BERLIN, Germany - Massive discounting campaigns to reduce inventory levels in the market pushed down the average e-bike retail price and market value in Germany last year. While sales volume remained relatively stable, the revenue from bicycles and e-bikes totalled €6.33 billion, down 10.1% from €7.06 billion in 2023. This is still significantly higher than the sales value of €4 billion in 2019.
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.
SCHWEINFURT, Germany - Following a brief take-over by Austria's Pierer New Mobility, R Raymon Bicycles will now continue its journey as a 100% independently owned company under the guidance of founders Susanne and Felix Puello. Since 6 March a new chapter begins for the German bike brand. The financial details of the deal have not been disclosed by either party.
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.
The Taipei Cycle Show is one of the top three global cycling exhibitions, bringing together industry leaders, innovators, and key decision-makers. OLI eBike Systems will present its latest advancements at Hall 2 (TaiNEX 2), Booth R0720, offering an in-depth look at its advanced Pico drive system—a high-performance, cost-efficient motor designed for the modern e-bike market.
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 However, the full results for the 2024 financial year will not be published until March 26.
SKI, Norway - Just south of Oslo, the first highly automated tyre factory of reTyre has been completed after a construction period of 10 months. "We are the world's first tyre company that can injection-mold tyres instead of manual vulcanization," said eTyre COO Alexander Gjendem Gjørven, who has raised more than 200 million Norwegian kroner (€17.2 million) for reTyre.
KOBLENZ, Germany - D2C-sales and custom-building - is that a match? Perhaps it is no coincidence that D2C bicycle supplier Canyon Bicycles GmbH is launching a worldwide custom bike program named "MyCanyon" shortly before opening its own Canyon Bicycles Munich Store. To get the message of the new program out the company even hired some renowned artists.
MUNICH, Germany - Last year, Decathlon Germany announced an expansion of its digital marketplace portfolio with both the Sushi branded e-bike range from Sushi Mobility GmbH as well as remanufactured e-bikes from refurbisher Rebike Mobility GmbH. Now the sporting goods retailer is strengthening its collaboration with Rebike with a new shop-in-shop retail concept.
BERINGEN, Belgium - The acquisition of Nukeproof by Belgian Cycling Factory (BCF) as the company announced last week is a critical part of its long-term strategy plan called Horizon 2030. "Building a leading position on the MTB market is an essential part of our long-term vision," explains Belgian Cycling Factory CEO and owner Joachim Aerts. "With Nukeproof we have gained an important position in the market."
MUNICH, Germany - The integration of ergonomic bicycle component company SQlab into the Boards & More Group has been full completed. This process took three years to complete and includes SQlab's relocation to Oberhaching, where the Boards & More Group offices are located.
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.
AMSTERDAM, the Netherlands - E-bikes continue to be the driving force for the Dutch market. The total e-bike market volume ended at 409,467 units, representing a market share of 47.7%. The total number of bicycles and e-bikes combined ended at 858,126, down from 919,101 in 2023. This year, the national industry association RAI Vereniging included fatbike sales for the first time in their annual report which has resulted in a major shift in the statistics.
BERLIN, Germany - Germany as a manufacturing base might not be the most logical choice for the bicycle industry when looking at the rising cost of labour. The strategic location in central Europe and the long heritage of production and engineering has always given the country a strong position in the industry. A group of industry leaders spoke out whether Germany is losing its appeal as a business location for bicycle companies or 'Made in Germany' is a concept for the future.
COPENHAGEN, Denmark - As Scandinavia's primary tradeshow for both consumers and industry participants, the Copenhagen Bike Show 2025, continues to grow. Held in the first weekend of March, this year's edition set new records for both visitor and exhibitor numbers.
Once upon a time, back when I was just a young lad, there was a song my brothers and I occasionally heard on the radio - a song that seemed to cast a spell over us. We didn't know what it was about, nor could we name the band, but something about it was almost magical. And this was before we'd even seen the music video! That song became iconic - a symbol of our youth - resonating with us deeply despite remaining a mystery for years.
MÜHLTAL, Germany - Riese & Müller is setting new standards in sustainable logistics by becoming the first bicycle manufacturer to adopt reusable packaging for e-bike shipments across Europe. Following successful multi-month trials, the BikeBox will now be the standard packaging for over 1,000 dealers in Europe, significantly reducing environmental impact.
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.