International
TAICHUNG, Taiwan (BRAIN) —Giant Manufacturing, closing its books on 2017, posted revenue for the year of $1.9 billion, a 3.5 percent decline from 2016.
OSAKA, Japan (BRAIN) — Shimano Inc. has issued a public apology after a fire at its factory in Sakai, Japan, on Monday.
According to the company, the fire was in a surface treatment area and workers were evacuated.
LIVINGSTON, U.K. (BRAIN) — Endura has been acquired by Pentland Brands Limited, the British family-owned business behind global brand names such as Speedo, Mitre, Canterbury and Berghaus.
ATLANTA (BRAIN) — Vee Tire Co. is working with a social enterprise group to recycle tires into key rings. The program is intended to reduce waste and poverty in Northern Thailand. The company will be distributing the key rings for free at next month's Sea Otter Classic and at other bike events this year.
VALLEJO, Calif. (BRAIN) — Wren Sports has named Yap Bicycle Compania has its distributor and authorized service center for Singapore.
MONTREAL (BRAIN) — Dorel reported 0.6 percent growth in fourth-quarter revenue at its bike division, which includes Cannondale, Sugoi, GT, Schwinn, Mongoose and Caloi. However, full-year revenue declined 7.8 percent.
FRIEDRICHSHAFEN, Germany (BRAIN) — Organizers of the Eurobike trade show are trying to encourage visitors to use bike to get to the show this year, partly in an effort to reduce traffic and parking challenges.
HEILSBRONN, Germany (BRAIN) — Ortlieb Sportartikel GmbH has hired Jürgen Siegwarth as the company's new CEO and has added senior staff members Jeff Scully and Martin Esslinger to its managing board.
MASSA MARITTIMA, Italy (BRAIN) — Ten brands and 16 journalists from global media outlets took part in the inaugural edition of Bike Connection Winter, a cycling media event presented by marketing and business development consultancy Bike Connection Agency.
AMSTERDAM (BRAIN) — Enviolo (previously NuVinci Cycling) has expanded the role of Avelino Rivera to include new responsibilities focused on bike share programs globally.
Rivera will be in charge of supporting existing and new bike share customers.
PILA, Poland (BRAIN) — Thule Group has opened a new factory here, in western Poland.
The company said the new plant offers increased production capacity on existing products as well as the possibility of production of newly launched product categories.
The factory is 145,000 square feet.
MUNICH, Germany (BRAIN) — Felt Bicycles has moved its European office from the company's former location in Edewecht, Germany, to a new facility in Munich.
LONDON (BRAIN) — Getty Images has acquired TDWsport, a cycling photography business and archive owned by Tim de Waele. De Waele has joined Getty Images as a staff photographer to lead the company's cycling coverage.
GIRONA, Spain (BRAIN) — Cannondale will be the main sponsor of the 2018 Sea Otter Europe Costa Brava-Girona Bike Show, which will hold its second edition in June.
MASSA MARITTIMA, Italy (BRAIN) — A new company, Bike Connection Agency, will hold a cycling media event next month in Italy.
HERGISWIL, Switzerland (BRAIN)—The World Bicycle Industry Association has formed, with founding members from the Bicycle Association Japan, the Bicycle Product Suppliers Association based in the U.S., the Confederation of the European Bicycle Industry and the Taiwan Bicycle Association.
HAUPPAUGE, N.Y. (BRAIN) — Finish Line Technologies has added HF Christiansen and Unicykel to its list of international distributors. HF Christiansen will be Finish Line's exclusive distribution partner for the Danish market while their subsidiary, Unicykel, will cover the Swedish market.
BATH, U.K. (BRAIN) — Play Sports Network, which produces the Global Cycling Network, Global Mountain Bike Network and Global Triathlon Network, is launching the Electric Mountain Bike Network in early 2018. Haibike and Specialized are among the network's initial sponsors.
MILAN, Italy (BRAIN) — Pirelli has created a new website for its Pzero Velo tires, with an e-commerce section that functions in Italy, France, Germany, the Benelux and the United Kingdom.
ROUSE HILL, Australia (BRAIN) — After 13 years with JetBlack Products, founder Trent Fitzgibbins has announced that he will be leaving the company to launch a new brand he has developed called M2O Industries.
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