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BRUSSELS (BRAIN) — A board of directors was recently elected for the CONEBI, the Confederation of the European Bicycle Industry, a new group that formed last fall following the merger of the Association of the European Two-Wheeler Parts' and Accessories' Industry (COLIPED) and the Association of the European Bicycle Industry (COLIBI).

MILAN (BRAIN) — Luxottica SpA reported Monday that 2014 sales rose 5.3 percent to 7.7 billion euros ($8.9B) as strong performance in North American buoyed the eyewear giant’s bottom line.

Tagged Earnings/Financial Reports

SAN CARLOS, Calif. (BRAIN) — Ritchey Design has made additions to its marketing staff worldwide.

Tagged People

LAGUNA BEACH, Calif. (BRAIN) — Hwa Fong Rubber, parent of the Duro tire brand, has begun a partnership with mountain biker Hans Rey. 

According to the tire brand, Rey will bring his knowledge and expertise to both the R&D and marketing departments at Duro and assist in developing the brand worldwide.

LONG BEACH, Calif. (BRAIN) — Matthew Pfeffer, a long-time bike industry testing engineer and vice president of global operations at ACT Lab, died Thursday. He was 50.

Pfeffer died from complications stemming from an acute case of influenza.

Tagged People

SCHAFFHAUSEN, Switzerland (BRAIN) — Garmin Ltd. has acquired iKubu (Pty) Ltd., a South African company that has developed a rear-facing radar system for bicyclists. iKubu introduced its Backtracker device at the Eurobike show last summer.

Tagged Mergers & Acquisitions

TAIPEI, Taiwan (BRAIN) — Folding bike brand Tern has added distributors in Japan, Greece and Turkey, expanding its distribution to 65 countries worldwide.  

Tern has joined with longstanding Japanese distributor Akibo, which also imports Colnago and Fuji and handles exports for Shimano. 

Tagged Distributor news

MONTREAL (BRAIN) — Dorel Industries is opening an office in Chile, the Canadian company announced Wednesday. Dorel Sports Chile S.A. will be based in Santiago de Chile and will lead all sales, marketing, distribution and customer service of Dorel Sport's brands, including Cannondale, GT, Schwinn, Mongoose, Sugoi and Caloi, in Chile and Peru.

CHICAGO (BRAIN) — SRAM is reuniting with the French UCI WorldTour team AG2R La Mondiale. The team will use SRAM components, Zipp wheels and Quarq power meters.

Tagged Racing & Sponsorship

SANTA CRUZ, Calif. (BRAIN) — Santa Cruz Bicycles has named Lusty Industries as its exclusive Australian distributor.

As of Jan. 1, Lusty Industries will handle distribution for Santa Cruz and Juliana bicycles, components and soft goods in Australia.

Tagged Distributor news

MONTREAL (BRAIN) — Dorel Industries Inc. is acquiring the remaining 30 percent interest in Companhia Dorel Brasil Produtos Infantis (Dorel Juvenile Brazil), which will become a wholly owned subsidiary of Dorel.

Speedsleev's Large Carbon Seatsleev.

LANCASTER, Pa. (BRAIN) — Speedsleev Products, the maker of lightweight saddle packs and other products, has expanded its distribution for 2015. 

Tagged Distributor news

SANTA CRUZ, Calif. (BRAIN) — Praxis Cycles is continuing to grow, with a successful launch of its hollow-forged Zayante road crank, which is being spec'd on more than 10 models of Specialized 2015 model bikes. Demand for the brand's chainrings and conversion bottom brackets also continues, the company said.

Tagged Distributor news

MEXICO CITY (BRAIN) — Mexican officials have put numerous U.S. bike suppliers on notice that the Mexican government will be placing children's bikes imported from China under increasing scrutiny as it continues an anti-dumping investigation.

BOULDER, Colo. (BRAIN) — Stages Cycling's power meters will be available in Japan through InterMax in 2015.

Tagged Distributor news

WILTON, Conn. (BRAIN) — Cycling Sports Group said Wednesday that it will end its collaboration with the German design company Denk Engineering GmbH. Soon after, Specialized announced that it would begin working with Denk.

AMSTERDAM (BRAIN) — Reed Business BV, owner of Bike Europe, plans to sell off the European trade magazine along with 16 other business-to-business magazines and brands to Dutch publishing house B+B Vakmedianet.

Tagged Mergers & Acquisitions / Media/Publishing

NEWBURY PARK, Calif. (BRAIN) — Liv has announced two additions to its global team. Amy Stanfield has been hired as Liv global senior marketing manager, while Janette Sherman has been promoted to global communications manager.

Tagged People

WOBURN, United Kingdom (BRAIN) — U.K. brand AbsoluteBlack has announced that Bicycle Technologies International will distribute its chainrings, hubs and other components in the U.S. starting in January 2015.

Tagged Distributor news

STOCKHOLM (BRAIN) —  POC has been awarded a prestigious Swedish design award for AVIP, the concept behind the brand's road cycling gear, introduced in 2013. The Design S award has been presented every second year since 2006; this year's winners were announced Nov.

Tagged Awards


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