OSAKA, Japan (BRAIN) — Shimano’s sales climbed to $2.03 billion (199.501 billion yen) over the first nine months of the year, up from $1.86 billon (182.739 billion yen) over the same period last year.
SAUSALITO, CA (BRAIN) — Bar Fly’s line of mounts for cycling devices will now be distributed in Australia through an exclusive agreement with FE Sports.
SANTA FE, NM (BRAIN) — New Mexico distributor BTI is now distributing protective gear from Leatt Corp.
HELSINKI, Finland (BRAIN) — Amer Sports, Mavic’s parent company, posted a 1 percent growth in sales in the third quarter to $841 million (608.9 million euros). But the company said its 5 percent growth target for the full year remains on track.
BOULDER, CO (BRAIN) — Stages Cycling’s power meters will become available in Australia and New Zealand through FE Sports, a Queensland, Australia, distributor. Product should be on retail shelves by November.
MELBOURNE, Australia (BRAIN) — Knog is opening its second European office, this one in Germany and to be managed by David Burger. The Australian accessory brand opened its first European office last year, in France.
LALLIO, Italy (BRAIN) — Italian clothing brand Santini will sponsor and supply the Belkin pro cycling team in a two-year deal that starts in January. The Belkin team is built on the former Rabobank team organization.
ATLANTA, GA (BRAIN) — Vee Rubber has named has named Triton Imports its exclusive U.K. distributor for its Vee Tire Co.-branded BMX tires. Triton also will offer Vee's fat bike tires and tubes.
KESWICK, Ontario (BRAIN) — Canadian retailers are stuck between a rock and a government unwilling—so far—to drop a proposed tariff increase on imported bicycles despite a shutdown of all major bicycle manufacturing in Canada.
OSTERMUNDIGEN, Switzerland (BRAIN) — Two bicycle committees at the World Federation of the Sporting Goods Industry have new chairmen, and the WFSGI's wheel committee is getting a new member to replace a member who left the wheel industry.
TAICHUNG, Taiwan (BRAIN) — Zixtro, a Taiwan-owned bag maker, is seeking $2 million in capital to help finance a new logistics center and position the company to move its cycling bag production out of China and back to Taiwan.
BUENOS AIRES, Argentina (BRAIN) — Urban cycling is showing strong signs of growth throughout this South American country prompting Shimano to once again sponsor Shimano Fest Argentina.
SEYMOUR, CT (BRAIN) — Thule and online video channel Epic TV have launched a video competition called, “Go Epic with Thule."
LOUGHTON, United Kingdom (BRAIN) — ACS has named Triton Imports as its exclusive U.K. distributor. ACS joins other iconic BMX brands carried by Triton, including SE Bikes.
LONDON, United Kingdom (BRAIN) — Future PLC, the media group that owns CyclingNews.com, BikeRadar.com and other titles, has appointed a new CFO to replace Graham Harding, who is stepping down.
AIGLE, Switzerland (BRAIN) — Britain Brian Cookson has been elected president of the international cycling union, UCI, replacing its embattled chief Pat McQuaid.
MUNICH, Germany (BRAIN) — It appears that ISPO, the Munich trade show organizer, is pulling the plug on Bike ISPO and instead is encouraging suppliers to participate in its annual Travel and Leisure expo held in February.
SEYMOUR, CT (BRAIN) — Thule is changing the name of its child-carrier division from Chariot to Thule Chariot and expanding its offerings in a product category the company is calling "Active with Kids."
PADUA, Italy (BRAIN) — Italy’s ExpoBici ended its three-day run here Monday after opening its doors to consumers for the first two days. The final day was trade only.
LAS VEGAS, NV (BRAIN) — Folding bike brand Tern has secured $4.3 million in funding from private investors, which the company will use to accelerate global expansion and to ramp up its product development.