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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.

LYON, France (BRAIN) — Vélo Capital Partners, an investment group that has been studying the international bike market for several years, is launching a company, called véliSo, offering several technologies that combined would produce what the company calls "the world's safest bicycle."

SAN LUIS OBISPO, Calif. (BRAIN) — Lezyne products are now being distributed by Velocenter in Russia and Pukinn in Iceland. Both companies are the exclusive Lezyne distributors in their countries.

Editor's note: This article has been updated to clarify that Vista Outdoor has no investment in MIPS. 

MELBOURNE, Australia (BRAIN) — BikeExchange has appointed Mark Watkin as its new global CEO.

DUBAI, United Arab Emirates (BRAIN) — The Dubai International Bicycle Exhibition tends to fall beneath the industry's radar screen, but the expo enters its third year on Jan. 12-13, 2018. While it's primarily a consumer event, it also attracts retailers and distributors from throughout the Middle East.

AUSTIN, Texas (BRAIN) — The Professional Bicycle Mechanics Association is teaming up with USA Cycling to produce a four-day clinic for aspiring race mechanics.

Tagged Retailer education

PORTLAND, Ore. (BRAIN) — Urban Arrow, a Dutch cargo bike maker, has appointed Ed Rae of Portland its U.S. agent.

TAICHUNG, Taiwan (BRAIN)  — It's been a tough year so far for Giant Manufacturing, and its third-quarter results have shown little improvement in its global position as the world's leading bicycle maker.

Tagged Earnings/Financial Reports

SEATTLE (BRAIN) — Rad Power Bikes is now selling into 28 European countries including Germany, France, the Netherlands and the United Kingdom, following a two-year debut in the United States.

Tagged Electric bike

TOKYO (BRAIN) — Tern partnered with Bosch eBike Systems to enter the Japan market with a new folding e-bike the brands showcased at the Tokyo Motor Show in the Bosch booth. The show, which closed Sunday, marked Tern's entry into the Japan e-bike market; Japan is Bosch's first e-bike market in Asia.

Tagged Electric bike
VF owns Vans, The North Face and Smart Wool

GREENSBORO, N.C. (BRAIN) — VF Corporation has signed a purchase agreement with New Zealand-based wool clothing company Icebreaker Holdings, Ltd.

VF already owns The North Face, Vans, Smart Wool, Timberland and Lee. 

Tagged Mergers, Acquisitions & Investments

BERINGEN, Belgium (BRAIN) — Flanders Bike Valley, a cluster of bike companies and other entities formed to encourage the bike industry in this region, is planning to conduct benchmark aero drag testing in its bike-specific wind tunnel this winter.

STOCKHOLM (BRAIN) — Thule Group announced Friday that its net sales were up 6.9 percent in its third quarter, the period from July through September. Adjusted for exchange rate fluctuations, sales rose 8.5 percent, to 1,385 million Swedish Krona ($165 million).

Tagged Earnings/Financial Reports

HELSINKI, Finland (BRAIN) — Sales in Amer Sports' cycling division, which comprises Mavic and Enve, were down 10 percent through the first nine months of the company's fiscal year, and down 8 percent in the third quarter. The company said its bike-related sales were hurt by high OEM and retail inventories.  

Tagged Earnings/Financial Reports

AMSTERDAM (BRAIN) — Beginning Jan.1, NuVinci Cycling, a division of Fallbrook Technologies Inc., will be operating under a new name: enviolo.

The division will be operating more independently from Fallbrook, the company said.

OSAKA, Japan (BRAIN) — Shimano saw a slight increase in sales in its bike division through the first nine months of 2017, up 1.4 percent to 196 billion yen ($1.7 billion) over sales in the same period last year. Operating income in the division decreased nearly 5 percent over the period however.

Tagged Earnings/Financial Reports

FÜRTH, Germany (BRAIN) —Crankbrothers has announced a new exclusive distribution arrangement for the German market with Cosmic Sports GmbH.

Former Specialized tech director will lead BMC's global digital projects.

GRENCHEN, Switzerland (BRAIN) — BMC Switzerland has hired Greg Dolder as its global director of technology. Dolder comes to BMC with extensive experience in both the tech and bicycle industries.

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