News Archives - Page 46 of 85

Here’s a New Bike Shop With a Unique Flavour

By Phil Latz | 10th February 2022 |

How many other bike shops do you know that combine a giant smiley face on the roof with a Surly sign in solitary splendour?

Tumut, NSW Ian Downing could be described as a long-time, dedicated cyclist who spent many years as an integral part of the Canberra bike shop scene. Due to some personal reasons, he recently decided to have a ‘tree change’ and headed for Tumut, located in the foothills of the Snowy Mountains in southern NSW. In…

Lithuanian Factory Continues Pon.Bike Growth

By Scott Green | 10th February 2022 |

Gazelle’s upgraded factory in the Netherlands town of Dieren.

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…

Which Bike Company is the Most Valuable?

By Phil Latz | 10th February 2022 |

Shimano easily topped the list as the most valuable specialist bike business listed on stock exchanges around the world.

Wollongong, NSW Bike Europe recently published a table – sourced and updated for many years by journalist Jo Beckendorff – of 45 bicycle-related companies around the world that were listed on a stock exchange as at the end of 2021. With so much money flooding into the bike industry, more outside investors than ever are…

Signs of the Times

By Phil Latz | 10th February 2022 |

Cycle Station is a large bike shop in Albury, NSW right on the border with Victoria. This region was particularly badly disrupted during the long border closure, on top of all the other state-wide covid disruptions, so the irony of this large sign facing one of Albury’s busiest roads would not go unappreciated by the locals.

Victoria and NSW Over the Christmas break, my wife and I enjoyed a three week holiday, travelling around NSW and Victoria. Unable to resist visiting at least a few bike shops, I noticed a few interesting signs of the times. Here’s a sample.

Children’s Bike Imports Up, Adults Down for Current Financial Year

By Phil Latz | 10th February 2022 |

Children’s bike imports for the first five months of this financial year rose by 10% compared to last year’s record-breaking figures. However, adult bike imports were down by just over 20%.

Canberra, ACT As we previously reported, despite supply shortages, the 2020/2021 financial year was by far an all-time record for bicycle imports to Australia. But how is the current financial year faring so far? At the time of writing, we have Australian Customs import data for the first five months of the current financial year:…