WETTER, Germany (Aug 26) - German ABUS will take over the complete lock -product group from electronics specialist Sigma. Sigma will concentrate on it's core-business: bicycle electronics. For ABUS the takeover will give them an even wider product range, which will be especially welcome to widen the export scope of the company. ''The Sigma designs
LONDON, UK (Aug 9) - The terrorist attacks on the London Tube system have driven many travellers to bicycles. The fear of further attacks on public transport (42% of all Brits say they do not like taking public transport anymore) has caused a rise in bicycle sales. According to the UK bicycle board, some 10
SANGERGAUSEN, Germany (Aug 9) - German bike producer Mitteldeutsche Fahrrad AG - Mifa for short - is expanding rapidly since the company is listed on the Stock Exchange. In 2004 Mifa produced about 737,000 bicycles. According to the company its market share in Germany rose from 7 to 25 %. The company is also expanding
TAICHUNG, Taiwan (Aug 9) - Pro-Lite, the Taiwanese high-end component brand led by Steve Fenton, recently opened a European sales office in Italy. Fenton claims that Pro-Lite is: "The industry's newest and fastest growing component maker. Opening an office in this region provides us with greater access to the people at the heart of top-end
BRUSSELS, Belgium - Good news fort the European bicycle industry: Brian Montgomery, chairman of the European Bicycle Manufacturers Association (EBMA) has been pushing for several years to cut the product categories bicycles, bicycle parts and bicycle accessories from the Community's generalized system of preferences (GSP). It was created in 1971 and grants 'trade preferences to
MONTREAL, Canada (May 19) - Shareholders attending the Dorel Industries Inc. annual general meeting today were treated to an animated demonstration of the global consumer product company's hottest products by CEO, Martin Schwartz. He told his audience that product development is just one of the strengths that has created a ten-year compound annual growth rate
SURSEE, Switzerland (June 2) - The well known motor sports attire maker iXS is planning to branch out into the European bicycle field. For some years now, Intercycle AG, part of the same holding as iXS, has been making and distributing bike accessories for the Swiss market. Now the German branch of the HOCO Holding
Dear Readers, We experienced some technical problems with our newsletter dated April 26 - we apologize for any inconvenience. To view what was in this newsletter, go to the items dated April 26 on these News pages.
DE KWAKEL, Netherlands - Cheng Shin Tire is setting up a European stronghold in The Netherlands. For that the biggest bicycle tire maker in the world starts a European subsidiary in cooperation with its' Dutch importer. To that goal, a new company has been founded, Cheng Shin Holland B.V. (European bicycle tire distribution centre). From
NEW YORK, US (April 12) -The 5th Annual Bicycle Film Festival will kick off its 2005 tour, with a four-night stand at the Anthology Film Archives, May 12-15. In addition to screening 55 feature-length and short films that celebrate bicycles and urban bike culture, the festival will also host a bike-centric art show entitled "Street,"
RIMINI, Italy (March 30) - It seems like there is light at the end of the tunnel for Giacomelli - after years of trouble, the remaining stores have now been sold. Buyer is Ottanta, a new company formed by Camuzzi International and Profito Spinnaker. Camuzzi is a large Italian group with interests in various enterprises
COLOGNE, Germany (Mar24) - Reports on the German bike market are a bit diverse, to say the least. According to figures released by the ZIV (German Two-Wheeler Association) 2004 was a year in which the IBD won back some terrain. Total sales reached 4.7 million bicycles, which is some 4% less than in the previous,
BIKE EUROPE: VILLENEUVE D'ASCQ, France (March 30) - French Decathlon, Europe's largest sporting goods retailer clocked-up double figure increases in sales again. 10.3% growth in revenue for 2004, leading to a grand total of € 3.43 million are very healthy figures indeed, especially in the present economic climate. Margins showed the biggest gain: up 27.4%
BIKE EUROPE: BRUSSELS, Belgium (Feb 22) - Giant China has requested for a 'partial interim review' on anti-dumping duties on bicycles imported from China, taking into account its exports to all 25 EU member states (EC 25). The European Commission is already conducting an interim review on these China dumping duties which is limited to
BIKE EUROPE, BREMEN, Germany (February 15) - At this year's Bike.Market.Future Congress that took place last weekend, component maker Wilhelm Humpert GmbH & Co. KG announced that it will open later this year a production facility in Asia. Humpert's Managing Director Willi Humpert said that with more and more bicycles being produced in Asia, Humpert
SHENZHEN/KUNSHAN, China (Mar. 17) - Japanese-Taiwanese component maker SR Suntour is not only expanding its production with a new factory in Kunshan/China. The company but is also building a new factory at its existing site in Shenzhen/China. The new Chinese Suntour factory in Kunshan will officially start production in April. Focus will be on the
LUDHIANA, India (Feb 3) -More than 19 industrial organisations organised a protest rally against the imposition of service tax on business auxiliary services and transport services. The industrialists also staged a rallyoutside the office of Central Excise at Rishi Nagar. More than 200 industrialists took out a rally on cars and two-wheelers from the office
IRVINE, US - (Feb 11) -The US Consumer Product Safety Commission, in cooperation with Shimano, today announced a voluntary recall of 13 260 aftermarket road bike brake cables. Name of product: Shimano Road Racing Bicycle Brake Inner Cables Units: About 13,630 Supplier: Shimano American Corp., of Irvine, Calif. Hazard: The bicycle brake cable can detach
CANTON, US (Feb 15) - Kryptonite has revamped its bicycle and motorcycle locks with a new disc-style cylinder. These locks were tested by ART Foundation (Holland), Sold Secure (UK), SSF (Sweden) and VDS (Germany) All passed at the same level as they held before the ballpoint pen suddenly appeared as an opening tool. Kryptonite's New
DUARTE, US (Feb 1) - Dahon California, Inc. today announced that unit sales in 2004 increased by 44% to a total of 230,000 folding bicycles. This number is an all-time high for Dahon and betters the record of 160,000 units sold in 2003. "We're pretty happy with our sales numbers but the reality is that
