BOLOGNA, Italy (BRAIN) — Andrea Pierantoni, sales and marketing director for Tenneco Marzocchi, is hopeful that a sale of the motorcycle and bike suspension business will keep the Italian brand alive.
OSAKA, Japan (BRAIN) — Shimano Inc. sales were up nearly 26 percent in the first half this year, to 197 billion yen ($1.6 billion) worldwide. Bike sales were up 29.7 percent. The company said a solid economy in the U.S. contributed to the results, as did the continued depreciation of the yen.
CANTON, Mass. (BRAIN) — Kryptonite has signed on with Shimano Europe Bike Holding to distribute the brand’s bicycle security products in several European countries, including the Netherlands, Belgium, Luxembourg, France, Sweden, Denmark, Finland and Norway. Effective Sept.
KOBLENZ, Germany (BRAIN) — Canyon Bicycles is opening an office in Melbourne and will soon begin consumer-direct sales in Australia and New Zealand. The company said it would assemble bikes at its German headquarters and ship directly from there to consumers Down Under.
WILTON, Conn. (BRAIN) — Dorel Sports has appointed James Hamilton, based in the company's Frome, U.K. office, as its global marketing manager, for parts and accessories in its Cycling Sports Group.
HELSINKI (BRAIN) — Mavic sales were up 3 percent globally in the first half of this year, as its parent company Amer Sports Corporation recorded a net sales increase of 9 percent, to 461.1 million euros ($509 million).
SANDY, Utah (BRAIN) — Reynolds Cycling is expanding its relationship with DWL Bicycle Company, who will now manage all aftermarket sales and marketing responsibilities in Asia. DWL, based in Taichung, Taiwan, previously handled responsibilities for Reynolds involving Asian OEs and assemblers.
BAULKHAM HILLS, Australia (BRAIN) — Trent Fitzgibbins, one of the co-founders of the Australian distributor JetBlack Products, has sold his share in the company to co-founder Tony Simmonds and plans to take "a lesser role in the company."
SEYMOUR, Conn. (BRAIN) — Thule Group is reporting a net sales increase of 20 percent in its second quarter, a result helped by favorable currency fluctuations. In currency neutral figures, the Sweden-based company saw a 6.4 percent sales increase in the quarter, which ended June 30.
SAN MATEO, Calif. (BRAIN) — GoPro, Inc. revenue hit $420 million in its second quarter, which ended June 30, a 72 percent increase year over year.
GoPro's founder and CEO, Nicholas Woodman, noted the company's "aggressive pace of innovation."
HERMOSA BEACH, Calif. (BRAIN) — Bliss, a Germany-based protective gear brand, is looking to come to the U.S. market this year with its line of lightweight mountain bike pads.
MADRID (BRAIN) — Chris Tarlton has joined Rotor Bike Components as general marketing manager, overseeing development of the brand's image worldwide.
ROSSANO VENETO, Italy (BRAIN) — Giuseppina Ferronato, who owned the Selle San Marco saddle company with her family, died Saturday.
"Giuseppina will be remembered for her commitment and passion that always distinguished her job in Selle San Marco," the company said in a statement this weekend.
ALMERE, the Netherlands (BRAIN) — Pon Holdings, a Dutch conglomerate that owns several bike brands including Cervélo, Focus and Gazelle, has purchased California-based Santa Cruz Bicycles.
SURSEE, Switzerland (BRAIN) — As part of its distribution overhaul in North America, Swiss mountain bike protection and apparel brand iXS has named Live to Play Sports as its exclusive Canadian distributor effective Aug. 1. U.S.
TREVISO, Italy (BRAIN) — Sidi Sport s.r.l. is has signed Saddleback Ltd. as the exclusive distributor of its cycling products in the United Kingdom and Ireland effective Sept. 1.
GIVISIEZ, Switzerland (BRAIN) — Scott Sports SA has purchased Bergamont Fahrrad Vertrieb GmbH from BMC Group Holding AG, which acquired the German bike brand in 2008. Since that time, Bergamont’s sales have doubled, Scott stated in a release.
DENVER (BRAIN) — Donnelly Sports — a Denver-based company that develops and markets Clement tires, licensing the trademark from Pirelli — is looking to rebuild the historic brand in its original home, Europe.
ZWOLLE, the Netherlands (BRAIN) — Dutch wheel manufacturer Fast Forward Wheels B.V. has named Radial Sports LLC its exclusive distributor for the U.S. market.