Posts Tagged ‘Highlight’
German Sales Point to Future Growth Potential in Australia
What Will Happen to Bicycle Demand in 2021 & 2022?
Just before Christmas I shared with you my opinions about what would happen to bicycle supply over the coming year. In case you missed the article, which was entitled, ‘If You Read Nothing Else, Read This! My Predictions for 2021 Bike Supply.’, then I suggest you read it first here, before reading this article that…
How’s Business? March 2021
Welcome to our monthly chat with bicycle store owners and managers across Australia and New Zealand. Recently we’ve seen a proliferation of electric scooters on the roads, bike paths and footpaths across both countries. Many are part of newly emerging hire schemes, but many more are privately owned. It appears that most of these are…
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…
How’s Business? February 2021
Welcome to our first How’s Business interviews conducted in 2021. As always, we called a selection of shops across city and rural locations throughout Australia and New Zealand. This month’s follow up question was, “Did you notice any differences in your Christmas trade compared to previous years?” Paul Fitzgerald from Giant Echuca in the historic…
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It’s Electrifying!
With the rapidly growing ebike market has come a new breed of ‘outsider’ entrepreneurs who are attracted by its future possibilities. These entrepreneurs are bringing fresh ideas and are willing to try new concepts. Crooze is a great example. We recently visited its main store, located on a busy highway in Bundall on Queensland’s Gold…
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…
If You Read Nothing Else, Read This! My Predictions for 2021 Bike Supply
How’s Business? Christmas 2020
Welcome to our monthly survey of bike shops where we start by simply asking, ‘How’s Business?’ As we anticipated, the shop owners we talked to quickly raised the issue of supply shortages. For this month’s follow up question we asked, ‘Given the ongoing shortage of new bikes, have you considered selling second hand bikes?’ In…