BRUSSELS (BRAIN) — The 2018 Velo-City international advocacy summit will be held in Rio de Janeiro, the European Cyclists' Federation, the event's organizer, announced Monday.
STOCKHOLM (BRAIN) — Thule Group notched a 5.1 percent sales increase in 2015 in currency-neutral figures. The Stockholm-based company recorded sales of 5.3 million Swedish Kronas ($623 million) for the year, capped by a 3 percent sales increase in the final quarter.
AIGLE, Switzerland (BRAIN) — The Union Cycliste Internationale said it conducted an unannounced check for bike motos at the La Méditerranéenne stage race on Friday.
OSAKA, Japan (BRAIN) — Shimano's net sales were up nearly 14 percent in 2015, to 378 billion yen ($3.3 billion). Operating income also increased, by nearly 30 percent, to 85.1 billion yen.
PETALUMA, Calif. (BRAIN) — E-Thirteen is now sponsoring American pro downhill racer Aaron Gwin and the YT Mob team, which is title-sponsored by YT Industries, a Germany-based consumer-direct bike brand. The team also includes young Spanish star Angel Suarez.
ROSSANO VENETO, Italy (BRAIN) — The Bigolin family, which owns the Selle Italia saddle brand, now also has an interest in the Selle San Marco brand, the companies announced this week.
HELSINKI (BRAIN) — Mavic's owner, Amer Sports Corp., is reporting net sales of 783.7 milion euros ($870 million) in the fourth quarter of 2015, up 6 percent in local currencies from its sales in the same period in 2014. Gross margins increased to 43.8 percent from 43 percent in the prior year.
LIVINGSTON, Scotland (BRAIN) — David Pritchard has joined the Scottish cycle clothing supplier Endura Ltd as sales director. The company said the new position was created to provide greater experience and support to its global sales team.
TAIPEI, Taiwan (BRAIN) — Some bicycle brands well-known in the U.S., as well as some lesser known brands, were among those recognized in the most recent Taiwan Excellence Awards. The awards are bestowed by Taiwan's Ministry of Economic Affairs and have been since 1992.
NEVERS, France (BRAIN) — Look Cycle announced Wednesday that it had bought a controlling interest in another French cycling stalwart, the wheel maker Corima.
HEERENVEEN, the Netherlands (BRAIN) — Accell Group says an employee in its Taiwan office may have stolen as much as 4 million euros ($4.4 million) from the company by withdrawing money from the company's bank account.
LEAMINGTON, England (BRAIN) — Hiplok has named Ian Manning head of sales as part of an expansion at the U.K.-based maker of wearable locks.
VANCOUVER, British Columbia (BRAIN) — Urban cycling shoe brand Quoc Pham has begun selling in Canada through Brilliant Health International Distributors Inc.
WILRIJIK, Belgium (BRAIN) — Sapim has just moved its headquarters to a new location.
AURORA, Ontario (BRAIN) — Canadian e-bike electric propulsion system manufacturer BionX International has named Casey Anderson as its new sales manager for North America and emerging markets.
ADELAIDE, Australia (BRAIN) — The new Canyon/SRAM Racing women's team is holding "tryouts" for a new team member via the Zwift online cycling application.
CANBERRA, Australia (BRAIN) — Australia-based Today's Plan is expanding into the U.S. and Canada with its customized training plans and analytics that it offers for specific bike events.
TUCSON, Ariz. (BRAIN) — TriSports.com, a multi-sport retailer, is supporting World Bicycle Relief with a donation that will purchase five WBR Buffalo Bicycles to be used in Africa.
HELSINKI (BRAIN) — Amer Sports Corporation announced Tuesday that president and CEO Heikki Takala is assuming direct responsibility for the company's apparel business unit and its Arc'teryx brand.