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Dorel Sports including its premium bicycle division, Cycling Sports Group (CSG), saw its operating profit decrease to operating loss. – Photo Dorel

Dorel Has Difficult 1st Quarter; Sports Division Takes Another Blow

MONTREAL, Canada - The liquidation of Toys"R"Us in the U.S. hampered listed Dorel Industries Inc in the 1st quarter of 2018. It turned Dorel Sports...

To underline e-bike importance for Cannondale; currently six models are offered of its pioneering e-MTB Moterra. – Photo Cannondale

Dorel Focusses Stronger on E-Bikes

FREIBURG, Germany - Listed Dorel Industries, one of the sector's top players, is setting its sights stronger on e-bikes. The holding company's...

The close down of the US toy chain store giant also has a direct impact on the bicycle business. - Photo Bike Europe

Toys"R"Us to Close 735 US Stores

WAYNE, USA - Yesterday the toy chain store giant Toys"R"Us announced it will close or sell all its 735 stores in the US. The financially struggling...

Dorel Sports’ full year revenue decreased by 7.8%. – Photo Bike Europe

Dorel Faced 'Weak' Bike Markets in 2017

MONTREAL, Canada - Dorel Industries Inc reports in its yesterday published 2017 financial results to have been faced with "A continued weak global...

Accell reports on its US sales ‘Under pressure at traditional channels with online and e-bikes growing but not compensating for lower sales. – Photo Bike Europe 

Next to Dorel Also Accell Hit by Troubled US Market

HEERENVEEN, The Netherlands - This morning Accell Group warns for a lower than anticipated 2017 operating result due to a strong sales decline in...

The Toys ‘R’ Us bankruptcy filing last September substantially affecting Dorel’s revenues. – Photo Bike Europe

Dorel's Results Down Due to Challenging North American Retail Market

MONTREAL, Canada - Results at Dorel Sports declined again in the third quarter as the company reports an on-going weakness in the global bicycle...

The ‘Cycling Prophet’ online training program is now available for IBDs in Europe. – Photo CSG

Cycling Sports Group Expands IBD Training Program to Europe

WILTON, USA - Since the launch of Dorel's 'Cycling Prophet' training program in North America in 2016, nearly 70,000 online classes have been taken...

TI Cycles of India President Arun Alagappan and Dorel Sports Senior Vice President Int’l Sales Jeff Weiss (l.) concluded their licensing agreement at Eurobike. – Photo Bike Europe

TI Cycles of India to Build Schwinn Kids Bikes

FRIEDRICHSHAFEN, Germany - TI Cycles of India and Dorel Sports have concluded a licensee agreement for the production of Schwinn kids' bike for the...

Dorel Sports’ revenue dropped 6.6% in the first half of 2017. – Photo Bike Europe

Dorel's Revenue Under Pressure by Weak North American Market

MONTREAL, Canada - Dorel Industries Inc. announced its results for the first half of 2017 which showed a 2.0% drop in revenues to USD 1.258 billion...

Dorel’s Cycling Sports Group (with Cannondale as its main and premium brand) saw an organic revenue decline of 9.9%. - Photo CSG

Dorel's Q1 Results: Gains Overall but Bike Business Sees 1% Decrease...

MONTRÉAL, QUEBEC -- Dorel Industries released their first quarter results for 2017, with adjusted net income for the quarter up 15.4%. However,...