Bicycling

6/10/2026 |  EXEC: Giant Group Returns to Growth with May 2026 Shipments (SGB UPDATE) The Giant Group reported its first monthly year-over-year growth trend in May 2026 since a sharp jump in shipments in February 2025 and only the second positive month since August 2024. May 2026 shipments grew 5.8 percent to NT$5.36 billion after the company hinted at a reversal of fortunes when sales dipped just 1.8 percent year-over-year in April 2o26. The April decline was the smallest year-over-year monthly decrease in sales since those same February 2025 results. The April decline also came after first quarter results fell 20.3 percent to NT$16.06 billion, full-year 2025 sales dropped 15.4 percent, and full-year 2024 sales declined 7.4 percent.

5/14/2026 |  EXEC: Leatt Corp Sets Stock Buyback Program (SGB UPDATE) Leatt Corp.’s Board of Directors authorized a new share repurchase program for up to $419,410 of the company’s outstanding common stock.

5/11/2026 |  EXEC: Giant Group Posts Q1 Loss After Revenues Fall Over 25 Percent on Tough Comps and WRO Issue (SGB UPDATE) iant Group, one of the largest bicycle manufacturers in the world and owner of the Giant, Liv, Cadex and Momentum brands, reported that 2026 first quarter consolidated revenue declined 25.7 percent year-over-year (y/y) to NT$12.5 billion, reportedly impacted by normalization of OEM business mix following an elevated prior-year comparison base and softer demand. The 2026 Q1 decline tracks against a 4.9 percent increase in the year-ago first quarter, following a weak 2024 first quarter.

4/21/2026 |  German Bike Maker Riese & Müller to Exit U.S. Market (SGB UPDATE) Germany-based e-bike and cargo bike maker Riese & Müller plans to cease its U.S. business activities effective July 31, as it refocuses on Europe.
Riese & Müller said in a statement, “This decision follows an extensive strategic and economic assessment. Key factors include the persistently challenging and increasingly volatile market conditions in the United States. At the same time, Riese & Müller will concentrate its resources even more deliberately on further developing its European sales and dealer network. The aim is to unlock market potential in core regions, deepen collaboration with retail partners, and strengthen the company’s market position in a sustainable way.”

4/16/2026 |  EXEC: MTB Components Brand Pembree Expands U.S. Distributor Deal with BTI (SGB UPDATE) UK-based mountain bike components brand Pembree is reporting that it will continue and strengthen its distribution partnership with Bicycle Technologies International (BTI) in the United States. Pembree was acquired by Look Cycle in November 2024.