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BRISBANE, Australia (BRAIN) — Recon Instruments' Recon Jet smart sunglasses will be distributed in Australia and New Zealand by FE Sports.

FE Sports will also showcase Recon Jet at the Noosa Triathlon Multi Sport Festival in Queensland, Australia, this weekend.

Tagged Distributor news

OSAKA, Japan (BRAIN) — Shimano says its bike and e-bike component sales have been strong globally in the first three quarters of 2015, with double-digit percentage increases in sales despite unfavorable weather in Europe and North America.

Tagged Earnings/Financial Reports
Sales grew steeply in the UK and Europe, but declined in the rest of the world in the year ending in February 2015.

LONDON (BRAIN) — Wiggle's sales for the 12 months that ended in February 2015 totaled £179 million ($276 million), up 11.5 percent from the prior period, the company announced Friday.

Mavic sales by quarter

HELSINKI (BRAIN) — Sales in Amer Sports Corp.'s cycling business — via its Mavic brand — were down 5 percent in its third quarter, which ended Sept. 30, and up 1 percent year to date compared with the same period last year.

Tagged Earnings/Financial Reports

MELBOURNE, Australia (BRAIN) — Singlespeed and fixed-gear brand State Bicycle Co. has begun direct distribution in Australia, speeding delivery to customers there without international shipping fees.

Tagged Distributor news
Meetings begin Tuesday.

TAICHUNG, Taiwan (BRAIN) — Some product managers, distributors and suppliers began arriving here last week to have meetings even prior to the official start of Taichung Bike Week on Tuesday. Still, a good majority streamed into the host hotels — the Tempus, Evergreen and Splendor — throughout the day Monday.

Tagged Taichung Bike Week
Fox indicates it will expand to more price points with Marzocchi brand.

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding has agreed to buy "certain assets" related to Marzocchi's mountain bike suspension product line. The company did not say what assets it will buy, but indicated that it will market the Marzocchi brand worldwide and use the brand to hit new price points.

CHICAGO (BRAIN) — World Bicycle Relief distributed 220 bicycles to students in Eritrea on Tuesday in collaboration Team Africa Rising, the National Eritrean Cycling Federation, the Eritrean Ministry of Culture and Sport, the Ministry of Education and the UNDP.

Tagged Advocacy/Non-profits

FORCHHEIM, Germany (BRAIN) — YT Industries has hired Duncan McCann as international business manager.

A photo from the cyclesmith.jp homepage.

GOLDEN, Colo. (BRAIN) — The outdoors brand Mountainsmith is bringing back its Cyclesmith brand of bike products, but only for the Japanese market. The company said the plans are in response to a growing demand for Mountainsmith products in Japan and a steady increase in sales over the past three years.

NOVATO, Calif. (BRAIN) — Marin Mountain Bikes Inc. will be making its first appearance at the Asia Bike Trade Show in Nanjing's International Expo Centre in China from Oct. 9-12.

The TSG Evolution helmet.

LAS VEGAS (BRAIN) — Zurich, Switzerland-based TSG International AG has set up a U.S. office in Carlsbad, Calif., to support their operations here. The company displayed its U.S. line at the recent Interbike show in Las Vegas.

MANNING, S.C. (BRAIN) — South Carolina Gov. Nikki Haley warmly greeted a gathering of Chinese manufacturers on Tuesday promising them her support to do whatever it takes to interest them in setting up a factory in South Carolina.

The Whyte Saxon Cross Team sells for $2,100.

LAS VEGAS (BRAIN) — Jason Faircloth, a former vice president at Marin Bikes, is launching a new company selling Whyte brand bikes consumer direct in the U.S. Whyte is a U.K.-based brand that's been around since 1999.

UPDATED

LAS VEGAS (BRAIN) — BRG Sports said a Chinese citizen has been fined and sentenced to nearly three years in prison in China for trafficking in counterfeit Giro helmets.

LUGANO, Switzerland (BRAIN) — Assos has sold a majority stake in the company to an investment group led by former Black Diamond Equipment director Philip N. Duff, who becomes Assos’ new CEO.

HONG KONG (BRAIN) — Vittoria Group has appointed Michael Marx as its new senior executive manager and member of its executive management team.

VALLEJO, Calif. (BRAIN) —Italy Cycles Billato and Wren Sports, LLC. have entered into an exclusive sales and distribution agreement for North America.

STOCKHOLM (BRAIN) — Thule Group has agreed to sell its snow chain business to Schneketten AG – an Austrian company in the snow chain industry, for 10 million euros ($11.2 million) in cash and up to another 10 million euros based on sales in the coming seasons.

Tagged Mergers, Acquisitions & Investments

LONDON (BRAIN) — The Voxwomen Cycling Show, which first aired on British Eurosport television, will soon be viewable in more countries via Bloomberg Television and the digital television platform, Cycling TV.

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