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Canyon, Features, Industry, Roman Arnold, Tech, Tech news - September 18, 2020

Canyon eyes future growth as annual sales top €400 million

Today Canyon announced that its co-founder and current CEO, Roman Arnold, is stepping down and will become the chairman of the newly established Canyon Advisory Board. Taking his place is Armin Ladgraf, the current COO at Canyon, and former CEO of the Dutch PON Group’s bicycle division (holding group of Cervelo, Focus, Santa Cruz and …

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Cannondale and GT have ditched model years

Cannondale and GT appear to be following the lead of Cervelo and most boutique brands by removing year models from their websites and moving toward a series-based lifecycle for bikes. The news comes as the two sibling brands announced to dealers that they will release new bikes based on an actual calendar year, and not …

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Mavic is in receivership, but who owns them? Who knows

Venerable French wheel brand Mavic has just been placed in receivership, according to an AFP report. That means that the business is probably in control of its creditors, although it’s not clear exactly who those are, and throws up a bunch of confusing questions about who actually owns Mavic. Baffled? Yeah, us too. So let’s …

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Colnago has a new owner

UAE Team Emirates 2020 team bike Colnago V3Rs

The 66-year-old Colnago brand has been acquired by a privately-held Abu Dhabi investment company, Chimera Investments LLC. According to Italian website TuttoBiciWeb, Chimera Investments purchased a majority share in the famed Italian business, with the now-88-year-old company founder, Ernesto Colnago, stating “Chimera Investments will give Colnago the ability to grow and increase its presence in …

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From the Top Podcast: Building Canyon Bicycles

In my latest episode of From the Top, I’m thrilled to be able to tell the remarkable story of how fellow VeloClub member, Roman Arnold, founded and built Canyon Bikes out of nothing to where it is today. To most of us it would seem inconceivable to build one of the biggest bike brands in …

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Canyon eyes future growth as annual sales top €400 million

Cannondale and GT have ditched model years

Mavic is in receivership, but who owns them? Who knows

Colnago has a new owner

From the Top Podcast: Building Canyon Bicycles

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