Take Over of Vuelta International
BOLOGNA, Italy - Vuelta International has been taken over. The renowned Italian rim & wheelmaker is now owned by a private investment company called ...
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Arkus Polands Export Director: We are NOT Guilty!
MAARSSEN, Netherlands - Yesterday, we reported on an alleged surprise check by EU inspectors at the Polish Arkus bike factory. The charges would have ...
Dorel Profit Drops 35% on Weak Bicycle Sales
TORONTO, Canada (Mar 3) - Dorel Industries Inc.'s fourth-quarter profit sank 35 %, the maker of furniture, children and recreational products said on ...
Hero Honda Q3 Profit Rises 20%
MUMBAI , India (Feb 1) - India's top motorcycle maker, Hero Honda Motors Ltd., posted a better-than-expected 20 % rise in profit on robust sales. Hero ...
Shimano Cuts Forecast on Oversupply
OSAKA, Japan (Aug 23)- Shimano Inc., the world's largest maker of bicycle parts, trimmed its full-year forecast for the second time in three months as ...
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 ...
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 ...