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Accell Group Reports Stabile Turn-Over but Less Profit in First Half 2018

HEERENVEEN, the Netherlands – The loss of sales to major online distributor in the Netherlands and Sports Authority and Sports Chalet in North America put heavy pressure on Accell’s first half of 2018 results. Net turn-over was up only 0.3% in the first half of 2018, when compared with the first half of last year the net result decreased by 2.9% to 25.5 million euro....

Provisional Anti-Dumping Duties Apply to All Imported E-Bike Types

BRUSSELS, Belgium – The provisional anti-dumping duties announced yesterday on e-bikes imported from China are applicable to all e-bike categories; including L1 e-A and L1 e-B speed pedelecs as well as tricycles. In the European Commission’s 30-page document published in the EU Official Journal, almost all counter arguments brought forward by the Chinese industry and the e-bike Importers Collective since the May 3 EU regulation that made the e-bike import from China subject to registration, are ...

EU Industry Welcomes Provisional Measures on E-Bikes from China

BRUSSELS, Belgium – On yesterday’s announcement by the European Commission of the imposition of anti-dumping measures against the import of e-bikes from China, the European Bicycle Manufacturers Association (EBMA) says that it got “Broad support from EU Member States” and that it is “an essential step toward securing final trade defense measures.”...

Importers Collective: E-Bike Duties Are ‘Abuse of Trade Defense Instruments’

GAND, Belgium – In a reaction LEVA-EU and the Collective of Importers state “To deeply regret Brussels’ decision to impose provisional duties which may well deal a decisive blow to several European companies in the e-bike market, limiting consumer’s choice and forcing Europeans to pay the bill”....

Accell Group Appoints Ruben Baldew as CFO

HEERENVEEN, the Netherlands – Accell Group N.V. intends to appoint Ruben Baldew, currently financial director of Unilever Thailand, as Chief Financial Officer (CFO) and member of the Board of Directors. Ruben Baldew will succeed Hielke Sybesma, who left Accell Group in May of this year....

Italian CosmoBike Shifts to Consumer Focus and Scheduled for February

VERONA, Italy – Cosmobike Show is announcing major conceptual changes as well as the date of the event. Immediately after the 2017 edition the show organisation already announced the evaluation of the existing show concept. As a result the 2018 edition, which was planned for early September has been cancelled....