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International

Insert white-belt-after-Labor-Day joke here.

FRIEDRICHSHAFEN, Germany (BRAIN) — At the Eurobike show later this month, Gates Corporation will celebrate ten years supplying its Gates Carbon Drive belt drivetrain to bike makers. Among the new belt drive products that Gates will show at Eurobike is a limited edition white belt. 

MUNICH, Germany (BRAIN) — Alternative 138 GmbH is now assisting Stages Cycling Europe with the brand's European media relations and communication.

Philipp Reiff and Danielle Reiff-Jongerius will be the main points of contact for German-speaking countries and the rest of Europe, respectively.

SCHWEINFURT, Germany (BRAIN) — Susanne Puello, who left Accell's Winora Group — a company her grandfather founded — this spring, plans to launch a new brand in partnership with KTM Industries AG at Eurobike later this month.

Tagged Electric bike

PADUA, Italy (BRAIN) — The Italian saddle brand Astute has announced that Ciclista-America will be its distributor in the U.S. for the 2018 season. The brand has been distributed in the U.S. by MC2 until recently.

Astute said it is "widely expanding" its presence in the U.S. market next year. 

HELSINKI, Finland (BRAIN) — Amer Sports' cycling business, done through its Mavic and Enve brands, was down 12 percent in local currencies in the first half of the year, and down 18 percent in the company's second quarter, the company is reporting.  But Enve sales were up in the half.

Tagged Earnings/Financial Reports

OSAKA, Japan (BRAIN) — Shimano is reporting that its bike-related sales were down 2.7 percent in the company's first half, which ended June 30. Operating income in the segment was down 11.5 percent.

Tagged Earnings/Financial Reports

STOCKHOLM, Sweden (BRAIN) — MIPS, the maker of a system intended to reduce brain injury from rotational impacts, has hired three long-time helmet industry executives.

TAMPA, Fla. (BRAIN) — American Classic has hired Mike Johnston to head up the brand's OEM sales in Europe.

NEW YORK (BRAIN) — Oath — the parent company of media titles including AOL.com, HuffPost, Yahoo Sports and Engadget — will become a major sponsor of the Cannondale-Drapac team in 2018.

OLATHE, Kan. (BRAIN) — Garmin has acquired Alphamantis Technologies Inc., a Montréal company that does aerodynamics testing and develops measurement technology for the cycling industry.

Tagged Mergers & Acquisitions

SANTEE, Calif. (BRAIN) — Sidi Sport has hired a new representative in Denmark for its cycling shoes after terminating it previous distributor over gray market violations.

CHICAGO (BRAIN) — Othon Henry Ochsner II, the president of Ochsner International, died Friday at age 83 after a short illness. Ochsner was well known in the industry for his love of the sport of cycling and of the finer things in life, including food, wine, automobiles, world travel and bicycles.

Tagged People

HEERENVEEN, Netherlands (BRAIN) — Accell Group N.V.'s Supervisory Board intends to appoint Ton Anbeek as the company's next CEO and board chairman.

Tagged People

BEIJING (BRAIN) — Ofo, a Chinese company with plans to rewrite the global rules on bike sharing, got a $700 million cash infusion last week in another round of financing.

MADRID (BRAIN) — Motordealer is a new Spanish distributor for the Full Speed Ahead product line, effective July 1.

BRISBANE, Australia (BRAIN) — FE Sports has appointed Darren Harper as its national sales manager.

MADRID (BRAIN) — Spanish smart trainer brand BKOOL SL has appointed LARM SpA as its exclusive distributor for Italy, effective June 9. 

Bkool manufactures trainers and cycling software that is compatible with other systems such as Tacx, Elite and CycleOps.

MILAN, Italy (BRAIN) — Fulvio Acquati, the managing director of Deda Elementi for the last 18 years, has died after a short illness. 

AIGLE, Switzerland (BRAIN) — Ahead of this weekend's Grand Départ in Düsseldorf, Germany, the International Cycling Union has announced several safety changes, some of which will take effect this year and some next year. 

Tagged Racing & Sponsorship

KOBLENZ, Germany (BRAIN) — Canyon has received the Red Dot: Design Team of the Year 2017 award and its team will be included in the Red Dot Hall of Fame, the organization has announced.

Tagged Awards

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