In addition to its range of bikes, Schwinn also supplies cycling accessories including helmets, pumps, lights, and storage. Ignaz Schwinn was born in Hardheim, Baden, Germany, in 1860 and worked on two-wheeled ancestors of the modern bicycle that appeared in 19th century Europe. In 1895, with the financial backing of fellow German American Adolph Frederick William Arnold (a meat packer), he founded Arnold, Schwinn & Company. Schwinn’s new company coincided with a sudden bicycle craze in America. Chicago became the center of the American bicycle industry, with thirty factories turning out thousands of bikes every day.
The ownership of Schwinn-branded bikes has changed hands several times. In October 2021, a privately-held Dutch group called Pon Holdings bought Dorel Sports from Dorel Industries, the parent company for Schwinn, Cannondale, GT and Mongoose. The deal included acquisition of Pacific Cycle, which still manages the Schwinn brand and schwinn tricycle others from its headquarters in Madison. The manufacturing equipment and the building were sold and the last remaining seven employees were laid off, each with a “little severance,” Schwinn said. With a garage full of bikes now ready, all you need now are bicycling accessories that enhance your rides and add extra layers of safety.
Enhanced ergonomics, comfort and function wrapped in an even more beautiful package. The new AC Performance Plus with Carbon Blue bike is in a class schwinn tricycle by itself. Schwinn launched a phenomenon with the first production bike designed specifically for indoor cycling, and we’ve never looked back.
By 1992, when the Schwinn Bicycle Company went into bankruptcy, the manufacturing of its bicycles had moved almost entirely overseas, primarily to Asia. That’s still the case for Schwinn-branded bikes sold in the United States. If you’re children aren’t quite old enough to ride a bike of their own, shop our selection of child seats and bike trailers. These products allow an adult bike to support a little one tagging along for a ride by easily and safely attaching to the adult’s bicycle. • Bike path – a selection of bikes designed to handle varied terrain.
Faced with a downward sales spiral, Schwinn went into bankruptcy in 1992.[59] The company and name were bought by the Zell/Chilmark Fund, an investment group, in 1993. At the close of the 1920s, the stock market crash decimated the American motorcycle industry, taking Excelsior-Henderson with it. Arnold, Schwinn, & Co. (as it remained until 1967) was on the verge of bankruptcy.