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Solé is a manufacturer and dealer of fixed gear/single speed bicycles, City Bikes, Dutch Step Through Bikes, & Beach Cruisers. Within the first year, Solé and its founders received recognition as Entrepreneur Magazine 's "Top Five College Entrepreneurs" and a grant from Alibaba Group as the "Third Ranked Newpreneur of the Year". [ 1 ]
Schwinn did allow some dealers to sell imported road racing bikes, and by 1973 was using the Schwinn name on the Le Tour, a Japanese-made low-cost sport/touring 10-speed bicycle. Schwinn developed strong trading relationships with two Japanese bicycle manufacturers in particular, Bridgestone and (via its bicycling arm ) Panasonic .
The same year, Life Fitness expanded into treadmills. Life Fitness was acquired by Brunswick Corporation in June 1997 for $310 million. [5] [6] The sale was completed on July 11, 1997. [7] Later in 1997, Life Fitness bought Hammer Strength, a manufacturer of weight machines. [8] ParaBody, Inc. was bought by Life Fitness in 1998. [9] [10]
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
BowFlex, is the maker of fitness equipment brands BowFlex, Schwinn, and JRNY, its adaptive fitness platform. [6] [7]James “Jim” Barr IV, was named CEO in July 2019. [8]
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