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TAICHUNG, Taiwan (BRAIN) — Taiwanese manufacturer JD Group will show a new electric bike motor targeted at North American bike makers at next month's Taichung Bike Week, a major original equipment spec' event.

Tagged Electric bike / Tradeshows and conferences

AIGLE, Switzerland (BRAIN) — The international cycling union UCI on Monday drove the final nail into Lance Armstrong's doping punishment, announcing that it would not appeal the U.S. Anti-Doping Agency's finding that Armstrong doped for much of his professional career.

Tagged Racing & Sponsorship

CHICAGO, IL (BRAIN) — SRAM Inc. on Thursday announced it was ending its relationship with Lance Armstrong, who used the company's components during his comeback to the sport in 2009 and 2010. SRAM also clarified that Armstrong no longer owned any share in the company.

Tagged Racing & Sponsorship

NIENBURG, Germany (BRAIN) — A massive fire ripped through two warehouses at German manufacturer and distributor Hartje on Tuesday evening, destroying thousands of bicycles and bike parts and racking up millions of dollars in damages. 

CLOPPENBURG, Germany (BRAIN) — Pon Holding on Tuesday said it would pay the last shareholders of Derby Cycle 31.56 euros per share to buy out the remaining 5 percent interest in the company.

Tagged Mergers, Acquisitions & Investments

TAIPEI, Taiwan (BRAIN) — Taiwanese manufacturer Velocite Bikes has partnered with electronics giant Acer to demonstrate in real time the airflow benefits of its new aero road frame. 

BETHEL, CT (BRAIN) — Cannondale has dropped one of its non-U.S. distributors that Cannondale said sold some of its bikes to the Costco warehouse chain. 

Tagged Distributor news

SCHWEINFURT, Germany (BRAIN)—Accell Group is poised to enter the U.S. market with its Haibike brand next year, deepening the Dutch company’s commitment to North America.

Babici's Hibrido winter jersey features removable sleeves.

PORTLAND, OR (BRAIN) — Babici, a relatively new high-end road cycling clothing line based in Australia, is coming to shore in the U.S. next season. The brand's exclusive U.S. online retailer will be Competitive Cyclist; the company also will be looking to sell to independent bike dealers.

NUNSPEET, Netherlands (BRAIN) — Effective january 1, Matthias Reinacher will become managing director of Pearl Izumi Europe, the company announced Monday. Reinacher is currently the senior brand manager of the Shimano-owned company.

The Focus Ag2R team bike.

CARLSBAD, CA (BRAIN) — Focus Bicycles is returning to the WorldTour with a three-year agreement to sponsor France's Ag2r-La Mondiale team. The brand will be the technical sponsor of the team, which will ride a new Izalco Team SL model for the 2013 season.

Tagged Racing & Sponsorship

NUNSPEET, Netherlands (BRAIN) — Shimano, which already sponsors the BMC pro road racing team, will expand its relationship with BMC next year and take over sponsorship of its pro mountain biking team, the companies announced Wednesday.

Tagged Racing & Sponsorship

RICHMOND, VICTORIA, Australia (BRAIN) — The Australian accessory brand Knog is opening a European headquarters in Lyon, France, the company announced Wednesday.

The ExpoBici show in Padua, Italy, closed Monday after a four-day run.

Tagged Tradeshows and conferences

MADRID, Spain — Two bike events with contrasting objectives took place this past weekend in Madrid, which caused some exhibitors to make a decision between the two.

Tagged Tradeshows and conferences

SHANGHAI, China (BRAIN)—Brompton opened its first concept store in Shanghai this week, marking the first time handmade British bikes will be available in China.

GOLDEN, CO (BRAIN) — Yeti Cycles has signed a new Italian distributor, Releven SRL, which took over distribution for the U.S. brand on September 1. Releven replaces DSB.

Tagged Distributor news

SCHAFFHAUSEN, Switzerland (BRAIN) —Dr. Min H. Kao, the "Min" in Garmin and the company's chairman and CEO, has established a plan to sell a portion of his shares in the company over a designated period.

Two of Kao's family trusts, of which he is a trustee, also will sell shares.

Tagged Earnings/Financial Reports

FRIEDRICHSHAFEN, Germany (BRAIN)—SRAM plans to break ground in the coming weeks on its second factory in China with a target to have the plant running within 12 to 15 months. The factory is near Kunshan, home to the mainland China factories for Taiwan’s two biggest frame manufacturers, Giant and Merida.

FRIEDRICHSHAFEN, Germany (BRAIN) — The team of 2012 Tour de France winner Bradley Wiggins will race in Rapha clothing next year, the team and clothing supplier announced Thursday.

As part of a four-year agreement, Rapha will also supply Team Sky with off-the-bike clothing, the company said.

Tagged Racing & Sponsorship / Eurobike


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