News
EXEC: Giant Group June 2026 Shipments Jump Most Since February 2025
1+ hour, 52+ min ago (257+ words) After reporting its first monthly year-over-year growth trend since early 2025 in May, Giant Group took the positive trend to a new level in June 2026 as the Taiwan-based bike manufacturer saw shipment ump in the'mid-teens'in the most recent reported month." June…...
EXEC: Giant Group Returns to Growth with May 2026 Shipments
1+ mon, 4+ hour ago (180+ words) The company's 5. 8 percent growth year-over-year in May was the first monthly increase for the Taiwan-based bike maker since February 2025 and only the second positive month since August 2024. The Giant Group reported its first monthly year-over-year growth trend in May 2026 since…...
EXEC: West Marine Files for Bankruptcy, Store Closures Expected
1+ mon, 3+ week ago (725+ words) Boating and fishing retailer West Marine, as expected, filed for bankruptcy protection after years of mounting pressure from high leasing costs that executives said drained cash and blocked recovery efforts. The filing at the U. S. Bankruptcy Court for the District of…...
EXEC: Giant Group March Bike Shipment Decline Moderates on Easier Comps
3+ mon, 5+ hour ago (187+ words) Giant Manufacturing Co. , Ltd. (Giant Group) saw its negative shipment trends moderate in March 2026, following a massive year-over-year decline in February. February was up against a big increase in the prior-year month, driven by early shipments ahead of the Trump…...
EXEC: Giant Bicycle Monthly Shipment Deterioration Accelerates Into February
3+ mon, 4+ week ago (211+ words) After opening the year on a down note with bicycle shipment revenue for January 2025 declining in double-digits, Giant Manufacturing Co. , Ltd. (Giant Group) reported that the downward trend accelerated sharply in February when posting a 40. 0 percent year-over-year (y/y) decline to…...
EXEC: CBP Forced Labor Division Sees Giant Bicycles Issue as a Top Priority
3+ mon, 4+ week ago (192+ words) Giant Group recently provided an update regarding its March 5 meeting with officials from the U. S. Customs and Border Protection (CBP) Forced Labor Division concerning the Withhold Release Order (WRO) affecting Giant's Taiwan manufacturing operations. CBP reportedly told the company that the…...
EXEC: Traffic Distribution Partners with Cycle Source Logistic to Serve U. S. Bike Market
5+ mon, 20+ hour ago (292+ words) Traffic Distribution Gmb H (Traffic), which is based in Cologne, Germany, is expanding its global network with the launch of Traffic Distribution USA Inc. (Traffic USA). The launch is said to coincide with the 30-year anniversary of We The People…...
5. 11, BOA and Primaloft Parent CODI's Debt Ratings Downgraded
5+ mon, 2+ week ago (219+ words) Moody's also noted that the company's liquidity is also constrained by the approaching maturity of its credit facility in July 2027, sizable term loan amortization payments in 2026, and stepdown of financial maintenance covenant thresholds. CODI's businesses also include'Velocity Outdoor, The Honey…...
Macy's to Cut Over 1, 000 Jobs in Connecticut Fulfillment Center Closures
5+ mon, 3+ week ago (351+ words) Macy's Inc plans to close two fulfillment centers and a store delivery and customer returns facility in Connecticut in March, laying off more than 1, 000 workers. The affected warehouses include two in Cheshire, CN, at 475 Knotter Drive and 181 W. Johnson Avenue, and…...
EXEC: Giant Group Works Toward Resolution of Labor Charges in Meeting with U. S. CBP
8+ mon, 1+ week ago (210+ words) Giant Group is reporting that a team from the company met with the U. S. Customs and Border Protection (CBP) in Washington, D. C. in late October for an official, in-person meeting. The atmosphere was said to be positive and constructive, according to Giant,…...