Owner Of Gazelle Bikes Buys Cannondale, Schwinn For $810 Million

Like most businesses during the pandemic, Schwinn’s nearly 100 employees have been operating remotely. “We’ve reviewed next year’s products with customers via Zoom,” Zucchi said from his home when CNBC spoke with him again, in early June. The exception was Walmart, which insisted on an in-person review. “At one point, Schwinn almost meant bicycling,” said… Continue reading Owner Of Gazelle Bikes Buys Cannondale, Schwinn For $810 Million