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] A major breakthrough came in 1977 when Giant's chief executive, Tony Lo, negotiated a deal with Schwinn to begin manufacturing bikes as an OEM, manufacturing bicycles to be sold exclusively under other brand names as a private label. As bike sales increased in the U.S., and after workers at the Schwinn plant in Chicago went on strike in 1980 ...
The Integrated Cycling Federation of the Philippines (PhilCycling) is the national governing body for cycling as a sport [citation needed] in the Philippines.It is duly recognised by the Philippine Sports Commission [1] and the Philippine Olympic Committee [2] and the International Cycling Union (Union Cycliste Internationale a.k.a. UCI).
Cyclists in Novaliches, Quezon City. Cycling is a popular mode of transport and recreational sport in the Philippines. Bicycles were first introduced to the archipelago in the 1880s during the Spanish colonial occupation of the Philippines and served as a common mode of transport, especially among the local mestizo population.
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1977 Nishiki International Typical 1970s Bike boom ten-speed road bike Japanese bicycle brands such as Fuji, Miyata, Panasonic/National, Bridgestone, Univega and Nishiki had enjoyed tremendous success during the United States' 1970's bike boom, only to suffer in the late 1980s.
Schwinn's annual sales soon neared the million mark, and the company turned a profit in the late 1980s. However, after unsuccessfully attempting to purchase a minority share in Giant Bicycles, Edward Schwinn Jr. negotiated a separate deal with the China Bicycle Co. (CBC) to produce bicycles to be sold under the Schwinn brand. [57]
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