JJB Sales Drop - Company Will Not Be Sold
LONDON, UK (October 19) - Although a press release was issued last week, stating that negotiations with 'an undisclosed party' were underway, UK's ...
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Yen Drops Against Dollar
TOKIO, Japan (January 19th) - The yen had its biggest decline in five weeks against the dollar in London after the Yomiuri newspaper reported Japan has ...
Cannondale Ceased Motorcycle Production Temporarily
BETHEL/CT, USA (December 12) - Cannondale closed down its motorcycle production plant at Bedford, Pennsylvania, temporarily, due to poor sales in its ...
Go Sport: Soft First Half Sales
SASSENAGE, France (October 7) - Groupe Go Sport saw its first half net sales marginally increase by 1.1% to € 290 million. On a same store basis sales ...
Giacomelli 3Q Sales Up 69%
RIMINI, Italy (November 15) - Giacomelli Sport Group SpA reported a 69.3% sales jump to € 97.6 million in its third quarter, which ended on September ...
Giacomelli Swallows Longoni Sport
RIMINI, Italy (July 30) - Giacomelli Sport has taken over Longoni Sport, the third biggest chain in Italy. Upon this purchase Giacomelli is to become ...
Shimano Net Income Nearly Halved
OSAKA, Japan (July 30) - Over its fiscal year 2001, which ended on December 31, 2001, Shimano, Inc. reported lowered annual figures. Net group sales ...
Truvativ Opens European OEM-Sales Subsidiary
WIITEN, Germany (February 18) - Taiwanese-American bicycle component manufacturer Truvativ opened its own European subsidiary in Germany. Dirk ...
Despite 20 Year Low Bike Export, Positive Balance Sheets for Taiwan Makers
TAIPEI, Taiwan (March 6) - The shift in bicycle production from Taiwan to China becomes more and more pronounced . In 2001 sales totals of Taiwan-made ...
Halfords Results Up 5.6%
NOTTINGHAM, UK (January 21) - UK's biggest bicycle retailer, Halfords realized a 5.6% growth in overall retail sales during the period April 1 - ...
Changes at Raleigh, Univega and Diamondback in Germany
RIEMERLING, Germany (December 19) - Opened last October the German Univega sales office will close on December 31. The newly formed Raleigh Univega GmbH ...
Dutch Biggest PTW Retail Chain Declared Bankrupt
ROTTERDAM, Netherlands (January 3) - Dutch Euro Motorcycles Group NV including its chain of 'Safe Motors' stores has been declared bankrupt by the court ...
10th Eurobike Birthday Not Exactly Festive
FRIEDRICHSHAFEN, Germany (September 5) - This year's jubilee edition of the Eurobike show presented hardly any cause for celebration. Also the usual ...
Accell Announces Management Changes
HEERENVEEN, Netherlands - Accell Group NV has announced that Mt W.A. de Jong, Finance Director, is to leave the company as of May 1, 2001. Mr. de Jong ...
Piaggio Acquires Derbi
BARCELONA, Spain (24 January) - The rumors have finally been confirmed that Spanish motorcycle manufacturer Derbi headquartered in Martorelles ...
The Euro price point dilemma
MUNICH, Germany - The international European sporting goods show Winter ISPO is giving not only an idea about the newest product trends and innovations ...
Metro Restructures
BAAR, Switzerland (16 January) - Metro AG the Düsseldorf-based retailer and the world's third largest retail group, will become more independent due to ...
Giant Tops 4 Million
TAIPEI, Taiwan (29 January) - The Giant Manufacturing Co. announced in mid-January that in 2000 that for the first time ever the company has produced ...
MBB Gelma Continues Kynast with 400 Employees
QUAKENBRUCK, Germany (18 August 2000) -- Last Wednesday German bike maker Kynast officially announced that it has been taken over by MBB Gelma. Based in ...
Mavic Sales Exceed Expectations
ST TRIVIER SUR MOIGNANS, France (16 August 2000) -- In the first half of 2000 the Adidas-Salomon Group saw sales increase 7% to EUR2.8 billion and ...