Letter from America: Who Is This New Bike Market Dominator?

Pon Gazelle

Santa Fe, New Mexico, USA It’s fair to say Pon Holdings BV’s decision to snap up Dorel’s bike biz sent a risible ripple through the executive ranks at major brands – Trek, Specialized, Giant, Accell and a few others. What could this audacious US$810 million (A$1.089 billion) move by a Dutch conglomerate mean for future…

European Bicycle Factories Starting to Reopen

In late March Pon Bike announced that they were halting production at their Derby Cycle factory in Cloppenburg Germany until at least 17th April. However they would still be delivering bicycles that they had in stock. As at 20th April, there had still been no announcement as to when production would resume. Other European factories…