Posts Tagged ‘Highlight’
Letter from America: Who Is This New Bike Market Dominator?
Santa Fe, New Mexico, USA It’s fair to say Pon Holdings BV’s decision to snap up Dorel’s bike biz sent a risible ripple through the executive ranks at major brands – Trek, Specialized, Giant, Accell and a few others. What could this audacious US$810 million (A$1.089 billion) move by a Dutch conglomerate mean for future…
Cycling’s $6.3 Billion Injection to Australian Economy
Canberra, ACT Australia’s cycling industry directly contributed $3.4 billion to the nation’s Gross Domestic Product (GDP) in 2020 and had a total direct industry output of $6.3 billion for the year, according to an Australian-first report spearheaded by the We Ride Australia cycling advocacy group and released last week. The We Ride Australian Cycling Economy…
Sea Otter Springs Back From COVID Hibernation
Monterey, California Sea Otter Classic roared back to life in October. Never mind that it was a late-season interim expo, or that some exhibitors like SRAM, Santa Cruz, Cannondale and others passed because of ongoing uncertainty posed by COVID-19. Visitors were greeted by clear blue skies and warm weather tempered by afternoon gusts that kicked…
KWT Imports – Kevin William Thompson’s Amazing Bicycle Journey
– Sponsored Content – Yandina, Queensland Kevin William Thompson, founder of KWT Imports has been either racing or selling bikes for 71 of his 86 years… so far. He and his son Eamon who is now managing the business recently sat down with The Latz Report for a long yarn. Unfortunately, some wonderful anecdotes from…
Eurobike 2021 a Different Show to Mark End of Era
By Christopher Jones It was up in the air as to whether Eurobike 2021 would be cancelled, after last year’s event was abandoned because of COVID-19. However, most of Europe has adapted to the COVID situation and good vaccination numbers have made it possible to conduct large-scale events, with the necessary precautions. Under new German COVID provisions, known…
Vietnam Shut Down Impacts Australian High End Bike Supply
When you think about bicycle and component manufacturing countries in Asia, chances are that your list would start with China, Taiwan and perhaps Japan. But Vietnam has become an increasingly important production hub over recent years. This has been partly as a way for global brands to avoid the ‘anti-dumping’ measures imposed upon Chinese manufacturers…
Why Has Global Shipping Become So Chaotic and Expensive?
If you’re a wholesaler, you know first-hand that shipping prices have gone through the roof since covid hit. If anything, the situation is getting worse, not better. It’s not just the price that’s problematic. There are long delays, fewer ships sailing to Australia and New Zealand and our ports are chocked with empty containers while…
How’s Business? Stock Supply Special! October 2021
Welcome to our monthly chat with bicycle shop owners and managers across Australia and New Zealand where we simply ask ‘How’s Business?’ In keeping with our stock supply theme for this month, our follow up question was, ‘How much bike stock do you have now and how confident are you that you’ll have enough for…
10 Tips to Help Your Store Through Lockdown
As we compile this article during the second half of August 2021, more bicycle shops in more states and territories face tougher restrictions than at any time since the start of Covid restrictions in Australia 18 months ago. Here is a brief summary, focusing only on the restrictions specifically related to the bicycle industry. In…
It’s Official – 2020/21 was a Record Year for Bicycle Imports
In news that would hardly surprise anyone, we can now confirm that the 2020/21 financial year broke the all-time record for bicycle imports into Australia. Unfortunately, we still don’t collect national bicycle sales data, but given that there’s very little local manufacture and that stock levels are still low, particularly at the importer/wholesaler level, then…