Votec back on the track again
KARLSRUHE, Germany (April 15) - Through a management buy-out Votec has restarted its operations. Former Sales & Marketing Director Andreas Engmann ...
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Bankruptcies and Troubles in Czech Industry
PRAGUE, Czech Republic (December 13) - The present situation in the bicycle industry in the Czech republic is short of dramatic. The 11 September events ...
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, ...
EU Legislation Forces Bike Industry To Review Communication
LUDWIGSBURG, Germany (January 9) - Since January 1, 2002 consumers are offered improved and harmonised legal protection against faulty goods including ...
Malaise in Worldwide Bike Market
MAARSSEN, The Netherlands (November 13) - The worlds' bicycle markets are presently facing the biggest drops in sales in over a decade. Taiwan is hit ...
Piaggio and MV Agusta/Cagiva Aiming for Merger
PONTADERA, Italy (July 27) - Piaggio Holding S.p.A. announced this week that it will take a 20% stake in the increased share capital of MV Agusta ...
Accell Half Year Results: 41% More Profit
HEERENVEEN, Netherlands (July 16) - Accell Group NV realized a net profit of EUR 2.6 million during the first half year of 2001 which represents an ...
2001 EU Bicycle Sales Down 15%
BAD SODEN, Germany (May 15) - During the annual meeting of the German Industry Association ZIV it was estimated that bicycle sales dropped by 10 to 15% ...
Accell Group Books 41% Increase in Net Profit
HEERENVEEN, Netherlands (16 February) - Accell Group NV booked a net profit of 4.2 mn Euro (US$3.8 mn) in 2000. The increase took place in ordinary ...
Karstadt Quelle AG Joins GNX
ESSEN, Germany - According to the Suddeutsche Zeitung, German retail giant Karstadt-Quelle AG joined the global internet platform GobalNetXchange - GNX ...
Dutch Bicycle Sales up 25% in July/August
AMSTERDAM, Netherlands (October 17) - In the first six months, Dutch bicycle sales were up only 1% on the previous year's first half. But during July ...
Race Face Awarded
VANCOUVER, Canada, (2 January) - Race Face Components Inc. announced that the company has been selected as 'One of Canada's 50 Best Privately Managed ...
Karstadt-Quelle: Impressive Figures
ESSEN, Germany - (October 17) During the first six months of this year German retailer Karstadt-Quelle saw pre-tax profits of DEM 96.8 milliom (US$ 43.5 ...
Derby Sells Sturmey-Archer to Lenark Limited
NOTTINGHAM, UK (1 August 2000) -- Europe's largest bicycle group Derby Cycle Corporation has sold Sturmey-Archer, its bicycle gears, brakes and ...
Huffy Earnings Up 62.5% in First Quarter
DAYTON, OH/USA (18 April 2000)--Huffy Corporation announced first quarter earnings of US$1.3 million, up 62.5% from the US$800,000 recorded for the same ...
Derby Cycle Profit up 5% in 1999
STAMFORD, CT/USA (27 March 2000)--Last year Derby Cycle Corp. sold 340,000 more units than in 1998. This number includes the 252,000 units sold by ...
Accell Group Profits Down 33% in 1999
AMSTERDAM, Netherlands (11 February 2000)--The Accell Group, Europe's third largest bicycle group, posted profits of NLG6.6 million (US$2.9mn) in 1999, ...
Jack Wolfskin Founder Creates New Company
BIELEFELD, Germany--Ulrich Dausien, founder and former owner of the German outdoor company Jack Wolfskin and current owner of Sine (outdoor retail ...
Dahon Sales Conference in Positive Mood Again
DUARTE, USA - Folding bike specialist Dahon concluded its sixth annual international sales conference in Malaysia mid-May, where the company hosted ...
Cervélo Adopts Flexible 'Model Year' Strategy
CLOPPENBURG, Germany - "To create a new, more profitable way of doing business Cervélo decided to move away from the 'model year' concept toward a more ...