World
Vast Array of New Products at Eurobike 2024
Frankfurt, Germany Welcome to Part One of our Eurobike coverage! By the numbers it was a record breaking show. There were 35,080 trade visitors from around the world, plus 33,090 public visitors. Both of these numbers were up slightly on last year. They came to see over 1,800 exhibits, which ranged from small booths up…
European Bike Sales Down, But Far from Out!
Frankfurt, Germany As you would expect, there was a lot of talk at Eurobike about the post-covid boom downturn in the bicycle industry, just as there has been in Australia. But rather than just base articles on subjective conversations I’m always keen to ask, “What does the data say?” The following article is based on…
Road Bikes and Cruisers Headline China Cycle
Shanghai, China Despite the bicycle manufacturing business going through tough times in China, their industry is forging ahead with more sophisticated products, particularly relating to drive systems and electronics, according to one regular Australian visitor. Tony Morgan, founder and owner of TEBCO, a Melbourne based designer, importer and distributor of e-bikes, has been attending every…
World Bicycle Relief Plans to Exceed One Million Bicycles
Chicago, USA On Boxing Day, 26th December 2024 a huge earthquake caused a tsunami that swept across Indonesia and neighbouring countries, killing almost a quarter of a million people and leaving millions more homeless. F.K. Day and his wife Leah watched these events unfold from their home in the USA and wanted to help. That…
World News Briefs – Founders Buy Back Kona, Enve Sold
Kona Goes Back to its Roots Last month we reported here that the future of leading bicycle brand Kona was uncertain. Kent Outdoors bought Kona in 2022 but abruptly abandoned their stand at Sea Otter this April and then announced the brand was for sale. On Monday 20th May Kona’s founders Jake Heilbron and Dan…
European Bike Industry Survey is Surprisingly Upbeat
Brussels, Belgium Each year since 2020 Cycling Industries Europe (CIE) has published an annual Business Impact Survey which takes a holistic look at the state of the industry, with respondents representing various segments of the cycling industry, including bikeshare services, bike and parts manufacturers, retailers, and cycling ITS (Intelligent Transport Systems) providers. The respondents were…
Latest Bicycle Sales Data from Key Cycling Nations Shows Further e-Bike Growth
Germany and The Netherlands Two detailed reports from Germany and The Netherlands show that the bicycle market is solid there, and far larger on a per-capita basis than Australia’s. E-Bikes Now Outsell Analogue Bikes in Germany Germany has long been the largest national cycling market in Europe and due to the very high average unit…
World News Briefs – Stages Closes, Kona’s Future Uncertain
Stages Cycling Closes Well-known USA based power meter brand Stages Cycling has laid off its entire workforce and looks to have ceased operations. According to a report by Escape Collective, multiple sources close to the brand have also indicated that the company has stopped placing orders with suppliers and ceased shipping orders to customers. At…
Taipei Cycle’s Smiling Face Hides a Tough Market
Taipei, Taiwan Sometimes people have to put on a brave face. If you walked through the bright halls of this year’s Taipei Cycle and didn’t stop to speak to anyone, you’d probably think that the Taiwanese and global bike industries were booming. But in reality, the opposite is true. I heard multiple stories about factories…
World News Briefs – Trek to Cut Staff and Product Range
Trek To Cut Product Range by 40% and Staff by 10% In an internal memo to staff delivered in early March, Trek Bicycle President John Burke announced that he has decided to “right size” the company by 10% in response to slow sales and high inventory levels. But he says the company’s overall strategy remains…