Cannondale Bicycle Corporation

Global Bicycle Market Outlook to 2027 - Players Include Abici, A- Bike, Accell, Amer Sports and Atlas Cycles - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 17, 2022

The "Global Bicycle Market Outlook 2027" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Bicycle Market Outlook 2027" report has been added to ResearchAndMarkets.com's offering.
  • According to this report the market stood at around USD 63 billion in 2021, which is anticipated to reach USD 88 billion by 2027.
  • The increase in the number of people opting for bicycling as a form of leisure is anticipated to propel market growth.
  • Asia-Pacific is the fastest-growing region in the global bicycle market, holding a share of over 50% in value terms in the year 2021.

Cannondale SmartSense is a Finalist and Receives Honorable Mention in Fast Company's 2022 Innovation by Design Awards

Retrieved on: 
Wednesday, September 21, 2022

WILTON, Conn., Sept. 21, 2022 /PRNewswire-PRWeb/ -- Cannondale's SmartSense was honored as a finalist in Fast Company's Innovation by Design Awards for 2022 in the Transportation category and received an honorable mention in the Wellness category.

Key Points: 
  • Cannondale's SmartSense was honored as a finalist in Fast Company's Innovation by Design Awards for 2022 in the Transportation category and received an honorable mention in the Wellness category.
  • WILTON, Conn., Sept. 21, 2022 /PRNewswire-PRWeb/ -- Cannondale's SmartSense was honored as a finalist in Fast Company's Innovation by Design Awards for 2022 in the Transportation category and received an honorable mention in the Wellness category.
  • The Innovation by Design Awards, which can be found in the October 2022 issue of Fast Company, honor the designers and businesses solving the most crucial problems of today and anticipating the pressing issues of tomorrow.
  • Winners, finalists, and honorable mentions are featured online and in the October issue of Fast Company magazine, on newsstands September 27, 2022.

Denago eBikes Assembles a Team of Bike Industry Experts

Retrieved on: 
Tuesday, September 6, 2022

DALLAS, Sept. 6, 2022 /PRNewswire/ -- Since it's launch earlier this year, the Denago line of eBikes have made headlines for its "well-made" and "powerful" eBikes, and was recently named one of the "Best e-Bikes of 2022" by Good Housekeeping Institute. And it's no wonder. With a team of seasoned vets well-known in the cycling industry, Denago has pulled together years of experience, insight and expertise to create a line of eBikes that would outpace the competition at a reasonable price point.

Key Points: 
  • With a team of seasoned vets well-known in the cycling industry, Denago has pulled together years of experience, insight and expertise to create a line of eBikes that would outpace the competition at a reasonable price point.
  • "A primary goal of mine when I was hired was to build a team of experienced, professional and trustworthy industry veterans, and we've done that," states Duecker.
  • Steve Richey, Director of Customer Success, explains, "Being a former bike shop owner, I understand the importance of our dealers having a great experience with Denago ebikes.
  • Launched in Dallas in 2022, Denago ebikes are a line of high quality, consumer centric designed eBikes sold through the dealer market.

Global Industry Analysts Predicts the World Electric Bikes Market to Reach $34.4 Billion by 2026

Retrieved on: 
Tuesday, March 22, 2022

SAN FRANCISCO, March 22, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Electric Bikes - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, March 22, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Electric Bikes - Global Market Trajectory & Analytics" .
  • The strong demand for commuter electric bikes has created shortage of these bikes across stores in the US and UK.
  • The U.S. Market is Estimated at $1.3 Billion in 2022, While China is Forecast to Reach $14.8 Billion by 2026
    The Electric Bikes market in the U.S. is estimated at US$1.3 Billion in the year 2022.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Periscope Appoints Mike Caguin as Chief Creative Officer

Retrieved on: 
Wednesday, January 19, 2022

MINNEAPOLIS, Jan. 19, 2022 /PRNewswire/ --Minneapolis-based agency Periscope today announced that Mike Caguin will join its team as Chief Creative Officer, effective February 14, 2022.

Key Points: 
  • MINNEAPOLIS, Jan. 19, 2022 /PRNewswire/ --Minneapolis-based agency Periscope today announced that Mike Caguin will join its team as Chief Creative Officer, effective February 14, 2022.
  • Caguin will oversee the creative output of the agency, advance its creative, design and production departments, and support new business and agency marketing.
  • Caguin has over two decades of experience in creative production, having worked at Colle McVoy, BSSP and Olson (now ICF Next).
  • He joins Periscope from Colle McVoy, where he has worked for 15 years, most recently serving nearly a decade as Chief Creative Officer leading creative and production across integrated brand communications including advertising, digital, social, content, design, PR and experiential.

Dorel Announces Agreement for Sale of its Remaining China Manufacturing Facility

Retrieved on: 
Monday, December 13, 2021

This sale follows the March 2021 disposition by Dorel of its Zhongshan based manufacturing facility and is part of the overall strategic direction of Dorel Juvenile that includes the co-development of innovative new products with a diverse supplier base.

Key Points: 
  • This sale follows the March 2021 disposition by Dorel of its Zhongshan based manufacturing facility and is part of the overall strategic direction of Dorel Juvenile that includes the co-development of innovative new products with a diverse supplier base.
  • As a result of the sale, Dorel expects to incur a non-cash loss of approximately US$13.5 million in the current fiscal year.
  • More particularly and without limitation, this press release contains forward-looking statements and information regarding the completion of the sale of Dorels juvenile products manufacturing facility in Huangshi, China (the Sale).
  • Consequently, Dorel cautions readers not to place undue reliance on the forward-looking statements and information contained in this press release.

Free Online Fundraising Platform BetterWorld Helps Raise Nearly $100,000 to Increase Racial Diversity in Cycling

Retrieved on: 
Friday, January 15, 2021

Thanks to December's campaign through BetterWorld, USA Cycling will be able to increase racial diversity in cycling at the collegiate level and fuel positive change across the nation at this pivotal time.

Key Points: 
  • Thanks to December's campaign through BetterWorld, USA Cycling will be able to increase racial diversity in cycling at the collegiate level and fuel positive change across the nation at this pivotal time.
  • Inspired by St. Augustine's University's launch of the first HBCU cycling team, Cannondale and EF Pro Cycling recognized the opportunity to support diversity initiatives and take action with USA Cycling.
  • "It has been a privilege to work with USA Cycling on their campaign to increase racial diversity in cycling programs," said Whit Hunter, co-founder and CEO of BetterWorld.
  • With over 12,000 nonprofits using their platform, BetterWorld has quickly become one of the fastest growing companies in the industry.

Win Rigoberto Uran's Tour de France Cannondale Race Bike

Retrieved on: 
Tuesday, December 1, 2020

WILTON, Conn., Dec. 1, 2020 /PRNewswire/ -- Cannondale, a premium brand of Dorel Industries, Inc. (TSX: DII.B, DII.A),today announced a sweepstakes to give away Rigoberto Uran's Cannondale SystemSix from this year's 2020 Tour de France.

Key Points: 
  • WILTON, Conn., Dec. 1, 2020 /PRNewswire/ -- Cannondale, a premium brand of Dorel Industries, Inc. (TSX: DII.B, DII.A),today announced a sweepstakes to give away Rigoberto Uran's Cannondale SystemSix from this year's 2020 Tour de France.
  • In celebration of the historic 2020 Tour de France, Cannondale is offering a chance to win Rigoberto Uran's team-issue SystemSix race bike straight from the Champs-Elyees.
  • The Tour de France is where the world's finest cyclists battle for dominance up mountains, through valleys and on open roads all while racing and winding their way through the picturesque villages and cities of France.
  • One (1) Prize available: Rigoberto Uran's 2020 Cannondale SystemSix bicycle that he raced on in Stage 21 of the 2020 Tour de France.

Cannondale Bicycles and EF Pro Cycling to Launch New Cycling Programs at Historically Black Colleges & Universities and Tribal Colleges & Universities

Retrieved on: 
Tuesday, November 10, 2020

Inspired by St. Augustine's University's start of the first HBCU cycling team earlier this year and understanding the dearth of other college programs, Cannondale and EF Pro Cycling, together with USA Cycling, recognized the opportunity to support and take action.

Key Points: 
  • Inspired by St. Augustine's University's start of the first HBCU cycling team earlier this year and understanding the dearth of other college programs, Cannondale and EF Pro Cycling, together with USA Cycling, recognized the opportunity to support and take action.
  • "It was important to Cannondale and EF that this was a multi-year commitment to work with these schools to help grow participation."
  • As co-founding members of this project with USA Cycling, Cannondale and EF Pro Cycling believe in the importance of inclusion in the cycling community.
  • "USA Cycling, as the Governing Body for our sport, believes we have a unique opportunity to grow participation in cycling.

Cannondale Makes 13 Lucky with New CAAD13

Retrieved on: 
Monday, July 15, 2019

The increased speed comes from a sleekly integrated design that features a new family of highly truncated airfoil tube shapes.

Key Points: 
  • The increased speed comes from a sleekly integrated design that features a new family of highly truncated airfoil tube shapes.
  • "Every new CAAD bike we design improves on the preceding version, but the CAAD13 represents a pretty radical new direction for us," said David Devine, Global Product Director, Cannondale Pavement.
  • The ride is so smooth that Cannondale has declared that the myth of carbon fiber's comfort advantage over aluminium is effectively over.
  • Cannondale is a premium brand of Cycling Sports Group, a division of Dorel Industries' (TSX: DII.B, DII.A) Dorel Sports segment.