You are here

International

Takala at Thursday's presentation.

HELSINKI (BRAIN) — Amer Sports CEO Heikki Takala made clear Thursday that the company is considering selling off both its cycling brands, Mavic and Enve. In the most gentle but firm way, Takala said there might be a better owner out there, somewhere, for the brands, both of which he called "iconic."

HELSINKI (BRAIN) — Amer Sports says its Mavic cycling business is "under review" as Amer updates its strategy and looks to focus its portfolio of brands, which includes Salomon, Arc'teryx, Peak Performance, Atomic, Mavic, Enve, Suunto, Wilson and Precor.

Part of Apache Bicycles' 2018 Eurobike display.

COLORADO SPRINGS, Colo. (BRAIN) — Apache Bicycles, a 17-year-old bike brand based in the Czech Republic, is planning some changes to its marketing, which outraged many on social media in recent weeks.

The company said its tire production capacity will be increased by 40 percent before the spring selling season.

BANGKOK, Thailand (BRAIN) — Vee Rubber Corporation, the parent of Vee Tire Company, is adding staff and expanding capacity at its Thailand factories as U.S. brands look for alternatives to Chinese production.

Tagged Tariffs
Photo courtesy of Gita.

CALDONAZZO, Italy (BRAIN) — An Italian cycling site, cyclinside.it, is reporting that famed framebuilder Dario Pegoretti died Thursday following a heart attack.

TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing says it racked up double-digit sales growth in e-bikes in Europe in the first half this year, contributing to a 7.9 percent increase in revenue. The company brought in NT$29.17 billion ($947 million) in the first half. 

Tagged Electric bike

PAAL-BERINGEN, Belgium (BRAIN) — Belgian Cycling Factory, the parent of Ridley, Eddy Merckx Cycles and the Forza component brand, is distributing those lines direct to consumers in the UK and Ireland, effective Aug. 1. 

Previously the brands were distributed by Sportline. 

Company says its STEPS E8000 e-MTB drive unit has been well received; says March's factory fire cost 1.6 billion yen — almost $20 million.

OSAKA, Japan (BRAIN) — Robust European e-bike sales and an average year for bike sales in North America led to a 6.8 percent sales increase in Shimano's bike division in the first half of 2018, the company said Monday. 

Tagged Earnings/Financial Reports

HELSINKI (BRAIN) — Amer Sports, owner of Enve and Mavic, reported Thursday that sales in its cycling division were down 13 percent in the first half of 2018, to 60 million euros ($70 million). In the second quarter, sales in the division were down 11 percent. 

Tagged Earnings/Financial Reports

HEERENVEEN, Netherlands (BRAIN) — Accell Group announced flat sales for the first half of 2018, with North American sales down sharply over the same period last year due to the loss of Dick's Sporting Goods sales.

Tagged Earnings/Financial Reports
Tariffs range from 22 to 84 percent depending on factory.

BRUSSELS (BRAIN) — The European Commission has imposed provisional anti-dumping duties on e-bikes from China, with tariffs ranging from 21.8 to 83.6 percent, depending on which factory produced the bikes.

Tagged Tariffs

FRIEDRICHSHAFEN, Germany (BRAIN) — Eurobike's organizers have made a quick switch to the show's 2019 dates, moving it back to its originally scheduled timeframe of Sept. 4-7. The show will include a one-day consumer festival.

Tagged Eurobike

HEERENVEEN, Netherlands (BRAIN) — Accell Group announced Friday that it has increased its minority stake in Velosophy to take over 100 percent ownership in the Dutch e-cargo bike company.

Tagged Electric bike / Mergers, Acquisitions & Investments

FRIEDRICHSHAFEN, Germany (BRAIN) — The 17-year-old Czech Republic brand, Apache Bicycles, made its first Eurobike appearance here this year. Apache's branding shocked some visitors from the U.S.

Tagged Eurobike

BERN, Switzerland (BRAIN) — The World Federation of the Sporting Goods Industry has formed a new e-bike committee focused on developing equipment regulations for competition.

Tagged Electric bike / Racing & Sponsorship / Eurobike

GIRONA, Spain (BRAIN) — Organizers of Sea Otter Europe have announced that the third edition of the festival will be held May 31-June 2, 2019 — once again in Girona, Spain.

Tagged Events / Sea Otter Classic

MADISON, Wis. (BRAIN) — Raleigh Bike Parts will be the new exclusive U.K. distributor of Saris Brands, which includes Saris car racks, CycleOps trainers and PowerTap power meters.

Jeff Frehner, Saris' COO, said he was delighted with the partnership.

Tagged Distributor news
Stefan Reisinger, the head of Eurobike and Klaus Wellmann, the CEO of Messe Friedrichshafen

FRIEDRICHSHAFEN, Germany (BRAIN) — Organizers of the the Eurobike show announced Tuesday that next year's show will be July 31-Aug. 3, roughly splitting the difference between the show's traditional dates in late summer and the early summer positioning of this year's show, which opens this Sunday, July 8.

Tagged Eurobike

LONDON (BRAIN) — The Global Cycling Network has launched a new Spanish language channel, GCN en Español. The company said it is the first part of a major expansion plan of internationalisation.

Tagged Media/Publishing

TAIPEI, Taiwan (BRAIN) — Organizers of Taipei Cycle say the trade show's shift from spring to fall will last just one year. 

The show will be held this fall, Oct. 31-Nov. 3 at the Taipei World Trade Center. For the 2019-2021 shows, the event will move back to March.

Tagged Taipei Cycle Show

Pages

Subscribe to RSS - International