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BERINGEN, Belgium (BRAIN) — Flanders Bike Valley, a cluster of bike companies and other entities formed to encourage the bike industry in this region, is planning to conduct benchmark aero drag testing in its bike-specific wind tunnel this winter.

STOCKHOLM (BRAIN) — Thule Group announced Friday that its net sales were up 6.9 percent in its third quarter, the period from July through September. Adjusted for exchange rate fluctuations, sales rose 8.5 percent, to 1,385 million Swedish Krona ($165 million).

Tagged Earnings/Financial Reports

HELSINKI, Finland (BRAIN) — Sales in Amer Sports' cycling division, which comprises Mavic and Enve, were down 10 percent through the first nine months of the company's fiscal year, and down 8 percent in the third quarter. The company said its bike-related sales were hurt by high OEM and retail inventories.  

Tagged Earnings/Financial Reports

AMSTERDAM (BRAIN) — Beginning Jan.1, NuVinci Cycling, a division of Fallbrook Technologies Inc., will be operating under a new name: enviolo.

The division will be operating more independently from Fallbrook, the company said.

OSAKA, Japan (BRAIN) — Shimano saw a slight increase in sales in its bike division through the first nine months of 2017, up 1.4 percent to 196 billion yen ($1.7 billion) over sales in the same period last year. Operating income in the division decreased nearly 5 percent over the period however.

Tagged Earnings/Financial Reports

FÜRTH, Germany (BRAIN) —Crankbrothers has announced a new exclusive distribution arrangement for the German market with Cosmic Sports GmbH.

Former Specialized tech director will lead BMC's global digital projects.

GRENCHEN, Switzerland (BRAIN) — BMC Switzerland has hired Greg Dolder as its global director of technology. Dolder comes to BMC with extensive experience in both the tech and bicycle industries.

E-bikes are hot topic; dates for TBW in 2018 up in the air.

TAICHUNG, Taiwan (BRAIN) — Taichung Bike Week drew some 470 exhibiting companies at five hotels in the city this week. Although the timing is late for U.S. product managers, Taiwanese vendors see it as their last chance to attract OE spec for the upcoming model year.

Tagged Taichung Bike Week

TAINAN, Taiwan (BRAIN) — Charles Wu, who founded KMC Group in 1977, has passed away at his home in Tainan. He died Sunday at the age of 77 surrounded by his family. A funeral date is pending.

HEERENVEEN, Netherlands (BRAIN) — Accell Group N.V.'s board informed shareholders at a meeting Thursday that it will appoint Ton Anbeek as CEO and chairman of the board of directors, as it previously announced.

PHILADELPHIA (BRAIN) — Fuji Bikes has become the exclusive bicycle sponsor for Steve Arpin and the Loenbro Motorsports Red Bull Global RallyCross team heading into the final race of the season in Los Angles and continuing into the 2018 season.

SAN LUIS OBISPO, Calif. (BRAIN) — Lezyne is entering the OE market with its LED lighting systems, offering the systems to e-bike makers.

Tagged Electric bike

CHICAGO (BRAIN) — SRAM has shifted to dedicated sales channels for its aftermarket and OE businesses and has made several staff changes as a result.

BRUSSELS (BRAIN) — European bicycle manufacturers plan to keep the pressure on Chinese bicycle manufacturers and are now taking aim at what the European Bicycle Manufacturers Association calls a flood of e-bikes jeopardizing European jobs and manufacturing.

Tagged Tariffs

TAIPEI, Taiwan (BRAIN) — Next year's Taipei Cycle d&i Awards will be held at a different time of year to correspond to the Taipei Cycle show's shift from spring to fall. The awards also will feature a new category for the growing interest in the Internet of Things (IoT): "IoT Applications for Cycling."

Tagged Awards / Taipei Cycle Show

WILLIAMSBURG, Va. (BRAIN) — Attorneys involved in a product liability case are seeking to exclude a Taiwanese company, ADK Technology Ltd., which manufactured a carbon fiber fork with an allegedly defective steerer tube.

FRIEDRICHSHAFEN, Germany (BRAIN) — Folding bike brand Dahon says that Brompton has ended a lawsuit that Brompton filed in Germany on the first day of Eurobike this year.

GHENT, Belgium (BRAIN) — The electric vehicle association for Europe is surveying e-bike manufacturers and distributors on their opinion of a proposed test of e-bike power.

Tagged Electric bike

STUTTGART, Germany (BRAIN) — Bosch eBike Systems has agreed to purchase COBI, a connected biking startup that allows cyclists to use their smartphone as an e-bike control and display unit.

Tagged Electric bike / Mergers, Acquisitions & Investments

WILTON, Conn. (BRAIN) — Cycling Sports Group, a division of Dorel Industries has promoted Adriano Nascentes to general manager of Cycling Sports Group Europe. Nascentes was previously the COO for Cycling Sports Group Europe.

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