All Shimano articles – Page 3

Article

Shimano reports a good year

2021-02-09T17:17:00Z

Despite restrictions across the world in response to Covid-19, interest in bicycles and fishing boosted demand for Shimano’s products. The Japanese company’s sales in 2020 were up by 4.1 percent from 2019 to 378,040 million yen (€2.98bn-$3.61bn), while net income increased by 22.5 percent to ¥63,472 million (€501.2m-$606.5m). The gross ...

News briefs

Pierangelo Zanetta, former Shimano executive and EFFTA president, has died

2021-02-01T16:54:00Z

Pierangelo Zanetta, the former managing director of Shimano Europe Fishing Holdings, has died after a long illness. Zanetta was an important figure in the global fishing tackle industry. In 2007, while working at Shimano, he joined the board of the European Fishing Tackle Trade Association (EFTTA). He was elected president ...

News briefs

Shimano Blue to provide neutral support at all A.S.O. pro races

2021-01-24T19:41:00Z

On the occasion of its centennial, Shimano has announced an expanded partnership with the Amaury Sport Organization (A.S.O.), the organizer of prestigious stage races such as the Tour de France, the Vuelta, Paris-Nice and the Critérium du Dauphiné, as well as prestigious one-day classics such as Paris-Roubaix, Liège-Bastogne-Liège, Flèche Wallonne ...

Article

Outdoor industry stocks among the winners of 2020

2021-01-07T13:49:00Z

While the outdoor industry had a very difficult start of the year in 2020, when the pandemic forced Europe and America to adopt strict lockdowns, it bounced back significantly in the summer when restrictions were lifted, as people looked to escape crowds in the outdoors. The combined market capitalization of ...

Article

Bike boom boosts Shimano's earnings

2020-10-30T06:05:00Z

Shimano’s sales for the first nine months of the year were down by 2.0 percent from the year-ago period to 264,174 million yen (€2.16bn-$2.53bn), hampered by lockdowns around the world in response to Covid-19. However, sales started to improve during the second quarter due to the soaring popularity of cycling ...

News briefs

Shimano buys Pioneer Sports Cycle assets

2020-02-24T17:08:00Z

(SGI) Shimano is planning to develop new products, web services and applications using certain assets of Pioneer Sports Cycle that it has acquired from Pioneer Corporation, the U.S. company that developed the first pedaling monitor and cycling computers in 2013. Many of Pioneer’s current products have been designed to be ...