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Business

  • Giant’s Q1 figures show a company under stress. – Photo Giant
    Financial4 May 26

    Giant's downturn deepens amid prolonged headwinds

    Giant Group's financials continue to reflect the significant headwinds the industry is facing as the glut drags into a third year. The company reported Q1 2026 revenue of NT$12.52 billion (€336 million), down around 25% year-on-year, following steep monthly declines of more than 20% in January and 40% in February.

  • No doubt the Shanghai Show 2026 will showcase the strategy of own-brand manufacturing in more product categories. – Photo Bike Europe
    Shows & Events30 Apr 26

    Shanghai Show 2026 will showcase China's next role in supply chain

    The China Cycle Show 2026 can count on more international interest than before. Driven by the sports market and the country's fifteenth five-year plan (2026-2030), local manufacturers have recognised the value of brand building, a trend quickly being adopted by other categories. The nation's shop window to the rest of the world showcases the progress of its bicycle industry.

  • “The e-bike market in Europe is gradually stabilising, and the structural demand drivers remain urban mobility, leisure and tourism,” said Bosch eBike Systems CEO Fleischer. – Photo Bosch
    Interview30 Apr 26

    Bosch eBike Systems CEO Fleischer: 2025 marked a turning point in the market

    Volatile trade policies, a challenging market environment, unfavourable currency effects and intensified competition shaped Bosch Group's 2025 financial results. Against this backdrop, their expectations for 2025 have not been met, and sales revenue rose slightly by 4.1% after adjusting for exchange-rate effects. Bosch eBike Systems CEO Claus Fleischer gives insight into what this means for the e-bike industry.

Financial

More financial news
  • Halford’s cycling segment pulls ahead of its other divisions to come out on top for FY26 profit. – Photo Halfords
    Financial29 Apr 26

    Halford's cycling segment dominates growth performance for FY26

    British bicycle manufacturer and industry barometer Halfords Group UK reports strong performance in its bicycle segment for FY26 (April 2025 - April 2026). The Group says sales have increased across its core industries of automotive, retail and leisure, but none have seen as much progress as its cycling division, which climbed 6.4%.

  • The gravel bike is increasingly becoming a fixture in the Belgian sporting landscape, while the MTB category has been losing ground for several years. – Photo Bike Republic
    Market Report28 Apr 26

    Belgium pulling ahead of neighbouring markets with steady growth

    Contrary to almost all other European countries, the Belgian bicycle market is performing very well. After the 2022 peak, the market bounced back to a pre-pandemic level, and has not been affected by the sustained decline seen in Germany, Italy and the Netherlands. In 2025, the Belgian market even experienced a 7.1% increase to 578,737 units in total. What made this Belgian miracle?

  • Over the past year, Decathlon has expanded its presence worldwide to 82 countries, with a total of 1,902 stores. – Photo Decathlon Australia
    Financial28 Apr 26

    Decathlon grows through a tough 2025

    Decathlon S.A. reported steady growth in 2025, even as market development across the sporting goods and bicycle sectors remained uneven. The French retailer reports increased revenue and profitability. At the same time, limited disclosure around category-level performance, especially in cycling, leaves open questions about where that growth is coming from and how sustainable it may be.

  • Hydrogen-powered e-bikes were an innovative product in the early 2000s, but companies like Pragma had difficulty with scaling. – Photo Pragma
    Insolvency & Chapter 1124 Apr 26

    Hydrogen bike pioneer Pragma Industries enters liquidation

    Pragma Industries, known for its pioneering technology in hydrogen-powered bicycles, has filed for liquidation. This move, while not entirely unpredictable given the company's admitted difficulties last year, brings an abrupt end to more than two decades of work in the fuel-cell mobility sector.

  • Despite regional differences, Shimano still sees gradual progress in market inventory adjustments. – Photo Shimano
    Financial23 Apr 26

    Shimano opens 2026 with weak global sales

    The slowdown in consumer spending and market uncertainty due to the geopolitical situation is starting to surface in the financial results in the e-bike and bicycle industry. Except for the Oceanian market, Shimano reports weak retail sales worldwide. As a result, net sales in bicycle and e-bike components in the first quarter of 2026 decreased 0.7% year-on-year to 87,361 million yen, and operating income decreased 46.3% to 7,792 million yen.

  • The majority of the BMZ's activities in the e-bike business are carried out at the vast production facility in Gliwice, Poland. – Photo BMZ
    Mergers & Acquisitions22 Apr 26

    BMZ under new ownership as SKion completes full takeover

    Following approval by the antitrust authorities, BMZ has been cleared to make a fresh start under new ownership and management. The battery manufacturer is now fully in the hands of SKion GmbH and founder Sven Bauer has made way for a new CEO to steer the company as it looks to expand internationally.

More financial news
  1. Market trends

  2. Taiwan

    Taipei show tests industry outlook

  3. Market Report

    French bike market declines in 2025 as e-bike sales slow sharply

  4. Market Report

    Inventory glut tests Bulgaria's bike sector resilience

Stay up to date with the latest news

Mergers & Acquisitions

More M&A news
  • Sealing the deal at Taipei Cycle show Jerry Liu, CEO of Roxim (left) and Dan Liljeqvist, CEO Herrmans Bike Components (right). – Photo Herrmans Bike components
    Mergers & Acquisitions3 Apr 26

    Herrmans Bike Components expands into Asia with Roxim acquisition

    Finnish bicycle component manufacturer, Herrmans Bike Components, has acquired the technology and business from Taiwanese lighting specialist Roxim Technologies. The move will see Herrmans expand its presence in Asia and broaden its offering in lighting solutions. The transition is now at full speed and Herrmans will officially take over the business from 1 May.

  • DuTech Holdings Limited is a leading global systems manufacturer of security technology and ticket vending machines, and has ventured into the bicycle industry. – Photo Sprick Rowery
    Mergers & Acquisitions16 Mar 26

    DuTech Holding building a new conglomerate in the bicycle industry

    Singapore-based DuTech Holding Ltd. is rapidly snapping up a series of companies in the bicycle industry. As a global player in cash-handling machines (ATMs), the company is now also eyeing the bicycle industry, particularly in Europe. As the bicycle industry's financial position has remained weak since the aftermath of the pandemic, this strategic investor is a welcome guest for many companies.

  • Founded in 2007, Rad Power Bikes peaked in 2021, securing $300 million (€250 million) in funding in just one year. – Photo Rad Power Bikes
    United States10 Mar 26

    Life EV completes acquisition of Rad Power Bikes' assets

    United States-based electric mobility company Life Electric Vehicle Holdings (Life EV) has completed its acquisition of Rad Power Bikes' brand and operating assets. The deal marks a new chapter for the once high-flying e-bike manufacturer, and gives Life EV ownership of Rad Power Bike's brand, intellectual property, inventory and operational assets.

More M&A news

Investment

More investment news
  • The Arkansas Global Cycling Accelerator is dedicated to promoting 10 tech startups focused on cycling. – Photo Shutterstock
    Investment20 Apr 26

    Cycling startups from six countries in Arkansas accelerator program

    To leverage access to key investors, industry mentors, and strategic partnerships with leading brands, the Arkansas Global Cycling Accelerator (AGCA) has selected 10 companies for its 2026 cohort. The program is designed to help tech-enabled companies in the cycling industry explore business opportunities in the United States and Arkansas.

  • Photo Shutterstock
    Column24 Feb 26

    Strategic investors take the lead on the M&A market again

    The bicycle industry was not a preferred target for financial investors when the e-bike market entered its growth phase in 2010; its growth rate and return prospects were not as attractive as those of e-commerce companies, for example. After 2010, financial investors stepped in, but many have since left the industry. What's next?

  • Sprick Group’s longtime production site Rowery Sp. z o.o. in Świebodzin/Poland continues unchanged. – Photo Woom
    Insolvency & Chapter 1116 Feb 26

    Powerful investor secures insolvent Sprick's long-term future

    As part of a share deal with Asian Tri Star Inc. (Tri Star Group) on 12 February, the lifting of the insolvency proceedings paved the road for a restart of the more than 100-year-old traditional company, Sprick. It has been a long and tough ride for the responsible insolvency administrator, Axell Geese from Streitbörger PartgmbB. Since the traditional German bicycle producer Sprick Fahrräder GmbH filed for insolvency at the end of 2024, Geese has been searching for someone to revive the long-established bicycle manufacturer.

More investment news

Tradeshows & Events

Latest events news
  • CHC not only plays a role as secretariat at BAS (Chairman Robert Wu, pictured left), but is also supported by the Industrial Development Administration (IDA) of the MOEA, aiming to drive the industry's green transition. – Photo CHC
    technology24 Apr 26

    E-bike common protocol initiative gives Taiwan strong competitive edge

    Taiwan's bicycle industry signalled that it was entering a bold new era at this year's Taipei Cycle Show. Under the guidance of Taiwan's Ministry of Economic Affairs, the Cycling & Health Tech Industry R&D Centre (CHC) unveiled a suite of R&D achievements, highlighting the strategic integration of Taiwan's bicycle manufacturing with advanced Information and Communication Technology (ICT). A key feature was the Cycling Common Protocol Alliance (CCPA), launched to enhance system interoperability and strengthen collaboration across the bicycle and ICT industries.

  • Taiwan remains the heartland of the global bicycle market in the mid- to high-end segment, but for how long? – Photo Bike Europe
    Taiwan23 Apr 26

    Taiwan should accelerate industrial shift to maintain competitive edge

    Three years of declining business performance has not left the Taiwanese industry unscathed. After the sales peak in 2022, the industry waited for better days, citing excess inventory as the reason for the downturn. The Taipei Cycle Show 2026 made clear that many companies cannot wait any longer. "Nobody is able to wait any longer after three years of standstill," said Astro-Tech president Samuel Hu.

  • The Eurobike discussion has entered a new phase since German industry bodies announced they would organise their own trade show. – Photo ZIV
    Shows & Events21 Apr 26

    German industry rivals Eurobike with launch of international trade fair

    The debate around Eurobike has entered a new phase since German industry organisations announced they will organise "a leading international trade show" in 2027. This decision stems from a dispute between the Eurobike organiser, Fairnamic, and the German industry organisations ZIV, Zukunft Fahrrad and VSF. This latest strategic move suggests a potential return to a dual-tradeshow landscape for Europe, reminiscent of the pre-2008 era when IFMA Cologne and Eurobike operated alongside each other.

  • Sponsored
    Sponsored
    Shows & Events21 Apr 26

    Sponsored Taipei Cycle Show 2026: A stable platform in volatile times

    With the ongoing market correction still affecting purchasing decisions and budgets, and geopolitical uncertainty, including the war-related tensions, derailing international travel, the Taipei Cycle Show 2026 was never expected to be a loud, booming comeback edition.

Latest events news

Interviews

More interviews
  • Massimo Panzeri, Atala CEO, former president of CONEBI and now a board member of European Cycling Industries, shared his thoughts on the Italian bicycle industry with Bike Europe. – Photo ECI
    Interview13 Apr 26

    Atala CEO Massimo Panzeri: Rising prices and weak purchasing power stall Italian bike sales

    Price dumping, retail distress, safety and cycling culture were frequently cited as key factors behind the current downturn in the Italian e-bike and bicycle market. But what is really holding back the Italian bicycle market? Massimo Panzeri, Atala CEO, former president of CONEBI and now a board member of European Cycling Industries, shared his shocking perspective with Bike Europe.

  • “The oversubscribed IPO of last September creates ample opportunities to expand into other related products and markets,” said Dr David Hon. – Photo Bike Europe
    Executive talks7 Apr 26

    Dahon CEO: Our strategy eyes global market expansion and new segments

    Cycling can still attract interest from both institutional buyers and non-institutional investors, as the heavily oversubscribed Dahon IPO at the Hong Kong Stock Exchange showed last September. Amidst all the excitement on the exhibition floor of the Taipei Cycle Show, Bike Europe had the opportunity to speak with Dahon's owner, Dr David Hon, about his company's strategy.

  • “Our ambition goes well beyond launching new models,” says Nick Howe, head of e-bike worldwide at Segway. - Photo Segway
    Interview23 Jan 26

    Segway's ambition goes well beyond launching new e-bike models

    Long associated with self-balancing devices and shared micromobility, Segway is accelerating its move into the global e-bike market. Speaking at CES, which took place this month in Las Vegas, Nick Howe, head of e-bike worldwide at Segway, made it clear that the company's ambition goes well beyond launching new models. Segway wants to transplant proven automotive and powered two-wheeler technologies into cycling.

  • “For many people around the factory in Heerenveen, the Netherlands, Batavus was like a family company with good working conditions. So yes, it’s painful for all my colleagues in assembly that the factory is closing,” explains Menno Visser, retirement-bound project manager of Accell Group. - Photo Koos Groenewold
    Interview11 Dec 25

    Accell veteran reflects on career: "Profitability in our industry has always been challenging" 

    HEERENVEEN, The Netherlands - The final Batavus bicycles have rolled off the assembly line in the Netherlands, marking the end of an era for the Accell Group as it opts for centralised production in Hungary. It also marks the end of 45 years in the bicycle industry for Accell stalwart Menno Visser, who is now retiring. Having started at Batavus on the assembly line, he worked his way up to commercial director and spent the past years as a project manager at Accell. In an exclusive interview, he reflects on industry changes and his vision for the future.

More interviews

People

Latest people news
  • Matthias Meier takes the helm as Canyon’s new CEO. – Photo Canyon
    People23 Apr 26

    Canyon CEO hire signals operational reset

    On 1 May, 2026, there will be a new CEO at Canyon. The German bicycle manufacturer has appointed Matthias Meier to take the lead as chief executive officer at Canyon Bicycles, alongside founder and Executive Chairman Roman Arnold.

  • Jens Stahlschmidt (r.) left ZEG at his own request while CEO/CSO Fred Schierenbeck (l.) will continue to lead the strategic realignment of ZEG. – Photo ZEG
    Reorganization14 Apr 26

    ZEG takes drastic steps in strategic realignment

    Europe's largest specialist bicycle retail association, Zweirad-Einkaufs-Genossenschaft (ZEG), appointed a new board member as part of its strategic realignment. The recently appointed Matthias van de Loo has assumed the role of chief financial & chief operating officer (CFO/COO). According to the dealer cooperative, "the strategic realignment is consistently pursued, with a focus on implementation and a future-oriented approach."

  • Scott’s new co-CEO Hsuan Boon Tan (r.) together with existing co‑CEO Pascal Ducrot. – Photo Scott
    People1 Apr 26

    Youngone commits to Scott's future and appoints new co-CEO

    Scott has announced the appointment of Hsuan Boon Tan as co‑CEO, serving alongside the existing co‑CEO Pascal Ducrot. Hsuan Boon Tan will be based at the company's global headquarters in Switzerland. The company writes that, "the appointment marks the company's progression into a new phase focused on sustained growth and strengthened overall economics following a successful stabilisation period after several turbulent years for the industry."

  • For the first time in its history, Campagnolo has appointed a Board member from outside the founding family: Matteo Cassina. – Photo Matteo Cassina
    People5 Mar 26

    Campagnolo appoints industry heavyweight as first non-family member to its Board

    Matteo Cassina, the Italian manager and entrepreneur, owner of Passoni and the media platform Rouleur joins the Campagnolo Board at a pivotal moment for the component manufacturer. It signals a new phase following recent restructuring talks and labour agreements. For the first time in its history, the Italian brand has taken a significant step in its governance by appointing a Board member from outside the founding family.

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