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Related News
2/24/2026
|
EXEC: Outdoor Gear Canada to Distribute OnGuard and Black X Bike Locks
(SGB UPDATE) Magnum Industries, the designer and manufacturer of Black X and OnGuard bike locks, reported signing an exclusive, multi-year distribution agreement with Outdoor Gear Canada (OGC) for the Canadian market.
2/10/2026
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EXEC: Traffic Distribution Partners with Cycle Source Logistic to Serve U.S. Bike Market
(SGB UPDATE) Traffic Distribution GmbH (Traffic), based in Cologne, Germany, is expanding its global network with the launch of Traffic Distribution USA, Inc. (Traffic USA).
The company said the launch coincides with the 30-year anniversary of WeThePeople BMX, the flagship brand of We Make Things GmbH, marking its 30th anniversary in 2026, and is intended to underscore the long-standing heritage of the brand that Traffic brings to the U.S. market.
2/10/2026
|
EXEC: Shimano Gets Nice Europe Lift in Bicycle Components in 2025 to Offset Sharp China Decline
(SGB UPDATE) Shimano, Inc., the Japan-based maker of bike components and fishing tackle, reported its 2025 full-year results, suggesting that the global economy followed a gradual recovery trend during the year. Still, the company said its views on the economic outlook remain cautious due to trade policies worldwide and rising geopolitical risks, including prolonged international conflicts, which have created uncertainty in the current economic conditions. The company said demand for bicycles and fishing tackle remained weak in this environment.
2/3/2026
|
EXEC: Accell Group’s Sales Seen Sliding 15 Percent in 2025
(SGB UPDATE) In a debt ratings update, Fitch Ratings said it expects Accell Group’s revenue to decline about 15 percent in 2025 and a further 9 percent in 2026 on lower volumes, partially offset by higher pricing from reduced discounting and an improved product mix. Fitch expects mid-single-digit revenue growth in 2027/28, primarily on sales volume recovery.
1/8/2026
|
Accell Sells Vaan Nicholas to Velo-ce
(SGB UPDATE) Accell announced the sale of Van Nicholas, its titanium bike brand, to the Italian manufacturer Velo-ce S.R.L.
Terms were not disclosed.
Accell said the sale “streamlines its portfolio, removes overlap and ensures focus on brands with category depth, brand strength and geographic reach.”
See More News