International
Lithuanian Factory Continues Pon.Bike Growth
Kėdainiai, Lithuania Dutch bike giant Pon.Bike has announced it will build a new factory Lithuania, as the company steps up its production capacity in a number of countries. The Lithuanian factory is scheduled to open in 2024 and will be capable of scaling up to produce 600,000 bikes annually for several of its brands, including…
Industry Demands Crackdown on “Bikes Built to Fail”
Denver, US An alliance of US bike stores, mechanics and cycling advocates has launched a campaign to end the manufacture of what they call “built-to-fail bicycles”. The campaign, spearheaded by the program director of Denver-based cycling advocacy group Bikes Together, includes an online petition calling upon cycling industry manufacturers to “stop producing and selling bikes…
BikeExchange Purchase Set to Deliver Massive Growth for Kitzuma
North Carolina, US BikeExchange Limited’s recent purchase of US-based ready-to-ride bike delivery and logistics business Kitzuma is set to bring fast and substantial growth for both organisations, according to executives from the two parties. Melbourne-headquartered BikeExchange is listed on the Australian Stock Exchange under the code BEX. The US$3.375 million ($A4.75 million) purchase, announced on December…
Trek Adds More Stores in US and Australia
Waterloo, Wisconsin, USA Trek Bicycle’s buying spree of bike stores in the US has continued with the recent purchase of 13 outlets in Baltimore and Washington DC. The founder of the Spokes Etc chain of stores in Washington DC, Jim Strang, last week confirmed the sale of his business and its six locations. The sale…
Felt Bicycles Sold
Rancho Santa Margarita, California, USA Felt Bicycles has celebrated its recent acquisition by Austrian company Pierer Mobility as the “most significant milestone” in the 30-year history of the Californian bike manufacturer. “We join forces with a new partner that, like us, has long championed cutting-edge innovation, obsessed over the world’s finest product design and is,…
CEO Reveals SRAM’s Pandemic World
Chicago, Illinois, US Demand has skyrocketed for SRAM products during the COVID pandemic, with increases of 100% or more for some lines, the company’s CEO, Ken Lousberg, has revealed in a recent CyclingTips Nerd Alert podcast. Ken disclosed that SRAM’s production capacity has also escalated sharply, more than doubling for a number of its products.…
Trainer Duo Attracts Riders with Prospect of Team Berth
Madison, Wisconsin, US Bike trainer manufacturer Saris and virtual riding app developer Rouvy have launched a novel way to get riders on their stationary trainers, while uncovering some of the world’s best young talent. They have launched an online race series giving riders aged 18 to 23 the chance to earn a spot on the…
Pure and Simple Approach Brings Big Rewards for Maurtens
~ Sponsored Content ~ Göteborg, Sweden Maurten nutritional products are a perfect example of less is more. The company is underpinned by a very simple philosophy – ‘if it doesn’t aid performance, it doesn’t go in the product’. That philosophy extends to its recipes – clean and simple. Each product is limited to just five…
European Union Agrees on Bike Tax Cuts
Brussels, Belgium Tax concessions for e-bikes and conventional bicycles could soon be implemented in European nations, following an agreement of the Council of the European Union this month. The agreement by the EU Council on December 7, on updated rules for Value-Added Tax (VAT), has opened the door for members states to introduce reduced rates…
NZ MTB Innovators Unite to Conquer the World
Queenstown, New Zealand Four NZ companies have decided the time is right for Kiwi MTB brands to take on the world and they’ve formed a rare alliance to achieve their goal. It started as an informal think tank for the owners of Kids Ride Shotgun, Mons Royale, Aeroe and earSHOTS – regular online catch-ups to…