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In 1992, Gaastra sold his shares back, and Giant became a full shareholder of Giant Europe. By 2018, Giant had sales in over 50 countries, in more than 12,000 [5] retail stores. Its total annual sales in 2017 reached 6.6 million bicycles with revenue of US$1.9 billion. [6]
This page lists notable bicycle brands and manufacturing companies past and present. For bicycle parts, see List of bicycle part manufacturing companies.. Many bicycle brands do not manufacture their own product, but rather import and re-brand bikes manufactured by others (e.g., Nishiki), sometimes designing the bike, specifying the equipment, and providing quality control.
In its first year, Giant Tiger’s total sales volume was only $139,781, and Reid had to rely upon his wife's income as a teacher to cover expenses. [8] A second store was not successfully opened until 1965, [ 2 ] and by the chain’s tenth anniversary in 1971, Giant Tiger had only expanded to six stores, and its survival rested, to a large ...
In 1999, the CCM brand turned 100 years old. After a 101-year history, over 10,000,000 bikes had been manufactured in Canada bearing the CCM name. [6] As of 2004, Procycle was the largest bicycle manufacturer in Canada, building 200,000 CCM-branded bikes per year across Canada and the USA. [6]
However, after unsuccessfully attempting to purchase a minority share in Giant Bicycles, Edward Schwinn Jr. negotiated a separate deal with the China Bicycle Co. (CBC) to produce bicycles to be sold under the Schwinn brand. [57] In retaliation, Giant introduced its own line of Giant-branded bikes for sale to retailers carrying Schwinn bikes.
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In 1979 they incorporated into GT Bicycles, Inc. GT standing for the initials of its founder, Gary Turner. Richard sold his bike shop and began selling frames as fast as possible to bicycle distributors across the US and into Europe. Richard headed the business and marketing aspects of the company while Gary was the engineer and production head.
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