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Last updated on April 18, 2014 at 21:21 EDT

Latest Cannondale Bicycle Corporation Stories

2014-02-21 12:23:00

EXCHANGES TSX: DII.B, DII.A MONTREAL, Feb. 21, 2014 /PRNewswire/ - Dorel Industries Inc. (TSX: DII.B DII.A) today announced it has declared its regular quarterly dividend of US$0.30 per share on the outstanding number of the Company's Class A Multiple Voting Shares, Class B Subordinate Voting Shares and Deferred Share Units. The dividend is payable on March 21, 2014 to shareholders of record as at the close of business on March 7, 2014. Profile Dorel Industries Inc. (TSX: DII.B,...

2014-02-06 16:25:42

First quarter to see substantial rebound in bicycles EXCHANGES TSX: DII.B, DII.A MONTREAL, Feb. 6, 2014 /PRNewswire/ - Dorel Industries Inc. (TSX: DII.B DII.A) today stated that 2013 fourth quarter Recreational/Leisure earnings will be substantially below prior year levels due to top line weakness and a poorer product mix. As such, the Company's consolidated results for the quarter and full year will be below 2012. Sales volumes to Pacific Cycle's mass merchant customers were...

2014-01-23 08:26:51

-- Plan aims to reduce supply chain complexity, increase flexibility to deliver competitive advantages to customers and consumers -- Pre-tax charge of US$14-US$16 million of which the majority to be taken in 2013 fourth quarter -- Anticipated annualized saving of US$6 million EXCHANGES TSX: DII.B, DII.A MONTREAL, Jan. 23, 2014 /PRNewswire/ - In a continuation of its strategy to become the global leader in the...

2014-01-09 20:20:46

-- Complementary product line of innovative baby products and developmental toys -- Sales in over 50 countries worldwide -- Profitable business with strong cash flow EXCHANGES TSX: DII.B, DII.A MONTREAL, Jan. 9, 2014 /PRNewswire/ - Dorel Industries Inc. (TSX: DII.B DII.A) today announced it has signed a share purchase agreement to acquire Tiny Love Ltd., a global, multiple award-winning baby products and developmental toy company...

2014-01-08 16:24:57

Event brings athletes, musicians and fans together to kick off the new season LOS ANGELES, Jan. 8, 2014 /PRNewswire/ -- Cannondale, a premium brand of Dorel Industries Inc. (TSX: DII.B, DII.A), presented the 2014 team last night at the Canyon Club outside Los Angeles, California. During the night of revelry, that included major music performances and plenty of surprises for those in attendance, the team captains Peter Sagan, Ivan Basso, Elia Viviani, Moreno Moser, Damiano Caruso and...

2013-12-18 08:26:17

EXCHANGES TSX: DII.B, DII.A MONTREAL, Dec. 18, 2013 /PRNewswire/ - Dorel Industries Inc. (TSX: DII.B DII.A) today announced the departure of Robert P. Baird, Group President & CEO of the Company's Recreational/Leisure segment. Peter Woods, the segment's CFO, has been named interim president until a new president is named. Both changes are effective immediately. "We are now initiating a search for Bob's successor. We thank Bob for his service with Dorel and wish him well in...

2013-11-18 16:26:53

Commemorating the 50th Anniversary of the bike that changed it all, the limited edition "Fritz Fifty" is available this holiday season BETHEL, Conn., Nov. 18, 2013 /PRNewswire/ -- Fifty years ago, then Schwinn Vice President for Engineering, Research and Development, Al Fritz created the bike every kid eventually wanted: the Schwinn Sting-Ray. To commemorate the 50(th) anniversary of the bike, Schwinn, a brand of Dorel Industries (TSX: DII.B, DII.A), has created a limited edition of the...

2013-10-22 16:23:43

EXCHANGES TSX: DII.B, DII.A MONTREAL, Oct. 22, 2013 /PRNewswire/ - Cannondale, a premium brand of Dorel Industries (TSX: DII.B, DII.A), announced today that it has acquired the majority ownership of Cannondale Pro Cycling and Brixia Sports. "This further investment underlines our respect and the value for the accomplishments of the Cannondale team and recognizes the many benefits this association has brought to the Cannondale brand," stated Dorel President and CEO, Martin...

2013-09-24 12:23:47

New juvenile products launched in Cologne, Germany EXCHANGES TSX: DII.B, DII.A MONTREAL, Sept. 24, 2013 /PRNewswire/ - Dorel Industries Inc.'s (TSX: DII.B DII.A) Maxi-Cosi, the leading European brand in child safety, has won the prestigious Innovation Award with the 2Way Pearl i-Size car seat in the World of Travelling Baby category at the annual Kind + Jugend Trade Show, the world's largest juvenile products exhibition, in Cologne Germany.  The new i-Size European standard...

2013-09-18 16:24:41

SAN DIEGO, Sept. 18, 2013 /PRNewswire/ -- ONE Industries Corp., recently acquired by Transom Capital Group, has appointed Jeff McGuane as President & CEO. Russell Roenick, managing director of Transom Capital Group said, " McGuane comes to ONE Industries with extensive global management experience. He began his career with Cannondale and for the past 20 years has ascended to hold multiple international leadership roles building an impressive background in product creation,...