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In 2002 Giant signed a three-year sponsorship deal with Satellite Sports Group (a company that then managed the former GT Air Show) to begin manufacturing Giant branded bikes to boost the Giant label. [10] These bikes were priced between $150 and $350, filling in the open entry level price gap that their Mosh labeled high-end bikes could not.
King Liu (Chinese: 劉金標; born 2 July 1934) is the founder of Taiwanese bicycle manufacturer Giant Bicycles. Liu was not a cyclist himself before founding Giant. [ 1 ] However, in 2007, at age 73, he rode around Taiwan on a bicycle, [ 2 ] and at age 75 he rode from Beijing to Shanghai .
Schwinn sold an impressive 1.5 million bicycles in 1974, but would pay the price for failing to keep up with new developments in bicycle technology and buying trends. With their aging product line, Schwinn failed to dominate the huge sport bike boom of 1971–1975, which saw millions of 10-speed bicycles sold to new cyclists. [8]
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In 2001, Merida Bikes of Taiwan bought 49% of Specialized (initially reported as 19%) for a reported US$30 million. Mike Sinyard remained majority owner and CEO of the company. [15] [16] As of 2016, Specialized is one of the biggest bicycle brands operating in the United States, alongside Trek Bicycle Corporation and Giant Bicycles. [17]
Tomiko Itooka, a 116-year-old Japanese woman who became the oldest living person in August 2024, died on Dec. 29, 2024, according to Guinness World Records.
Trump has floated the idea of 60% tariffs on China, the world's largest exporter, and universal tariffs of 10% or more, which he says is necessary to eliminate the U.S. trade deficit.
Nazem Kadri’s 14th goal of the season was the tiebreaking midway through the third period as the Calgary Flames beat the Vancouver Canucks 3-1 on Tuesday night. Connor Zary had a goal and ...