World News Briefs – October 2024

A cruiser e-bike parked in a field

16,500 Non-Compliant Fat Bikes Seized in the Netherlands Many Australian bicycle dealers are concerned about the impact upon their businesses of the sale through online and other channels of fatbikes that greatly exceed the legal 250 watt power limit (500 watt in NSW). These dealers would probably like to see Australian government authorities take actions…

World News Briefs – September 2024

Inside view of bicycle factory

Mixed Financial Results for Global Bike Companies Everyone in the Australian bicycle industry knows that times have been tough for over two years now since the end of the covid boom. But exactly how tough has it been on a global scale? We don’t often report upon the financial results of global bicycle companies, but…

World Briefs: Giant, VanMoof, Zipp, MINI, Greyp, Trek & POC.

Product shot of bicycle

Giant has released fifth-generation ranges for both its Defy endurance road bikes and Avail Advance line-up, featuring totally reengineered frames and purposed built components for each line. The Avail range, released under the company’s Liv brand of female-specific bikes, trims more than 100 grams off its framesets compared to their predecessors – 128 grams for…

Industry Briefs: Giant, Merida, Trek Travel & Scott Sports SA

Two people racing road bikes

Giant has been crowned as Australia’s best-rated bicycle brand in an annual award conducted by a prominent consumer guide website. The Finder Retail Awards pitched Giant against 10 other bike brands that received enough customer reviews between November 2022 and February 2023 to be eligible for the category. The awards assessed each eligible brand on…

Strathpine Cycle Preparing to Close for Business Consolidation

Strathpine Bicycle Centre storefront

Brisbane, Queensland The owner of two Giant stores in Brisbane has revealed plans to consolidate their operations into one site and give increased focus to their prospering online sales. Mark Turvey plans to close the Giant Strathpine within the next two months and concentrate upon his Giant Redcliff business. Mark said the lease for the…

Giant Signs Small but Mighty St Kilda Retailer

Just Pedal Shop Front

Melbourne, Victoria A small but flourishing bike store in the heart of St Kilda has become Australia’s latest Giant dealer, in a rare shift by the global company away from large retailers. Giant Australia General Manager Darren Rutherford last week confirmed the company had approached and signed Just Pedal, in what has been a particularly…

E-Bike Prizes Add Momentum for Micromobility Conference

A Momentum Vida E+ bike

Sydney, NSW Momentum, the Giant Group’s dedicated urban and lifestyle brand, has thrown further weight behind next month’s inaugural Micromobility Conference & Expo by donating two e-bikes to offer as prizes for conference participants. Momentum and conference organisers announced last week that everyone who registers for the conference, being held at Sydney’s Royal Randwick Racecourse…

Leadership Ambitions Takes Luc’s Career Down New Thread

Luc Gilmore with gravel bike

Melbourne, Victoria A long-serving member of Giant’s Australian team is wrapping up his career in the bicycle industry, for a new challenge in the textiles sector. Sales agent Luc Gilmore ended his 18-year association with Giant Bicycles Australia at the end of last month and will soon begin as General Manager for clothing and packaging…

Four More Stores in Giant Network

Giant Store

Melbourne, Victoria Australia’s network of Giant Stores (GS) has expanded by four so far this year, with three NSW shops joining the ranks and another in Queensland. Brisbane’s Giant Redlands Bay is set to become only the third GS to start from scratch, when it opens its doors this month. The store will be the…

Which Bike Company is the Most Valuable?

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…