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International

FORCHHEIM, Germany (BRAIN) — YT Industries has hired Duncan McCann as international business manager.

Tagged People

STOCKHOLM (BRAIN) — Swedish skiing and cycling helmet and apparel company POC has been acquired by Investcorp Group, an investment management firm, for $65 million from its parent, outdoor equipment company Black Diamond.

Tagged Mergers & Acquisitions
A photo from the cyclesmith.jp homepage.

GOLDEN, Colo. (BRAIN) — The outdoors brand Mountainsmith is bringing back its Cyclesmith brand of bike products, but only for the Japanese market. The company said the plans are in response to a growing demand for Mountainsmith products in Japan and a steady increase in sales over the past three years.

NOVATO, Calif. (BRAIN) — Marin Mountain Bikes Inc. will be making its first appearance at the Asia Bike Trade Show in Nanjing's International Expo Centre in China from Oct. 9-12.

The TSG Evolution helmet.

LAS VEGAS (BRAIN) — Zurich, Switzerland-based TSG International AG has set up a U.S. office in Carlsbad, Calif., to support their operations here. The company displayed its U.S. line at the recent Interbike show in Las Vegas.

MANNING, S.C. (BRAIN) — South Carolina Gov. Nikki Haley warmly greeted a gathering of Chinese manufacturers on Tuesday promising them her support to do whatever it takes to interest them in setting up a factory in South Carolina.

The Whyte Saxon Cross Team sells for $2,100.

LAS VEGAS (BRAIN) — Jason Faircloth, a former vice president at Marin Bikes, is launching a new company selling Whyte brand bikes consumer direct in the U.S. Whyte is a U.K.-based brand that's been around since 1999.

Tagged Omnichannel
UPDATED

LAS VEGAS (BRAIN) — BRG Sports said a Chinese citizen has been fined and sentenced to nearly three years in prison in China for trafficking in counterfeit Giro helmets.

LUGANO, Switzerland (BRAIN) — Assos has sold a majority stake in the company to an investment group led by former Black Diamond Equipment director Philip N. Duff, who becomes Assos’ new CEO.

HONG KONG (BRAIN) — Vittoria Group has appointed Michael Marx as its new senior executive manager and member of its executive management team.

Tagged People

VALLEJO, Calif. (BRAIN) —Italy Cycles Billato and Wren Sports, LLC. have entered into an exclusive sales and distribution agreement for North America.

STOCKHOLM (BRAIN) — Thule Group has agreed to sell its snow chain business to Schneketten AG – an Austrian company in the snow chain industry, for 10 million euros ($11.2 million) in cash and up to another 10 million euros based on sales in the coming seasons.

Tagged Mergers & Acquisitions

LONDON (BRAIN) — The Voxwomen Cycling Show, which first aired on British Eurosport television, will soon be viewable in more countries via Bloomberg Television and the digital television platform, Cycling TV.

The event's outdoor demo to continue throughout the show next year.

FRIEDRICHSHAFEN, Germany (BRAIN) — Next year's Eurobike show will add a second public day and the event's outdoor demo will continue throughout the show.

Tagged Eurobike

SINGAPORE (BRAIN) — RedWhite Apparel, a Singapore cycling clothing brand that specializes in gear for ultra-long distance rides, has appointed new distributors in South Korea and Japan. 

Tagged Distributor news

FRIEDRICHSHAFEN, Germany (BRAIN) — The World Federation of the Sporting Goods Industry announced at Eurobike this week that new wheel testing procedures have been finalized and will be presented to the Union Cyclist Internationale (UCI) Equipment Commission in October.

Tagged Racing & Sponsorship / Eurobike

FRIEDRICHSHAFEN, Germany (BRAIN) — Santa Cruz Bicycles, which was purchased by Pon Holdings earlier this summer, has taken over its distribution in the Germany and Austria markets, the company announced this week.

Tagged Eurobike / Distributor news

FRIEDRICHSHAFEN, Germany (BRAIN) — From tubes and helmets to folding bikes, footwear and everything in between, new product galore made its debut in the halls of the Messe Friedrichshafen during the first two days of Eurobike 2015.

Tagged Eurobike

TAMPA, Fla. (BRAIN) — Dalian Wanda Group Co., Ltd. , a Chinese private conglomerate, has reached an agreement to buy Ironman for approximately $650 million from Providence Equity Partners.

FRIEDRICHSHAFEN, Germany (BRAIN) — Ready for another addition to the growing number of terms for the “plus” tire size?

Tagged Eurobike

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