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International

Posted October 6, 2011

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.

Posted in International
Posted October 5, 2011

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.

Posted in International
Posted October 5, 2011

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.

Posted in International
Posted October 2, 2011

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.

Posted in International
Posted September 27, 2011

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.

Posted in International
Posted September 21, 2011

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.

Posted in International
Posted September 20, 2011

MASER, Italy (BRAIN)—Sidi took over distribution this month in its home market of Italy with the formation of a new company-owned subsidiary, Sidi Italia.

Sidi Italia replaces a longtime distributor in that market.

Posted in International
Posted September 20, 2011

KOBLENZ, Germany (BRAIN)— Germany’s Canyon Bicycles will bring its consumer direct model to the U.S. with product showing up potentially as early as 2013, the company’s Stefan Gabler said. Canyon hired Gabler about six months ago as project manager for the U.S.

Posted in International
Posted September 19, 2011

CLOPPENBURG, Germany (BRAIN)— Derby Cycle announced Monday that it’s in advanced negotiations with a new strategic partner to take over all shares of the public company.

Posted in International
Posted September 19, 2011

WATERLOO, Wisconsin (BRAIN)—Trek has taken over distribution of the Bontrager and Trek brands in Mexico and started selling directly to retailers in that country this month.

Trek was previously distributed by Teknobike for the past decade, and has been present in the Mexican market for 20 years.

Posted in International
Posted September 13, 2011

LONDON (BRAIN)—Brompton plans to pair with its dealers to open a handful of company branded stores in Asia and Europe in the next year, the company’s marketing manager Emerson Roberts said on Monday.

Posted in International
Posted September 12, 2011

CLOPPEBURG, Germany (BRAIN)—Derby Cycles is reporting a 25 percent increase in pre-season orders after wrapping up the tradeshow season in Europe.

Posted in International
Posted September 6, 2011

CLOPPENBURG, Germany (BRAIN)—Derby Cycle will be included in Germany’s SDAX index starting Sept. 19.

The SDAX is made up of 50 small and medium sized companies in Germany and represent the 81st-130th largest publicly traded companies in that country.

Posted in International
Posted September 6, 2011

By Nicole Formosa

Bob Martin has worked at the Brooks saddle factory outside Birmingham, England’s once gritty industrial heart, for 52 years.

Posted in International
Posted August 24, 2011

TAIPEI, Taiwan (BRAIN)—Taiwan’s top two manufacturers reported modest revenue increases in July and for the first seven months of the year, according to numbers released on the Taiwan Stock Exchange.

Posted in International
Posted July 21, 2011

CLOPPENBURG, Germany (BRAIN)—Derby Cycle has taken over sales of its Focus brand in the U.K. from Wiggle as part of a new strategy to start direct distribution in that region.

Online retailer Wiggle had been Focus’ exclusive distributor in the U.K.

Posted in International
Posted July 15, 2011

SCHWEINFURT, Germany (BRAIN)—SRAM will layoff another 27 people at its Schweinfurt, Germany, factory by the end of this month as it completes the second phase of its production shift to Taiwan.

Posted in International
Posted July 14, 2011

CHAM, Switzerland (BRAIN)—Specialized has expanded its European headquarters in Switzerland adding R & D and engineering staff to work on projects specific to the domestic bike market.

Posted in International
Posted July 5, 2011

GENEVA, Switzerland (BRAIN)—Kona Europe has appointed a UK sales and marketing team as part of parent company Kona Bicycles’ plan to go direct starting July 1.

Posted in International
Posted June 29, 2011

AIGLE, Switzerland (BRAIN)—Cycling’s governing body opened its Swiss headquarters to a small group of trade and consumer journalists this week as it looks to improve its image and build a stronger relationship with the industry.

Posted in International Tagged Competition

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