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International

Posted November 20, 2014

CHICAGO (BRAIN) — SRAM is stepping up to become the co-title sponsor of the women's team formerly known as Specialized-Lululemon. This is SRAM's first venture into title sponsorship on the road.

Posted in International
Posted November 20, 2014

COLORADO SPRINGS, Colo. (BRAIN) — Koobi, a small saddle supplier that targets the triathlon market, has added two new international distributors to its roster, said Phil Schweizer, the company's founder.

Posted in International
Posted November 20, 2014

FRIEDRICHSHAFEN, Germany (BRAIN) — Organizers of the Eurobike trade show are planning a pre-show event for the cycling media, to be held June 30-July 2 in Kirchberg, Austria. 

Posted in International Tagged Eurobike
Posted November 18, 2014
The Dutch company says it's in talks to buy a Danish distributor, Cycle Service Nordic.

HEERENVEEN, Netherlands (BRAIN) — Accell Group is bullish about the second half of its 2014 fiscal year, expecting to book higher turnover and net profit in all of its key markets.

The Dutch company owns Accell North America and the Raleigh, Diamondback, Lapierre and Redline bike brands, among others. 

Posted in International
Posted November 14, 2014

WILTON, Ct. (BRAIN) — The final 2015 Cannondale-Garmin ProTour team roster includes members of the former Cannondale Pro Cycling team and the Garmin-Sharp team.

Posted in International Tagged Competition
Posted November 12, 2014

SANTA MONICA, Calif. (BRAIN) — Bonk Breaker products are going to be distributed in Norway, Denmark and Sweden by Gaia Sport, a distributor co-owned by Danish triathlete Rasmus Henning.

Posted in International
Posted November 11, 2014

SAN FRANCISCO (BRAIN) — Timbuk2 has extended its current contracts with its Korean and Japanese distributors, Anvil SNH Co. and Itochu Fashion System, respectively.

Posted in International
Posted November 10, 2014

PETALUMA, Calif. (BRAIN) — Yuba Bicycles has signed eLastenrad, a German online seller of electric cargo bikes, as its new European distributor.

Posted in International
Posted November 6, 2014

LONDON (BRAIN) — Investcorp has agreed to buy Dainese, the Italian protective gear maker, from Lino Dainese for €130 million ($162 million). Mr. Dainese will retain a minority stake in the business alongside Investcorp.

Posted in International
Posted November 4, 2014
Much of Taiwan's bike industry is based in and around Taichung.

TAICHUNG, Taiwan (BRAIN) — Walk into the Splendor Hotel, and it is hard to believe that Taichung Bike Week organizer Steve Fenton promised last year to cut the show back in size. The show is almost a third larger this year, yet the 430 exhibitors say the intimate feel of the event remains intact.

Posted in International
Posted October 31, 2014

OSAKA, Japan (BRAIN) — When the Bank of Japan announced a massive new stimulus program Friday, world stock markets jumped and the yen dropped to its lowest point since early 2008. But the news is unlikely to change Shimano Inc.’s financial forecast for the remainder of the year.

Posted in International Tagged Earnings/Financial Reports
Posted October 30, 2014

MILAN, Italy (BRAIN) — Luxottica Group SpA, parent of optical brands including Oakley and Ray Ban, reported this week that third-quarter net income rose 10 percent to 162 million euros ($204 million) fueled in part by strong sales growth of more than 30 percent in emerging markets including China, Brazil, India and

Posted in International Tagged Earnings/Financial Reports
Posted October 30, 2014

BERN, Switzerland (BRAIN) — The World Federation of the Sporting Goods Industry (WFSGI) has elected ISM Saddles’ Dave Schindler and Selle Italia’s Piet van der Velde chairpersons of the organization’s new Bicycle Saddle Committee.

Posted in International Tagged People
Posted October 29, 2014

RICHMOND, Victoria, Australia — Knog has enlisted Channel IQ’s services to “regain some control over the integrity of pricing” online, the Australian light and lock brand said in a release.

Posted in International Tagged Web/Internet
Posted October 28, 2014

PETALUMA, Calif. (BRAIN) — Yuba Bicycles has signed with eLastenrad, a German online seller of electric cargo bikes, as its new European distributor, selling direct to both consumers and dealers.

Posted in International
Posted October 27, 2014

TREVISO, Italy (BRAIN) — Sidi has distributed a new policy to its distributors and retailers prohibiting them from removing barcodes from products and said it is electronically tracking all products in an effort to stem gray-market sales.

Posted in International
Posted October 27, 2014

DUARTE, Calif. (BRAIN) — Dahon has signed an agreement with Slovakia-based Dema Bicycles to distribute the folding-bike brand across the Czech Republic, Slovakia, Hungary and the Faroe Islands.

Posted in International
Posted October 23, 2014

HELSINKI (BRAIN) — Amer Sports is reporting that sales in its cycling division — which is entirely composed of its Mavic brand — declined 2 percent in its third quarter, to 32.4 million euros ($40.9M), down from 33.1 million euros ($41.8M) in the same period last year.

Posted in International Tagged Earnings/Financial Reports
Posted October 21, 2014

GRAND RAPIDS, Mich. (BRAIN) — Christophe de Margerie, the chief executive of French oil company Total, which also owned Hutchinson Tire, died Monday when a corporate plane crashed into a snow plough on a airport runway near Moscow prior to takeoff.

Posted in International
Posted October 15, 2014

SANTA MONICA, Calif. (BRAIN) — Bonk Breaker bars are now being distributed in South Africa by MCNS Group, which will manage sales and distribution throughout Sub-Saharan Africa.

Posted in International

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