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
Edinburgh Bicycle Co-operative Edinburgh Bicycle Co-operative Edinburgh Bicycle Co-operative is a bicycle retailer with three stores across Scotland and two stores in Northern England, and an online store selling worldwide. The co-operative is the longest established worker co-operative in Scotland, having originally been founded as a bicycle repair service in Edinburgh in 1977. In recent years the co-operative has grown to be, arguably, the dominant bicycle retailer in Scotland, with the largest bicycle stores in each respective city. The business offers products from many leadings brands including Specialized, Whyte, Brompton, Kalkhoff, Frog and Giant. The longest established of all Edinburgh Bicycle Cooperative stores