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ROSSANO VENETO, Italy (BRAIN) — The Bigolin family, which owns the Selle Italia saddle brand, now also has an interest in the Selle San Marco brand, the companies announced this week.

Tagged Mergers, Acquisitions & Investments

HELSINKI (BRAIN) — Mavic's owner, Amer Sports Corp., is reporting net sales of 783.7 milion euros ($870 million) in the fourth quarter of 2015, up 6 percent in local currencies from its sales in the same period in 2014. Gross margins increased to 43.8 percent from 43 percent in the prior year.

Tagged Earnings/Financial Reports

LIVINGSTON, Scotland (BRAIN) — David Pritchard has joined the Scottish cycle clothing supplier Endura Ltd as sales director. The company said the new position was created to provide greater experience and support to its global sales team.

TOULOUSE, France (BRAIN) — QBP will be set up for sales and service needs for BOS by early March. Canadian dealers may also purchase BOS suspension products through QBP.

Tagged Distributor news

TAIPEI, Taiwan (BRAIN) — Some bicycle brands well-known in the U.S., as well as some lesser known brands, were among those recognized in the most recent Taiwan Excellence Awards. The awards are bestowed by Taiwan's Ministry of Economic Affairs and have been since 1992.

Tagged Awards

NEVERS, France (BRAIN) — Look Cycle announced Wednesday that it had bought a controlling interest in another French cycling stalwart, the wheel maker Corima.

Tagged Mergers, Acquisitions & Investments

HEERENVEEN, the Netherlands (BRAIN) — Accell Group says an employee in its Taiwan office may have stolen as much as 4 million euros ($4.4 million) from the company by withdrawing money from the company's bank account.

LEAMINGTON, England (BRAIN) — Hiplok has named Ian Manning head of sales as part of an expansion at the U.K.-based maker of wearable locks.

VANCOUVER, British Columbia (BRAIN) — Urban cycling shoe brand Quoc Pham has begun selling in Canada through Brilliant Health International Distributors Inc.

Tagged Distributor news

WILRIJIK, Belgium (BRAIN) — Sapim has just moved its headquarters to a new location.

AURORA, Ontario (BRAIN) — Canadian e-bike electric propulsion system manufacturer BionX International has named Casey Anderson as its new sales manager for North America and emerging markets.

ADELAIDE, Australia (BRAIN) — The new Canyon/SRAM Racing women's team is holding "tryouts" for a new team member via the Zwift online cycling application. 

Starting in March, female amateur riders will be invited to try­out for a professional contract by riding Zwift in a winner­-take-s­all talent contes.

Tagged Racing & Sponsorship

CANBERRA, Australia (BRAIN) — Australia-based Today's Plan is expanding into the U.S. and Canada with its customized training plans and analytics that it offers for specific bike events.

Tagged Racing & Sponsorship

TUCSON, Ariz. (BRAIN) — TriSports.com, a multi-sport retailer, is supporting World Bicycle Relief with a donation that will purchase five WBR Buffalo Bicycles to be used in Africa.

HELSINKI (BRAIN) — Amer Sports Corporation announced Tuesday that president and CEO Heikki Takala is assuming direct responsibility for the company's apparel business unit and its Arc'teryx brand.

BIEL, Switzerland (BRAIN) — As announced last year, DT Swiss is changing its ownership structure as longstanding CEO and chairman Marco Zingg has sold his shares to his two business partners.

LAGUNA BEACH, Calif. (BRAIN) — Crankbrothers has a new distributor within Australia: Lusty Industries Pty Ltd. 

Tagged Distributor news

WILTON, Conn. (BRAIN) — Team Cycling Academy, Israel's first international pro cycling team, has announced that Cannondale will be its official bike sponsor for 2016.

Tagged Racing & Sponsorship

DURANGO, Colo. (BRAIN) — Cycling media veteran Mark Gouge is joining Australia-based CyclingTips.com as its North American sales director. 

Stages' second generation housing.

BOULDER, Colo. (BRAIN) — Stages Cycling will continue to supply power meters to the defending Tour de France champions, Team Sky, in 2016. It will be the third year that Stages has supplied the team. 

Tagged Racing & Sponsorship

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