Industry News & Blogs

Production of Carbon Frames Starting in Bangladesh

FRIEDRICHSHAFEN, Germany – Europe’s 5th largest bike supplier is to start making carbon frames and forks beginning 2015. They will be offered on an OEM basis as framesets or as complete bikes. Production in Bangladesh with duty free export to EU will force prices for carbon bikes down further. Meghn...

CamelBak Reorganizing European Operation

PETALUMA, USA - To realign existing resources geographically in Europe the hydration gear supplier CamelBak is restructuring its European organization. In May the company already closed its three-person office in Bassano del Grappa, Italy and began the search for a German-based sales manager. Recent...

Halfords UK Targeting Premium Bike Segments

REDDITCH, UK - '13' is the newly launched premium brand from UK’s biggest bike retailer Halfords. Premium bike sales have underpinned Halfords recent success with 35% growth in the last year. Encompassing 15 models covering road, MTB, hybrid and cyclocross designs the new '13' brand will be sold exc...

MIFA Applied for Insolvency in Self-Administration

SANGERHAUSEN, Germany – Yesterday-morning, the Mitteldeutsche Fahrradwerke AG (MIFA) announced the loss of half of its registered share capital. In the afternoon MIFA declared that it had applied for insolvency in ‘self-administration’. Insolvency in 'self-administration' is a special German legal f...

Behind the Scenes of MIFA’s Insolvency

FRANKFURT, Germany – Yesterday’s happening at MIFA of course spurred a sharp reaction of MIFA’s rating on the Frankfurt stock market. The value of the MIFA shares dropped severely; again. Since MIFA's serious problems were communicated in the first quarter of 2014 the rating of the company dropped s...

Bosch and Shimano Stop Service Partnership

REUTLINGEN, Germany – Bosch eBike Systems is ending its service cooperation with Shimano Benelux for the Netherlands, Belgium and Luxembourg. As of 1 November 2014 Magura will handle all service issues directly and does this now for all European countries except Switzerland. Before Bosch shifted to ...

Wiggle’s New Warehouse Triples In Size

WOLVERHAMPTON, UK - Online retailer Wiggle will move its operation 275 kilometers up north from Portsmouth in their search for more warehouse space. The new distribution centre will measure nearly 100,000 square meters. "The move demonstrates Wiggle's continuous growth and ambition," said Nicholas P...

September Edition Now Online Available

AMSTERDAM, The Netherlands – Bike Europe September 2014 edition is now online available at bike-eu.com. This issue contains these stories and more: Show review 23rd Eurobike: All bikes categories getting electrified Interview: Baltic Vairas' Dirk Zwick on: Frame production in Lithuania Lat...

Correction On Meghna & Selle Bassano Deal

AMSTERDAM, the Netherlands – In yesterday’s newsletter Bike Europe incorrectly announced that Meghna Group and Selle Bassano have entered into a joint venture deal for making saddles and bike bags in Bangladesh. "There is no agreement, no joint venture and no collaboration between Selle Bassano...

Halfords: Explosion of People Rediscovering Cycling

REDDITCH, UK – Following an unprecedented year of growth for its cycle business and an “explosion of people rediscovering cycling” in the UK, Halfords is opening its first new cycling-only store format. Halfords UK (operating completely independent from Halfords NL) reported a 21.3% increase in its ...

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