Shimano has announced that its bicycle segment net sales declined by 2.7% in the first half of this year, while operating income decreased by 11.5%...

Accell Group have announced financial results for the first six months of 2017. While net turnover increased by 0.7% to € 634 million, net profit was just € 26.3 million—a fall of 22.7% compared to the same period last year...

Accell Group N.V. have announced that the supervisory board intends to appoint Ton Anbeek as Chief Executive Officer (CEO) and Chairman of the Board of Directors as of 1 November 2017. Mr. Anbeek is currently CEO of Beter Bed Holding N.V...

As MIFA continues its long-running solvency struggles, fellow German bike manufacturer, Euro-Bike has now also applied for insolvency...