OSAKA, Japan (BRAIN) — Shimano pocketed an extra $518.7 million last year as sales hit $2.8 billion (333.168 billion yen), with most of the increase coming from the company's cycling division.
LAS VEGAS (BRAIN) — French suspension brand BOS has opened its first international office, in Las Vegas. It will serve as a sales office and service center for the North American market.
HEERENVEEN, the Netherlands (BRAIN) – Accell Group N.V., parent of SBS, Raleigh, Diamondback, Currie and Redline in the U.S. and a slew of European brands, will appoint Jeroen Both to its board of directors as chief supply chain officer. He will be responsible for purchasing, planning and logistics.
ORANGE, Calif. (BRAIN) – Triathlon Business International has finalized plans with TEAMChallenge GmbH to host the second Global Triathlon Business Conference July 9-11 in Roth, Germany, in conjunction with DATEV Challenge Roth.
SINGAPORE (BRAIN) — In another example of the globalization of the cycling industry, a new Singapore clothing brand, which has its products made in Italy, is hoping to build a dealer base in the U.S.
BROOKLYN, N.Y. (BRAIN) — Colossi.us is the new U.S. distributor of framesets from Colossi, a brand owned by former Dutch pro racer Jan Kole. The new distrbutor is owned by David Sommerville and Jed Kornbluh, the founders of the Brooklyn clothing brand Sommerville Sports.
AIGLE, Switzerland (BRAIN) — The Association of North American Professional Road Cyclists has joined the CPA Pro Riders Union, which represents UCI WorldTour and ProContinental racers.
LONGMONT, Colo. (BRAIN) — This year's Clif Bar CrossVegas event will become the first round of the 2015-2016 UCI Cyclo-cross World Cup, and the first 'cross World Cup event in history to be held outside Europe.
BURBANK, Calif. (BRAIN) — Fixie brand Pure Fix Cycles has appointed industry veteran Rob Kozich international sales manager. The hiring follows the opening of Pure Fix’s European corporate office in Rotterdam, the Netherlands, in August 2014.
TAIPEI (BRAIN) — The Taiwan External Trade Development Council (TAITRA) and Taiwan Bicycle Association have selected the nearly 60 winners of its Design and Innovation in cycling contest. A panel of judges narrowed down the winners from 209 submissions hailing from 15 countries.
CARLSBAD, Calif. (BRAIN) — A move to reorganize its labor structure has sparked a protest at Campagnolo’s Vincenza, Italy, factory. But Tom Kattus, Campy’s North American general manager, told BRAIN that the disruption should have no impact on delivery of Campy parts and groups to bike suppliers or distributors.
KOBLENZ, Germany (BRAIN) — Canyon Bicycles has hired Frank Aldorf as global chief brand officer, a new role created to support its growing global consumer base. The German consumer-direct brand said it’s experienced fast-paced expansion, especially in Europe.
CHILLIWACK, British Columbia (BRAIN) — Pinkbike will collaborate with the Enduro World Series on video production for all eight of this season's races.
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.
SAN CARLOS, Calif. (BRAIN) — Ritchey Design has made additions to its marketing staff worldwide.
LAGUNA BEACH, Calif. (BRAIN) — Hwa Fong Rubber, parent of the Duro tire brand, has begun a partnership with mountain biker Hans Rey.
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.
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.