News
Curtain Drops for French Wholesaler Alvarez
AUCH, France – French wholsesaler José Alvarez has gone into receivership. The recapitalization that took place last year and the new MD – Eric Calmand - that took control at the beginning of 2008 apparently were not enough to rescue the company. According to the French trade publication Sporting Goods Intelligence, the company was burdened with outstanding debts of € 8 million.
For some years there has been talk about financial problems at Alvarez, part of a holding company called netHub along with bike retail chain Bouticycle. After an April 2007 shareholders meeting netHub managers Francoise Ricouard and Alain Goetzmann were forced to resign and left the company. José Alvarez shows on its website that it still distributes parts and accessories from brands like Hayes, Easton, Campagnolo, Zefal, Vittoria and others.
More news
- 12-03-2010 - Latest News: Dorel Scores Flat '09 Results
- 12-03-2010 - Upbeat Mood Expected at Taipei Cycle as Taiwan Makers Report Solid 2010 Start
- 12-03-2010 - Batavus City-Transporter BUB Wins IF Gold Award 2010
- 11-03-2010 - SR Suntour Launches North America Subsidiary
- 10-03-2010 - Finland Served by One Tunturi-Hellberg Warehouse
- 10-03-2010 - Intermot Introduces 'e-Motion' Event
- 09-03-2010 - East European Bike Sector Hit Double Hard
- 09-03-2010 - Dahon Opens European Service Centre
- 05-03-2010 - Fastest e-Bike on Earth
- 04-03-2010 - SRAM Keeping e-Bike Parts under Close Wraps until Taipei
- 04-03-2010 - ZEG: Record Results in '09, Continues International Expansion
- 03-03-2010 - Indian Makers Plead for Government Funds to Modernize Industry
- 03-03-2010 - Test: Car Airbag to Protect Cyclists
- 03-03-2010 - Polish Bike Industry Association Founded
- 02-03-2010 - Rising Lead-Times for Alloy Frames; Bike Makers Turning to Eastern Europe
- 02-03-2010 - German Conference Calls For Stronger National Bicycle Plan
- 26-02-2010 - Accell Group's Profit Up
- 25-02-2010 - Taipei Cycle 2010: More Than 900 Exhibitors
- 25-02-2010 - Rigida/RYDE/Weinmann Starts Production in Huizhou, China Plant
- 24-02-2010 - Future EU Emission Rules to Become Driving Force for
e-Bikes
For its 2010 component range, Campagnolo presents a brand new 12-29 cassette for 11-speed drivetrains. The new cassette exceeds the commonly used 28 teeth of the sprockets offered by the competition and enables the 11-speed drivetrain to be even more versatile. In fact, the new