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, ...

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 ...

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 ...

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 ...

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 ...

CLOPPENBURG, Germany (November 1) - Derby Germany is planning to concentrate its production in Cloppenburg. A press release issued yesterday states that ...

BREDA, The Netherlands (June 13) - Euretco, Holland's largest non-food retail organization, with around 2,100 trade partners in retail (among those: 208 ...

BERN, Switzerland (May 9) - Swiss bicycle manufacturer Cilo is in financial difficulties. How serious the situation for Cilo is, is proved by the fact ...

TOKYO, Japan (5 March) - Honda Motor Co. will cut the number of its motorcycle models by one-third to 200 to help the automaker save on production and ...

LONDON, UK / KIRCHZARTEN, Germany (5 March) - On March 1 of this year Schwinn/GT UK Sales Ltd. went into receivership. According to Jürgen Eckmann, ...

STANFORD, Conn, USA (19 December) - With the appointment of Alan Finden-Crofts as the new Executive Chairman for Derby Cycle Corp., the position of ...

DÜSSELDORF, Germany (22 January) - In fiscal year 2000 the German retail giant Metro AG increased its total net sales by 7.1 percent to DEM 91.8 billion ...

OSAKA SAKAI, Japan (15 August 2000) -- Shimano is planning to expand its European production in the near future. On 10 August an article appeared in the ...

BENTONVILLE AR/USA (11 May 2000)--In the first quarter of 2000 retail giant Wal-Mart recorded US$1.326 billion in earnings (or 30 cents a share), ...

TOKYO, Japan (17 February 2000)--After years of strong growth, EPAC production and sales in Japan are declining rapidly. In 1998 Japan's electric ...

COLOGNE/WUPPERTAL, Germany (28 January 2000)--According to the February issue of the German economic journal Manager Magazin, Jan von Haeften, chairman ...

LONDON, UK - The total number of bicycles sold in the UK in 2020 reached an estimated 3.3 million units, data from market intelligence agency Mintel has revealed. This is a 22% rise on the 2019 sales. Although e-bikes are yet to play a key role in volume to the same degree as in other European markets, they have pushed the market value over the billion-pound barrier.

LONDON, UK - According to the latest statistics published by the UK government, 2020 has shown huge growth in the value of e-bikes imported into the UK. For the first time, the value of e-bikes imported from other EU countries overtook those from outside the EU. In the first nine months of 2020, the total value of e-bike imports already stood at around €109.56 million. This is a 31% hike in value compared to €89.78 million for the full 12 months in 2019.

BRUSSELS, Belgium - A provisional agreement on the overhaul of the EU battery regulations has been reached by the European Parliament and Council. The initial proposal was presented in December 2020 by the European Commission. The agreement reached on Friday 9 December still awaits formal approval.

BRUSSELS, Belgium - The European Union is after 10 years now at the eve of its largest reform of the EU competition law rules, which will govern the relationships between manufacturers, brands, importers, distributors and retailers throughout another 10-year-period from June 1, 2022 onward.