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Dorel Sports, including Cycling Sports Group, turned out to be bleeding due to an operating profit loss of close to USD 34 million. – Photo Bike Europe

Dorel and its Cycling Sports Group Reports Loss for 2016

MONTREAL, Canada - Dorel Industries Inc. today announced its results for 2016 which showed a 3.0% drop in revenues to USD 2.60 billion (€ 2.5bn)....

‘Purchasing patterns of US IBDs are changing significantly,’ said Dorel President and CEO Martin Schwartz at the presentation of third quarter results. – Photo Bike Europe

Dorel Reports Sharply Deteriorating Results

MONTREAL, Canada - Dorel's Sports segment, including the brands Cannondale, Schwinn, Mongoose, GT, Caloi, and Sugoi, continues to put heavy pressure...

Dorel 執行長Martin Schwartz說：「儘管如此，我們對於我們的自行車業務仍感到十分興奮且信心堅定。」-Photo Dorel

Dorel 因利潤下降而立即組織重組

加拿大，蒙特婁 (Montreal)－Dorel 運動部門在1到7月的營業利潤下滑約300%後，讓Dorel迅速決定減少其勞動人力、並於今年第三季進行營業組織重整。

Dorel 總裁兼執行長Martin Schwartz說：「在加入2017年式的新車款後，我們預期在後半年會看到銷售改善。」-Photo Bike Europe

Dorel 自行車收益下滑了兩位數

加拿大，蒙特婁- Dorel Industries Inc.發布了到2016年3月31日的第一季財務報告。雖然該公司的家具和青少年服飾部門都有正面的財務業績表現，但Dorel Sports則出現了營收和收益雙雙下滑的報告。

“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...

Whether the appointment of Russell Merry is related to Dorel Sports’ declining sales in Europe is not noted in the Dorel statement. – Photo Dorel

Dorel Sports Announces Management Changes

WILTON, USA - Dorel Sports, a segment of Dorel Industries named Russell Merry Senior Vice President & General Manager North America and the UK,...

Martin Schwartz, Dorel President and CEO, “We are confident about the year ahead.” – Photo Dorel

Dorel: Decline in 2013 Results, but Positive on 2014

MONTREAL, Canada - Dorel Industries Inc announced that its 2013 fourth quarter Recreational/Leisure earnings which includes bicycles will be...

State of Connecticut governor Dannel P. Mallow: The State will consider a US$ 3 million loan to assist Cannondale Sports Unlimited establish a new headquarters and add 75 new job in Wilton, Connecticut.” - Photo State of Connecticut

Cannondale & Co. Expands Operations

HARTFORD, USA - After announcing the opening of a first own multi-brand store under the name 'Cannondale Sports Store'.

Cycling Sports Group To Open European R&D Center

Cycling Sports Group To Open European R&D Center

The Cycling Sports Group (CSG), a division of Dorel Industries, announced the opening of a new European Research & Development Center to open in the...

Cycling Sports Group Increases Partnership with SRAM

Cycling Sports Group Increases Partnership with SRAM

Cycling Sports Group (CSG), a division of Dorel Industries will speed up its partnership with SRAM. The extended relationship and cooperation will...