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Burke speaking at Velo-city Global in Taipei on Monday.

TAIPEI, Taiwan (BRAIN) — As he has done before, Trek's president, John Burke, has challenged the bike industry to support advocacy.

Tagged Taipei Cycle Show

TAIPEI, Taiwan (BRAIN) — Tern is celebrating its fifth anniversary at the Taipei Cycle Show this week, with the introduction of a new non-folding bike line, call Roji.

Tagged Taipei Cycle Show

TAIPEI, Taiwan (BRAIN) – Clear blue skies welcomed visitors from all corners of the world and the industry to the 29th Taipei Cycle Show, which opens this week in Taiwan's capital city.

Tagged Awards / Taipei Cycle Show
Global revenues were up 9% last year thanks to e-bikes; profits up 33 percent.

HEERENVEEN, Netherlands (BRAIN) — Accell Group is reporting that its global profits and revenues were up significantly in 2015, largely thanks to e-bike sales in Europe.

Tagged Earnings/Financial Reports

TAIPEI, Taiwan (BRAIN) — Lezyne is hosting some of its international distributors at its Taichung, Taiwan manufacturing facility this week prior to next week's Taipei Cycle Show, where the brand's YEAR 10 line-up will be presented.

BREMBATE, Italy (BRAIN) — Dave Koesel, the former road brand manager for Felt Bicycles, has been hired by 3T as general manager of its new U.S. operations.

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. 

Tagged Taipei Cycle Show

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.

Tagged Mergers, Acquisitions & Investments

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.

Tagged Racing & Sponsorship / Taipei Cycle Show

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.

Thule outdoor bags category continues to grow.

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.

Tagged Earnings/Financial Reports

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.

Tagged Racing & Sponsorship
But the company is forecasting a decline for 2016.

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.

Tagged Earnings/Financial Reports

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.

Tagged Racing & Sponsorship

EUGENE, Ore. (BRAIN) — Rolf Prima has signed a distribution agreement with Hotlines Distribution for the U.K. market.

Tagged Distributor news

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.

Tagged Mergers, Acquisitions & Investments

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.

Tagged Earnings/Financial Reports

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.

Tagged Distributor news

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.

Tagged Awards

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