bike industry Archives

bike industry

2023 Yoeleo G21 DB PRO Gravel Bike – seat tube bosses.jpg

Trump tariffs led to bike sales “free fall” says Chinese brand, as US imports plunge in first half of 2025

Bicycle imports to the United States fell by 25 per cent year-on-year in the first half of 2025, while China’s June shipments to the US dropped by a staggering 74 per cent

Fri, Sep 05, 2025 11:58

Is China ready to take over the cycling industry? We chat to Chinese bike brand Yoeleo about challenging the old guard, changing Western perceptions, and “pushing the limits”

As well as your usual cycling chit-chat to kick things off, Ryan sits down for a fascinating chat with Yoeleo's marketing manager about China's role in the current bike industry, and what's in store for the future

Fri, Aug 29, 2025 07:15

Bike industry on hold as uncertainty around Trump’s controversial tariffs continues

Cycling groups predicted US bike industry may not recover from "devastating consequences" of Trump tariffs until end of the decade

Tue, Aug 19, 2025 11:34

2025 Giant Defy Advanced SL 1 – riding 5.jpg

Bike industry challenges continue as Giant and Canyon profits down 66% and 30%, while Shimano downgrades 2025 outlook

Giant says inventory levels back to "healthy pre-pandemic standards" and Shimano's sales are up 12 per cent, but industry's biggest brands still face unpredictable and tricky market

Mon, Aug 11, 2025 11:50

Giant’s revenue slumps by 25% in spring after positive start to 2025, as bike brand takes £102m less than first half of last year

Revenue plummeted by a third in May and June, and by a quarter overall in Q2, leaving bike brand down 12 per cent on last year

Mon, Jul 14, 2025 10:17

“A diverse workforce is good for business”: Cycling industry group aiming to fill “gender data gap” to understand “feeling of women being underrepresented in sector” and drive real change

“We’re examining what companies are doing to attract female talent, and what challenges or barriers women may be facing in advancing their careers,” says Cycling Industries Europe

Thu, Jul 10, 2025 13:58

Evans Cycles slashes annual losses from £22.8m to £3.3m as company starts recovery from bike industry’s “well publicised supply chain issues”

The uptick in the company’s income comes despite a loss in revenue, with the Frasers Group business highlighting “operational efficiencies and tightening of costs” such as reducing physical retail space

Wed, Jul 09, 2025 09:01

Shimano set to provide extra two years’ warranty to US cyclists with defective cranks along with additional tools and training to retailers to “overhaul” its crankset recall process

The bike component giant’s North American division decided to take these steps, besides others including making a “retail assistance agent” available, as part of a settlement for the class action lawsuit filed against it

Wed, Jul 02, 2025 09:22

“Devastating consequences”: US bike industry may not recover from Trump tariffs until end of the decade, lobby group warns

"We're pretty sober about the next four to five years," admits industry group, as bike brands warn they've "never experienced a time like today", with impact of Trump's tariffs compounding post-Covid troubles

Tue, Jul 01, 2025 10:04

Popular bike lock brand relaunches under new ownership – year after winding down due to “brutal reality” of Brexit, Covid, and cost-of-living crisis

UK-based Pragmasis says it has entered a “new and exciting era”, with flagship products such as the DIB D-Lock back in active production and new product development underway

Thu, Jun 12, 2025 14:37