Accell 2004 Results: Big Ups in P&A and Fitness
BIKE EUROPE: HEERENVEEN, The Netherlands (February 24) - Accell Group NV produced and sold about 865,000 bicycles in 2004; up 7.5% on the total for ...
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Vietnam Exports to Europe: the Next Level
HO CHI MIN CITY, Vietnam - Two-way trade between Vietnam and Europe reached a turnover of US$ 9.16 billion in 2004, up by 19% over 2003. Just to give ...
Production Of Elan Bikes On Hold
LJUBLJANA, Slovenia (Feb 4)- Almost all the employees of Elan Bikes went on strike yesterday. This will continue until negotiations with the management ...
Raleigh Cycle Results: Onwards and Upwards
JERSEY, UK (Jan 27) - Raleigh Cycle Limited announced today that its financial results for the year ended September 2004 show a significant turnaround ...
CVC Sells Halfords Stake
LONDON, UK (December 7) - Six months after floating Halfords plc on the London Stock Exchange with a valuation of GBP 593 million (€ 858 million), ...
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 ...
MIFA: Details on going Public
SANGERHAUSEN, Germany (May 7) - Short time before becoming a public-hold company German bike producer Mitteldeutsche Fahrradwerke AG - Mifa in short ...
Oakley: More Stuff - Less Shades
FOOT HILL RANCH, US (February 17th) - Oakley continues its growth away from their original business - shades are selling in far less quantity than the ...
Cisalfa To Buy Giacomelli?
RIMINI, Italy (October 16th) - A rumoured €13 million is being offered for 80 of the 120 Giacomelli stores in Italy. Cisalfa Sport's offer comes at a ...
Receivership for Giacomelli
RIMINI, Italy (June 3) - Giacomelli Sports Group started procedures that would lead to a temporary receivership for its three subsidiaries including ...
Giant EasyBike Sells Well in Holland
LELYSTAD, the Netherlands (May 20) - In a press release, Giant mentions the fact that they have sold the first thousands EasyBikes since its ...
Cannondale Had Another Loss-suffering Quarter
BETHEL/CN, USA (November 11) - Cannondale Corp. saw its net loss further widen to US$8.4 million or $1.11 per share in its first quarter 2003, which ...
Cannondale: Annual Bicycle Profits Up
BETHEL/CT, USA (August 15) - Cannondale reported a 16% higher $1.4 million (€ 1.43 million) profit in its bicycle division over its fiscal year 2001/02, ...
Huffy Bike Sales Face Slowdown
MIAMISBURG, OH, USA (May 14) - Huffy Corp. saw its sales shrink with 13.5% to $70.4 million during its first quarter, which ended on March 31. One year ...
Cesare Rizzato (Atala) Taken Over
PADOVA, Italy (May 21) - One of the renowned names in the Italian bicycle industry, Cesare Rizzato has been taken over by TIM International SA. Due to ...
Taiwan industry to cooperate in R&D projects
TAIPEI, Taiwan (April 9) - The bicycle industry of Taiwan will form a self-called A Team in R&D Projects. This decision, in which assemblers Giant ...
Plans To Separate Halfords UK From Mother Boots Co. PLC
LONDON, UK (January 3) - According to a recent report in the UK Newspaper Sunday Telegraph, Boots Company PLC is about to turn England's biggest bicycle ...
Derby Cycle Germany to Close Rostock Facility
CLOPPENBURG, Germany (November 1) - Derby Germany is planning to concentrate its production in Cloppenburg. A press release issued yesterday states that ...
Successfull Year for Dutch Euretco Two Wheeler Unit
BREDA, The Netherlands (June 13) - Euretco, Holland's largest non-food retail organization, with around 2,100 trade partners in retail (among those: 208 ...
Swiss Cilo for Sale
BERN, Switzerland (May 9) - Swiss bicycle manufacturer Cilo is in financial difficulties. How serious the situation for Cilo is, is proved by the fact ...