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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.”
12/29/2025 |  EXEC: Fuji Brand’s Chinese Parent Pacific Glory Worldwide to Launch U.S. Distributor Network (SGB UPDATE) Pacific Glory Worldwide, Ltd. (PGW), the owner of the Fuji, SE and Tuesday bike brands, has formed a dedicated distribution arm, the company said, which was “created to better serve U.S. bicycle retailers and adapt to the realities of a shifting global market.”
The China-based company said the new organization is designed to oversee sales and support for the company’s three bicycle brands, with a mission centered on “retailer success and long-term sustainability.”
12/24/2025 |  Hiplok Adds Coast 2 Coast for U.S. Distribution (SGB UPDATE) Hiplok, the U.K.-based bike and motorcycle security brand, has appointed Coast 2 Coast as the company’s U.S. distributor for its bike lock and storage line.
Based in California, Coast 2 Coast works with independent bike retailers nationwide and represents a portfolio of premium cycling brands.
12/19/2025 |  EXEC: Giant Group Updates Market on Phase 2 Moves and CBP Actions (SGB UPDATE) Giant Group (Group) has reportedly submitted its formal Petition for Modification of the Withhold Release Order (WRO) and evidence of its Corrective Action Plan (CAP) to U.S. Customs and Border Protection (CBP), striving for the fastest possible revocation of the WRO. After receiving Giant Group’s Petition, CBP agreed to hold an in-person meeting in mid-December with Giant Group’s senior management regarding the Group’s progress.

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