bicycles sales, setting the course for much of the rest of the year, market indicators are...
Undeniably European e-bike sales took a step back last year. In 7 European countries who already reported their market statistics for 2023, the total...
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...