Rosie Burgin
Editor
Editor
GENT, Belgium - Trade association LEVA-EU is inviting e-bike manufacturers and assemblers across Europe to participate in a newly launched survey. The survey is designed to gather insights on the impact of European anti-dumping duties on bicycle components imported from China, aiming to provide a clearer understanding of how these tariffs affect the industry's competitiveness, business operations, and market growth.
ROSSANO VENETO, Italy - Performance brand Wilier Triestina is adding to its expansion strategy in the Asian market. Youn Live, a Taiwanese company with which Wilier has worked for many years as a client and which was fully acquired in 2021, is being transformed into a strategic and logistical hub, becoming the centre of the brand's development in Asia and Oceania.
NUNSPEET, The Netherlands - Dutch e-bike brand Stella has been declared bankrupt, the appointed administrator Frans van Oss has confirmed. Coming quicker than expected, the bankruptcy follows the request for a delay in payments last week. Now all eyes are on a possible restart of the financially troubled e-bike manufacturer.
NUNSPEET, The Netherlands - Once claiming to be market leader in the Netherlands, e-bike brand Stella is on the verge of bankruptcy. Despite repeated financial injections from its owner DMEP, the manufacturer has now filed for a payment extension. According to DMEP, Stella can no longer achieve sustainable profitability in its current form and requires a "substantial" capital injection.
UTRECHT, The Netherlands - With the introduction of zero-emission zones from 1 January 2025, developments in the cargobike field are more relevant than ever. This was the message at the 2024 edition of the International Cargo Bike Festival (ICBF) which took place in Utrecht, the Netherlands on 25 and 26 October. With a mix of expo and conference programme the event is fully developing into something relevant for all stakeholders in the cargo bike business.
REDDITCH, England - With a current strategy of "controlling the controllables," the UK's largest bicycle retailer Halfords continues to face challenging conditions. With poor weather conditions in spring and summer affecting sales, the retailer failed to meet pre-COVID sales levels in its cycling department in the first 26 weeks of the current financial year which started 1 April.
KATOWICE, Poland - Technical expertise and efficiency take centre stage at one of the sppot's BIG3 events - Get Technical. This year, the event will be hosted by partners, Wagner, in Poland from November 20th to 21st.Wagner will also open its doors to its new state-of-the art-facility.
AMSTERDAM, The Netherlands - The Dutch Light Electric Vehicles (LEV) framework has been postponed once more, according to the RAI Association, the professional organization for (e-)bike manufacturers in the Netherlands. Initially set to take effect on January 1, 2025, the framework is now delayed until July 2025. Implementation of the new framework will have implications for amongst others, e-cargobike users in the country.
MUNICH, Germany - A premium pre-owned marketplace for bicycles is one thing, but Buycycle is now going one step further with the launch of a full range of pre-owned bike components on its platform. This move aims to fill a gap in the second-hand cycling market, making it easier for cyclists to buy and sell essential parts, the company states.
MILAN, Italy - Dutch bicycle manufacturer Accell Group painted a rosy picture in October when it announced it had improved its financial position and reduced its corporate debt in agreement with its financial stakeholders. But seeing as this financial restructuring is not due for completion until February 2025, credit ratings agency Moody's has downgraded Accell Group, citing "a very high likelihood of a default occurring over the next 6 months."