SEYMOUR, Conn. (BRAIN) — Thule Group is reporting a net sales increase of 20 percent in its second quarter, a result helped by favorable currency fluctuations. In currency neutral figures, the Sweden-based company saw a 6.4 percent sales increase in the quarter, which ended June 30.
SAN MATEO, Calif. (BRAIN) — GoPro, Inc. revenue hit $420 million in its second quarter, which ended June 30, a 72 percent increase year over year.
GoPro's founder and CEO, Nicholas Woodman, noted the company's "aggressive pace of innovation."
HERMOSA BEACH, Calif. (BRAIN) — Bliss, a Germany-based protective gear brand, is looking to come to the U.S. market this year with its line of lightweight mountain bike pads.
MADRID (BRAIN) — Chris Tarlton has joined Rotor Bike Components as general marketing manager, overseeing development of the brand's image worldwide.
ROSSANO VENETO, Italy (BRAIN) — Giuseppina Ferronato, who owned the Selle San Marco saddle company with her family, died Saturday.
"Giuseppina will be remembered for her commitment and passion that always distinguished her job in Selle San Marco," the company said in a statement this weekend.
ALMERE, the Netherlands (BRAIN) — Pon Holdings, a Dutch conglomerate that owns several bike brands including Cervélo, Focus and Gazelle, has purchased California-based Santa Cruz Bicycles.
SURSEE, Switzerland (BRAIN) — As part of its distribution overhaul in North America, Swiss mountain bike protection and apparel brand iXS has named Live to Play Sports as its exclusive Canadian distributor effective Aug. 1. U.S.
TREVISO, Italy (BRAIN) — Sidi Sport s.r.l. is has signed Saddleback Ltd. as the exclusive distributor of its cycling products in the United Kingdom and Ireland effective Sept. 1.
GIVISIEZ, Switzerland (BRAIN) — Scott Sports SA has purchased Bergamont Fahrrad Vertrieb GmbH from BMC Group Holding AG, which acquired the German bike brand in 2008. Since that time, Bergamont’s sales have doubled, Scott stated in a release.
DENVER (BRAIN) — Donnelly Sports — a Denver-based company that develops and markets Clement tires, licensing the trademark from Pirelli — is looking to rebuild the historic brand in its original home, Europe.
ZWOLLE, the Netherlands (BRAIN) — Dutch wheel manufacturer Fast Forward Wheels B.V. has named Radial Sports LLC its exclusive distributor for the U.S. market.
NANTES, France (BRAIN) — Some 1,500 delegates from more than 160 countries are gathered in Nantes, France, this week to discuss the future of cycling.
CLARENDON, S.C. (BRAIN) — Kent International is hosting a two-day event in September for bicycle parts manufacturers from Asia. The event will be held at Kent's Bicycle Corporation of America (BCA) factory in Manning, S.C., about 80 miles from Charleston, S.C.
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products, which opened a Taiwan office called Q-Taiwan last year, is now working with its suppliers directly instead of through a trading company there.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike is launching a new turnkey-booth section at this year's show, designed to highlight European brands seeking to enter the U.S. market for the first time.
EU@Interbike will spotlight up to 20 brands in the newly expanded Hall E.
VENTURA, Calif. (BRAIN) — Matisse Worldwide, a Taiwan-based industry consulting company founded by former Dorel executive Brad Hughes, is opening a new U.S. office and has released a list of Asian manufacturers that it will be representing here.
BIEL, Switzerland (BRAIN) — DT Swiss Group AG is restructuring as part of a planned succession. Marco Zingg along with Frank Böckmann and Maurizio D'Alberto bought out United Wireworks and renamed it DT Swiss in 1994, and the three business partners have shared leadership duties.
OGDEN, Utah (BRAIN) — Mavic is running a contest that will award one winner with a chance to ride in a Mavic neutral support vehicle during Stage 11 of the 2015 Tour de France.
SAN FRANCISCO (BRAIN) — The Swedish brand Ass Savers has opened a U.S. office after three years in the European market.
FRIEDRICHSHAFEN, Germany (BRAIN) — Organizers of the Asia Bike trade show are planning a Bike Summit Forum to "to explore the present and future of sport bicycles."
The summit will be held during the show, which is Oct. 9-12 in Nanjing, China. This will be the fifth annual Asia Bike show.