News
Pierer Industrie Buys Syntace and Liteville
Wels, Austria Austrian motorcycle giant Pierer Industrie AG has acquired a majority stake in high-quality componentry manufacturer Syntace. The takeover includes Syntace’s MTB branch, Liteville. “The innovative strength of Syntace and the expertise of its technical staff is complementary to the Pierer Group, where technology and the transfer of know-how between the business units is…
Sea Otter an Incubator for New European Micromobility Festival
Girona, Spain A new European mobility festival was launched last week as part of this year’s Sea Otter Europe Bike Show. The Spanish city of Girona hosted Sea Otter Europe and the Euromobility Festival (EMF) from the 23rd to 25th September. A Sea Otter statement says EMF aimed to be a catalyst in the innovation…
Fashionable Bike Brand Veloretti Purchased by Pon.Bike
Cloppenberg, Germany Dutch bike conglomerate Pon.Bike announced this month it is acquiring fashionable bike brand Veloretti, also based in Amsterdam. Veloretti is one of Europe’s fastest growing direct-to-consumer bicycle brands, founded 10 years ago and now active in 27 countries. A statement from Pon said Veloretti will “continue to function independently under the leadership of…
Riese & Müller CEO Steps Down for Innovation Focus
Darmstadt, Germany The CEO of one of Europe’s most enduring and important players in micromobility, Riese & Müller, has stepped down from executive duties to focus more on innovation and product development. Markus Riese, who co-founded the e-bike specialist company in Germany almost 30 years ago, last month announced he was relinquishing the top executive…
BikeExchange Appoints Former European Head as New CEO
Melbourne, Victoria BikeExchange has promoted its Group Chief Operating Officer, Ryan McMillan, to the role of CEO, elevating the man responsible for the European operation that is now a blueprint for the organisation’s global activities. The online bike goods retailer announced the appointment in a video call for its investors on 31st August, a presentation…
JetBlack’s Zwift Rise to Global Coming of Age
Sydney, NSW Indoor trainer manufacturer JetBlack has “come of age” as it signed a deal to supply its latest smart trainer model to the world’s largest online cycle training system, Zwift. The two companies announced last week that Zwift would be rebadging the new JetBlack Volt V2, to sell as a Zwift trainer in the…
How’s Business? – September 2022
Welcome to our monthly check-in with bicycle retailers across Australia and NZ.As always, in addition to asking “How’s business?” we asked a follow up question. This month’s question was, “How are you preparing for a new summer season, now the days are starting to get warmer?” As Wollongong prepares to host the World Road Cycling…
New Pon Team to Distribute Santa Cruz and Cervélo
Adelaide, South Australia Cervélo Cycles and Santa Cruz Bicycles this month announced the establishment of a new team in Australia to directly serve retailers and riders. The two operations will come together under Pon.Bike Performance, based in Adelaide, as a unified group from the 1st January 2023. Santa Cruz Bicycles includes the Santa Cruz, Juliana…
TMO Highlights How Commuting is Driving Industry Sustainability
Sydney, NSW A growing alliance between urban cycle commuting and sustainability will be on display when TMO Sports showcases its Continental tyre and Deuter bag ranges at the inaugural Micromobility Conference & Expo in November. The Sydney-based distributor will use the expo, being held at Royal Randwick Racecourse on 25th and 26th November, to highlight…
Mixed Response to New Melbourne Bike Show
Melbourne, Victoria A new consumer bike show was held in Melbourne on the weekend of 10th – 11th September at the Melbourne Exhibition Centre, on the south bank of the Yarra River and across from Melbourne’s CBD. The event was organised by Javier Tellez. At just 20 years of age, this was the first event…