ROSSANO VENETO, Italy (BRAIN) — Thieves stole 6,000 saddles — worth about 1 million euros ($1.4 million) — from the Selle San Marco warehouse here on Friday night, the company said.
The saddles were stored in more than 300 boxes that were ready to be shipped.
IRVINE, CA (BRAIN) — Felt Bicycles announces this week it will not renew its sponsorship of the Team Argos-Shimano pro team for the 2014 season.
OKLAHOMA CITY, OK (BRAIN) — Vittoria Industries North America says it has reduced online listings of counterfeit 3T products by 95 percent in the last six months.
TAICHUNG, Taiwan (BRAIN) — Organizers of Taichung Bike Week have set dates for the event in 2014—Nov. 4-7. Formosa 900, an opportunity for the industry to cycle around the island, begins Nov. 8.
MARINA, CA (BRAIN) — Sidi America, the Italian shoe brand's subsidiary and sales agent since 2009, is shutting down as Sidi’s motorsports distributor, Motonation, takes over sales and distribution of cycling products.
LONDON, UK (BRAIN) — Future Publishing, parent of Cyclingnews.com, BikeRadar.com, CyclingPlus magazine and other cycling titles, is reporting that its normalized revenues increased 3 percent in its recently concluded fiscal year.
FRIEDRICHSHAFEN, Germany (BRAIN) — The European trade show Eurobike will hold its bike demo on the Messe Friedrichshafen grounds next year, instead of a few miles away in Argenbühl, Germany.
ORANGE COUNTY, CA — Highway Two will become the exclusive distributor of Kask cycling helmets in the U.S. and Canada in January. Highway Two will serve North American retailers through its network of 11 inside and 40 outside sales reps and territory managers, the company said in a press release.
HEERENVEEN, Netherlands (BRAIN) — Accell Group expects revenue for full-year 2013 to be up compared with 2012 despite lower preseason sales and rampant product discounting at the end of the season.
COLORADO SPRINGS, CO (BRAIN) — Seven Americans have been appointed to nine positions on commission at the international cycling union, UCI.
PAAL-BERINGEN, Belgium (BRAIN) — Ridley co-owner and CEO Jochim Aerts and an investment group have bought out the Kumpen family's share of the Belgium bike brand.
NEW YORK, NY (BRAIN) — Sotheby's New York will auction a limited edition Cinelli Laser prototype this month, with proceeds from the Nov. 23 sale to benefit The Global Fund to fight AIDS, Tuberculosis and Malaria.
CHICAGO, IL (BRAIN) — German manufacturer Abus is known to U.S. and Canadian retailers for its heavy duty locks. But the company sells much more than bike security in its home market and across Europe, and is now bringing helmets to North America.
TAICHUNG, Taiwan (BRAIN) — Too much success poses as many issues as too little, and that’s what now confronts organizers of Taichung Bike Week. Has it become too big? And is it attracting the right vendors?
SCOTTS VALLEY, CA (BRAIN) — Fox has completed the acquisition of its German distributor and service center, Toxoholics GmbH, for $2.3 million, the company told investors on an earnings call Wednesday.
OAKLAND, CA (BRAIN) — German saddle brand SQlab has added three new models and updated existing models for 2014. The brand also will be distributed in the U.S. next year by Hawley and BTI.
TAICHUNG, Taiwan (BRAIN) — Hearing from dealers that Chain Reaction or Wiggle is offering products below wholesale is not a phone call any supplier wants to field.