Bicycle Industries Australia Ltd

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Website for Bike Professionals

Eurobike 2010 Takes Off With Demo Day On Augusts 31, the fourth Eurobike Demo Day will mark the start of the worlds leading bicycle industry trade show. "In many respects, the bike industry PB.Finances Acquires Mobiky Mobiky, the French company specialized in design, production and marketing of innovative products dedicated to urban mobility, has recently been taken over by PB.Finances. The name of the new legal entity is known as Bike Makers Raise Prices Accell Group is the first bike manufacturer announcing price increases. Most producers will follow this fall. Accell and its subsidiaries Batavus, Sparta, Koga-Miyata, Winora, Ghost, Lapierre, Tunturi and all other companies belonging to the Dutch holding are raising their prices with Vittoria Industries Invests in Expansion Vittoria Industries is enlarging its production capacity substantially. The company invests 4.3 million to upgrade its existing factory and commissions a new plant. A surge in demand in the second halve of 2009, from Shimano Sees Strong Recovery of Financial Results Whether the results are breaking records is not mentioned in the Shimano Group report on its financial results during the first half of the year. However, with an operating income that Bike Expo Reports Growth Figures for Second Edition Munich's Bike Expo saw its second edition last week, from July 22 to 25. Compared with the 2009 edition, Bike Expo evolved into a full scale bicycle show. For the 2010 edition Mess Munich could report a substantial increase in trade visitors. On Thursday and Friday more than Bike Revolution in the UK? Reports keep coming in on the booming bike market in the UK. In its mid year financial statement Accell Group named the United Kingdom as one of the countries where 'sales of bicycles significantly increased in the first half of 2010.' This Friday the country will take another big step in Accell Groups Profit Up 9% In First Half Year Accell Group booked a further increase in turnover and profit in the first half of 2010. Turnover was up 3% to 342 million, compared with 333 million in the first half of 2009, due in part to the effect of minor acquisitions. Net profit BMC Lifts Secrets on Carbon Frame Production BMC has unveiled the secret around its mysterious 'Black Box' at the company's HQ in Grenchen, Switzerland. It holds the worlds first fully automated Shimano Europe Expands Distribution of Easton-Bell Sports Brands Shimano Europe has expanded the distribution of Easton-Bell Sports' (EBS) cycling brands to include subsidiaries Shimano France and Shimano Poland. The addition of the two distributors SR Suntour Launches e-Bike Groupset At Bike Expo in Munich, which started last Thursday July 22, SR Suntour officially launched their new e-Bike platform. It was also on display at Winora Staiger Group and the Hercules booths. The e-Bike component group, called Human Electro Synergy Components (HESC) will be implemented in Koga Ends Miyata Cooperation and Changes Brand Name After 3 decades of corporation with Miyata in Japan, Koga will have a new distributor: Koga Japan. Formerly well known as Koga-Miyata, the brand will position itself under the registered Koga label without Kinesis Expands Alloy Frame Making Capacity via Alliance Well known frame & fork maker Kinesis Industry Co. Ltd. entered into a strategic alliance with Yih Cheng Cycle Parts (Kunshan) Co.,Ltd. (better known as A-One or Alico Kunshan). Kinesis CEO Tom Jeng (photo) is through this alliance able to After Dumping Duty Drop; A&J Group Re-Opens Vietnam Factory Last week, on July 15, 2010 the 34.5% anti-dumping duty on Vietnam made bikes imported into the European Union was dropped. This prompted A&J Worldwide Group to announce SRAM Introduces Limited Tour Edition Groupset Every former and current Tour de France champion racing in the 2010 edition has been equipped with SRAM's new Limited Tour Edition (LTE) groupset. This campaign marks the kick off of the launch of the aftermarket only groupset available for EU Starts to Review Bike Dumping by China The European Commission has taken the first step in the procedure to review the current anti-dumping measures against bicycles imported from the Peoples Republic of China which are to expire next Thursday, July 15, 2010. Today the Notice of Initiation of an Expiry Review EU Drops Dumping Duty on Vietnam Made Bikes The European Commission has not received a request for a review of the anti-dumping measures concerning imports of bicycles originating in Vietnam. With that the dumping duties which varied from 15.8 to 34.5% on Vietnam made bikes imported into the European Union will be dropped by next Thursday, July 15, 2010. Bike Industry Joins World Federation of Sporting Goods Industry The biggest names and companies in the global bike industry have joined the World Federation of the Sporting Goods Industry (WFSGI). After several months of preparation this was officially confirmed by the WFSGI on July 7, 2010. The companies that joined this global association are: Halfords UK Switches from GT to Reebok Bikes Sports brand Reebok is entering the business through the biggest bike retailer in the UK, Halfords. The company that yearly sells over one million bicycles and holds a 30% market share in the United Kingdom changed from GT to Reebok after Segalbikes Looking for European Distributors In order to expand its worldwide network, Segalbikes Europe Ltd, located in Zutphen, the Netherlands, is looking for European distributors with an existing national dealer network. Segalbikes is the manufacturer of a unique range of 3rd-generation FEM optimized magnesium racing bikes, made