International
LUGANO, Switzerland (BRAIN) — Assos of Switzerland has reached a three-year agreement to sponsor and supply the BMC Racing Team, as well as BMC Development Team and the BMC MTB Racing Team, for all training and racing apparel needs.
GIVISIEZ, Switzerland (BRAIN) — Scott Sports is becoming one of a handful of bike brands with its name as part of a World Tour team title.
MONTECCHIO MAGGIORE, Italy (BRAIN) — Giordana Cycling Apparel has signed the ORICA-BikeExchange team to a multi-year agreement to wear Giordana technical apparel. The team will use Giordana clothing for all racing and training activities beginning in January. Giordana will also supply their women's team.
BOULDER, Colo. (BRAIN) — International negotiations to reduce tariffs on products that help the environment — including bikes and components — have stalled.
GREENWICH, Conn. (BRAIN) — Italy's Pinarello bike brand has been purchased by L Catterton, a U.S.-based private equity firm. The luxury brand conglomerate LVMH, the owner of Louis Vuitton and other brands, is a part owner of L Catteron. A purchase price was not released.
MT. KISCO, N.Y. (BRAIN) — Eddy Merckx Cycles has appointed Tom Van Cauwenberghe as its new CEO as the brand's parent company and board continue to execute a multi-year plan to make it profitable.
FRIEDRICHSHAFEN, Germany (BRAIN) — Organizers of the Eurobike show have decided the 2018 event — which will its first in the new time frame of early July — will be a three-day event, with no consumer day.
The 2018 event will be Sunday, July 8, through Tuesday, July 10.
SANTA CRUZ, Calif. (BRAIN) — Praxis Works has appointed Antoine Berte to the newly created position of European sales and marketing director. The company said the creation of the position was in response to increasing global demand for Praxis' line of cranksets, chainrings, wheels and bottom brackets.
MONTREAL (BRAIN) — Argon 18 has opened its first international office, which comes as the Canadian bike brand begins sponsoring and supplying the Astana Pro Team, the first World Tour team that the company has supplied. The new office is Busnago, Italy.
LONDON (BRAIN) — The Mail on Sunday is reporting that the British cyclewear brand Rapha is in discussions about a possible purchase by the luxury goods company LVMH, the owner of Louis Vuitton and other brands.
NEWCASTLE, Australia (BRAIN) — Crankbrothers is now distributed exclusively by Lusty Industries Pty Ltd in Australia. Lusty has been the brand's non-exclusive distributor since January, along with Bikesportz Imports.
LONG BEACH, Calif. (BRAIN) — Zwift, the maker of an online cycling platform, has raised an additional $27 million in venture capital funding, according to CrunchBase.com.
MADISON, Wis. (BRAIN) — Saris Cycling Group, the parent company for Saris Racks, CycleOps, and PowerTap, has announced new distributors for its brands in Australia.
HEERENVEEN, Netherlands (BRAIN) — Sales of performance e-bikes continue to drive sales increases for Accell Group, the parent company of Raleigh, Diamondback, Haibike and other bike brands.
TAICHUNG, Taiwan (BRAIN) — The global slump in bicycle sales, especially in the U.S. and China, has taken a toll on Giant's first three quarters of 2016 with overall revenue down 6.5 percent.
GIRONA, Spain (BRAIN) — Early exhibitor registration is now open for the first Sea Otter Europe in Girona, which is planned for June 2-4 next year.
CAPE TOWN, South Africa (BRAIN) — Protective gear maker Leatt Corporation is seeing strong growth in the U.S. market this year, with sales up 33 percent in the third quarter and 19 percent for the year to date.
KETCHUM, Idaho (BRAIN) — Pro cyclist Rebecca Rusch will lead a bike tour along the Ho Chi Minh Trail in Laos next week, to raise awareness about unexploded ordnance that remain from the Vietnam War and raise funds for the safe removal of ordnance from war zones.
TAICHUNG, Taiwan (BRAIN) — Jerry Huang, who retired from Jagwire after 25 years with the cable-housing manufacturer, has launched his own line of products under the Ciclovation brand.
RICHMOND, Australia (BRAIN) — The Australian accessory brand Knog, which had a successful Kickstarter campaign for its Oi bike bell, ended its campaign for a new backup battery after pledge momentum stalled.
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