International
Malmö, SWEDEN ( BRAIN) — Swedish hydration pack and accessory maker USWE is reporting first-half sales of SEK62.8 million ($6.4 million), down 11% from the first half last year.
USWE's currency-adjusted organic growth for the period was -4%, compared to 24% growth in the period last year.
OSAKA, Japan (BRAIN) — Shimano’s bicycle component sales increased 4.6% to ¥278.4 billion ($1.76 billion) in the first nine months of the company’s fiscal years, and operating income in the division increased 10.9% over the period.
TAIPEI, Taiwan (BRAIN) — Giant Manufacturing saw a 3% year-over-increase in operating revenue in September, while the companies year-to-date revenues after completing three quarters was down 5% due to a dismal start of the year.
TAICHUNG, Taiwan (BRAIN) — Taichung Bike Week is not a typical trade show. There is virtually no media, there are no consumers. No YouTubers, no influencers, nobody livestreaming next year's hottest bike fashions.
TAIPEI, Taiwan (BRAIN) — Taiwan’s three publicly traded bike manufacturers had wildly varying August results, according to Operating Revenue Reports filed with the Taipei stock exchange on Thursday.
STOCKHOLM, Sweden (BRAIN) — Sweden-based holding company Röko AB has acquired Italy's CyTech S.r.l., the parent of the Elastic Interface cycling short pad ingredient brand.
VICENZA, Italy (BRAIN) — Campagnolo has announced that SPAC SA has made a "strategic minority investment" in the company, with the Campagnolo family retaining control and majority ownership of the company.
SHENZHEN, China (BRAIN) — Dahon reported first-half revenue increased 53.7% year-over-year in the first full year of the folding bike brand's listing of shares on the Hong Kong Stock Exchange.
TAIPEI, Taiwan (BRAIN) — Two more of Taiwan's publicly traded bike manufacturers are reporting some mixed financial news, following Giant Group's announcement that its profits jumped in the second quart
AMSTERDAM (BRAIN) — Dutch news sites are reporting that the Amsterdam district court has declared Accell Group bankrupt.
TAICHUNG, Taiwan (BRAIN) — Giant Group is reporting a strong second quarter, with improved revenues and profits compared to the same period last year.
HEERENVEEN, Netherlands (BRAIN) — Nearly six months after securing new investors with the goal of restructuring and reducing debt, Accell Group announced Wednesday that it has started insolvency proceedings.
WASHINGTON (BRAIN) — The number and value of non-electric bikes imported in the first half of 2026 increased slightly over the same period last year, new figures show. And the imported bikes’ country of origin shifted again as the industry hustles to respond to tariff changes amidst queasy market conditions.
WASHINGTON (BRAIN) — More than 10 months after Customs and Border Protection blocked U.S. imports from Giant Group’s Taiwan factory over alleged forced labor violations, there is little sign of resolution, despite the company’s reforms. Legal experts say it could be many more months before a resolution.
TAIPEI (BRAIN) — Merida Industry's president and Chief Information Security Officer resigned in July.
TOKYO (BRAIN) — Shimano says soaring raw material costs due the Middle East war may force it to slightly raise prices on bicycle components next month.
MONTEREY, Calif. (BRAIN) — Wilier, the 120-year-old Italian bike brand, announced its new plan for the U.S. market.
MONTEREY, Calif. (BRAIN) — SwissStop, which built its reputation providing special rim brake pads for carbon rims, is taking a fresh approach to the U.S. market as Canada-based distributor Helvetia Sports Ltd. takes over from previous distributors.
TAICHUNG, Taiwan (BRAIN) — Giant Group’s operating revenue in June was nearly 16% higher than in the same month last year, according to a statement the company filed with the Taipei stock exchange on Thursday.
SHEFFIELD, U.K. (BRAIN) — Decathlon Pulse, the investment unit of the French sporting goods retailer Decathlon, and BA Capital, a Shanghai, China-based venture capital firm, have each acquired shares in Brompton, the UK folding bike brand.
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