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Aspire Sports’ distributorship of Cannondale and GT is effective immediately. – Photo Aspire Sports

Pon restructures Cannondale and GT distribution in Eastern Europe

JINAČOVICE, Czech Republic - The distribution of Pon's premium US bicycle brands Cannondale and GT Bicycles in Central- and Eastern-Europe has been...

Igor Doležal, majority owner and Marek Doležal, CEO Aspire Sports. - Photo Forbes

'Premium brands deserve premium distribution partners'

Have you ever fully considered the business potential that Central Europe has to offer in terms of the cycling industry? To be specific, let us talk...

Dorel Industries will continue its listing on the Toronto Stock Exchange. – Photo Bike Europe

Major shareholders obstruct Dorel's take-private deal

MONTREAL, Canada - Dorel Industries has terminated the going-private transaction which was announced last November. To convince the current owners,...

Eugene Fierkens is a man on a mission at CSG Europe. – Photo Bike Europe

CSG Europe GM, Eugene Fierkens: "The system is broken and we will fix...

WOUDENBERG, the Netherlands - Eugene Fierkens, Cycling Sports Group Europe's General Manager is not just planning to make his mark on brands such as...

“We remain confident and excited about our bicycle business,” said Dorel CEO Martin Schwartz. – Photo Dorel

Dorel Re-Organizes Instantly Due to Declining Profits

MONTREAL, Canada - A nearly 300% drop in the operating profit between January and July for its sports division made Dorel promptly decide to reduce...

「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...

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...

The front wheel hub can break and cause the disc brake system to fail, posing crash and injury hazards. – Photo Cycling Sports Group

Cycling Sports Group Recalls GT Fury MTB

WILTON, USA - Cycling Sports Group issued a voluntary recall of their GT branded Fury Elite and Fury Expert downhill mountain bicycles due to...

Dorel President and CEO, Martin Schwartz: “situation gets even worse due to wide spread discounting by competitors.”

Dorel Cuts Jobs Due to Disappointing Bike Sales

MONTREAL, Canada - The continued poor weather across the U.S., Canada and Europe has led to lower than expected sales volumes, particularly in the...