PORTSMOUTH, UK (BRAIN)—Online UK bike retailer Wiggle continues to expand its sales reach with the launch of its website in Russian and Chinese.
TAICHUNG, Taiwan (BRAIN)—Bigger and busier were two commonly heard sentiments as Taichung Bike Week kicked off Tuesday in three popular hotels along the industrial city’s bustling downtown strip. (Click on link above to download the PDF newsletter.)
SAN DIEGO, CA (BRAIN)—Fallbrook Technologies has teamed with Perfect Sport International (PSI) to meet increased demand for bikes equipped with the company’s NuVinci N360 CVP transmission and NuVinci Harmony drivetrain.
MONTRÉAL, QUEBEC (BRAIN)—Outdoor Gear Canada now has 40,000 square feet of additional space to house inventory at its Montréal LEED-certified headquarters.
GELSDORF, Germany (BRAIN)—Fallbrook Technologies Inc. cut the ribbon on a new European service center to house customer service for its NuVinci CVP drivetrain and Harmony auto-shifting system.
TAICHUNG, Taiwan (BRAIN)—Next year, Taipei Cycle turns 25 and show organizers are celebrating the milestone by introducing several new features including the first D&I awards to promote innovation and design in Taiwanese products; holding the show in conjunction with the 39-year-old sporting goods show and first
VICTORVILLE, CA (BRAIN)—Bangladesh factory GermanBangla Bicycles has opened a U.S. subsidiary in Victorville, California, as it looks to drum up business among North American bicycle brands seeking a low cost manufacturing alternative to factories in China and Taiwan.
SLATINA, Romania (BRAIN)—Campagnolo has opened a second Romanian factory in a small town near the Bulgarian border, about 60 miles from its existing production facility in Eastern Europe.
PORTLAND, OR (BRAIN)—Chris King Precision Components announced a partnership with Saddleback to distribute its sealed hub sets in the UK market.
PORTLAND, OR (BRAIN)—Planet X USA is now the exclusive distributor of Guerciotti Italian bicycles in North America.
The brand was previously distributed by Ochsner International in the U.S. and Velocissimo Cycle and North American Bici Wholesale in Canada.
BANGKOK, Thailand (BRAIN)—Vittoria’s Lion Tyres factory in Bangkok not only produces Vittoria branded tires, but it is a large OEM tire maker for numerous high-end tire brands. As floodwaters continue to rise in Bangkok, officials at Lyon Tires say so far its factory is not affected.
CLOPPENBURG, Germany (BRAIN)—Pon Holdings issued its offer document for the public takeover of Derby Cycle today, opening the 28-day acceptance period for the buyout.
HALIFAX, United Kingdom (BRAIN)—Orange Mountain Bikes is returning the road after a 15-year hiatus.
TAIPEI, Taiwan (BRAIN)—The export value of bicycles from Taiwan reached $683 million through May, an increase of 9.4 percent from last year.
BRUSSELS, Belgium (BRAIN)—The European governing body officially renewed anti-dumping duties today for bikes imported from China at 48.5 percent for the next five years.
SAO PAULO, Brazil (BRAIN)—Rising import duties in Brazil and ongoing pressure from domestic manufacturers for further protection are challenging global brands looking for new business in South America’s largest bike market.
THE HAGUE, Netherlands (BRAIN)—The Dutch government has ordered Accell Group, Gazelle and Giant to pay a total of more than 19 million euros ($25 million) in fines stemming from a 2000 anti-competition case.
MEQUON, WI (BRAIN)—Hayes Components has opened a new European headquarters in Munich, Germany.
Hayes has six locations globally. Headquartered in Mequon, Wisconsin, Hayes has manufacturing facilities and sales offices in Milwaukee, Wisconsin, Taipei, Taiwan, Wugu, Taiwan and Jinhua, China.
BALLYCLARE, Ireland (BRAIN)—Irish online retailer Chain Reaction Cycles reported pre-tax profits of 13.3 million British Pounds ($20. 8 million) last year and sales of 109.4 million pounds ($171 million), according to British media reports.
CLOPPENBURG, Germany (BRAIN)—Derby Cycle has reached an agreement with Dutch Pon Holdings to acquire all the company’s shares, averting a hostile takeover by competitor Accell Group.
Pon, one of the largest family-owned businesses in the Netherlands, is an international trading and service company.