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The sale of Dorel Sports, which includes the brand Cannondale, to Pon Holdings has now been completed. - Photo Cannondale

Dorel Sports officially in hands of Pon Holdings

MONTREAL, Canada - Dorel Industries has completed the sale of Dorel Sports, its bicycle segment, to the Dutch mobility group, Pon Holdings. For the...

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,...

Dorel’ Sports division achieved the highest earnings in its history. – Photo Dorel Industries

Cannondale, GT and Schwinn continue to drive Dorel Industries' profit

MONTREAL, Canada - The impact of COVID-19 worked out very well in the third quarter results for Dorel Industries. Dorel' sports division with market...

Dorel Sports bike brands including Cannondale are going back into private hands. - Photo Cannondale

Cannondale owner Dorel Industries to go private, deal on the table

MONTRÉAL, Canada - Dorel Industries has reached an agreement in principle whereby Dorel would be taken private by a buyer group led by affiliates of...

In Dorel Sports demand for bikes accelerated in the last two weeks of March and continued into April, as families looked for outdoor activities that respected social distancing guidelines. - Photo Ale Di Lullo

Dorel Q1: Surge in bike sales boosts growth in sports division

MONTREAL, Canada - Dorel Industries Inc., owner of bicycle brands including Schwinn, Mongoose and Cannondale has reported its Q1 results for 2020....

‘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...

“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...

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...