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Dennis Weijers (left) is welcomed to the Classified team by CEO Mathias Plovier (right)

ANTWERP, Belgium (BRAIN) — Belgian drivetrain startup Classified has hired Dennis Weijers as its Chief Commercial Officer. Weijers was most recently the marketing director for Shimano Europe. 

Prior to Shimano, Weijers held various leadership roles at TomTom.

HEERENVEEN, Netherlands (BRAIN) — Accell Group recently issued a business update to its shareholders and business partners and included an update on its Babboe cargo bike recall over concerns about the structural integrity of its frames.

More product highlights as the organizers announce increases in trade and consumer attendance.

FRANKFURT, Germany (BRAIN) — Organizers of Eurobike, which closed Sunday following its closing weekend consumer festival, said attendance by both consumers and trade visitors was up slightly this year over last. 

Tagged Eurobike
The War on Presta, and more.
Photo: Nicolas Det/Eurobike

FRANKFURT, Germany (BRAIN) — Day 2 (July 4) at Eurobike lacked fireworks, but pretzels, wiener schnitzel and potato salad were an acceptable substitute for hot dogs, apple pie and — potato salad. Here are a few things we turned up.

Tagged Eurobike
Photo: Eurobike/Frank Baumhammel

FRANKFURT, Germany (BRAIN) — The third Eurobike to be held at the Frankfurt Messe opened Wednesday for three days of trade show action followed by a weekend consumer festival.

Tagged Electric bike / Eurobike

(BRAIN) — Following a report by the World Health Organization about rising levels of physical inactivity globally, several industry brands have signed onto to a statement calling for "urgent and coordinated action" to combat the trend. 

(BRAIN) — Warner Bros. Discovery has sold Play Sports Network — the parent of cycling website GCN — back to its founders, Simon Wear and Mia Walter.

Tagged Mergers, Acquisitions & Investments

TREVIGLIO, Italy (BRAIN) — Bianchi officially opened its new factory here Tuesday with a manufacturing capacity of 500 bikes per shift.

Andy Smallwood, left, and Adrian Williams.

STRATFORD-UPON-AVON, United Kingdom (BRAIN) — Pashley Cycles named Andy Smallwood its new CEO, replacing Adrian Williams, who remains chairman of the brand.

Smallwood previously was Ribble Cycles' CEO and before that was Boardman Bikes' managing director.

DT Swiss photo.

OBORNIKI, Poland (BRAIN) — DT Swiss is now assembling all its forks, shocks, dropper posts and remote levers at its DT Swiss Polska Sp. facility in Poland. Previously the assembly was done at the company's facility in Taichung, Taiwan.

TAIPEI, Taiwan (BRAIN) — Giant Manufacturing says bike sales in China continue to be a bright spot, but inventory reductions in Europe and North America continue to dampen overall sales.

Tagged Earnings/Financial Reports

OSAKA, Japan (BRAIN) — Shimano is reporting that its first quarter sales were 100,557 million yen ($650 million), down 20.2% from the same quarter last year. In the company’s bicycle division, sales were down 22.6% to 76,090 million yen. Company-wide, ordinary income was up 0.9% from the first quarter of last year.

Tagged Earnings/Financial Reports

(BRAIN) — Police were reportedly called to Scott Sports headquarters in Switzerland on Wednesday afternoon to respond to what officials said was "a dispute between managers." 

A building in Hualien County, Taiwan, on Wednesday. Photo released by Taiwan Presidential Office.

TAIPEI, Taiwan (BRAIN) — Industry members in Taiwan say Wednesday's 7.4 magnitude earthquake did little more than shake up residents and perhaps knock some products off the shelves.

Beat goes on.

GIVISIEZ, Switzerland (BRAIN) — Industry veteran Beat Zaugg, who has been an owner of Scott Sports since 1998, says he remains the brand's CEO, a minority shareholder and chairman of its parent company board, despite a news release Friday saying that the board had fired him.

GIVISIEZ, Switzerland (BRAIN) — Scott Sports Board of Directors replaced CEO Beat Zaugg "to refresh Scott's development to become a world-class manufacturer in bikes and other outdoor sport categories."

 The Juggernaut FS Step-Thru was among the models stolen.

DELTA, British Columbia (BRAIN) — A 40-foot shipping container with 150 Biktrix e-bikes valued at more than $500,000 — including some 2025 prototypes — was stolen from a warehouse here during the early morning hours of March 19.

SHIREBROOK, England (BRAIN) — The Wiggle and Chain Reaction Cycles e-commerce websites will relaunch in the United Kingdom after Frasers Group acquired them and their house brands, including Nukeproof and Vitus Bikes.

TAICHUNG, Taiwan (BRAIN) — On Wednesday, Giant Group's board approved its full 2023 financial report, which shows consolidated sales of NT$76.95 billion ($2.44), an annual decline of 16.4%.

Tagged Earnings/Financial Reports

OBERWANGEN, Switzerland (BRAIN) — E-bike brand myStromer AG said it achieved "sustainable" growth last year of more than 10%. The privately held company did not release financial details. 

Tagged Electric bike / Earnings/Financial Reports

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