Aprilia Looks for Capital
MILAN, Italy (31 March) - Rumours have been going around for some time that Aprilia was short on cash. Now officially, the company has announced to ...
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German Bike Maker MIFA To Go Public
SANGERSHAUSEN, Germany (March 4) - According to the German Merck Finck bank, Germany's self declared largest bicycle producer, MIFA is going public. The ...
Shanghai: Bridgehead into China
SHANGHAI, China (January 30th) - A grand total of US$ 5.26 billion profit was made by foreign companies in the Shanghai area, and that's in 2003 alone… ...
Huffy Takes a Fall
NEW YORK, US - (December 3rd) Huffy shares tumbled last Tuesday after the company revealed its forecast for the fourth quarter. The stock went down some ...
Light at the End of the Tunnel?
NEW YORK, US ( October 21st) - The latest figures from corporate US are totally different from what we are used to: Splendid! Is the word of choice ...
Karstadt Reports Structural Over-The-Counter Sales Drop
DUSSELDORF/ESSEN, Germany (November 17) - In its third quarter, which ended on September 30, Karstadt saw its over-the-counter retail sales decrease ...
Pacific Cycle/GT Bicycles Appoints Genesis Cycle Inc. Canadian Distributor
TORONTO, Canada (September 27) - Pacific Cycle/GT Bicycles has appointed Genesis Cycle Inc. as the new distributor of the GT brand of bicycles in ...
Shimano Expects Sales Increase in Bike Sector
OSAKA, Japan (May 23) - Despite the present difficult market situations in Europe and the US, the world's biggest bicycle component maker expects ...
Giant China to Launch Its Own Superstores
KUNSHAN, China (May 7) - Bicycle maker Giant-China is to launch its own Giant Outdoor Spirit stores in China and Taiwan soon. Giant's major reason is ...
England: Consolidation of Theft Prevention Programmes
ASHFORD, Kent UK (November 22) - Selectamark Security Systems have bought Bikeregister.com. This web-based security system for bicycles (registration, ...
Sprick Opens Huge Plant in Germany
MERKERS, Germany (14 August) - Merkers Rad bicycle factory in the federal state of Thuringia (former east zone) was opened officially. Since its ...
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) ...
Hero Stepping Up Production and Exports
LUDHIANA, India (June 11)- Major global bicycle producer Hero Cycles Ltd. manufactured 5.49 million bicycles in the fiscal year 2000-01. For the ongoing ...
Decathlon Sales Up 15%
VILLENEUVE D'ASCQ, France (June 4) - Even though Decathlon increased its sales by only 5% in France, total sales grew by 14.9%. Europe's largest ...
German 'Bicycles' Mail Order Supplier Expanding
BIELEFELD, Germany (31 January) - German bicycle mail order and B2C-supplier Bicycles, will open several outlets within the first quarter of 2001. The ...
California Takes First Toward Online Sales Tax
SACRAMENTO, CA/USA (1 September 2000) -- With the nationwide ban on internet-specific taxes set to expire this year and federal lawmakers considering a ...
Accell Group Sees Sales Rise 32.5% Through June
HEERENVEEN, Netherlands (13 July 2000)--Accell Group, Europe's third largest bicycle group, increased its turnover 32.5% in the first half of 2000 to ...
GT Reorganizes, Cuts Management
SANTA ANA, CA/USA (19 May 2000)--Only a few weeks after announcing that it was dropping domestic production, the GT bicycle division of Schwinn/GT ...
RockShox Downsizes, Plans Relocation
SAN JOSE, CA/USA (30 March 2000)--US bicycle suspension supplier RockShox has announced that it will reduce its workforce and relocate and consolidate ...
Shimano Sales Drop 9% in 1999
NUNSPEET, Netherlands (17 January 2000) -- Last week Shimano announced that it failed to meet the 2% sales increase forecast for the 1999 fiscal year. ...