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Bike24 is forecasting sales growth of between 1-5% for 2024 as a whole. – Photo Bike 24

Online retailer Bike24 slowly returning to growth in 2024

DRESDEN, Germany - Encouragement can be found in German e-commerce bike, running and swimming sports retailer Bike24 Holding AG's first quarter...

Bike24’s total sales were down -16% to €61.1 million in the third quarter due to persistently poor consumer sentiment in the core market DACH. - Photo Bike24

Bike24 reports Q3 sales drop but foresees comfortable inventory level

DRESDEN, Germany - German e-commerce outlet Bike24 Holding has reported a 16% drop in total sales to €61.1 million in Q3, despite full bike sales...

Despite all ongoing challenges, the Dresden-based online-retailer is confident that the high level of inventories in the market will go back to normal in the second half of 2023. – Photo Bike24

Online player Bike24 hit hard by high inventories

DRESDEN, Germany - In its latest financial statement, online retailer Bike24 Holding AG speaks of a "persistently uncertain economic environment"...

BIKE24 was founded in Dresden in 2002 by CEO Andrés Martin-Birner, Falk Herrmann and Lars Witt. – Photo Bike24

BIKE24's international strategy paying off, new markets on the cards

DRESDEN, Germany - E-commerce specialist, BIKE24, reports that it has "solidly navigated the first half of 2022" with full-bike sales up by 12%...

Following a successful IPO this year, Bike24 is continuing with expansion plans in Southern Europe. - Photo Bike24

Bike24 reports strong first half year results despite high IPO costs

DRESDEN, Germany - Bike24 Holding AG - the German e-commerce bike, running and swimming sports retailer that has been trading on the stock exchange...