Jo Beckendorff
Jo Beckendorff is correspondent of Bike Europe, RadMarkt, co-founder of Eurobike Show Daily/ESD and Taipei Cycle Show Daily/TSD, amongst other things, and based in Munich, Germany. As a freelancer he concentrates on reporting for national and international bicycle, outdoor/sporting goods industry and retail magazines.
Contact info
- Email:
- jo@pooltown.eu
News briefsDecathlon Germany sets new sales record in 2023
Despite a challenging environment, Decathlon Deutschland SE & Co. KG – the German subsidiary of the globally active French sporting goods retailer and manufacturer Decathlon SA – closed the 2023 financial year with another sales record.
ArticleSSU: Business as usual for Tennis-Point and Internetstores – and what else?
In a joint statement, the two insolvency administrators appointed, Dr. Christian Gerloff from the Munich law firm Gerloff-Liebler Rechtsanwälte and Stefan Meyer from Ulm-based Pluta Rechtsanwalts GmbH, point out that the operational business of the two insolvent Signa Sports United (SSU) spin-offs Tennis-Point GmbH and Internetstores GmbH (alias Internetstores Group, ...
News briefsSSU: Tennis-Point insolvency will be followed by further insolvencies
According to information released after the insolvency of Tennis-Point GmbH, the parent company Signa Sports United (SSU) is preparing to open further insolvency proceedings in the coming days. Further insolvency applications for other legal entities of the SSU Group, “including Signa Sports United N.V.,” are in preparation, the company stated.
ArticleFirst SSU subsidiary files for insolvency
Rumors are swirling: While Signa Sports United (SSU) offshoot Internetstores GmbH (Addnature, Bikester, Brügelmann, Campz, Fahrrad.de, Probikeshop) is said to have informed its suppliers of impending insolvency in self-administration and British affiliate WiggleCRC is believed to have done the same in its home country, German Tennis-Point GmbH has already filed ...
ArticleRe:thinking business in the bicycle industry with resale
E-Mobility supplier Rebike Mobility’s recipe for resale success in the cycling industry, with digitalization and automation.
News briefsDecathlon opts for internal solution for Germany CEO succession
Following the promotion of long-time German CEO André Weinert to CEO for Central, Eastern and Southeastern Europe (CESEE), the French sporting goods retailer and manufacturer Decathlon has appointed Arnaud Sauret as his successor with immediate effect.
ArticleGarmin DACH strengthens marketing team
Garmin DACH’s marketing team, led by Simone Weber, has grown with the addition of four new staff members responsible for Trade Marketing, Corporate Communications, Trade Show & Event, and Athletes & Influencer Marketing. The goal of the workforce expansion, according to the company, is to “take the next steps in ...
ArticleDouble-digit sales decline at Thule Group in Q3
Thule’s net sales in the third quarter decreased by 22.8 percent to 2.14 billion Swedish kronor (€195.87m) compared to the same period in 2021. Adjusted for exchange rate fluctuations, the group’s net sales fell by as much as 29.4 percent. Operating profit amounted to SEK 193 million (€17.67m). This compares ...
ArticleShimano resists slowing demand with results above pre-Covid level
Triggered by the Russian invasion of Ukraine, global shortages in raw material and energy supply, as well as rising raw material prices, will have a direct impact on the business of Shimano Inc. Nevertheless, demand for bicycles and fishing tackle remained stable in the first three sales quarters of fiscal ...
ArticleEurobike 2023 offers exhibitors three-day B2B participation
Following this year’s Eurobike premiere in Frankfurt, organizer Fairnamic is already setting the course for Eurobike 2023 (June 21-25). In addition to the previous hall and open-air site participations, the organizer will offer for the first time – and “geared to the specific needs of exhibiting companies” – a booth ...
ArticleMips with new strategy, updated financial targets
At Capital Market Day 2022 in Stockholm on June 9, Swedish helmet technology and “Brain Protection System” (BPS) manufacturer Mips AB unveiled its new long-term strategy with updated financial targets and strategic priorities for the coming years. The reason for revising the company’s strategy and long-term financial targets is not ...
ArticleMips reports excellent first quarter
In the first quarter of fiscal 2022, Swedish helmet technology and Brain Protection System (BPS) manufacturer Mips AB reported preliminary net sales of SEK 137 million (€13.22 million), an increase of 65.1 percent year-on-year. Organic growth amounted to 48 percent during the quarter. It is mainly based on the success ...
ArticleChina’s worst Covid outbreak since Wuhan is the next threat to the supply chain
Even before the initial problems caused by the pandemic could be solved, the war in Ukraine created new ones. And now, despite all precautions, the Omicron BA mutant of Covid-19 is spreading rapidly in China. The epicenter of infection was the northeastern province of Jilin, on the border with North ...
ArticleShortages reduced Giant’s growth to 2.5% in Q3
With strong ongoing global demand for bicycles and e-bikes, Giant Manufacturing reported that its production facilities are fully loaded with orders. However, a lack of components affected the production in the third quarter, leading to an increase in consolidated sales of only 2.5 percent to 19.95 billion Taiwan dollars (€619.0m-$715.0m) ...
ArticleBike business treats Shimano to an excellent first half of its 100th anniversary year
Further Covid-related temporary plant and port closures on the one hand, and unabated high demand for bicycle products and fishing tackle on the other, gave Japan-based supplier Shimano Inc. a hard time in the first half of 2021. However, unlike in the first half of 2020 (when the supplier had ...
News briefsSRAM buys Time Sport’s pedal business from Rossignol
Groupe Rossignol had already announced the disposal of the carbon frame and fork productio assets of Time Sport International, including its RTM Composite factory, to a French-American investment and management company, the Cardinal Cycling Group. Rossignol has now found a well-known buyer for its remaining bike pedal business. the ...
- News briefs
Strong growth for Storck Bicycle
Storck Bicycle, a German bicycle manufacturer that celebrated its 25th anniversary last year, says it is satisfied with its performance in the past fiscal year and expects the current growth curve to continue. One of the reasons for the good performance was the fact that the company’s founder, Markus Storck, ...
ArticlePon reportedly sold stake in Accell at a profit
According to reports in various Dutch media, Pon Holdings sold its 20 percent stake in its big Dutch competitor, Accell Group, at the end of last year. At the time of writing, no official comment was available from either Pon or Accell.
