Industry News & Blogs

US Market Heading for ‘Mediocre year’

ALLENTOWN, USA – Despite the fact that during the first nine months of 2014 the US imports of bicycles increased by almost 11 percent, “The overall bicycle industry and business is again heading for a mediocre year.” This is reported by the GTG Gluskin Townley Group. Its extensive study on US bicycl...

European Parliament Founded Intergroup On Sport

BRUSSELS, Belgium – The European Parliament has founded an ‘Intergroup’ on Sport. The Federation of the European Sporting Goods Industry (FESI) pleaded for creating this political body. Intergroups have no legislative power, but are formed to promote exchange of views. According to FESI the Intergro...

India to Import Taiwan’s Production Technology

LUDHIANA, India – “How to upgrade the quality of bicycles made in India,” was the main topic discussed during a meeting with India government officials and representatives of the national bicycle industry recently. One of the options discussed was the possibility to import production technology. Ind...

UK E-Bike Market: 2014 Bumper Year?

LONDON, UK - The latest import figures from Her Majesty's Revenue and Customs (HMRC) suggest around 49,000 electric bikes were imported into the United Kingdom for the 12 months ending July 2014. Also figures for the first seven months of 2014 are well ahead of previous years. Are e-bikes finally ta...

German Car Component Maker Takes-Over MIFA

SANGERHAUSEN, Germany – On 11 December the state of Saxony-Anhalt announced to back-up the rescue of struggling bike producer Mitteldeutsche Fahrradwerke AG (MIFA) with warranties. With the guarantees from the state of Saxony-Anhalt all MIFA assets were sold to the Von Nathusius family, sole shareho...

PayMeOn to Wholly Own US E-Bike Maker Prodeco

OAKLAND PARK, Florida. – Public held development company PayMeOn Inc and Prodeco Technologies LLC signed a letter of intent which stipulates that PayMeOn Inc is to fully acquire the US e-bike maker. PayMeOn is (among others) already a minority shareholder in Prodeco Technologies LLC. PayMeOn develop...

One Week Left to Register for Taipei Cycle d&i Awards

TAIPEI, Taiwan – An international panel of experts will meet in Taipei next January to discuss the submissions of the 4th edition of the 2015 Taipei Cycle Design and Innovations awards. Closing date for registrations of the 2015 Taipei Cycle Design and Innovations award is December 19th, 2014. The d...

Innovative Textiles and Components at ISPO Textrends

MUNICH, Germany – The 2015 edition of the ISPO sporting goods shows in Munich, Beijing and Shanghai will include 240 manufacturers of innovative textiles and apparel component suppliers at the Textrends event. ISPO Textrends, started in 2013, offers designers and product managers of apparel manufact...

Felt Cyclocross Suffer from Frame Fracture

IRVINE, USA - Felt Bicycles recalls model year 2015 cyclocross bicycles due to the frame problems. The recall includes the Felt Cyclocross 2015 models F65X and F85X. The 2015 F65X has a satin black aluminum frame with 'Felt' printed in white letters and a diagonal wide white stripe next to a thin wh...

Fox Factory To Acquire Race Face and Easton

SCOTTS VALLEY, USA - Fox Factory Holding Corporation is to acquire all assets of Race Face and Easton Cycling businesses. Race Face/Easton designs, manufactures, and distributes high-performance mountain and road bike wheels and other cycling components including cranks, bars, stems, and seat posts....

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