OSAKA, Japan (BRAIN) — Unfavorable weather in Europe and North America was countered by strong sales in China and a growing service parts business in all markets to drive Shimano’s sales 10 percent higher in 2013 to $2.68 billion (271.037 billion yen).
HEERENVEEN, Netherlands (BRAIN) — Accell Group N.V. is selling its Hercules bike brand to Germany’s largest retail cooperative, Z.E.G. The acquisition includes transfer of the Hercules brand, corporate premises in Neuhof and working capital to Z.E.G.
HELSINKI, Finland (BRAIN) — Mavic sales were flat in the fourth quarter of parent-company Amer Sports' fiscal year, Amer reported Tuesday. The Finnish company said Mavic sales were just a hair better than flat for the full fiscal year: up 1 percent to 129 million euros ($176 million).
MUNICH (BRAIN) — The World Federation of the Sporting Goods Industry has elected Frank A. Dassler as its new president. Dassler is the general counsel of the Adidas Group and a descendent of Adidas and Puma founders Adolf and Rudolf Dassler; his father, Armin Dassler, served as WFSGI's president from 1986-1989.
DENVER (BRAIN) — Rudy Project has appointed Chris Lupo to the newly created position of global sponsorship director for triathlon.
MONTREAL (BRAIN) — The taxpayers of Montreal are expected to be the biggest losers following the bankruptcy of Bixi, the nonprofit spun off from the city's transportation department to supply international bike share systems.
GOLDEN, Colo. (BRAIN) — For the 2014 racing season, Yeti Cycles will focus its international race efforts solely on the Enduro World Series with a fully supported team that includes Junior DH World Champion Richie Rude.
ATLANTA, Ga. (BRAIN) — Wahoo Fitness is now the official supplier of trainers to Team Sky, the team and Georgia-based supplier announced Tuesday.
HAUPPAUGE, N.Y. (BRAIN) — Finish Line Technologies is sponsoring two new top-level pro cycling teams for 2014: Orica-GreenEDGE and Trek Factory Racing.
Astana Pro Team, Cannondale Pro Cycling and Team Europcar are continuing with Finish Line this season.
DUARTE, Calif. (BRAIN) — Cycleurope France, a member of the Group Grimaldi of Sweden, is Dahon's new distributor in France.
CHICAGO (BRAIN) — SRAM has appointed Frank Ripper as its mountain bike PR coordinator for much of Europe. Ripper has been SRAM's MTB technical marketing coordinator for Europe for the last few days.
BOULDER, Colo. (BRAIN) — Britain's Team Sky will use U.S.-made Stages Cycling power meters for the 2014 race season, the company announced Tuesday.
NEWBURY PARK, Calif. (BRAIN) — Giant Bicycle is joining Cannondale, Trek, Merida and BMC among bike brands that are title or co-title sponsors of top-tier UCI professional road teams.
STOCKHOLM (BRAIN) — Swedish helmet and eyewear maker POC has signed on as sponsor of the Garmin-Sharp professional team for the next three years. POC will supply helmets and eyewear to the team starting this month.
STOCKHOLM (BRAIN) — Engineers and product designers from Swedish helmet brand POC and Volvo Car Group are working together on products that will improve rider safety, according to a press release issued Thursday.
GHENT, Belgium (BRAIN) — The membership of the European Two-wheel Retailers’ Association (ETRA) has decided to dissolve the organization because of insufficient funding, the group said in a brief statement emailed Wednesday and posted on the association’s website.
POZZOLEONE, Italy (BRAIN) — Riccardo Bigolin, who founded Selle Royal and saw it grow into one of the world’s premium saddle companies, died on New Year’s Day. He had turned 85 on Dec. 28.
|Team Name||Team Bike||Component Sponsor|
|AG2R LA MONDIALE||Focus||Campagnolo|
|ASTANA PRO TEAM||Specialized||Campagnolo|
BAAL, Belgium (BRAIN) — Trek Bicycle is sponsoring cyclocross world champion Sven Nys' team, Crelan AA Drink, starting New Year's Day. Nys is a two-time world champion, six-time World Cup overall winner and eight-time Belgium national champion.