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Cannondale has brought a few concepts to market that have since become accepted industry standards. Cannondale was the first to produce a crankset that uses externally mounted bottom bracket bearings, though they later discontinued this design. External bearings are now the most common type of bottom bracket for mid-level and higher bicycles.
K's Merchandise Mart, Inc. (usually known as simply K's Merchandise) was a catalog showroom department store based in Decatur, Illinois. [2] It offered furniture, jewelry, and general merchandise, including electronics, at 17 locations in 5 Midwestern states at the time of its closing. [1] [3]
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.
BTI's first wholesale catalog, also released in 1993, was a twenty four page newsprint flyer with hand-illustrated schematic drawings of every major fork design. From the beginning, BTI fostered a close relationship with early suspension manufacturers, offering a full line of replacement components.
After leaving the wholesale business, they opened Service Merchandise, Inc., the first of what evolved into a chain of catalog showrooms. It opened in 1960 at 309 Broadway in downtown Nashville, Tennessee. [1] Older logo mainly used in the 1970s–1985. During the 1970s and 1980s, Service Merchandise was a leading catalog-showroom retailer.
Pon Holdings BV is a Dutch conglomerate in the transportation sector. It is one of the five largest bicycle manufacturers in the world, and owns bicycle brands Caloi, Cannondale, Cervélo, Derby Cycle (owner of Focus), GT, Gazelle, IronHorse, Kalkhoff, Mongoose, Santa Cruz, Urban Arrow (cargo bikes), Veloretti, and Schwinn, among others.
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