Industry Titbits
Industry News
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2020 Sea Otter Classic change date to October 1- 4
Sea Otter Classic change date to October 1- 4. Other than the date changes, the location and racing schedules for Sea Otter will remain essentially the same. All race registrations, camping reservations, festival purchases, and so forth will be shifted to the October dates. If exhibitors are unable to attend that event, please check the FAQ page for details regarding refunds and rollovers. 2020-03-12
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Giant Manufacturing Establishes New Giant Group Brand Architecture
Giant Group was established in 1972. With the Brand Purpose “Raise The Bar,” it is committed to advancing the entire cycling world and actively promoting a new cycling culture worldwide. Today it is the world's largest bicycle manufacturer and operates four major product brands: Giant, Liv, Momentum and CADEX. Giant Manufacturing announced its new Giant Group architecture, which will consolidate its resources and function as a parent company of multiple business units and brands. Giant Group was created to optimize overall corporate growth strategies, assist in the development of both OE brands and its own consumer brands, and continue to... 2020-03-04
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2020 Taipei Cycle Show cancelled, a special event is to be held in May.
The TAIPEI CYCLE show, hosted by the Taiwan External Trade Development Council, was originally scheduled to be held from March 4th to 7th. Due to the recent outbreak of the novel coronavirus (Covid-2019), there have been significant developments in the number of travel and logistical restrictions; bringing into question the practicality this year’s planned dates. The resulting restrictions have left many exhibitors unable to travel to, or to ship samples to show as travel and freight restrictions start to be put in place. This has led the organizers to make the difficult decision to reschedule the March 2020 edition of... 2020-02-12
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2020 TAIPEI CYCLE Show Grows by 17%
"TAIPEI CYCLE" will be held at Taipei Nangang Exhibition Hall 1 and 2, from March 4th to 7th, bringing together bicycles and spare parts; including electric bicycles, motor systems, smart applications and cycling services. 1,250 companies will participate in the promotion of the concept of "smart x bicycle x life". "TAIPEI CYCLE" is now the second largest bicycle exhibition in the world. It not only provides a platform for manufacturers to trade, but also actively promotes bicycle culture. Our 2020 show edition also sees the launch of our new "Cycling Service" zone, including bicycle tourism, community, cycling training and other... 2019-10-22
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Merida reported First Half EPS of NT$3.50
Merida’s Board of Directors meeting on Aug 9th has approved the consolidated result of the first half of 2019. Thanks for the growth of e-bikes with higher price and margin, the result was significant better in all aspects. The profit before tax was NT$1.39 billion, up 22.6% from the prior year. The profit after tax was NT$1.06 billion, up 83.5% compared with a year earlier. The EPS was NT$3.5, up 90.2% from a year ago. Merida saw growth of 6.6% on sales in China from Jan to Jun. The sales in both Europe and the US are both going well... 2019-08-13