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.
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.
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.
MINNEAPOLIS (BRAIN) — Greg LeMond is continuing to work on a re-entry to the bike market, launching a new U.S.-made steel road bike model this fall, with plans for other models to be launched in 2015.
BLOOMINGTON, Minn. (BRAIN) — QBMX, Quality Bicycle Products' BMX division, is now distributing the Germany-based We The People brand. QBP will be the exclusive U.S. distributor for We The People bikes and parts for 2015.
PADOVA, Italy (BRAIN) — They do things different in Italy.
MADRID (BRAIN) — The Spanish bike industry heaved a collective sigh of relief this past weekend after two rival bike shows that have competed for the same September dates the past two years joined forces to produce Unibike, which took place at Madrid's IFEMA exhibition hall over the weekend.
FOXBOROUGH, Mass. (BRAIN) — Todson, Inc. is now importing helmets from the Italian brand MET.
MET, based in the Italian Alps, was founded in 1987 but this is the first time the brand has been sold in the U.S. Todson founder Neal Todrys said MET is one of the top three brands in Europe.
LUGANO, Switzerland (BRAIN)—Effetto Mariposa, the company behind Giustaforza torque wrenches and Caffélatex tire sealant, moved its headquarters into a new facility in Lugano, Switzerland, from its previous location in Italy.
LAKE FOREST, Calif. (BRAIN) — Torcano Industries has hired a distributor in Norway with the newly formed Torcano Industries Norge AS.
WILMINGTON, Del. (BRAIN) — Blue Bicycles is branching outside of the United States and has added new distributors in the U.K. and Spain. The company also announced it will begin selling directly into Canada and Mexico with a new sales force in each country.
SANTA CRUZ, Calif. (BRAIN) — Shocker Distribution is now the distributor for X-Fusion Suspension products in Germany. Shocker is the exclusive distributor of other brands in Germany including WTB, Devinci bicycles, Industry Nine, Chromag and others.
KETCHUM, Idaho (BRAIN) — Club Ride has hired New Zealander Daniel Carruthers to provide consulting services for distribution and marketing in the Asia-Pacific markets.
ROTTERDAM, The Netherlands (BRAIN) — California-based manufacturer Pure Fix Cycles announced this week that is has opened a corporate office in Europe.
FRIEDRICHSHAFEN, Germany (BRAIN) — 2014 may be the Year of the Return of the Concept Bike, at least at the Eurobike show. In addition to the BMC concept bike we wrote about earlier this week, on Tuesday we took a look at a full-suspension, extensively "connected" concept road from Canyon.
FRIEDRICHSHAFEN, Germany (BRAIN) — At a press conference hosted by the Taiwan External Trade Development Council (TAITRA), several leading Taiwanese companies came together to launch new products on the second day of the Eurobike show.
FRIEDRICHSHAFEN, Germany (BRAIN)—Coming off a mild winter and beautiful spring, the German market has experienced an increase in sales and market experts expect the positive trend to continue through the remainder of the year.
FRIEDRICHSHAFEN, Germany (BRAIN) — Occasional rain showers and cool temperatures didn't stop showgoers from getting on the trail for Eurobike's Demo Day on Tuesday. For the first time, Demo Day was held on show grounds, adjacent to the Messe where the Eurobike expo takes place in Friedrichshafen.