All Bike articles – Page 4
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News briefsGarmin Q2 net profit benefits from interest income, currency gains
Boosted by more than $29.6 million in interest income and gains on foreign currency, Garmin posted 11.7 percent net income growth to $287.9 million from $257.9 million. Without the two gains, the group’s profit would have been essentially flat for the period ended July 1. Second quarter operating income fell ...
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News briefsUvex Sports Group switches to selective distribution in Europe
Uvex Sports Group (USPG), the parent of the Uvex and Alpina brands, announced that it will be introducing a selective distribution system in Europe from January 2024. Through the new partner program, only certified dealers will have access to the product range. According to an in-depth analysis by the USPG, ...
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News briefsSSU adds former Accell Group CEO to board of directors
Signa Sports United N.V. (SSU), an NYSE-listed sports e-commerce company with businesses in cycling, tennis, outdoor and team sports, announced the appointment of Anthonie Anbeek to its board of directors, effective April 1, 2024. Anbeek, an experienced consumer products and cycling executive who most recently served as CEO of bicycle ...
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ArticleKoroyd grows with new HQ, new hires and brand relaunch
Koroyd, a Monaco-based company offering an advanced impact protection technology, announced significant strategic growth developments across the company, including a move to an expanded headquarters, new hires across the business, a complete relaunch of its brand identity and messaging, and category growth in key markets. Over the past 18 months, ...
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ArticleSSU lands €150 million in funding, says worst of market disruptions are over
Signa Sports United (SSU), while bracing for less-than-stellar FY23 results impacted by macroeconomic headwinds and high industry inventory levels, is taking steps to generate €100 million in Ebitda savings by FY25 and less operational complexity in FY24 that will return it to profitable, long-term growth. Meanwhile, the Germany-based e-commerce company, ...
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News briefsWattbike takes part in cycling event at first Olympic Esports Series
Wattbike, the U.K.-based specialist in indoor bikes, supported the cycling event at the first-ever Olympic Esports Series (OES), which took place in Singapore on June 22-25. The cycling event was held on June 23 as a team event over six different races, with players scoring points for their teams depending ...
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News briefsECE completes €12 million sports and leisure project in Viennese shopping mall
Source: ECE/Meyer Boulder wall at G3 Shopping Resort Gerasdorf The German retail property company ECE Marketplaces has successfully completed an extensive project for the expansion of the G3 Shopping Resort Gerasdorf, a shopping center on the outskirts of the Austrian capital of Vienna. On an area of ...
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News briefsSafilo reshuffles top management for North America and Sports division
The Safilo Group has announced two top management appointments at its North American and sports division – two strategic areas for the group representing the company’s largest regional market and its fastest-growing segment. Francesco Rinaldi Ceroni was promoted to the position of President of Safilo’s Global Sports Division, whose portfolio ...
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News briefsPOC with new Head of Sales EMEA
Source: POC Oliver Coxhead POC, the manufacturer of snow sports and cycling helmets, goggles, protective equipment and apparel founded in Sweden in 2005, continues to expand its presence in key markets, adding important roles to its European and international sales organization. Oliver Coxhead, the current Country Manager ...
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News briefsBelgian start-up Gofluo raises €1 million for international growth
Belgian start-up Gofluo has received €1 million to accelerate business growth and expand into the USA, France and Germany. Four experienced business angels and venture capital fund Freshmen, which is already a shareholder, participated in the funding round. The innovative, female-run fashion brand was founded in 2018 by Julie Vets. ...
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News briefsRevo opens flagship store in Barcelona
Californian sunglasses company Revo, founded in 1985, has opened its first flagship store in Barcelona, Spain. The store is located in Baixada de la Llibreteria in the Gothic Quarter, one of the city’s most charming and lively neighborhoods. The newly opened store will feature the company’s full line of eyewear ...
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News briefsPeloton recalls 2.2 million bikes, share price drops
In conjunction with the U.S. Consumer Product Safety Commission, the connected fitness company Peloton is recalling 2.2 million of its model PL01 bikes due to a potentially faulty seat that caused a reported 13 injuries to consumers that included a fractured wrist, lacerations and bruises. Source: Peloton ...
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News briefsIronman and L’Equipe Group form new partnership in France
Ironman and L’Equipe Group have announced a new broadcast partnership that will see L’Equipe provide live coverage in France for 12 Ironman races in 2023. These will include both the men’s and women’s editions of the VinFast Ironman World Championship triathlon in Nice, France – the first time since the ...
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News briefsWattbike appoints Stephen Loftus as new CEO
As previously reported, Wattbike recently appointed Greg Nieuwenhuys as its new chairman. The U.K.-based specialist in indoor bikes has now announced another leadership change, with Richard Baker stepping down as the company’s CEO. Baker will remain involved with the brand as a special advisor to the board. Stephen Loftus, most ...
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ArticleIntersport Austria continues to push the bike segment
Despite a moderate winter and partly mild temperatures, the winter business went well for Intersport Austria. In the first half of the fiscal year (Oct. 1, 2022 - March 31, 2023), the Austrian retail group reports sales of about €380 million, up 5 percent from the previous year. Among the ...
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News briefsWattbike appoints Greg Nieuwenhuys as new chairman
Wattbike, the U.K.-based specialist in indoor bikes, has announced the appointment of Greg Nieuwenhuys as its new chairman, effective immediately. Nieuwenhuys is currently chairman of Mammut Sports Group. He was previously CEO of U.K. retailers Cotswold Outdoors, Snow+Rock and Runners Need. He also led Bever, the largest outdoor retailer in ...
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News briefsSpanish bike-rental company has big plans
Rookfy, a bicycle-rental platform in Spain, enjoyed a satisfactory debut last year, according to chief technology officer Santiago Alonso, who spoke with CMDsport. The young company has recently added the retailer Escapa to its marketplace and joined the Spanish Association of Brands and Bicycles (Ambe). In an interview with Joanseguidor.com, ...
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News briefsFitnessBoutique introduces an exercise bike made in France
FitnessBoutique is introducing an exercise bike manufactured in France, Sport Guide has reported. French-based FitnessBoutique, part of N4Brands, is a retail company specializing in fitness equipment and food supplements that sells both online and offline. The new home bike, which will start retailing in March, is dubbed André Martin after ...
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News briefsNational Cycling League enters strategic partnership with Wahoo Fitness
The U.S. National Cycling League (NCL) announced a two-year strategic partnership with endurance athlete fitness technology company Wahoo Fitness. The NCL’s two mixed professional cycling teams – the Denver Disruptors and the Miami Nights – will train and compete exclusively with Wahoo products and software. In addition, Wahoo will sponsor ...
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News briefsTechnogym introduces indoor bike for several connected training apps
Technogym has announced the launch of Technogym Ride in the U.S. market. The Technogym Ride is the first bike with a 22-inch screen that allows users to easily access their favorite training apps and content with a single login, including Zwift, Strava, Rouvy, Training Peaks, and entertainment apps such as ...
