Bicycling

9/10/2025 |  EXEC: Giant Bicycle Continues Strong DD Sales Declines in August 2025 (SGB UPDATE) Giant Manufacturing Co., Ltd. (Giant Group) slowed its sales decline in August 2025, as monthly sales decreased less than in the prior three months.
Giant Group’s monthly revenue fell 26.7 percent to NT$5.0 billion, marking the company’s fifth consecutive double-digit decline and the fourth straight month of strong double-digit decreases. The sharp drop for the month was offset by a 2.0 percent increase in the August 2024 period.

9/8/2025 |  EXEC: Woom Bikes Sees Sales Surge 41 Percent in 2025 First Half (SGB UPDATE) Woom Bikes reported sales jumped 41 percent in the first six months, to €90.1 million ($106 mm), topping expectations. The Vienna, Austria-based kids’ bicycle manufacturer said the period marked its best six months in its 12-year history, noting that it had sold over 2 million bikes since launching in a garage in 2013.

8/13/2025 |  EXEC: Giant’s DD Monthly Revenue Decline Trend Worsens Further in July 2025 (SGB UPDATE) The market believed it had seen the worst of the shipment woes for Giant Manufacturing Co., Ltd. (Giant Group) in June 2025, as sales for the month declined at the most significant year-over-year (y/y) rate since October 2023. Then came July 2025.

8/8/2025 |  EXEC: Shimano North America Agrees to Settlement in 2023 Crank Set Class Action Suit (SGB UPDATE) Shimano, Inc. is reporting that the U.S. District Court in California has issued a Preliminary Approval Order based on a settlement agreement between the plaintiffs of a class action lawsuit and Shimano North America Holding, Inc.

8/8/2025 |  Fox Factory’s Q2 Sales Top Expectations (SGB UPDATE) Fox Factory Holding Corp., the parent of Fox, Marucci, Method Race, and Wheels, reported second-quarter earnings on an adjusted basis improved 4.4 percent as a 7.6 percent revenue gain offset margin pressures due to product mix changes and the impact of tariffs. Results in its cycling component business were helped by the stabilization in bike sales.