Hero Honda Q1 Profit Up, Outlook No So Good
BOMBAY , India (July 18) - India's top motorcycle maker, Hero Honda Motors Ltd., posted a weaker-than-expected 7% rise in quarterly profit as high raw ...
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ACT Backs Enquiry into State of UK retail
LONDON, UK (June 14) - ACT is backing a parliamentary enquiry to investigate trends in the UK retail market with a view to answering public concerns ...
Shimano Shifting Down (Slightly)
OSAKA, Japan (July 13) - The raving reports on Shimano's net profits that we were getting used to, are tuned down slightly. In '03 the company recorded ...
More Managers Leave Giant
LELYSTAD, The Netherlands (May 19) - After Dirk Kurek (sales manager) and Frank Schreiner (marketing/product manager) of Giant Germany, now also the ...
Move against Counterfeiting
MAARSSEN, Netherlands - A well known fact, outsourcing brings great savings, but also brings new problems. Many companies have their products made in ...
Taiwan Bike Makers Hit Record Revenues
TAIPEI, Taiwan - Taiwan's top two bicycle makers, Giant Manufacturing Co., Ltd. and Merida Industry Co., Ltd., are expected to score record annual ...
Taiwan Top-2 Bicycle Makers: Record Revenues in 2004
MAARSSEN, Netherlands (Jan 20) - Taiwan's top-two bicycle makers, Giant Manufacturing Co., Ltd. and Merida Industry Co., Ltd., both raked in record-high ...
Ducati Year Result Worse than 2003
MILAN, Italy (November 16) - Italian motorcycle company Ducati announced that full-year results would be worse than 2003, with losses in the third ...
Taiwan Bike Makers Step Up Production
TAIPEI, Taiwan (November 2) - In a bid to fill the flooding orders, all the top-three bicycle makers in Taiwan have decided to prolong working hours ...
New Shimano Distributor in Slovenia and Croatia
NUNSPEET, Netherlands (October 5) - Due to a reorganisation of Shimano's sales channel, CS-Eurotrade d.o.o. is the new Shimano distributor for Slovenia ...
Raleigh: Saved by the Chopper?
NOTTINGHAM, UK (May 25) - For the first time in four years Raleigh has made a decent profit: it recorded GBP 150,000 (€ 224,320) on sales of GBP 35 ...
Huffy Corp. sells Gen-X Opportunity business
MIAMISBURG, Ohio (March 24) - Bicycle-maker Huffy Corp. said Monday it sold its Gen-X Opportunity business for an undisclosed amount. Gen-X Opportunity, ...
Russia's GDP up 8% in Q1
MOSCOW, Russia (May 4) -Russia's GDP grew 8 percent in January-March 2004 compared to the same period last year, according to the Economy Ministry of ...
Mavic: Jewel in Adidas' Crown
PARIS, France (April 14) - French wheel manufacturer Mavic is turning out to be the jewel in the crown of the Adidas-Salomon Group. Of all the ...
Gonso: Ready for Takeover
ALBSTADT, Germany (March 22) - Gonso, the German manufacturer of (bike) apparel is on the brink of a take over. The company went into judicial ...
More Profit for Shimano
NUNSPEET, Netherlands (February 24th) - Another 6.6 % extra turnover for Shimano in 2003. The good summer and resulting excellent sales have done ...
Accell Group Adjusts Profit Forecast Upwards
HEERENVEEN, Netherlands - (November 7) - Accell Group NV announced that sales of the new bicycle collections are going well and are generating positive ...
Accell Results Favourable Despite Slow Consumer Spending
HEERENVEEN, the Netherlands (July 16) - Accell Group N.V. announced today that its earnings per share have risen by 39% over the first half of 2003 to € ...
Dutch Gazelle Goes to Germany
DIEREN, The Netherlands (February 17) - Gazelle bicycle manufacturers will step into the German market for high-end bicycles. As a first step, Gazelle ...
Culture-Vélo
TOULOUSE, France (April 17) - Culture-Vélo has opened an outlet in Toulouse-Blagnac. The shop has been bought from Veloland, but has been transformed to ...