Bike – Page 8
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News briefs
European bike sales to jump by 47% by 2030
A new forecast from CIE (Cycling Industries Europe), Conebi (Confederation of the European Bicycle Industry) and ECF (European Cyclists’ Federation), three industry groups based in Brussels, has predicted that Europeans will buy an extra 10 million bicycles per year by 2030. This would represent an increase of 47 percent as ...
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Article
Schuhe24 buys an online platform for bike dealers
The German Schuhe24 Group, which manages an online marketplace for independent retailers in many sectors, including sports retailers, is branching out into the hot bicycle segment by joining Bike-Angebot.de and taking over majority control. That company claims it operates the largest platform for bicycle dealers in Germany, carrying over 25,000 ...
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News briefs
Cambodia’s bike exports reach 1.5 million units
During the first three quarters of the year, Cambodia exported a total of 1.5 million bicycles, worth nearly $400 million, according to the latest figures from the country’s Ministry of Commerce and as reported by the Khmer Times. More than half were shipped to the European Union (EU), with 360,000 ...
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Article
Bike Fun changes hands, Canyon sees takeover interest
Bike Fun International (BFI), a bicycle maker based in the Czech Republic, and Consillium, a Prague-based private wealth management firm owned by Tomas Němec, have agreed on a transaction that will see Consillium acquire a 100 percent share in BFI. The deal was agreed on Oct. 1 and is expected ...
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News briefs
Zimtstern and the Swiss Bike School start cooperation
Returning to its roots in Switzerland, Zimtstern, the German-based bike clothing specialist, has entered into a long-term cooperation with the Swiss Bike School. The riding instructors from the school will be wearing Zimtstern’s mountain bike clothing with immediate effect. A special Teacher Edition has been designed for this purpose, based ...
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News briefs
The Cycle Shoe and London eBike Festival will be held in June 2021
The organizers of The Cycle Show and the London eBike Festival have announced that the combined shows will take place on June 25-27, 2021. The events will be held at Alexandra Palace in north London. The trade shows were expected to take place in April 2021, but have been postponed ...
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News briefs
Wintersteiger enters the bike maintenance sector
Wintersteiger, the leading Austrian provider of ski maintenance equipment, has entered the growing bike category as a counter-seasonal business. After two years of market research and product development, it has launched a new Bike Services division, offering a package for bike rentals that includes automatic bike cleaning as well as ...
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News briefs
Eurobike is shrinking
Physical attendance at the special Nov. 24-26 edition of the Eurobike show in Friedrichshafen will be limited to 10,000 trade-only visitors per day. Only 400 exhibitors will participate in the leading European bike show, compared with more than 1,400 in September 2019. Described by the organizers as ”The Place to ...
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ArticleWattbike to receive £11.5m in new funding
Piper, an investment firm in London, is planning to pour £11.5 million (€12.5m-$14.9m) into Wattbike, a relatively young British brand of smart stationary bikes. The deal, which may have been spurred on by Gymshark’s recent ultra-successful fund-raising, is awaiting approval from the Financial Conduct Authority (FCA), the U.K.’s financial regulatory ...
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News briefs
Nautilus introduces a leaning stationary bike
Nautilus is introducing a stationary bike that can simulate the side-to-side rocking of regular outdoor bicycles. The Bowflex VeloCore can be ridden in two modes – lean and stationary (meaning fixed) – thanks to a proprietary lock-out device, whose patent is pending. A touch screen links to the JRNY subscription ...
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News briefs
E-bike sales in Europe are expected to more than double
Sales of e-bikes in Europe grew by 23 percent in 2019, and exceeded for the first time the milestone of 3 million units sold annually. E-bike sales accounted for 17 percent of total bicycle sales last year. These figures were recently announced by the Confederation of the European Bicycle Industry ...
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News briefs
Engelhorn cooperates with Rose Bike
Engelhorn, the big German sports and fashion retailer based in Mannheim, and Rose Bike, the German bike company, have signed a cooperation agreement. In August, both partners will open a Rose Bike shop-in-shop inside the bike department of Engelhorn Sports’ big store in Mannheim. Catering to a growing demand for ...
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News briefs
Eurobike goes hybrid
Eurobike is going for a hybrid offline/online format. It will be a purely B2B event. The physical trade show will take place in Friedrichshafen from Nov. 24 to 26 instead of September. On the other hand, Messe Friedrichshafen will hold a digital conference on Sept. 1, calling it the “Bike ...
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ArticleAccell benefits from a strong bike market
The post-Covid bike market is going strong in Europe, as indicated by a business updated released by Accell Group, although it seems that the boom is mostly affecting bicycles used for transportation rather than sport, as indicated also by a recent report by the NPD Group on the bike market ...
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News briefs
Italy registers booming bike sales
Bicycle sales in Italy have jumped by 60 percent since bicycle shops reopened after the lockdown on May 6, as compared to the same period of 2019. According to data released on June 9 by Ancma (Associazione Nazionale Ciclo Motociclo Accessori), the sector’s trade association, Italians bought 540,000 units in ...
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News briefs
Schöffel diversifies into bikewear
Schöffel, which has been focusing on outdoor and ski clothing, is making its entry into the bicycle clothing sector with a dedicated collection for spring/summer 2021. Comprising 46 items for men and women, and divided into three segments – Gravel, Trail and Travel – it was developed by the German ...
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News briefs
Swedish crash test of bike helmets yields strange results
Hövding was rated as the best bike “helmet” based on a series of crash tests conducted by a Swedish insurance company, Folksam. The second best one was a relatively cheap MIPS helmet from Biltema, a chain of car accessories. While Hövding’s head cover, called the Chief, is not really a ...
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Article
Dorel rides well on higher demand for bikes
Dorel Sports, the bike division of Dorel Industries, is one of the few businesses that managed to grow through the pandemic. It registered revenues of $188.2 million for the first quarter, representing a 2.0 percent increase from the same quarter a year earlier, driven by strong performances at the Cycling ...
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News briefs
Eurobike postponed, altered
As Germany has a ban on major events until Aug. 29, logistics will preclude opening the Eurobike show on schedule, just two days later, to run Sept. 2-5. Instead, there will be a one-off Eurobike Special show – a “pure B2B concept,” not open to the public – on Nov. ...
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News briefs
Bikester opens store in Stockholm
Bikester opened its first brick-and-mortar Nordic shop in Stockholm on March 13. The 725-square-metre store is located at Uddvägen 5 in the Sickla shopping district. Internetstores, the German-based online retailer of bike and outdoor products which is Bikester’s parent company, said that the new physical store is part of the ...
