News

Partnerships, acquisitions and investment news throughout the cycling industry

Mips and Quin to exhibit in collaboration at Eurobike

Nine months on from the August 2023 announcement of Mips’ investment in sensor technology company Quin, the brands have announced they will exhibit alongside one another at the upcoming 2024 edition of Eurobike. With the Mips safety system readily available across the helmet market, Quin is looking to achieve the …

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New 2024 City Ratings show cycling divide across England

The latest City Ratings, a data analysis tool ranking global cities and towns for how amenable they are to cycling, has been released. The new annualised data shows that whilst London continues to lead the way in England, the country as a whole continues to lag seriously behind other European …

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Ali Burns joins Upgrade Bikes

Upgrade Bikes has announced the addition of Ali Burns to the new role of account manager for London and the south east of England. Burns takes with him a wealth of brand and dealer-facing familiarity having worked at Evans Head Office, Madison, GoPro, USE, Exposure, and more recently as store …

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Officine Mattio sells 20% stake to Abu Dhabi-based investment firm

Officine Mattio S.r.l. has announced a strategic agreement with Officine Mattio Holding Limited (“OMHL”), an Abu Dhabi-based investment company. OMHL will acquire a 20% stake in Officine Mattio, providing funds for the company’s further development and growth. Giovanni Monge Roffarello, founder and CEO of Officine Mattio, stated: “We welcome OMHL …

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Sports Nut GmbH to distribute Restrap in Germany and Austria

Restrap has confirmed a new distribution partner for the German and Austrian markets as the brand continues its international expansion. Sports Nut GmbH will now be supplying the English bikepacking brand with products already available from stock. With this new partnership, Sports Nut GmbH is expanding its portfolio with a …

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Schwalbe converts 70% of its range to circular tyres

One year after the launch of the Green Marathon, the world’s first tyre made partly from used tyres, Schwalbe is converting large parts of its range to circular tyres. From now on, 70% of all Schwalbe tyres will be made with recycled carbon black (rCB). The rCB is a direct …

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The top five jobs in the bike trade this week – 21st June

The BikeBiz jobs board helped fill more than 720 positions in 2023, and listings are still on the rise. Here’s our latest top five… Full Time Sales Advisor – Cycle World Cycle World is Portsmouth’s largest independent bike shop and one of the South Coasts premier cycle retailers selling top …

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Van Rysel at VIA Criterium and London Cycling Festival

VIA Criterium takes place this weekend in Kings Cross, London, as part of the London Cycling Festival, with the event having doubled in size since last year’s event. This year sees Van Rysel celebrate and support the riders with a host of activations across the weekend as well as showcasing …

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Pierer Mobility predicts ‘significantly negative result’ in bicycle segment for 2024

Pierer Mobility, the parent company of Pierer New Mobility and e-bike brands GasGas and Husqvarna, is predicting a ‘significant’ downturn in the performance of its bicycle sector for 2024. In its adjusted guidance for the 2024 financial year, the company’s executive board anticipates a negative EBIT of € -110 to …

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Cycling industry convenes to discuss active travel policy

Ahead of the upcoming general election, Cycle to Work Alliance members gathered in Westminster on Monday, June 17, holding a roundtable, specifically addressing steps an incoming Government can take to dismantle barriers to cycling commuting. The body, a policy coalition of five of the leading providers of the Cycle to …

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