Trade
Australian Bicycle Imports Smash All-Time Records
We’ve now received the bicycle import data for January and February 2021 and the record-breaking run of monthly imports started in 2020 has continued. In January a total of 146,706 bicycles were imported consisting of 40,492 kids bikes and 106,214 adult bikes. That total made it the all-time record in January by over 50% compared to the previous record high of 97,440 units…
Volvo Partners with The Classics Gran Fondo Series
These days motor vehicle companies are becoming increasingly keen to associated with cycling. An example of this was Volvo’s collaboration in a major research and safety campaign with Swedish helmet company POC, and more recently when Volvo launched the world’s first cyclist and pedestrian detection and collision avoidance system. Volvo Car Australia recently formalized a two-year partnership with Bicycling Australia,…
Two Bike Shop Related Software Businesses Recently Acquired
Point of sale company Vend has recently been acquired by a competitor in this marketplace, Lightspeed. We recently posted a company feature about Vend which you can read here. The Auckland-based independent company has an office in Melbourne and a significant user base of bike shops in both Australia and New Zealand. Lightspeed is also well…
A Wheelie Good Rack!
Bicycle parking is a critical piece of the puzzle when it comes to encouraging more people to ride. But before anyone starts drilling holes in public space to install ‘permanent’ bike parking hoops, enclosures or other facilities, they have to jump through expensive hoops themselves in terms of approvals, ensuring they’re not potentially disrupting any…
Advance Traders Creates NZ Based Management Team
Advance Traders has just hired two key people to run their growing New Zealand based operations.
David Gulliver started on 1st March 2021 as General Manager. David does not come from a bike industry background but has management level experience in wholesaling and importing within the engineering industry.
Uncertainty Around E-Scooter and Throttle Controlled Ebike Legalities
Latest Import Data Reflects Covid Bike Boom Import Surge
As we all know, dealers and wholesalers have been short of bikes since not long after the pandemic broke out. But the latest data is strongly suggesting that this shortage is not due to a reduction of supply. In fact, imports have surged to record levels. It’s just that even these record imports have not…
Bianchi ANZ Launches, Announces Manager
We announced here back in October that Bianchi was changing its distribution structure for Australia. Previously Bianchi was distributed via SOLA Sport. Now the newly formed Bianchi Australia will be taking over. On 28th January, Bianchi announced that Luca Calcaterra had been appointed Area Manager for Australia and New Zealand. Luca will report to Zoe…
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BikeExchange ASX Float is Underway Seeking $20 Million
Following on from our article last month in which we reported that BikeExchange appeared to be preparing to float on the Australian Stock Exchange (ASX), the initial public offering (IPO) is now underway. Bike Exchange is seeking to raise $20 million at 26 cents per share. Because they’re only offering to sell a portion of…