Tag Archives: Thule

Thule unveils new Epos bike rack, making transportation ‘easier than ever’

Thule has unveiled the Epos, the brand’s new fully foldable and tiltable towbar bike carrier. The product features a telescopic bike attachment system designed to transport bikes of any type or size – whether it is mountain bikes, gravel bikes or e-bikes. The core innovation of the Epos is the …

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Thule reports ‘rapidly declining’ demand for bike-related products in third quarter

Thule Group has published its interim report for July to September 2022, reporting a 23% decline in third-quarter sales year-on-year. Net sales for the quarter amounted to SEK 2,139m. Adjusted for exchange rate fluctuations, sales declined 29.4%. Net sales for the first nine months of the year amounted to SEK …

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BikeBiz’s guide to the latest cycle luggage

BikeBiz takes a look at the latest cycle luggage from some of the leading brands in the sector, including Ortlieb, Castelli, Zéfal, Thule, Deuter, Lezyne, ETC, Tern Bicycles, Passport, LifeLine, Topeak, Blackburn, Altura, Tailfin, Birzman, BBB, Vaude, Basil, M-Wave, Oxford and Muc-Off...

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Thule Group presents new long-term financial goals and sustainability ambitions

The Thule Group has presented new long-term financial goals and sustainability ambitions, in connection with its presentation of Q1’s financial results. Net sales for the first quarter of 2021 amounted to SEK 2,538m (1,744), corresponding to an increase of 45.5%. Adjusted for exchange rate fluctuations, sales increased 56%. Operating income …

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Thule Group sees 52% currency-adjusted growth in Q3

The Thule Group has reported currency-adjusted growth of 52% for the third quarter of 2020. This means the group has achieved a currency-adjusted sales increase of 7% for the first nine months of the year, said CEO and president Magnus Welander. Net sales for the quarter amounted to SEK 2,436 …

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Thule reports “solid quarter” despite negative effects of COVID-19

Thule has reported a “solid quarter” for Q1 2020 despite the negative effects of COVID-19 as of mid-March, the company has said in its latest financial report. The group said it had started the year “very strong” with increased sales, improved profitability and more efficient use of capital. However, when …

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BikeBiz’s guide to the latest cycle luggage

This month we take a look at the latest cycle luggage from some of the leading brands in the sector, including Zéfal, Thule, Serfas, Lifeline, Altura, Rixen Kaul, Tern Bicycles, SKS, Scicon Sports, Topeak, Evoc, Scott and Oxford Products Zéfal – Zéfal Z Adventure R11 Waterproof Saddlebag Distributor: Bob Elliot …

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