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International

Posted October 17, 2012

NIENBURG, Germany (BRAIN) — A massive fire ripped through two warehouses at German manufacturer and distributor Hartje on Tuesday evening, destroying thousands of bicycles and bike parts and racking up millions of dollars in damages. 

Posted in International
Posted October 9, 2012

CLOPPENBURG, Germany (BRAIN) — Pon Holding on Tuesday said it would pay the last shareholders of Derby Cycle 31.56 euros per share to buy out the remaining 5 percent interest in the company.

Posted in International Tagged Mergers/Acquisitions
Posted October 9, 2012

TAIPEI, Taiwan (BRAIN) — Taiwanese manufacturer Velocite Bikes has partnered with electronics giant Acer to demonstrate in real time the airflow benefits of its new aero road frame. 

Posted in International
Posted October 3, 2012

BETHEL, CT (BRAIN) — Cannondale has dropped one of its non-U.S. distributors that Cannondale said sold some of its bikes to the Costco warehouse chain. 

Posted in International
Posted October 2, 2012

SCHWEINFURT, Germany (BRAIN)—Accell Group is poised to enter the U.S. market with its Haibike brand next year, deepening the Dutch company’s commitment to North America.

Posted in International
Posted October 1, 2012
Babici's Hibrido winter jersey features removable sleeves.

PORTLAND, OR (BRAIN) — Babici, a relatively new high-end road cycling clothing line based in Australia, is coming to shore in the U.S. next season. The brand's exclusive U.S. online retailer will be Competitive Cyclist; the company also will be looking to sell to independent bike dealers.

Posted in International
Posted October 1, 2012

NUNSPEET, Netherlands (BRAIN) — Effective january 1, Matthias Reinacher will become managing director of Pearl Izumi Europe, the company announced Monday. Reinacher is currently the senior brand manager of the Shimano-owned company.

Posted in International Tagged People
Posted September 28, 2012
The Focus Ag2R team bike.

CARLSBAD, CA (BRAIN) — Focus Bicycles is returning to the WorldTour with a three-year agreement to sponsor France's Ag2r-La Mondiale team. The brand will be the technical sponsor of the team, which will ride a new Izalco Team SL model for the 2013 season.

Posted in International Tagged Competition
Posted September 26, 2012

NUNSPEET, Netherlands (BRAIN) — Shimano, which already sponsors the BMC pro road racing team, will expand its relationship with BMC next year and take over sponsorship of its pro mountain biking team, the companies announced Wednesday.

Posted in International Tagged Competition
Posted September 26, 2012

RICHMOND, VICTORIA, Australia (BRAIN) — The Australian accessory brand Knog is opening a European headquarters in Lyon, France, the company announced Wednesday.

Posted in International
Posted September 25, 2012

The ExpoBici show in Padua, Italy, closed Monday after a four-day run.

Posted in International Tagged Tradeshows and conferences
Posted September 18, 2012

MADRID, Spain — Two bike events with contrasting objectives took place this past weekend in Madrid, which caused some exhibitors to make a decision between the two.

Posted in International Tagged Tradeshows and conferences
Posted September 13, 2012

SHANGHAI, China (BRAIN)—Brompton opened its first concept store in Shanghai this week, marking the first time handmade British bikes will be available in China.
 

Posted in International
Posted September 11, 2012

GOLDEN, CO (BRAIN) — Yeti Cycles has signed a new Italian distributor, Releven SRL, which took over distribution for the U.S. brand on September 1. Releven replaces DSB.

Posted in International
Posted September 5, 2012

SCHAFFHAUSEN, Switzerland (BRAIN) —Dr. Min H. Kao, the "Min" in Garmin and the company's chairman and CEO, has established a plan to sell a portion of his shares in the company over a designated period.

Two of Kao's family trusts, of which he is a trustee, also will sell shares.

Posted in International Tagged Earnings/Financial Reports
Posted September 4, 2012

FRIEDRICHSHAFEN, Germany (BRAIN)—SRAM plans to break ground in the coming weeks on its second factory in China with a target to have the plant running within 12 to 15 months. The factory is near Kunshan, home to the mainland China factories for Taiwan’s two biggest frame manufacturers, Giant and Merida.

Posted in International
Posted August 31, 2012

FRIEDRICHSHAFEN, Germany (BRAIN)—Business and advocacy leaders gathered at the first Advocacy Summit held at Eurobike Thursday to discuss how to unlock 6 billion euros of government funding for new cycling infrastructure to stimulate bicycle sales in a stagnant market.

Posted in International Tagged Advocacy/Non-profits / Eurobike
Posted August 30, 2012

FRIEDRICHSHAFEN, Germany (BRAIN) — The team of 2012 Tour de France winner Bradley Wiggins will race in Rapha clothing next year, the team and clothing supplier announced Thursday.

As part of a four-year agreement, Rapha will also supply Team Sky with off-the-bike clothing, the company said.

Posted in International Tagged Competition / Eurobike
Posted August 30, 2012

FRIEDRICHSHAFEN, Germany (BRAIN)—SRAM president Stan Day said on Thursday he still feels taking the company public is the right decision for the long-term, and will initiate an IPO as soon as stability and visibility improves in global financial markets.

Posted in International Tagged Earnings/Financial Reports / Eurobike
Posted August 29, 2012

FRIEDRICHSHAFEN, Germany (BRAIN) — The first day of Eurobike's indoor trade show (following an outdoor demo on Tuesday) drew in thousands of retailers and media from around the world.

Posted in International Tagged Eurobike

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