Target Earnings Meet Expectations
MINNEAPOLIS, MN/USA (16 August 2000) -- US retail giant Target Corp. saw earnings rise 15% in the second quarter of this year. Sales for the quarter ...
DORMA Acquires 51% Stake in New Kynast Owner MBB Gelma
ENNEPETAL, Germany (15 August 2000) -- The DORMA Group, globally specialized in door control, door automation, security, locks and door fittings, has ...
Nike Continues US Athletic Shoe Dominance
WEST PALM BEACH, FL/USA (15 August 2000) -- According to latest sales figures by SportsTrend.Info, shoe giant Nike increased its share of the US ...
Concept Cycling Increases Turnover 30%
MANCHESTER, UK (15 August 2000) -- UK bike maker Concept Cycling has increased its turnover for the fourth year in a row. According to the company, ...
Toys R Us Profits Drop 75%
TRENTON, NJ/USA (15 August 2000) -- US retailer Toys R Us announced on Monday that second quarter profits plunged 75%. The company attributes the drop ...
MBB Gelma to Take Over Kynast AG
QUAKENBRUCK, Germany (9 August 2000) -- Kynast AG has found a new investor. MBB Gelma is the name of the German holding company that has acquired what ...
Euro Dives Under US$0.90 Psychological Border
BRUSSELS, Belgium -- Today the euro continued its plunge, this time dropping under the psychological US$0.90 border. The most recent turn for the worse ...
Summer Ispo Rolls to a Close
MUNICH, GERMANY - Today the European international sporting goods show Summer Ispo will close its doors. Held from 6 to August, Summer Ispo attracted ...
Dutch Industry Announces Higher Bike Prices
AMSTERDAM, Netherlands -- This morning the Dutch press agency ANP broke the news to Dutch consumers -- bicycles are going to be more expensive this ...
Tigra and Mondia Join Forces in Production Cooperation
SURSEE, Switzerland (3 August 2000) - The concentration trend seen elsewhere in Europe has finally made its way to Europe's neutral rock, Switzerland. ...
UK and France Cooperating on Electric Boats
LONDON, UK (3 August 2000) -- The age of electric vehicles just got a huge boost. The UK and France have annouced that they will cooperate in designing ...
Bike Europe Publisher Acquires Miller-Freeman Europe
LONDON, United Kingdom (1 August 2000) -- Less than a week after the Dutch publisher VNU purchased Miller-Freeman's US businesses from MFI Holding Inc., ...
Carrefour to become leading Retailer in Belgium
AVERY, France (1 August 2000) -- The French Carrefour Group has acquired GB, the leading food retailer in Belgium. Carrefour, which already owned 27.5% ...
Albers Steps Down at Specialized
MORGAN HILL, CA/USA (31 July 2000) -- Tom Albers has resigned as president of Specialized Bicycles, with founder and chairman Mike Sinyard taking over ...
Derby Sells Sturmey-Archer to Lenark Limited
NOTTINGHAM, UK (1 August 2000) -- Europe's largest bicycle group Derby Cycle Corporation has sold Sturmey-Archer, its bicycle gears, brakes and ...
Raleigh UK Employees Coast to Coast for Charity
NOTTINGHAM, UK (1 August 2000) -- On Saturday 10 Raleigh UK employees set off on a modest 137-mile bicycle ride that is taking them from one coast of ...
EU Anti-Dumping Duties Against China Remain 30.6%
BRUSSELS, Belgium (13 July 2000)--The European Commission has announced a definitive anti-dumping duty against imports of bicycles and other cycles ...
Dutch Sparta Relocating Factory in Mid-2001
HEERENVEEN, Netherlands (25 July 2000) -- The Dutch brand Sparta, acquired by Accell Group late last year, will move to a new site in Apeldoorn in ...