In this week’s edition of Twintel: Giant and Merida shareholders watch paper fortunes rise and rise; whilst Sonova shareholders go after Director, and BMC owner, Andy Rihs. Tour of China doubles up. New market entries by Boardman and Specialized. Team Sky does its own bike reviews, and Flight Centre Limited’s bike sales take off.
In an effort to curb the rising costs of doing business on the mainland, Advanced International Multitech Co Ltd (AIM), a publicly-listed OEM to some of the world’s most evocative bicycle and golfing brands, intends to migrate Chinese production lines back into its Taiwan operations.