News
BERLIN (BRAIN) — E-commerce company Signa Sports United, owner of WiggleCRC and the Vitus and Nukeproof bike brands, reported a 2% decline in first-half revenue, saying "subdued demand and market overstock" weighed on its results.
Its first-half net revenue was 441 million euros ($480 million).
NEW YORK CITY (BRAIN) — An emergency $25 million grant from the U.S. Department of Transportation will enable the city to set up outdoor e-mobility battery charging and storage stations at 53 city Housing Authority developments.
BELLINGHAM, Wash. (BRAIN) — Kona USA, facing the same excess inventory and stagnant consumer demand challenges as most other IBD brands, rebuilt its website in early June to add consumer-direct sales for the first time. While most traditional IBD brands now offer some variety of direct sales and click-and-collect few have received such a negative initial response from retailers.
FRANKFURT (BRAIN) — Eurobike, which closed Sunday after its weekend consumer event, attracted 34,750 trade visitors and 31,780 consumer visitors over its four days. Both figures were an increase over last year.
FRANKFURT (BRAIN) — Ben Serotta will collaborate with a German 3D printing manufacturer to "bring the benefits of personalized cycling equipment to a broader section of the cycling population," the longtime bike designer told BRAIN on Thursday at Eurobike.
FRANKFURT (BRAIN) — Pierer Mobility's GASGAS e-bike brand launched a new one-sized "urban cruiser" at Eurobike here this week.
FRANKFURT (BRAIN) — Erik Bär has seen e-bike batteries from China come into Germany with fraudulent certification, so he knows about the chilling effect unregulated lithium-ion packs can have in the marketplace and understands the angst in the U.S., especially in New York City right now.
FRANKFURT (BRAIN) — While François-Xavier Terny said replacing the car in the U.S. is next to impossible, he believes the Fuell e-bike brand has the right mix of features to at least keep it parked some of the time.
FRANKFURT (BRAIN) — FRANKFURT (BRAIN) — Bosch eBike Systems announced numerous connectivity features and new products for the 2024 model year this week.
EAGLE, Colo. (BRAIN) — QuietKat, which makes e-bikes primarily for the hunting and fishing market, has added a proprietary feature to some of its models, allowing users to easily switch the bikes between e-bike classes 1, 2, or 3, or to an unrestricted power mode.
WATERFORD, Wis. (BRAIN) — Waterford Precision Cycles is planning a farewell ride next weekend and will be auctioning production equipment and other tools online starting June 24.
FRANKFURT (BRAIN) — Eurobike begins here Wednesday with more than 1,900 exhibitors attending, exceeding the number from the Frankfurt am Main's inaugural event last July.