Latest Pro Cycling News
March 17, 2025
Giant profits plummet by 60% as inventory woes and heavy discounting bite, but bike brand confident of “recovery” in 2025
The positive take on the figures, first reported by Bicycle Retailer and Industry News(link is external), is that sales were actually only down 7.4 per cent on 2023 and still exceeded pre-pandemic levels, Giant stating that the "over-inventory situation continues to improve. Road.cc
March 14, 2025
Rad Power Bikes Appoints New CEO after Phil Molyneux’s Departure
Rad Power Bikes (RPB) has appointed former Bartell Drugs CEO Kathi Lentzsch as its new chief executive officer, closing the loop after the surprising departure of former CEO Phil Molyneux. SGB Media
March 14, 2025
Chains subject to steel tariffs; some cables and other products, too
The 25% U.S. tariffs on steel and aluminum that took effect Thursday apply to bicycle chains, some bike cables, perhaps some locks, and a wide variety of hardware and other products that are used in bike shops and by manufacturers. Bicycle Retailer
March 12, 2025
More Americans Rode a Bike Than Ever Before in 2024, Youth Participation Saw the Biggest Surge
This biennial report reveals that 112 million Americans — 35% of those ages 3 and older — rode a bike at least once in 2024. This marks the highest participation rate since the study began in 2014. Bicycle Retailer
March 11, 2025
Rad Power Bikes CEO Phil Molyneux to leave brand
Rad Power Bikes announced that CEO Phil Molyneux will leave the brand and also confirmed its sixth workforce reduction, with this round affecting its direct-to-consumer sales staff. Bicycle Retailer
March 7, 2025
Investors increase stake in Factor Bikes to 52.87%
News from the Shanghai Stock Exchange points to a change in ownership stake at Factor Bikes, as Zhonglu Holdings “plans to acquire and increase its capital investment in Factor Bikes PTY Ltd.” BikeBiz
March 6, 2025
Is Pro Cycling Selling Its Soul? The Costly Future Fans Don’t See Coming
The ongoing ONE Cycling project looks poised to pump hundreds of millions of Saudi dollars into cycling in a bid to break the ASO-Tour de France stranglehold on the sport. VELO
March 5, 2025
Scott Sports USA introducing click-and-collect program
Scott Sports USA has unveiled its click-and-collect sales channel integrated with Locally that will include participating dealers across the continental U.S. Bicycle Retailer
February 26, 2025
Belgian Cycling Factory acquires Nukeproof from Frasers Group
Following a tumultuous period for the bike industry, there’s plenty of evidence that there’s still a way to go before things go back to “normal”, not least in terms of brands finding a new home and/or route to market. The latest of these is mountain bike brand Nukeproof, formerly distributed...
February 25, 2025
Porsche eBike building battery production facility in Croatia
Porsche eBike Performance GmbH announced it will build a battery production facility in Sveta Nedelja, Croatia, that will open next year. Aimed at strengthening collaboration between development and manufacturing, the production facility is another step in Porsche eBike's plan to develop its own e-bike drive system. BRAIN