Amer/Salomon 2005: Sales Up, Profit Down
HELSINKI, Finland (Feb 15)- Finish Amer Sports, the new parent company of Salomon, announced a 2005 net sales increase of 32 % up to € 1.36 billion. ...
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Accell Group: 18% increase in Profit - But Tunturi Looses Production
HEERENVEEN, Netherlands - Accell Group N.V. realized a net profit of € 15.5 million over 2005 (2004: €13,2 million), which constitutes an 18% increase. ...
Bicycles Outsell Cars in Australia
CANBERRA, Australia (Jan 6) - Australians are turning in greater numbers than ever to pedal power, with bicycles outselling cars for the sixth ...
Decathlon Takes Third Place
VILLENEUVE D'ASCQ, France (July 13) - Decathlon, the French chain-store giant, is claiming to be the world's third largest bicycle supplier - right ...
Halfords Sales Up
Halfords Sales Up LONDON, UK (April 6) - Car parts and bicycle store chain Halfords says same-store sales grew 8.9 % compared to the equivalent 52 weeks ...
Kore is Coming Back
BIKE EUROPE: MAARSSEN, Netherlands (April 19) - After a three-year hiatus, Kore Cycling Components Inc. is coming back with exciting new products geared ...
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 ...
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 ...