Bicycling

8/13/2025 |  EXEC: Giant’s DD Monthly Revenue Decline Trend Worsens Further in July 2025 (SGB UPDATE) The market believed it had seen the worst of the shipment woes for Giant Manufacturing Co., Ltd. (Giant Group) in June 2025, as sales for the month declined at the most significant year-over-year (y/y) rate since October 2023. Then came July 2025.

8/8/2025 |  EXEC: Shimano North America Agrees to Settlement in 2023 Crank Set Class Action Suit (SGB UPDATE) Shimano, Inc. is reporting that the U.S. District Court in California has issued a Preliminary Approval Order based on a settlement agreement between the plaintiffs of a class action lawsuit and Shimano North America Holding, Inc.

8/8/2025 |  Fox Factory’s Q2 Sales Top Expectations (SGB UPDATE) Fox Factory Holding Corp., the parent of Fox, Marucci, Method Race, and Wheels, reported second-quarter earnings on an adjusted basis improved 4.4 percent as a 7.6 percent revenue gain offset margin pressures due to product mix changes and the impact of tariffs. Results in its cycling component business were helped by the stabilization in bike sales.

8/4/2025 |  Soldier Hollow Nordic Center to Host 2026 UCI Mountain Bike World Series Event (SportsTravel) The Utah Olympic Legacy Foundation, in collaboration with the Union Cycliste Internationale and Warner Bros. Discovery, have announced Soldier Hollow Nordic Center will host a UCI Mountain Bike World Series event in 2026.

7/29/2025 |  EXEC: Shimano Lowers Full-Year Guide as China Bike Weakness Offsets Europe Jump (SGB UPDATE) Shimano Inc. reported its 2025 first half results on Tuesday, July 29, signaling that that the global economy maintained a moderate recovery but the company’s outlook remained uncertain due to the impact of trade policies around the world, prolonged conflicts in Ukraine and the Middle East, and a slowdown in the Chinese economy.