Orbea reports 'strong progress' despite decrease in turnover
MALLABIA, Spain - The turbulent 2023 market conditions with instability, excess supply and widespread discounting among competitors that deteriorated...
MALLABIA, Spain - The turbulent 2023 market conditions with instability, excess supply and widespread discounting among competitors that deteriorated...
MUNICH, Germany - After quickly realizing not to be able to find a buyer for the entire insolvent Internetstores Group the appointed insolvency...
ZEIST, the Netherlands - The combination of economic and political challenges created difficult times for the international bicycle industry....
SUZHOU, China - For e-drive manufacturer Bafang Electric (Suzhou) Co., Ltd, 2023 was a very challenging year. According to the company's financial...
REGAU, Austria - Contract manufacturer WSF Bicycle Technology GmbH applied for insolvency on 24 April. The challenging market situation in the...
CAMBIAGO, Italy - 2023 has been a very good year for Colnago Ernesto & C. S.r.l. looking at the publication of their 2023 financial report. The...
VIENNA, Austria - Even though the Austrian 2023 bicycle market recorded a double-digit drop in both volume and value sales compared to the previous...
BRUSSELS, Belgium - In Belgium, over 18% fewer bicycles were sold in 2023. Sales decreased from nearly 700,000 to 569,605 units, according to figures...
MOSCOW, Russia - With Western sanctions and the ever-growing isolation of Russia in the international arena, serious pressure is being put on the...
AARAU, Switzerland - This Swiss bicycle market developed in 2023 in line with other European countries. After the sales peak in 2020-2022, the market...
KOPRIVNICE, Czech Republic - Bicycle manufacturer Bike Fun International (BFI) has appointed René Gasser as its new CEO. He will take over the...
ERKRATH, Germany - When e-bikes began to make a market entrance, global brand Giant determined that innovation in integrated in-house technologies...
LUDHIANA, India - Indian bicycle OEM HMC Hive, a Hero Motor Company, has forayed into contract manufacturing with the signing of a €33 million...
WELS, Austria - Pierer Mobility Group warns for more consolidations and job losses in its bicycle and e-bike division in the year ahead in its...
PONTEDERA, Italy - The new Ministry of Enterprise and Made in Italy which has been established by the current Italian government, has approved a...
PARIS, France - The French government has called for investment projects to take the country's bicycle industry to the next level, both in quality...
VILNIUS, Lithuania - Construction company YIT Lithuania has handed over the keys of the newly built Pon.Bike bicycle factory in the Kedainiai Free...
MADRID, Spain - Bicycle production in Spain saw a 6.8% year-on-year decrease in production in February, after registering a 10.5% decrease in the...
The Taipei International Cycle Show is always a good moment to take stock of the market situation, but this year 'Taipei' prepares the business to...
Sustainability is becoming increasingly integrated into business practices in the bicycle industry. Be it at a manufacturing, distribution or company...
In a competitive market, drive system manufacturers have focused on various strategies during 2023. Development has focused on both an optimal riding...
In recent years an increasing number of bicycle companies have opted for close to market production in Europe. Spurred on by the need for a...