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The move angered some Specialized dealers. In 1996, Specialized withdrew the Full Force line, and Mike Sinyard wrote a letter of apology to dealers. [5] [14] By the end of 1996, Specialized had lost 30% of its bike shop sales and, according to Sinyard, "came within a few hundred dollars of declaring bankruptcy". [5] In 2001, Merida Bikes of ...
Specialized Bicycle Components was founded by Mike Sinyard in 1974, when he was 24 years old. Sinyard had previously traveled to Europe and established an import business relationship with Cinelli, one of the most important and iconic Italian bike component manufacturer. He started Specialized by importing and assembling bikes from Italian ...
A bike shop or bicycle shop is a business specializing in bicycle sale, maintenance and parts. Bike shops may be small businesses, chain, mail-order or online vendors. Local bike shops (sometimes abbreviated LBS [1]) are a key component of the bicycle industry and, in recognition of the value that local bike shops provide, some manufacturers ...
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This page lists notable bicycle brands and manufacturing companies past and present. For bicycle parts, see List of bicycle part manufacturing companies.. Many bicycle brands do not manufacture their own product, but rather import and re-brand bikes manufactured by others (e.g., Nishiki), sometimes designing the bike, specifying the equipment, and providing quality control.