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International

TAIPEI, Taiwan (BRAIN) — Lazer Sport has appointed Jo McAleer as sales director for Lazer Sport NV. She started March 15 and will represent Lazer at next week's Taipei Cycle Show, along with Sean van Waes, Lazer Sport NV's CEO.

ST. PAUL, Minn. (BRAIN) — Park Tool's 2017 team sponsorships include three World Tour teams, four Continental Pro teams, six women's pro road teams and a variety of other mountain bike, multisport, and cyclocross teams and athletes.

Tagged Racing & Sponsorship

OBERWANGEN, Switzerland (BRAIN) — A Swiss investor group has made a substantial investment in Stromer, completing the e-bike maker's separation from owner BMC.

HEERENVEEN, Netherlands (BRAIN) — On the strength of e-bike sales in Europe — especially in Germany — Accell Group's sales last year were up 6 percent, breaking the one billion-euro barrier for the first time in company history.

Tagged Earnings/Financial Reports / Electric bike

RAYONG, Thailand (BRAIN) — Vittoria's manufacturing company, Lion Tyres Thailand, has opened a bicycle tire and wheel test center at its rubber compound factory and R&D complex at Rayong Industrial Estate in Thailand.

ZWOLLE, Netherlands (BRAIN) — The Italian distributor Larm is now carrying FFWD's product line. 

GIRONA, Spain (BRAIN) — Organizers of the Sea Otter Europe Costa Brava-Girona Bike Show said they have more than 200 brands confirmed for the festival's Expo area.

Tagged Sea Otter Classic

TAICHUNG, Taiwan (BRAIN) — FSA has hired Mark Vandermolen at its headquarters in Taiwan to work in Asia product strategy and planning as well as marketing and sales for the region.

Tagged People

BUCHAREST, Romania (BRAIN) — GoPro Inc. has opened a new office in Bucharest, Romania, that will focus on software engineering, including development of the company's web and e-commerce platforms.

UPDATED: WFSGI says its unlikely recent incident was caused by a disc rotor.

ESTAVAYER-le-LAC, Switzerland (BRAIN) — The Professional Cyclists Association is threatening to take legal action against the UCI for resuming a disc brake trial in the pro peloton.

Tagged Racing & Sponsorship

The Netherlands and Switzerland (BRAIN) — The World Federation for the Sporting Goods Industry and Bike Europe are planning a conference for June 7-8 in Porto, Portugal, that will focus on consumer centricity and increasing speed to market for the bike and e-bike industries.

Tagged Events / Tradeshows and conferences

PRZASNYSZ, Poland (BRAIN) —Kross S.A., the largest Polish bike manufacturer, has purchased Multicycle, a Dutch e-bike brand that declared bankruptcy last year.

Tagged Electric bike / Mergers & Acquisitions
The Scottish mountain biker will now endorse Lezyne's GPS units.

SAN LUIS OBISPO, Calif. (BRAIN) — Lezyne has extended its sponsorship of Danny MacAskill, which began in 2012. 

ANAHEIM, Calif. (BRAIN) — Box Components Box Components and the UCI have reached an agreement by which Box has been named an Official Supplier of the UCI BMX World Championships and UCI BMX Supercross World Cup for the 2016, 2017 and 2018 seasons.

Tagged Racing & Sponsorship
The trade show is seeking to increase trust and communication between the industry and bloggers.

FRIEDRICHSHAFEN, Germany (BRAIN) — The owners of the Eurobike trade show are forming a platform, or club, of bike bloggers. The Wrider's Club is intended to provide a central home for bike blogs and to increase the communication and trust between bloggers and the industry.

Tagged Media/Publishing / Eurobike
SRAM's I-Motion 3 disc brake hub.

CHICAGO (BRAIN) — SRAM is stopping production of its internal gear hubs and related parts due to declining sales, the company told customers this week. SRAM will accept orders for the parts until March 3 but will review each order to see if it can be fulfilled with available inventory and production capacity.

Company announces impairment charges for Pearl Izumi USA. Forecasts less than percent growth in bike-related business in 2017.

OSAKA, Japan (BRAIN) — Shimano's worldwide bicycle-related sales slumped 17.4 percent in the company's fiscal 2016 to 259,455 million yen ($2.27 billion), while operating income in that segment declined 27.5 percent, the company announced Tuesday.

Tagged Earnings/Financial Reports

HEERENVEEN, Netherlands (BRAIN) – Accell Group N.V. said longtime chief executive officer and chairman of the board of directors, René Takens, will step down April 25 at the general meeting of shareholders. The decision was taken my “mutual consent,” according to a press release issued by the company.

Tagged People

HONOLULU (BRAIN) — TEAM Unlimited LLC, the owner and producer of the XTERRA World Tour, has appointed Suunto as the official GPS sports watch of XTERRA in the United States and a marquee patron of the XTERRA Pan America Tour.

Tagged Racing & Sponsorship

TORONTO (BRAIN) — Cervélo Cycles appointed Robert de Jonge as its managing director effective Feb. 1. The company also announced that Jesse Porter had joined the company on Jan. 1 as global sales director.

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