Industry Digest: Specialized Closes Machines For Freedom Brand, Falling Sales & More
What's going on in the cycling industry this month?
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What's going on in the cycling industry this month?
European markets were lower as investors assess the economic outlook and the potential for further monetary policy tightening from the Fed.
STOCKHOLM (BRAIN) — Thule Group fourth-quarter net sales declined 10.6% year-over-year with CEO Magnus Welander blaming reduced bike product demand from retailers who lowered inventory after large preseason orders.
Feb 09, 2023 - 17:45Thule Group's board of directors has today decided to appoint Mattias Ankarberg as the new president and CEO of the company. To secure a seamless handover, Magnus Welander will remain in his role until Mattias Ankarberg has finished his current role.
/PRNewswire/ -- According to Technavio, the global automotive bicycle rack market size is estimated to grow by USD 457.24 million from 2022 to 2027. The market...