Thursday, August 18, 2022
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Wheels & More Bike

Biking craze: Demand out-pedals cycling industry

AFPbyAFP
July 23, 2020, 9:05 pm
in Bike, Biz Plus
Reading Time: 3 mins read
A A
73
SHARES
Share on FacebookShare on TwitterShare on Email

By Juliette Vilrobe

Paris, France”•Bikes are booming across the globe as people seek to avoid crowded buses and trains for their daily commutes in the wake of the coronavirus pandemic”•or get back into shape after long months of lockdown.

But with sales exploding in many countries, the current cycling craze has left manufacturers and retailers out-pedaled by demand.

In Paris, where mayor Anne Hidalgo has been working hard to put cycling on the map, vastly increasing the number of bike lanes in recent years, would-be buyers often have to wait weeks to get their hands on a brand new velocipede. 

In this file photo taken on May 16, 2020 cyclists ride on the rue de Rivoli in Paris as France eases lockdown measures taken to curb the spread of the COVID-19 pandemic, caused by the novel coronavirus. AFP

  “For three or four weeks now, I’ve had a dozen or so clients waiting. And I’ve had to return money to a few because I simply have no idea when I’ll have bikes for them,” independent Paris retailer Federico Mosca told AFP.

ADVERTISEMENT

One customer, 31-year-old Nicolas, said he had visited as many as eight different shops before getting lucky.

And even then, he was forced to bust his budget and buy a more expensive model than planned because the cheaper bike he wanted was sold out.

“I was looking for a specific bike and had given myself a month to buy one, but it’s not available anywhere,” he said.

Leading retail chain Decathlon said it too has waiting lists, but it can also refurbish second-hand bikes for more impatient customers.

French bike sales doubled in May and June compared to the same months last year, according to the sporting and cycling federation.

Sales are booming in most countries around the world.

Decathlon calculated that in Europe overall, sales “have increased two- and even threefold.”

In China, demand has increased fivefold since lockdowns were eased.

And in the US, sales of bikes have exploded, with online purchases alone skyrocketing in May by 5,000 percent over the figure for the same month last year.   

Overall US sales, both online and in-store, jumped by 81 percent year-on-year to $1.1 billion (957 million euros) in May, according to People for Bikes, a coalition of manufacturers and retailers.   

Broken chain

But in addition to runaway demand from the end consumer, lockdowns have also made it difficult for European and US manufacturers to obtain parts.

The Confederation of the European Bicycle Industry (CONEBI) estimates that 45 to 50 percent of parts for all bikes sold in Europe are imported from Asia.

Moreno Fioravanti, secretary general of the European Bicycle Manufacturers’ Association (EBMA), said the industry has “lost three months of production of components, and our stockpiles were used up in only two months.”

Pancho Pimentel, marketing chief for Summit Bicycles, which has five stores in California, said “there are shortages everywhere, from bike brands to parts.”

Cycling  “works off of a global supply chain that has been interrupted   due to COVID-19 and its consequences are being seen in every category,” he said.

According to CONEBI, 7.3 million bikes and e-bikes were imported into Europe last year, principally from Taiwan and Cambodia.

The world’s leading manufacturer, Taiwan-based Giant, saw its European sales increase by 140 percent year-on-year in June, driven in particular by sales of e-bikes.

Its order book is full until the first half of next year and it is similarly optimistic for the second half.

However, CONEBI’s director general, Manuel Marsilio, said the bike shortage was not as bad as some people might suggest.

“There was some shortage because of two months of lockdown, due to the fact that EU production stopped,” he said.

“But our bike industry is working very hard to fill the gap. It is a very positive thing that we have so many small and medium-sized makers all over Europe, who are very flexible.

“Most EU producers will continue to work also in July and August, so there won’t be a halt in the summer,” he said.

Tags: FranceParis
ADVERTISEMENT
AFP

AFP

Related Posts

Britain labor shortages see mass of food go to waste

byAFP
August 17, 2022, 7:35 pm
0
133
Banaag assumes post as Bright Kindle director

LONDON, United Kingdom—More than £60 million ($72 million) worth of food went to waste in Britain in the first half...

Read more

Torrid weather increases egg prices in China

byAFP
August 17, 2022, 7:30 pm
0
138
Banaag assumes post as Bright Kindle director

Beijing, China—Scorching temperatures in eastern China have pushed up egg prices because hens are laying fewer in a hotter-than-usual summer,...

Read more

London has lost 1 in 7 pubs and bars since 2022

byAFP
August 16, 2022, 6:40 pm
0
161
Banaag assumes post as Bright Kindle director

LONDON, United Kingdom—The City of London financial district, one of the world’s leading business hubs, has lost one in seven...

Read more

In scorched England, source of River Thames dries up

byAFP
August 16, 2022, 6:35 pm
0
358
In scorched England, source of River Thames dries up

By Tangi Quemener ASHTON KEYNES, United Kingdom—At the end of a dusty track in southwest England where the River Thames...

Read more

SPEC PROPERTIES INC.: Notice of Meeting

byManila Standard
August 16, 2022, 7:30 am
0
158
Banaag assumes post as Bright Kindle director

Read more

WESTERN PANAY HYDROPOWER CORPORATION: Notice of Meeting

byManila Standard
August 16, 2022, 7:00 am
0
145
Banaag assumes post as Bright Kindle director

Read more

Stories you may like

  • People …are talking about Liza Soberano

    Supermodel son is Philippine bet in Manhunt International

    12335 shares
    Share 4934 Tweet 3084
  • How love kept Zoey Taberna alive

    10152 shares
    Share 4061 Tweet 2538
  • Another oil price rollback likely as world economy further stalls

    1467 shares
    Share 587 Tweet 367
  • Judgments and their execution

    1298 shares
    Share 519 Tweet 325
  • SMART/MVP-PH Team joins ‘22 Asian Taekwondo Championship

    1112 shares
    Share 445 Tweet 278

Print Edition

View More

Recent Posts

  • US says China to pursue ‘growing coercion’ of Taiwan
  • Four killed, 27 missing in northwest China floods
  • Asian markets drop as Fed minutes cause fresh rate hike woe
  • Tokyo Olympics exec arrested over bribery allegations
  • Hundreds evacuated as ‘frightening’ floods hit N.Zealand
  • Cheney defeat marks Trump’s win over traditional conservatism
  • Anger as US court says teen not ‘mature’ enough for abortion
  • ‘Captain America’ Reed files $750m law suit over ‘malicious attacks’

Advertisement

Latest News

Cheney defeat marks Trump’s win over traditional conservatism

byAFP
August 18, 2022, 9:00 am
0
151
Cheney defeat marks Trump’s win over traditional conservatism

Republican scion Liz Cheney's primary defeat to a hardline Trumpist rival underlines the dramatic shift the party has undergone under...

Read more

Anger as US court says teen not ‘mature’ enough for abortion

byAFP
August 18, 2022, 8:00 am
0
145
Anger as US court says teen not ‘mature’ enough for abortion

An appeals court in Florida has upheld a ruling that a 16-year-old girl is not "sufficiently mature" enough to get...

Read more

‘Captain America’ Reed files $750m law suit over ‘malicious attacks’

byAFP
August 18, 2022, 7:00 am
0
146
‘Captain America’ Reed files $750m law suit over ‘malicious attacks’

US golfer Patrick Reed, who departed the US PGA Tour for the Saudi-backed LIV Golf Series, has filed a $750...

Read more

TikTok girds for US election misinformation threat

byAFP
August 18, 2022, 6:00 am
0
138
TikTok girds for US election misinformation threat

TikTok on Wednesday rolled out its battle plan against the deluge of misinformation expected to accompany the upcoming US midterm...

Read more

Sneakers for Makati : AB4.0

byManila Standard
August 18, 2022, 1:40 am
0
1.1k
Sneakers for Makati : AB4.0

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App