AMSTERDAM, the Netherlands - Pon Holdings has made significant strides in 2024 towards enhancing its focus on mobility through strategic investments and divestments. Despite market uncertainties, Pon Holdings recorded stable revenues of €9.9 billion, matching the prior year's results normalised for divestments.
AMSTERDAM, the Netherlands - Pon has announced the sale of Dockr, its cargo bike subscriptions system to micro mobility supplier Today in shares. "With this acquisition, we are accelerating our vision of making micromobility solutions accessible for all," said Sean Flood and David Touwsma, co-founders of Today.
PLOCHINGEN, Germany - Demand for bicycle and team sports products within the extensive product portfolio of Decathlon has been very strong in Germany last year, reports the sporting goods retail giant. Decathlon expanded their market share in the otherwise weak German bicycle market in 2024 and reported a sales increase of 8% in the category bicycles. However, exact sales figures have not been disclosed.
MASER, Italy - The brand relaunch of Sidi after the takeover by Italmobiliare Group in 2022 has turned out to be very profitable. The Italian cycling and motorcycle shoes manufacturer reports a 33.1% year-on-year growth in turnover to €31.7 million.
TAICHUING, Taiwan -Taiwan´s third-largest bicycle manufacturer Ideal Bike Corporation significantly reduced its costs in 2024, according to the limited financial information communicated by the company. However, last year's revenue of TWD 2.65 billion (€737.46 mln) still represented a year-on-year drop of 27.5%.
TAICHUNG, Taiwan - The excess inventory of Giant Group's own brands in Europe and the US in particular, continued to impact the financial performance of the company. The board of directors reported a 7.4% decline in consolidated sales to NT$71.28 bn (€1.98 bn) in 2024. While all financial indicators were negative for 2024, Giant Group remains positive for 2025.
CHANGHUA, Taiwan - For Merida Industry Co. Ltd., the excess inventory situation continues to have an impact on the financial performance. Yesterday the company reported a relatively steadily performance in 2024, with full-year revenue growing by 8.7% to NT$29.63 billion (€ 823 million). The company pointed out that the entire bicycle industry is still in the stage of destocking and inventory impairment. For Merida this means a net loss NT$732.66 million (€20.4 million) before tax which can be attributed to a one-time provision and did not affect cash flow, and it could still be used to offset taxes when profits are made in the future.
DRESDEN, Germany - After a strong final quarter in 2024, German e-commerce bicycle retailer Bike 24 Holding AG says it has not only confirmed its return to growth, but has also fully achieved its year 2024 profitability target. However, the full results for the 2024 financial year will not be published until March 26.
DULUTH, USA - The industry's ongoing channel inventory recalibration and, to a lesser extent, lower end-consumer demand are reflected in the 2024 results published by Fox Factory Holding Corp. Bicycle product sales under the Specialty Sports Group (SSG) umbrella were down in 2024 but briefly hiked by 8.3% in Q4.
BERLIN, Germany - Yamaha Motor has signed an agreement with German automotive parts manufacturer, Brose to acquire its bicycle drive unit (eKit) business subsidiary. This strategic step includes establishing a new company, Yamaha Motor eBike Systems GmbH to expand the business in Europe. The formalisation of the operation is scheduled to be completed by June 2025, subject to approval by the antitrust authorities.
MUNICH, Germany - In order to further expand its position in the market for premium pre-owned bicycles and e-bikes in France and Europe, TFJ Buycycle GmbH - creator of the German bicycle marketplace Buycycle, has joined forces with the French premium pre-owned marketplace for bicycles, Biked.
BUSETO PALIZZOLO, Italy - Lombardo Bikes has acquired Cicli Olympia, one of the oldest Italian bicycle brands, to create a production hub for bicycles made in Italy. Lombardo, founded in 1952 now counts itself as the largest bicycle manufacturer in Italy. The financial details of the deal have not been disclosed other than that it was secured entirely through Italian capital.
MILAN, Italy - The anti-lock braking systems (ABS) manufacturer for e-bikes and light electric vehicles Blubrake secured €12 million in funding to accelerate its growth. Founded in 2015, Blubrake subsequently introduced its anti-lock braking system (ABS) technology in 2018. With its next generation ABS, the company contributes to enhance braking performance, improve rider safety, and differentiate their products in an increasingly competitive market.
AMSTERDAM, the Netherlands - Fundracer as announced that Annika Fischer has joined the investment fund dedicated to future mobility as a Venture Partner. She has built a career at the intersection of finance, HR, and sustainability, reports Fundracer.
BENTONVILLE, USA - The Arkansas Global Cycling Accelerator has selected 10 innovative companies for its program from a broad pool of international applicants. These companies represent the cutting edge of cycling technology and innovation, from performance analytics platforms to e-bikes and custom manufacturing.
FRANKFURT, Germany - From 24 June to 28 June 2026, attendees from around the globe will pour into Messe Frankfurt's exhibition grounds for the world's largest bike and ecomobility trade show: Eurobike. The event organiser, fairnamic GmbH, announced the dates in late March to allow for early planning and reliability.
TUSCON, Arizona - In the week ahead of the annual industry meetup in Taiwan, the US and international leaders gathered for the Bicycle Leadership Conference. Hosted by PeopleForBikes, its president and CEO Jenn Dice welcomed the participants with the opening keynote announcing the first ever results of their 2024 market survey.
TAIPEI, Taiwan - Mixed voices were heard about the state of affairs and future of the industry at the 2025 Taipei International Cycle Show. The unpredictable outlook for the business due to the US conflicted trade war has disrupted supply chain at an unprecedented level. The initial expectation was that Taipei Cycle 2025 would indicate the first signs of an industry moving in a positive direction again. While a series of fresh initiatives were rolled out to bolster the industry's role in ESG, advocacy and future mobility, an industry wide increase in the level of orders itself remained ambiguous.
TAIPEI, Taiwan - The Taipei Cycle Show 2025 officially opened today, with the theme of Ride the Revolution. With the country's manufacturing industry looking to rebuild after a couple of very challenging years, the organisers report optimistic attendance figures.
FRANKFURT, Germany - DJI was one of the biggest newcomers on the e-bike market last year creating a lot of rumor during the tradeshows. What makes the e-bike market so interesting for this leading manufacturer of drones which generates a multi-billion revenue? The introduction into the e-bike market was put in the hands of drone pilot and DJI Product Experience Director Ferdinand Wolf.
MASER, Italy - Sidi Sport S.r.l., was sold by founder Dino Signori to the Milan-based investment holding company, Italmobiliare S.p.A. in 2022. Soon after the takeover of the company specialising in the production of cycling and motorcycling footwear, Davide Rossetti was appointed CEO and that marked the start of a complete overhaul of the company. What is the current status of this iconic brand?
PODGRODZIE, Poland - Based in the southeast of Poland, Romet has been in the bicycle industry for more than 75 years. Operating in a total of three factories spread out over the country, Romet holds a strong position in its home market, but is also one of the well-known players in the European OEM market. Romet president Wieslaw Grzyb is now preparing the company to take the next step on the export market, both for OEMs as well as the brand Romet.
KOPRIVNICE, Czech Republic - The long-time experience in the production of city bikes for a leading Dutch brand, gave Bike Fun International (BFI) a strong position in the expanding urban mobility cycling market. Bike Europe talked with CEO René Gasser about the manufacturer's ambition to serve the central European markets as a leading distributor, but also how they can distinguish themselves as an OEM supplier.
TREVIGLIO, Italy - As Bianchi celebrates its 140th anniversary, the Italian brand is entering a new phase of growth under new leadership. The brand has announced the appointment of Alberto Cavaggioni as CEO to oversee the company's product innovation and international expansion, effective 17 March 2025.
SEATTLE, US - Rad Power Bikes, which began as a US director to consumer brand, has appointed Kathi Lentzsch as its new Chief Executive Officer (CEO). With deep experience in transforming both consumer-facing and B2B businesses, including retail, she will oversee the company's strategic pivot to focus on physical retail.
KETCHUM, USA - CrankTank, known in the bicycle industry as expert in digital marketing and e-commerce strategy, has invested in key staff to elevate its performance. Katie Middel has been hired as client success manager.
ERKRATH, Germany - A long time coming, but Giant Deutschland GmbH has officially confirmed the appointment of a new managing mirector. As early as December 1, Alexander Gebert was appointed as the successor to Oliver Hensche, who will be available to the Giant Group in an advisory capacity until further notice. He had managed the company for 15 years.
