TITLE

End of a cycle

PUB. DATE
October 1992
SOURCE
U.S. News & World Report;10/19/92, Vol. 113 Issue 15, p17
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Reports that after nearly 100 years of peddling two-wheeled peddallers, Schwinn Bicycle Co. succumbed to $82 million of debt and filed for bankruptcy last week. Famous Schwinn models include Aerocycle, Paramount, and Phantom; 27.5 million American adults cycle weekly; The retail value of 1990 United States bicycle sales; More.
ACCESSION #
9210193879

 

Related Articles

  • Paramount lives.  // Bicycling;May93, Vol. 34 Issue 5, p20 

    States that Schwinn's Chapter 11 troubles, and its subsequent acquisition by the Scott Sports Group, cast doubts on the fate of the Paramount Design Group, which built about 1,000 high-end frames for Schwinn each year. Now, the factory has been purchased by Richard Schwinn and others and will...

  • Schwinn is moving.  // Bicycling;Aug93, Vol. 34 Issue 8, p14 

    Discusses how after 98 years in Chicago, Schwinn is moving west to be closer to its new parent, the Scott Sports Group. Leading candidates for new headquarters.

  • A schwinn family feud. Crown, Judith // Crain's Chicago Business;2/14/94, Vol. 17 Issue 7, p1 

    Reports on the legal dispute over fraud and mismanagement of the Schwinn Bicycle Co. among Schwinn family members. Lawsuit charges filed by the beneficiaries of the trust that owned Schwinn's stock against the trustees who operated as the company's board; Compensation and punitive damages...

  • Owners' goal: To get Schwinn back in shape.  // Crain's Chicago Business;10/11/93, Vol. 16 Issue 41, p59 

    Deals with the plan of Schwinn Bicycle & Fitness L.P., the former Schwinn Bicycle Co., in regaining the number one position in the bicycle manufacturing industry. Winning back the dealers; Use of a flashy advertising campaign; Development of new fitness products; Hiring of bicycle designer Skip...

  • The end of a long road for Schwinn?  // Newsweek;10/19/1992, Vol. 120 Issue 16, p52 

    Reports that Schwinn, the venerable bicycle maker, has filed for Chapter 11 protection. Measure will enable it to restructure its debt; CEO Edward R. Schwinn Jr. is confident that the company will emerge as a stronger company; May emerge as a much different company; Background.

  • In the shop.  // Time;10/19/1992, Vol. 140 Issue 16, p22 

    Reveals that Chicago-based Schwinn has filed for Chapter 11, after its 25 percent share of the US bike market in the 1950s dwindled to seven percent today. Schwinn seemed to lose touch with the American market and is seeking a cash infusion from investors to help it get back up and rolling.

  • The right last name shouldn't be your ticket to CEO's seat. Crown, Judith // Crain's Chicago Business;06/01/98, Vol. 21 Issue 22, pA147 

    Focuses on the problems faced by Chicago's Schwinn Bicycle Company during the 1990s. Circumstances surrounding the bankruptcy of the company in 1992; What caused the company's earnings to fall; Amount of money the Schwinn family sold the company for.

  • Play Time. SHERRY, JENNIFER // Bicycling;Dec2013, Vol. 54 Issue 11, p13 

    The article offers information on the Biking Game introduced by the Schwinn Bicycle Co. which sells more than 500,000 bikes each year.

  • 1896 Schwinn the World Tandem. Langley, Jim // Bicycling;Oct95, Vol. 36 Issue 10, p38 

    Features the Schwinn Bicycle Co.'s The World tandem bicycle. Features and functions; Design and styling.

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics