Industry Ups & Downs: Look Mum No Hands & Machines for Freedom close, Parlee bankrupt, MIPS declines, Eurobike surges, SRAM grows

sales last year that highlighted a 50% Q4 2022 decline in helmet sales at the end of last year. MIPS’s overall annual sales didn’t sink nearly so far, but their CEO Max Strandwitz cited, a “drastic slowdown in the bike sector in the second half of the year” that had a “substantial negative impact” on the brand’s overall sales.

Another bit of sad industry news, this one compounded not just by the pandemic but also by the serious health issues. Mercury Wheels is shutting down, effective next week. So this is the last chance for road, gravel & cross bikes, as some seriously discounted prices. It’s really a bummer for us to hear this, and we wish Chris all the best.On a more upbeat note, the biggest bike industry tradeshow ,announced this week that they expect a full house this summer when they return to a second year at their new location in downtown Frankfurt, Germany.

” The e-mobility reference isn’t lost on us, as we do see more growth not only in performance e-bikes, but also as ebike alternative transportation, a welcome trend.SRAM expands in Taiwan

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