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ROSSANO VENETO, Italy (BRAIN) — Thieves stole 6,000 saddles — worth about 1 million euros ($1.4 million) — from the Selle San Marco warehouse here on Friday night, the company said.

The saddles were stored in more than 300 boxes that were ready to be shipped.

IRVINE, CA (BRAIN) — Felt Bicycles announces this week it will not renew its sponsorship of the Team Argos-Shimano pro team for the 2014 season.

OKLAHOMA CITY, OK (BRAIN) — Vittoria Industries North America says it has reduced online listings of counterfeit 3T products by 95 percent in the last six months.

TAICHUNG, Taiwan (BRAIN) — Organizers of Taichung Bike Week have set dates for the event in 2014—Nov. 4-7. Formosa 900, an opportunity for the industry to cycle around the island, begins Nov. 8.

Tagged Taichung Bike Week

MARINA, CA (BRAIN) — Sidi America, the Italian shoe brand's subsidiary and sales agent since 2009, is shutting down as Sidi’s motorsports distributor, Motonation, takes over sales and distribution of cycling products.

Tagged Distributor news
TORONTO, Ontario (BRAIN) — The new bike brand KindHuman is launching a youth scholarship program that the company said will sponsor deserving youth cyclists with equipment support.

LONDON, UK (BRAIN) — Future Publishing, parent of,, CyclingPlus magazine and other cycling titles, is reporting that its normalized revenues increased 3 percent in its recently concluded fiscal year.

Tagged Media/Publishing / Earnings/Financial Reports

FRIEDRICHSHAFEN, Germany (BRAIN) — The European trade show Eurobike will hold its bike demo on the Messe Friedrichshafen grounds next year, instead of a few miles away in Argenbühl, Germany. 

Tagged Eurobike

ORANGE COUNTY, CA — Highway Two will become the exclusive distributor of Kask cycling helmets in the U.S. and Canada in January. Highway Two will serve North American retailers through its network of 11 inside and 40 outside sales reps and territory managers, the company said in a press release. 

HEERENVEEN, Netherlands (BRAIN) — Accell Group expects revenue for full-year 2013 to be up compared with 2012 despite lower preseason sales and rampant product discounting at the end of the season. 

Tagged Earnings/Financial Reports
For the first time, every UCI commission has at least one woman member.

COLORADO SPRINGS, CO (BRAIN) — Seven Americans have been appointed to nine positions on commission at the international cycling union, UCI.

Tagged Racing & Sponsorship

PAAL-BERINGEN, Belgium (BRAIN) — Ridley co-owner and CEO Jochim Aerts and an investment group have bought out the Kumpen family's share of the Belgium bike brand.

Tagged Mergers & Acquisitions

NEW YORK, NY (BRAIN) — Sotheby's New York will auction a limited edition Cinelli Laser prototype this month, with proceeds from the Nov. 23 sale to benefit The Global Fund to fight AIDS, Tuberculosis and Malaria.

TAICHUNG, Taiwan (BRAIN)--The Taiwan External Trade Development Council (TAITRA) has announced that the Taiwan Cycle Show will be held concurrently with three existing sporting goods shows for its 27th annual international show in March.

Tagged Tradeshows and conferences / Taipei Cycle Show

CHICAGO, IL (BRAIN) — German manufacturer Abus is known to U.S. and Canadian retailers for its heavy duty locks. But the company sells much more than bike security in its home market and across Europe, and is now bringing helmets to North America. 

TAICHUNG, Taiwan (BRAIN) — Too much success poses as many issues as too little, and that’s what now confronts organizers of Taichung Bike Week. Has it become too big? And is it attracting the right vendors?

Tagged Taichung Bike Week

SCOTTS VALLEY, CA (BRAIN) — Fox has completed the acquisition of its German distributor and service center, Toxoholics GmbH, for $2.3 million, the company told investors on an earnings call Wednesday. 

Tagged Mergers & Acquisitions / Distributor news
The SQlab Super 6

OAKLAND, CA (BRAIN) — German saddle brand SQlab has added three new models and updated existing models for 2014. The brand also will be distributed in the U.S. next year by Hawley and BTI.

Tagged Distributor news

TAICHUNG, Taiwan (BRAIN) — Hearing from dealers that Chain Reaction or Wiggle is offering products below wholesale is not a phone call any supplier wants to field.

Tagged Taichung Bike Week

SAN FRANCISCO, CA (BRAIN) — Timbuk2 has opened a store in Singapore that includes the company's first in-store custom ordering station outside the U.S.


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