TAIPEI, Taiwan (BRAIN) — Josh Hon, the founder and team captain of Tern Bicycles, will deliver a talk on "Accelerating the Goal of Sustainable Transportation in Asia" at the Velo-city Global 2016 conference, behind this weekend and early next week in Taipei. Hon's presentation will be next Tuesday.
OGDEN, Utah (BRAIN) — Amer Sports Corp., the owner of Mavic and several other outdoor brands, has bought Utah's Enve Composites for $50 million.
Enve makes carbon rims, wheels and components and has annual sales of about $30 million.
FRIEDRICHSHAFEN, Germany (BRAIN) — Eurobike organizers are planning an expanded second edition of its media event, which takes place June 28-30. As many as 30 bike manufacturers are expected to exhibit and meet with some 200 members of the global press in Kirchberg, Austria.
TREVISO, Italy (BRAIN) — Pinarello announced Thursday that it will not be exhibiting at Eurobike this year, choosing instead to attend smaller regional events and consumer shows.
BUSNAGO, Italy (BRAIN) — Prologo is increasing its sales and marketing coverage with the hiring of Steven Merlini as sales and marketing manager. Merlini brings more than 20 years of experience in the saddle business.
TAIPEI, Taiwan (BRAIN) — The World Federation of the Sporting Goods Industry will hold a public meeting at the Taipei Cycle Show next month, in addition to several industry-only meetings.
BRUSSELS (BRAIN) — The 2018 Velo-City international advocacy summit will be held in Rio de Janeiro, the European Cyclists' Federation, the event's organizer, announced Monday.
STOCKHOLM (BRAIN) — Thule Group notched a 5.1 percent sales increase in 2015 in currency-neutral figures. The Stockholm-based company recorded sales of 5.3 million Swedish Kronas ($623 million) for the year, capped by a 3 percent sales increase in the final quarter.
AIGLE, Switzerland (BRAIN) — The Union Cycliste Internationale said it conducted an unannounced check for bike motos at the La Méditerranéenne stage race on Friday. The UCI said no technological fraud was detected.
OSAKA, Japan (BRAIN) — Shimano's net sales were up nearly 14 percent in 2015, to 378 billion yen ($3.3 billion). Operating income also increased, by nearly 30 percent, to 85.1 billion yen.
PETALUMA, Calif. (BRAIN) — E-Thirteen is now sponsoring American pro downhill racer Aaron Gwin and the YT Mob team, which is title-sponsored by YT Industries, a Germany-based consumer-direct bike brand. The team also includes young Spanish star Angel Suarez.
ROSSANO VENETO, Italy (BRAIN) — The Bigolin family, which owns the Selle Italia saddle brand, now also has an interest in the Selle San Marco brand, the companies announced this week.
HELSINKI (BRAIN) — Mavic's owner, Amer Sports Corp., is reporting net sales of 783.7 milion euros ($870 million) in the fourth quarter of 2015, up 6 percent in local currencies from its sales in the same period in 2014. Gross margins increased to 43.8 percent from 43 percent in the prior year.
LIVINGSTON, Scotland (BRAIN) — David Pritchard has joined the Scottish cycle clothing supplier Endura Ltd as sales director. The company said the new position was created to provide greater experience and support to its global sales team.
TOULOUSE, France (BRAIN) — QBP will be set up for sales and service needs for BOS by early March. Canadian dealers may also purchase BOS suspension products through QBP.
TAIPEI, Taiwan (BRAIN) — Some bicycle brands well-known in the U.S., as well as some lesser known brands, were among those recognized in the most recent Taiwan Excellence Awards. The awards are bestowed by Taiwan's Ministry of Economic Affairs and have been since 1992.
NEVERS, France (BRAIN) — Look Cycle announced Wednesday that it had bought a controlling interest in another French cycling stalwart, the wheel maker Corima.
HEERENVEEN, the Netherlands (BRAIN) — Accell Group says an employee in its Taiwan office may have stolen as much as 4 million euros ($4.4 million) from the company by withdrawing money from the company's bank account.
LEAMINGTON, England (BRAIN) — Hiplok has named Ian Manning head of sales as part of an expansion at the U.K.-based maker of wearable locks.
VANCOUVER, British Columbia (BRAIN) — Urban cycling shoe brand Quoc Pham has begun selling in Canada through Brilliant Health International Distributors Inc.