Bicycling

7/29/2025 |  EXEC: Shimano Lowers Full-Year Guide as China Bike Weakness Offsets Europe Jump (SGB UPDATE) Shimano Inc. reported its 2025 first half results on Tuesday, July 29, signaling that that the global economy maintained a moderate recovery but the company’s outlook remained uncertain due to the impact of trade policies around the world, prolonged conflicts in Ukraine and the Middle East, and a slowdown in the Chinese economy.

7/16/2025 |  EXEC: Giant Group June Bike Shipments Exhibit Worst Decline Since October 2023 (SGB UPDATE) Giant Manufacturing Co., Ltd. (Giant Group) saw June 2025 deliver the company’s worst monthly year-over-year bike shipment trend since October 2023 as sales fell 30 percent, the third consecutive double-digit decline.
June shipments declined 30.0 percent y/y to NT$4.97 billion, pushing the six-month first half period to a decline of 12.4 percent y/y to NT$32.6 billion. The June decline further builds on a 29.3 percent y/y decline in May 2024 and a 17.1 percent y/y decline in April 2025.

7/9/2025 |  EXEC: Cinelli Now Assembling High-End Road and Gravel Bikes in the U.S. (SGB UPDATE)

Cinelli Bicycles has launched domestic assembly of three of its most advanced bike platforms in the U.S., establishing the process through its wholly owned U.S. subsidiary, Gruppo Americas LLC. The models, including Pressure ADR (Road Endurance), Pressure II (Road Race) and King Zydeco II (Gravel Race), are now being built at the Cinelli Logistics Center in Ames, IA.

7/7/2025 |  SRAM acquires Ochain (SGB UPDATE) Chicago-based bicycle parts manufacturer SRAM acquired Ochain, the manufacturer of a chainring spider that enables a bike’s chainring to move independently of the cranks, improving mountain bike suspension feel and performance.

7/3/2025 |  EXEC: Accell Tracking Toward ‘Sustainable Recovery” Following Steep Decline In 2024 (SGB UPDATE) Accell Group reported sales dropped 22 percent in 2024 due to extensive discounting in the bike space but growth has resumed in the P&A (parts and accessories) business and certain key regions in early signs of recovery.
In an update, Accell, owned by private equity giant KKR & Co. since 2022, said the following the finalization of the recapitalization in February of this year, it has finalized its 2024 annual accounts. Revenues declined to €1,009 million ($1.2 bn) due to “intense discounting.”