Specialized Bicycle Components Costco. The move angered some Specialized dealers. In 1996, Specialized withdrew the Full Force line and Mike Sinyard wrote a letter of apology to dealers. 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". In 2001, Merida Bikes of Taiwan bought 49% of Specialized for a reported US$30 million. Mike Sinyard remained majority owner and CEO of the company. , Specialized is one of the biggest bicycle brands operating in the United States, alongside Trek Bicycle Corporation and Giant Bicycles. In 2012
French bicycle industry for the rebirth of the French industry. In 1881, Paul de Vivie, a man of twenty-eight, bought his first bicycle, an "ordinary". By 1887, de Vivie decided to devote his attention to his avocation; he sold his business, and moved to Saint-Étienne, where he opened a bicycle shop and started a magazine, "Le Cycliste". Velocio, as de Vivie was known, began to import bicycles from Coventry; within two years, however, he had begun to produce his own bicycles. His 1889 "La Gauloise" was the first bicycle produced in France. French bicycle manufacturers have included: French bicycle component manufacturers have included: