Bike – Page 14
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Article
Bike popularity is still growing in the Netherlands
The distance the Dutch have been traveling within their country over the last ten years has remained more or less the same, around 11,000 kilometers per person per year. However, the distance traveled on bikes has increased by 7 percent since 2004, according to the Mobility Survey 2014 of the ...
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News briefs
VeronaFiere is starting a new Italian bike show called CosmoBike,...
VeronaFiere is starting a new Italian bike show called CosmoBike, which is set to take place in Verona on Sept. 11-14, 2015. The international event, created by Paolo Coin, who previously ran ExpoBici, will focus on the ongoing evolution of the bicycle, including new materials and production technologies, and will ...
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Article
Dorel’s bike segment rises by 6%
Dorel Industries' Cannondale Sports Group (CSG) enjoyed strong growth in the U.K., the rest of Europe and Japan, contributing to a 6 percent organic sales increase for the third quarter in Dorel's bicycle group, which also includes the more mass-market-oriented Pacific Cycle segment. In reported dollars, the Recreational/Leisure segment of ...
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News briefs
The fourth edition of Asia Bike in Nanjing, China, saw...
The fourth edition of Asia Bike in Nanjing, China, saw a substantial growth in trade visitors. The trade show is organized as a joint venture with Messe Friedrichshafen, the host of the German OutDoor and Euro Bike shows at Lake Constance. Asia Bike ran from Oct. 9-12, with the first ...
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Short stops
Unibike, the new Spanish bike fair coming out from the...
Unibike, the new Spanish bike fair coming out from the combination of Festibike and Expobike, celebrated a successful start at its first edition in Madrid, presenting some 500 brands through more than 200 exhibitors on 15,000 square meters of exhibition space. The first day was only for trade visitors
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News briefs
Last month's Eurobike show in Friedrichshafen welcomed a total of...
Last month's Eurobike show in Friedrichshafen welcomed a total of 46,300 visitors from 111 countries, 1,100 more than the 2013 edition. It also signed up 1,852 journalists. On Saturday, when the show opened its doors to the general public, 21,100 consumers visited the fair.
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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
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
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
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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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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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
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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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
