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“We foresee improvement during the second half of model year 2017,” said Martin Schwartz, Dorel President & CEO. – Photo Bike Europe

Dorel's Bicycle Revenue Drops Double Digit

MONTREAL, Canada - Dorel Industries Inc. released the results for the first quarter ended March 31, 2016. Though the company's Home Furnishing and...

「我們巴西子公司Caloi面臨到充滿挑戰性的經濟狀況,包括了通膨上升和巴西貨幣里拉的貶值。」 Dorel 總裁兼執行長Martin Schwartz說。

Dorel 2015的業績表現因匯率波動而蒙上陰影

加拿大,蒙特婁- Dorel 2015的業績表現因匯率波動而蒙上陰影。Dorel 總裁Martin Schwartz在2015年公布業績時說:「不利的匯率衝擊到我們的盈餘約達4300萬美元。」

‘Our Brazilian subsidiary Caloi faced a challenging economy, including rising inflation and the devaluation of the Brazil real,’ said Dorel President and CEO Martin Schwartz.

Dorel's 2015 Results Overshadowed by Challenging Currency Rates

MONTREAL, Canada - Dorel's 2015 financial results are overshadowed by challenging currency rates. "The adverse exchange rates impacted our earnings...

“There is no 2-day demo in the world that compares to OutDoor Demo”, Interbike’s Vice President Pat Hus. – Photo Interbike

Leading Brands Return to Interbike Outdoor Demo

LAS VEGAS, USA - Interbike announced several new initiatives planned for OutDoor Demo, including the return of several brands and new events....

The text ‘OPI’ is printed diagonally across the stem/steering tube in black letters. – Photo Cannondale

Cannondale Recalls OPI Stem/Steering Tube

WILTON, USA - Cycling Sports Group, owner of Cannondale, issued a voluntary recall worldwide of its bicycles mounted with an OPI stem/steering tube....

Dorel Sports, including the Cycling Sports Group operating brands like Cannondale, Schwinn, GT, Charge, Fabric and Mongoose, also saw its sales decline in North America. – Photo Bike Europe

Dorel Sports Sees Sales Decline in Europe

QUEBEC, Canada - For the first six months of 2015 Dorel Sports (including its Cycling Sports Group division) saw its revenue decrease by USD 46.6...

Dorel Sports which includes the Cannondale Sports Group and Caloi, grew both its revenue and operating profit, excluding the impact of foreign exchange. – Photo Dorel

Dorel's Results Overshadowed by Currency Issue

MONTREAL, Canada - "Dorel's first quarter performance was significantly affected by the continued strength of the US dollar and resulted in a net...

London Bike Show mirrored what looks increasingly to be a tussle for the lucrative high quality end of the UK cycle market. – Photo London Bike Show

UK Market Moves to Hi-End Indicates London Bike Show

LONDON, UK - With the dust only just settling on the self-styled "UK's largest bike show" at the ExCel exhibition centre in east London it's clear it...

The first generation Zipp 88 hubs could incur retaining ring failure. - Photo SRAM

Zipp to Recall First Generation 88 Front Hub

INDIANAPOLIS, USA - Zipp has identified a technical issue with respect to a production range of Zipp wheels manufactured with the Zipp 88 front hub...

Dorel is currently discussing suitable price increases with retailers. - Photo Dorel

Strength of US Dollar Expected to Impact Dorel in 2015

MONTREAL, Canada - Dorel Industries Inc. today stated that the surge in the value of the U.S. dollar versus the majority of the company's other...