All Bike articles – Page 14
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Article
Accell sells fitness division, lifts bike sales
Warm spring weather in Europe along with robust demand for electric bicycles and high-end sports bikes again lifted half-year sales and profits at Accell Group, the Dutch company that owns Batavus, Sparta, Koga, Raleigh and Lapierre, among other bicycle brands.Accell raised its sales by just 0.5 percent to €506.2 million ...
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News briefs
Bondholders of Mitteldeutsche Fahrradwerke (Mifa), the largest bike manufacturer in...
Bondholders of Mitteldeutsche Fahrradwerke (Mifa), the largest bike manufacturer in Germany, have agreed to delay payment of interest on their bonds, originally scheduled for Aug. 12, until the presentation of a new business plan at end of October. They have appointed a Munich-based consultant, One Square Advisory Services, to negotiate ...
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Article
Biretco and Bike Total will merge
Retail members of Biretco and Bike Totaal have approved the merger of the two chains. The new powerhouse in two-wheeler retailing, which has been named Dynamo Retail Group, will operate a combined 750 bike stores in the Netherlands, Belgium and Germany. It will be the second biggest bike dealer cooperative ...
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News briefs
Trek and Scott are each recalling thousands of mid-priced bikes...
Trek and Scott are each recalling thousands of mid-priced bikes sold between 2010 and 2013 because of concerns over the SR Suntour suspension forks used on them. The recall is because the front forks, which were made in Taiwan and China, can break. The recall affects 11 models of Trek and ...
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News briefs
Scott Sports is voluntarily recalling about 8,000 Speedster bikes worldwide,...
Scott Sports is voluntarily recalling about 8,000 Speedster bikes worldwide, in cooperation with national authorities, due to a finding that the steerer tube in the front fork can break, posing a hazard. The recall involves model year 2014 Scott Speedster road bikes, the current range, including the women's model, Scott ...
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News briefs
The British Halfords Group has acquired the Boardman bike business...
The British Halfords Group has acquired the Boardman bike business launched by Chris Boardman, former Olympic and Tour de France cyclist. Halfords already has an exclusivity deal to sell the Boardman Performance Series in the U.K. and Ireland while the Boardman Elite Series is sold at selected independent cycling retailers ...
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News briefs
Eurobike's Demo Day this year will take place at the...
Eurobike's Demo Day this year will take place at the show grounds in Friedrichshafen where Eurobike 2014 will take place. Previously it ran in Argenbühl, some 50 kilometers from Friedrichshafen. The relocation has resulted in a significant increase in exhibitors for the Demo Day, which is scheduled for Aug. 26, ...
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Short stops
Interbike will introduce an awards gala event at its next...
Interbike will introduce an awards gala event at its next session in Las Vegas on Sept. 11
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Article
The German bike market fell in 2013 but e-bikes sales were up
Bike shipments in Germany to dealers dropped by 5.5 percent to a total of 3.75 million units in 2013. Sales were depressed by a long winter and a rainy summer. E-bikes, however, continued to perform strongly with sales rising by 7.9 percent to a total of 410,000 units. With these ...
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News briefs
Dahon, the folding bike company based in California, is planning...
Dahon, the folding bike company based in California, is planning to go public on the Taiwan Stock Exchange. It has also formed a new subsidiary in Taiwan that wil handle R&D, purchasing and the distribution of its products in Taiwan. Founded by David Hon, a physicist who had been working ...
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Article
Dorel’s bike segment is in the red
Dorel Industries reported that its recreational/leisure segment, which includes Cannondale, Schwinn, GT, Mongoose, Caloi, IronHorse and Sugoi, posted an increase of 8.3 percent in fourth-quarter revenues to US$245.4 million, but excluding Caloi's acquisition in Brazil, the organic sales increase was limited to 1 percent in the quarter.Restructuring costs and difficult ...
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Article
Accell’s sales are boosted by e-bikes and North America
In reporting its financial results for the past year, René Takens, chief executive of Accell Group, indicated that it may use the €20 million earned from last month's sale of Hercules to ZEG for other acquisitions. it will actively seek potential acquisitions that are a good fit with its profile ...
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Short stops
Gore Bike Wear gets two iF product design awards...
Gore Bike Wear gets two iF product design awards for its Oxygen and Oxygen SO jerseys
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Short stops
Bike Europe reports on the insolvency of Pantherwerke, a German bike...
Bike Europe reports on the insolvency of Pantherwerke, a German bike producer, adding information on the continuation of the manufacturing process through another company partly owned by the Schminke family
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Short stops
Thule will launch a new bike campaign for end consumers...
Thule will launch a new bike campaign for end consumers and retailers in the autumn of this year and plans other marketing activities together with local retailers in Europe and Asia
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News briefs
Two rival Spanish bike fairs, Festibike and Expobike, have decided...
Two rival Spanish bike fairs, Festibike and Expobike, have decided to join forces through a new exhibition, Unibike, that will be organized by Ifema and held at Madrid's fairgrounds next Sept. 19-21. The agreement was facilitated by Ambe, the Spanish bicycle manufacturers' association.
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News briefs
Specialized has decided to pull out of the Eurobike show...
Specialized has decided to pull out of the Eurobike show and to invest more in a sales meeting for its European dealers in an attractive setting where they can also test its new products. On the other hand, ZEG, the big German cooperative of bike dealers, has decided to show ...
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News briefs
Sportair is launching Bikexpo, a new B2B bike fair for...
Sportair is launching Bikexpo, a new B2B bike fair for the French market, that will be held for the first time on Sept. 9-10, 2014 in Lyon at the same time and the same venue as Sport-Achat, its well-established generic sports trade show. The organizers point out that many distributors ...
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Article
Dorel sees a turnaround in the bike market
Dorel Industries sees the global bicycle market tending toward stabilization after a decrease so far this year due to poor weather conditions in the spring. While bike dealers are playing a cautious hand in replenishing their pre-season inventory, sales rebounded slightly during the third quarter ended Sept. 30 in the ...
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News briefs
Held on Oct. 10-13, the first free-standing Asia Bike trade...
Held on Oct. 10-13, the first free-standing Asia Bike trade show in Nanjing was apparently more successful than its two previous editions, when it was held at the same time as Asia Outdoor at the end of July. The timing was an important factor. The number of exhibiting brands was ...
