Sachs FMT Looks for Asian Partner
NEURENBERG, Germany (August 7) - Sachs Fahrzeug und Motorentechnik (FMT) GmbH wants to transfer a large portion of its manufacturing activities overseas ...
Decathlon Starts in Poland
WARSAW, Poland (August 9) - Decathlon recently opened its first outlet in Poland after three years of market analysis. The multi-category sports formula ...
Correction: Merida Buys 49% of Specialized
TAIPEI, Taiwan (August 8) - Merida Industry Co. stated today that it has acquired 49% of Specialized Bicycles Inc., the US company that was first in ...
Merida Buys Not 49% But 19% of Specialized
TAIPEI, Taiwan (August 3) - Contrary to earlier reports in several media, Merida Industry Co. recently acquired not 49% but 19% of Specialized Bicycles ...
YST: Casualty of the Mini-Scooter Craze
TAICHUNG, Taiwan (August 3) - The mini-scooter fad has come to an end, and at least one Taiwan manufacturer has been left hurting. The Yu-Sheng Traffic ...
Hero Cycles: Huge Investments for Increased Export to EU
LUDHIANA, India (August 1) - Hero Cycles is investing US$18 million (Euro 21 mn) in a series of initiatives to give a thrust to its export markets. The ...
Aldi offers full suspension mountanbikes to killer prices
MUNICH, Germany - German mass merchant Aldi is immediately reacting on the current good weather in most parts of Europe. New bicycles and equipment have ...
Piaggio and MV Agusta/Cagiva Aiming for Merger
PONTADERA, Italy (July 27) - Piaggio Holding S.p.A. announced this week that it will take a 20% stake in the increased share capital of MV Agusta ...
Tour de France materials
NUNSPEET, Netherlands (29 july) - In sheer numbers, Shimano must be the outright winner of the past Tour de France. Tallying groups, pedals and shoes ...
Trisport Changes From Importer to Agency
DORTMUND, Germany (July 27)- German bicycle Parts & Accessories distributor Trisport gave up its exclusive import brands and will continue as an ...
COLIBI Elects New Vice-President
BRUSSELS, Belgium (July 27) - At its last General Assembly in Brussels, COLIBI officially nominated Mr. Romano Antichi as new the Vice-President of the ...
Derby Pays Debts After Gazelle Sale
WASHINGTON, USA (July 24) - According to the US Securities and Exchange Commission (SEC), the Derby Cycle Corporation has paid its debtors after the ...
COLIBI Regrets Withdrawal of BAGB
BRUSSELS, BELGIUM (July 24) - The Comité de Liaison des Fabricants Europeéns de Bicyclettes, COLIBI regrets the withdrawal of the Bicycle Association of ...
German Daily Press Picks Up Hub Gear Dumping Case
MUNICH, Germany (July 16) - The renowned German newspaper 'Süddeutsche Zeitung' picked up the ongoing dumping case claim of US bicycle component maker ...
Huffy To Buy Schwinn Trademark
MIAMISBURG, USA (July 18) - Huffy Corporation has entered into an agreement to buy the trademark and certain assets of competitor Schwinn/GT Corporation ...
UVEX investst DEM 20 million
FUERTH, Germany (18 July) - Uvex Group, consisting of four working companies (Uvex Labour Protection, Uvex Sports, Alpina sports and Filtral Opticals) ...
Accell Half Year Results: 41% More Profit
HEERENVEEN, Netherlands (July 16) - Accell Group NV realized a net profit of EUR 2.6 million during the first half year of 2001 which represents an ...
Ritchey and Shimano Sign SPD® License Agreement
LUGANO, Switzerland (12 July) - Shimano Inc. and Ritchey design Inc. have reached an agreement that licenses Ritchey to manufacture and distribute ...