Niner Bikes founder Chris Sugai joined Gates as general manager of Gates Global Mobility, driving the development of advanced drivetrain solutions and belt technologies for bikes, eBikes, motorcycles, powersports, and electric micromobility.
Signa Sports United’s (SSU) North American Bike Division, which makes the Nukeproof and Vitus bikes, opened a corporate office in Park City, UT.
Giant Group reported that 2022 consolidated revenues increased 12.5 percent to NT$92.04 billion. Due to the impact of rising material and labor costs as well as an increase in the OEM business, the overall group’s gross margin and operating profit performance were negatively affected.
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