FRIEDRICHSHAFEN, Germany (BRAIN) — Despite bad weather that dragged down bike sales this spring, industry leaders speaking on a panel Tuesday at Eurobike are optimistic about the spark electric bikes and new technologies will continue to provide the German market.
FRIEDRICHSHAFEN, Germany (BRAIN) — A wet and cold spring and summer dampened bike sales and inflated supplier inventories in Europe and globally, leading to rampant discounting.
FRIEDRICHSHAFEN, Germany (BRAIN) — Skopre S.r.l. is now the exclusive European importer and licensee of iBike Newton's power meter products.
BOULDER, CO (BRAIN) — Stages Cycling has appointed Saddleback Ltd. its exclusive United Kingdom distributor of its Stages power meter products. Saddleback will become the first international distributor for Stages.
MONTREAL, Quebec (BRAIN) — Dorel Industries bought a 70 percent interest in Caloi, a major Brazilian manufacturer of bicycles and equipment and one of the largest bike brands in Latin America, the company announced Thursday.
TAIPEI, TAIWAN (BRAIN) — Outdoor Gear Canada has been named Tern's exclusive distributor in Canada, Tern announced Wednesday.
BOULDER, CO (BRAIN) — Carbon wheel maker Mad Fiber is planning to set up wheel production in Taiwan to serve the OEM market. The company has laid off seven employees at its Seattle, Washington, facility, but is continuing to manufacture wheels there for aftermarket sales, spokesman Jasen Thorpe said.
FRIEDRICHSHAFEN, Germany (BRAIN) — Sixty-one products have earned a Eurobike award this year. The winners will be unveiled on the first day of the upcoming trade show Aug. 28-31. Ten products will receive a “gold” award.
DUARTE, CA (BRAIN) — Dr. David T. Hon, the CEO and founder of Dahon, has been nominated for the University of California, Berkeley Excellence in Achievement Award for “his contributions in high-power lasers as well as his role in revolutionizing the modern-day folding bicycle.”
RICHMOND, Victoria, Australia (BRAIN) — Accessory brand Knog said it has won an intellectual property fight in Australia against a Chinese factory. The litigation involved Knog's Australian patent on a silicone-strap LED headlight.
SYDNEY, Australia (BRAIN) — WD-40's Australian division has launched its bike products in the country, including its lubes, degreasor, foaming bike wash and frame polish and protectant.
PETALUMA, CA (BRAIN) — CamelBak has selected Sea to Summit as the exclusive distributor of its hydration packs and reusable BPA-free water bottles in China. Sea to Summit will take over distribution after Nov. 1 from Beijin Snowpeak Trade and Technology Co. Ltd.
AMES, IA (BRAIN) — A shipment of KHE tires bound for the U.S. went down with the container ship MOL Comfort, which sunk 200 miles off the coast of Yemen after breaking in half in a storm in June.
SCOTTS VALLEY, CA (BRAIN) — After more than 20 years of licensing its brand name to an Italian company for use outside of North America, Bell Helmets has reacquired the worldwide rights to its brand in the powersports market.
PHILADELPHIA, PA (BRAIN) — Advanced Sports International will shift production of bikes destined for the EU to Ideal’s China and Poland factories to achieve more competitive pricing, reduce logistics and shorten lead times.
WATERLOO, WI (BRAIN) — Trek Bicycle and World Bicycle Relief raised $90,000 through its July "Trek Match" program. Trek will match the donation to WBR, which will be used to provide about 1,500 bikes to students, healthcare workers and entrepreneurs in Africa.
OSAKA, Japan (BRAIN) — Shimano’s overall sales through June were $1.4 billion (133.1 billion yen), up from $1.3 billion (123.6 billion yen) over the first six months last year.
TAIPEI, TAIWAN (BRAIN) — Organizers of next year’s Taipei Cycle Show are calling out now for entries in its annual design and innovation contest—one of the premier events at the international expo.
MILAN, Italy (BRAIN)—Luxottica Group reported for a second straight quarter that strong performance in its wholesale division, which includes Southern California-based Oakley, helped propel improved sales for the Italian eyewear company.