SHANGHAI, China (BRAIN)—Chinese bike manufacturers are beginning to look at expanding into new markets in Southeast Asia in the face of rising labor costs and restrictive export duties to Europe, said Xiao Yun Huo, vice secretary general of the China Bicycle Association.
BETHEL, CT (BRAIN) Mar 13, 10:18 MT—Dorel Industries' Cycling Sports Group will begin selling Cannondale and GT bikes direct in China this summer, the company announced Tuesday.
BERLIN, Germany (BRAIN)—The bicycle business in Germany contributes 5 billion euros ($6.7 billion) annually to the country’s economy, according to figures released by German trade organization Verbund Service und Fahrrad at last weekend’s Vivavelo congress in Berlin.
MADISON, WI (BRAIN) Feb 24, 16:18 MT—Trek is transitioning sales in Poland away from its long time distributor SSC to a dealer direct model, the company said Friday.
The company expects the transition to take about four months.
F.I.V. Edoardo Bianchi Spa has bought 'a significant minority stake' in its Australian distributor, Sport Outdoor Leisure Australia Pty Ltd (SOLA).
NEUBIBERG, Germany (BRAIN) Feb 13, 06:56 MT While the rest of the publishing world is figuring out how to supplement print products with digital and online coverage, the team behind the velobiz.de website is doing the opposite.
MELBOURNE, Australia (BRAIN) Feb 7, 06:37 MT — Six key industry suppliers have stepped up their commitment to the Australian market through an investment in the Cycling Promotion Fund (CPF) advocacy group.
HEERENVEEN, Netherlands (BRAIN) Feb 6, 09:26 MT—Accell Group N.V. is strengthening its operations in Asia with the appointment of a senior executive for its offices in Taiwan.
VANCOUVER, British Columbia (BRAIN) Feb 2, 00:21 MT—Germany’s Ghost bikes will be sold in North America for the first time through an exclusive agreement with Mountain Equipment Co-op, the Canadian retailer announced on Wednesday.
WATERLOO, WI (BRAIN) Jan 31, 11:00 MT— Trek Bicycle said Tuesday that it will pull out of the Eurobike trade show this year in lieu of hosting its own retailer-focused Trek World Europe in mid-July in Frankfurt, Germany.
TAIPEI, Taiwan (BRAIN) Jan 20, 17:42 MT — Bikes exported from Taiwan returned to 2009 levels last year, dropping 13.7 percent in units from 2010. But the value of those exports rose 10.7 percent an indicator of the island’s ongoing shift to higher quality, innovative products.
TAIPEI, Taiwan (BRAIN)—Taiwan voters’ re-election of President Ma Ying-jeou for a second and final term over the weekend bodes well for the future success of island bike manufacturers.
WASHINGTON, DC (BRAIN)—Usually by the time November rolls around suppliers have brought in well over 17 million bikes. But overly optimistic imports two years ago, coupled with poor sell-through last year, slowed down the bike business 22 percent from 2010.
TAIPEI, Taiwan (BRAIN)—Taiwan voters go to the polls this weekend to decide a close presidential race that bears implications for cross-strait relations between the island and mainland China.
TAIPEI, Taiwan (BRAIN)—Taiwan’s bike manufacturers reported modest revenue gains in 2011 in the face of rising raw material and labor costs, currency fluctuations and a global economic downturn.
Megan Tompkins sat down with Bonnie Tu, executive vice president and CFO, at the Liv / Giant store in Taipei to talk about what Giant has learned from its first dedicated women’s retail store.
NUNSPEET, Netherlands (BRAIN)—Shimano Europe has hired a new PR and events manger. Rudy Bouwmeester, 29, will take over the role vacated by Harald Troost last September.
By Nicole Formosa
TAICHUNG, Taiwan—Uncertainty over economic stability in Europe has Taiwanese manufacturers in wait-and-see mode as 2012 orders dip from suppliers in its most important export market.
TAIPEI, Taiwan (BRAIN)—China is playing an increasingly important role for Merida as the Taiwan manufacturer reported significant rises in units sold and revenue generated in the country during the first 11 months of the year.