OGDEN, USA - Scott recently announced the roll-out of a multichannel sales strategy including a consumer direct option. In an official statement, they have now made public that the webshop will open soon. "We aim to strengthen the brand and expand consumer reach to drive more awareness and demand for our dealer network," remarked Hap Seliga, president and CEO of Scott USA.

TAIPEI, Taiwan - The relevance of product award ceremonies at international trade shows has developed into a key communication topic. The Taipei Cycle d&i awards are a fixed event at the opening of the Taipei Cycle Show. After an intensive two-day selection process, Bike Europe sat down with four jury members and discussed how they evaluated the entries to recognise the award-winning innovations.

ZEIST, The Netherlands - The next edition of Bike Europe magazine (issue 1/2025) is now available to read online in our digital magazine section. In the run up to Taipei International Cycle Show the first cautious signs of a market recovery are there. In the past years, the industry has learned to be careful about making bold statements about market developments as these often turned out to be incorrect.

TAIPEI, Taiwan - The combined revenue of Taiwan's two largest bicycle manufacturers Giant and Merida hiked 48% year-on-year in the first two months of 2025. At the last presentation of the annual results, Giant pointed out that the most difficult period for the industry has passed and is cautiously optimistic about the market performance in 2025. This statement doesn't mean the industry's warehouses are empty again and the market has passed its rock-bottom. However, after hearing Giant and Merida's announcements, component manufacturers have breathed a sigh of relief.

Recognising the demand for better-integrated and lighter components in the e-bike market, AUTORQ has responded to industry trends. Building on its success in providing the widest range of standard bottom bracket torque sensors, the company has developed an innovative integrated hub motor torque sensor.

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 - In a circular economy it is often a challenge to find a new purpose or customers for recyclable waste. ZIPP owner SRAM had been looking for a source of the waste which comes from the production of its carbon components, including wheelsets, handlebars, stems and seat posts. This issue was addressed through their collaboration with Velo.

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.

DÜSSELDORF, Germany - Following European success in Paris, Mechelen and Berlin, French e-bike refurbishment specialist Upway has opened its second UpCenter in Germany. The location in Düsseldorf, strategically chosen for its gateway to western Europe, will facilitate furthering Upway's international growth. The company also counts two locations in the US in its growing portfolio.

TAIPEI, Taiwan - Taiwan's leading role in the international market for ICT products could play an important role in regenerating the supply chain for e-bikes. In 2017-2018 the country's bicycle industry made a successful transition to the production of e-bikes. The strong focus on this high-value product category gave Taiwan the opportunity to move forward in this innovative market. However, the strong fluctuations in supply and demand has seen Taiwan completely lose momentum in the e-bike market.

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.

LONDON, United Kingdom - The total bicycle market in the UK saw sales drop a further 2% year-on-year in 2024 to a new low this century. This latest drop continues the long post-COVID downturn which began in the second half of 2021. However, the latest figures from the Bicycle Association (BA) suggest there is light at the end of the tunnel.

For nearly four decades, Tektro has been known for its high-quality braking systems. Now, with the fully automatic E.A.S.I. A12 shifting system, TRP introduces an innovation set to make a mark on the shifting market. OEMs looking for future-proof, fully integrated systems now have the opportunity to equip their e-bikes with an automatic shifting system that combines riding comfort and durability.

The Eurobike show will bring together key players from the bicycle and ecomobility sectors in 2025. With over 200 start-ups, expanded testing opportunities, and new interactive formats, the event offers a chance to explore the latest solutions, foster partnerships, and stay informed on industry trends. The 33rd edition of Eurobike will take place at Messe Frankfurt from June 25-29, 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.