The use of sport as a medium through which business executives network and broker deals is nothing new, but the growth of road cycling in this space is a relatively recent phenomenon. International Cycling Executives has been at the leading edge of the C-suite transfer from fairway to pavé.
This week: 2015 bicycle market data from Japan’s Bicycle Promotion Institute; Inabike, Indonesia’s annual bicycle exhibition; 2015 Australian National Cycling Participation Survey; Bicycle Trade magazine; Korea’s booming bicycle industry.
Members of cycling forums in this part of the world have written with equal parts admiration and frustration whenever the name ‘Canyon’ has been mentioned in recent years. With its online business model, the German brand has no shortage of eager buyers but has not been ready to enter the lucrative, but complicated, Oceania marketplace.
In the last decade of composite everything, the release of a new aluminium road bike should elicit little more than wearied acknowledgement from a carbon-centric industry. Yet push aside the Alpha this and invisible weld that on this month’s latest product release from Trek, and you’ll see conventions being broken.
Spectrum Worldwide, the Singapore-based event management company which owns and operates several mass participation cycling events, including the hugely-successful OCBC Cycle Singapore, this week launched ‘Cycle Asia’; a regional concept promising to give amateur cyclists access to closed-roads events in some of Asia’s biggest cities.
As professional road cycling continues to spread its global wings, it has been fascinating to witness the number of Asian, Australian and Kiwi cyclists breaking into the top echelon of professional road cycling; sometimes via quite long and convoluted pathways. Starting with Oceania, Cycling iQ looks at where “home” is for these pioneering riders.
Corporate sector investment into cycling is diverse and fragmented. It could be the CFO of a major financial institution purchasing his first Colnago, an IT company sponsoring a local cycling club or a law firm providing cycling facilities for its partners. Ryan O’Neill, founder of Australian Cycling Executives, is building a platform that aspires to … Continue reading
Watching Special Broadcasting Service’s (SBS) live coverage of the Australian national road cycling championships last weekend, it was impossible to ignore the weight of UCI WorldTour team jerseys. Whether Australia is a globally competitive road cycling nation is no longer a question.
As commerce increasingly migrates to online “pure play” platforms, the reactions from high street businesses are diverse as the stores themselves. Cycling iQ speaks to one bicycle industry player with a dual-mode model that hedged against such change whilst embracing it at the same time.
The Australian Government’s Productivity Commission report on the ‘Economic Structure and Performance of the Australian Retail Industry’ was made public last week. The bicycle industry’s wholesale peak body, Bicycle Industries Australia, wasted no time in delivering its own interpretation of the report’s recommendations concerning online imports.