International
NAMPA, Idaho (BRAIN) — Deity has hired industry veteran Silas Hesterberg as its new global distribution and OE manager.
TAICHUNG, Taiwan (BRAIN) — Revenue at Giant Manufacturing, the world's largest maker of bicycles, slumped last year driven down by weak sales in China and lower sales in the U.S. as high inventory levels and heavy discounting took its toll.
CAPE TOWN, South Africa (BRAIN) — Protective gear maker Leatt Corporation recorded sales of $16.4 million last year, down from $18.3 million the year before. The company recorded a net loss of $455,000 last year.
The company is headquartered in South Africa and its stock is traded on OTCQB market.
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TREVISO, Italy (BRAIN) — The private equity firm L Catterton has closed on the transaction to purchase a majority stake in Pinarello, an investment the companies announced last December.
MELBOURNE, Australia (BRAIN) — Dutch Cargo Bike, an Australian distributor of cargo and urban bikes — has taken over all responsibility for distributing Tern bicycle in Australia, effective this month.
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SENNFELD, Germany (BRAIN) — Susanne Puello, a long-time managing director of the Winora Group, is leaving the company, citing "Irreconcilable differences regarding the new reorganization activities ('refined strategy') of the Dutch Accell Group." Accell Group is the parent of Winora, which manages the Haibike, Sinus
![A rider at the Crankworx Whistler women's session. Liv photo. A riders at the Crankworx Whistler women's session. Liv photo.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/Liv_Crankworx_1.jpg?itok=VzlxFBES)
NEWBURY PARK, Calif. (BRAIN) — Liv Cycling is inviting female riders to enjoy an exclusive trail session alongside sponsored Liv athletes and ambassadors during next week's Crankworx Rotorua in New Zeland.
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TAIPEI, Taiwan (BRAIN) — Lintaman, a new brand based in Taichung, Taiwan, is now working with PowWord Communications, a U.S. marketing communications firm owned by industry veteran Tim Jackson.
HANGZHOU, China (BRAIN) — Herrmans has announced that China Star Union is now the brand's agent in China for e-bike components.
Headquartered in Hangzhou, China Star Union has five sales offices throughout China. The company is a leading supplier of controllers, throttles, and displays for e-bikes.
![The Tern Surge LTD7 is a limited edition model. The Tern Surge LTD7 is a limited edition model.](https://bicycleretailer.com/sites/default/files/styles/thumbnail/public/images/article/Tern%20surge%20LTD7.jpeg?itok=r54X8TLP)
TAIPEI, Taiwan (BRAIN) — Tern is now distributing its non-folding bike line, Roji, to markets outside of Japan.
PARK CITY, Utah (BRAIN) — POC is continuing its sponsorship of the Ibis Cycles Enduro Race Team for the 2017 season. The relationship began last year.
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SCOTTS VALLEY, Calif. (BRAIN) — Giro Sport Design has partnered with Fabric to produce a Grinduro event in the UK this July.
The event, open to 400 riders, will be held on the Isle of Arran in Scotland.
TAICHUNG, Taiwan (BRAIN) — Dorel Sports is presenting its 2018 model year product line to international distributors at Dorel's International Sales Show here this week.
SHERIDAN, Wyo. (BRAIN) —Foldaway Solutions is now bringing Oyama folding bikes to the U.S. for the first time. Oyama, based in China and Taiwan, is a 50 year old brand that has been making folding bikes for about 30 years. The U.S. product line will include seven models, priced from $369 to $1,299.
TAICHUNG, Taiwan (BRAIN) — The Finnish accessory brand Herrmans Oy Ab has opened a new office in Taichung city to manage its Taiwan warehouse and serve regional customers.
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WILTON, Conn. (BRAIN) – Dorel Sports has promoted Ana Paula Nogueira to senior business manager for Latin America. Nogueira has been with Caloi, a division of Dorel Sports, since 2006 in marketing roles of increasing responsibility, most recently as senior marketing manager, Latin America.
TAIPEI, Taiwan (BRAIN) — Lazer Sport has appointed Jo McAleer as sales director for Lazer Sport NV. She started March 15 and will represent Lazer at next week's Taipei Cycle Show, along with Sean van Waes, Lazer Sport NV's CEO.
ST. PAUL, Minn. (BRAIN) — Park Tool's 2017 team sponsorships include three World Tour teams, four Continental Pro teams, six women's pro road teams and a variety of other mountain bike, multisport, and cyclocross teams and athletes.
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OBERWANGEN, Switzerland (BRAIN) — A Swiss investor group has made a substantial investment in Stromer, completing the e-bike maker's separation from owner BMC.
HEERENVEEN, Netherlands (BRAIN) — On the strength of e-bike sales in Europe — especially in Germany — Accell Group's sales last year were up 6 percent, breaking the one billion-euro barrier for the first time in company history.