International
VICENZA, Italy (BRAIN) — Former Crankbrothers CEO Gaspare Licata leads a group of private investors that acquired a majority interest in Extreme Racing Shox (EXT), a manufacturer of bike and motorsports suspension systems.
FRANKFURT (BRAIN) — Phillipp Ferger will replace Stefan Reisinger as head of Eurobike on Jan. 1 as the trade show reorganizes its leadership in the wake of two German trade groups withholding support of the event.
WASHINGTON (BRAIN) — U.S bike imports were down 24% in units and 16% in dollar value through September this year, according to new data released this week.
STOCKHOLM (BRAIN) — MIPS has acquired all shares of body and head impact protection brand Koroyd for 40 million euros ($46.9 million). Based in Monaco and founded in 2010, Koroyd will continue to operate separately under its current leadership team, said Max Strandwitz, MIPS president and CEO.
BOLOGNA, Italy (BRAIN) — Ducati will offer a new range of road, gravel, and e-MTB models in the spring in collaboration with Italian holding company Gruppo Zecchetto and input from three professional Italian cyclists.
TAICHUNG, Taiwan (BRAIN) — Giant Group says it issued refunds on Dec. 1 to all its migrant workers who had paid recruitment fees in the past and it is hoping for a "swift" revocation of the Withhold Release Order that U.S. Customs and Border Protection issued in September.
HANGZHOU, China (BRAIN) — AliExpress says it worked with Specialized and Chinese law enforcement to dismantle two counterfeit manufacturing operations in China, leading to the seizure of $1.5 million worth of fake products, including Specialized Roval frames, handlebars and wheels, and fake Pinarello, Cannondale, Cervélo and Trek products.
BERLIN (BRAIN) — The two German trade groups that announced in October they no longer would support Eurobike are inviting international OEMs and suppliers to participate in one of two online meetings to explain their decision and to answer questions.
AMSTERDAM (BRAIN) — CEO Janus Smalbraak is leaving Pon Holdings after 25 years, the past 15 leading the parent company of Pon.Bike. Smalbraak wrote a LinkedIn post that he will join Amsterdam investment company Parcom as a partner.
WASHINGTON (BRAIN) — U.S. bike imports from China rebounded in July and August, probably in anticipation of increased tariffs that were then threatened to take effect in November.
VICENZA, Italy (BRAIN) — Campagnolo laid off 40% of its workforce after it reported losses of 24 million euros ($27.8 million) over the past three years.
FRANKFURT (BRAIN) — A week after ending an e-mobility show held in conjunction with Eurobike next year following two German trade groups’ objection to holding the events concurrently, Eurobike org
FRANKFURT (BRAIN) — Eurobike organizers say they will not hold a distinct e-mobility event alongside the bike show in 2026.
(BRAIN) — SRAM has expanded distribution and servicing of its brands in Eastern Europe through Aspire Sports.
FRANKFURT (BRAIN) — Eurobike’s organizers say they were taken by surprise when two German trade groups announced Thursday that they were pulling their support for the show.
TOKYO (BRAIN) — Shimano's sales of bicycle products through the first nine months of the year totaled 266,243 million yen ($1.749 billion), up 5% from the same period last year. Bicycle-related operating income in the period was down 27% from the same period last year, to 30,161 million yen.
TAIPEI, Taiwan (BRAIN) — Taiwan's three publicly traded bike factories are reporting their sales were down in September, year-over-year, although Ideal Bike, the smallest of the three, recorded sales closer to flat.
HASTINGS, United Kingdom (BRAIN) — A Dublin-based private-equity firm announced Monday the acquisition of Whyte Bikes Ltd. and that the existing management team will remain.
TAICHUNG, Taiwan (BRAIN) — Giant Group is developing a plan to reimburse current migrant workers at its factories for recruitment fees they paid prior to Jan. 1, 2025, when the company began paying its current workers' recruitment fees.
(VELO) — The Belgian Competition Authority has handed SRAM a win in its dispute with the UCI over a new road-racing rule that would have made some SRAM drivetrains illegal in competition.
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