Turmoil in Suspension
BIEL, Switzerland Theres turmoil in the bike suspension business. Two take-overs are taking place. With the announcement that DT Swiss took over the ...
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Hayes Buys Answer/Manitou
MEQUON, USA Hayes Bicycle Group (manufacturers of the Hayes Disc Brake and Sun Ringle brands) has bought Answer/Manitou, maker of suspension forks and ...
Less Chance for Cycle Helmet Law in UK
LONDON, UK (April 28) - Attempts by Cumbria MP Eric Martlew to make helmets compulsory for young cyclists have suffered a major setback. The second ...
Steel is Real, but Terribly Expensive
MAARSSEN, Netherlands (March 31) -As the global demand for steel continues on it's unprecedented pace Manganese supplies have become short. Manganese is ...
Sugino Counterfeits
NARA, Japan - (March 24) Sugino had a hunch that counterfeit Sugino products were entering Japan, assembled onto Chinese-made bicycles. Sugino asked the ...
Brazilian Bike Industry Surpasses 1 million Units
SAO PAULO, Brazil (17 March) - The Brazilian two wheeler industry will surpass the magical 1 million unit mark this year. After an already excellent ...
Inflated Rubber Prices
HO CHI MIN City, Vietnam (January 30th) - Vietnam's export rubber prices have bounced to a 10 month high, pushing export values up while leaving ...
And Coke too…
MAARSSEN, Netherlands (April 6th) - The upsurge in demand for steel in China has some repercussions on coal too. The total import over 2003 was 2.6Mt - ...
How To Innovate while Reclining
TAICHUNG, Taiwan (January 22) - Giant focuses on Revive recumbents and electric bikes for the near future. After the near-demise of the mountainbike ...
Nokian - Still Some Stretch in Profits
NOKIA, Finland (February 17th) - The Nokian group's net sales and operating profit increased in Q4, and the entire period in review. All profit centres ...
China To Revalue Yuan
BEIJING - China (January 12th) - will make a one-off revaluation of the yuan within the first quarter of the year and move to a trade-weighted basket of ...
China Sacks Millions
BEIJNG, China (January 9th) - Some 3 million workers may lose their jobs every year until 2006 as China's over-staffed State firms streamline. ...
Halfords Cycles: Plus 20% Profit
LONDON, UK (Nov 24) - Bicycle retailer Halfords saw a 20.6% rise in interim pre-tax profit and said good like-for-like sales has continued into the ...
Bicycle Boom pushes Inflation in Zimbabwe to 411%
HARARE, Zimbabwe (Nov 15) - Zimbabwe's inflation rate rocketed to an annual rate of 411 % in October, buoyed mainly by soaring prices of bicycles as ...
Battery Maker China Shoto Ready for AIM listing
LONDON, UK (Oct 20) - Battery and power equipment maker China Shoto said yesterday it planned to list on London's junior AIM market in November with a ...
Exports to France Hit New Record
HCM CITY, Vietnam (Oct 27) - Vietnam's exports to France are likely to amount to € 1 billion Euro this year, doubling last year's figure, according to ...
Velo Saddles Opens up European Office
CHAVENAGO DI BRIANZA, Italy (Oct 25) - Velo, the leading Taiwanese saddle maker, has recently opened up a European branch. Headed by Salvatore Truglio, ...
Drop in Visitor-numbers for Interbike
LAS VEGAS, US - The organizers of the Interbike Show, which was held end of September, recently announced the number of visitors for the 2005 event. And ...
Steven Walsh To Relaunch Concept's Brands
MANCHESTER, UK (October 17) - Avocet Sports Limited has acquired some of the assets of Concept Cycling Group Limited from the Administrators, including ...
Harley-Davidson Posts A Strong Rise In Q3 Profit
Milwaukee, US (Oct 14) - Harley-Davidson announced its third-quarter profit rose nearly 16%, citing robust worldwide motorcycle shipments. However, the ...