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International

TREVISO, Italy (BRAIN) — The Sidi Company is warning consumers to beware of websites masquerading as "official Sidi websites."

Tagged Web/Internet

WILTON, Conn. (BRAIN) — Cycling Sports Group has signed Aspire Sports to take over distribution of Cannondale, GT Bicycles, Fabric and Mongoose products for the 2019 model year, ending CSG's distribution through Mali Bicycle Technology.

Tagged Distributor news

TRYSIL, Norway (BRAIN) — Swix Sport Group has changed its name to BRAV. Ferd, which bought Swix in 1978, remains the group's parent. The new name will not be consumer-facing, but will serve internally to unite the company's several brands, officials said.

SUN VALLEY, Idaho (BRAIN) — Club Ride Apparel will be distributed in Australia by Vivelo ltd., a distributor based in Queensland.

The clothing brand said Vivelo will carry a large seasonally relevant assortment of Club Ride products beginning next month.

Tagged Distributor news

TREVIGLIO, Italy (BRAIN) — Bianchi owner Salvatore Grimaldi and current CEO Bob Ippolito have announced that Fabrizio Scalzotto will take over as CEO on Sept. 3. Scalzotto will report to Ippolito who will continue to manage the overall Global Bianchi company in the new position of executive chairman.

Tagged People

BOULDER, Colo. (BRAIN) — The United Nations has designated Sunday, June 3 as the inaugural World Bicycle Day. Events are being planned around the world, including a gathering of international leaders at United Nations headquarters in New York City.

TAIPEI, Taiwan (BRAIN) — Taiwanese bicycle exports for the first four months of the year offer a mixed picture on the state of the industry — while e-bike exports posted healthy growth, exports of conventional bicycles continued to decline.

GRENCHEN, Switzerland (BRAIN) — BMC Switzerland has announced a collaboration with Red Bull Advanced Technologies, the company that has developed technology used by the Aston Martin Red Bull Racing Formula One program. The company also has developed technology for sail boat racing and air racing. 

WILTON, Conn. (BRAIN) — Cycling Sports Group has promoted Seth Brosnan to director, international sales. Brosnan has been with CSG for seven years in sales roles of increasing responsibility, most recently as the Northeast regional sales manager for Cannondale.

Tagged Distributor news / People
RST's Jasper Feng

TAICHUNG, Taiwan (BRAIN)—Jasper Feng held up RST's new electronic dropper post and told more than a dozen editors that it would retail for $999. Several quickly asked Feng to repeat the price just to be certain they had heard him correctly.

Tagged Taipei Cycle Show

TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing's first-quarter earnings report offers a look at how the e-bike market is changing the look of the bicycle industry.

Premium e-bike sales drove Giant's growth in the first quarter, accounting for more than 30 percent of its quarterly revenue.

Tagged Earnings/Financial Reports

FRIEDRICHSHAFEN, Germany (BRAIN) — Organizers of the Eurobike trade show — which moves to new dates in early July this year — said the show is sold out of exhibit space. The list of exhibitors includes about 100 brands that are either new to the show or who are returning after an absence.

Tagged Eurobike

COTATI, Calif. (BRAIN) — Yuba Bikes is expanding its distribution throughout France and Europe with the establishment of a new distribution center, Cargo Bike Distribution SAS, located near Annecy, France.

Photo credit: Guy Yechieli

TEL AVIV, Israel (BRAIN) — The city of Tel Aviv has unveiled Israel's newest velodrome, said to be the most advanced indoor bike racing arena in the Middle East. The velodrome's unveiling was Tuesday, a few days before the start of the Giro d'Italia in Israel on Saturday.

Tagged Racing & Sponsorship

NEWBURY PARK, Calif. (BRAIN) — Giant is holding several virtual rides to honor founder King Liu May 4-6. The company has been holding an annual ride led by Liu, now 84, in Taiwan for 10 years. This year, riders from all corners of the world can join in on Zwift.

HELSINKI (BRAIN) — Amer Sports is increasing its presence in the softgoods market, which has been one of its best performing segments in recent years, with the purchase of Peak Performance.

Tagged Mergers & Acquisitions

MALLABIA, Spain (BRAIN) — Orbea, an employee-owned co-op organization, announced this week that its first quarter sales were up 26 percent, to 28 million euros ($34.1 million). 

Tagged Earnings/Financial Reports
Mavic introduced an expanded Allroad wheel and apparel line this spring.

HELSINKI (BRAIN) — Sales in Amer Sports' cycling division, comprising the Mavic and Enve brands, were down 12 percent in local currencies in the first quarter, to 32.1 million euros ($38.9 million). The company said its cycling sales were "adversely impacted by lower OEM orders."

Tagged Earnings/Financial Reports

OSAKA, Japan (BRAIN) — Shimano said a mild economic expansion in Europe, a buoyant labor market in North America, and a moderate recovery in Japan contributed to a 5.1 percent net sales increase in its bicycle division in the opening quarter of 2018, compared to the same period last year.

Tagged Earnings/Financial Reports
Photo courtesy team BMC.

ZURICH (BRAIN) — Andreas "Andy" Rihs, the owner of the BMC bike company and its pro race team, died Wednesday at age 75, according to the brand. Reports say Rihs was suffering from cancer. 

Tagged People / Racing & Sponsorship

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