International
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.
FORCHHEIM, Germany (BRAIN) — YT Industries has hired Duncan McCann as international business manager.
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.
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.
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.
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.
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.
FRIEDRICHSHAFEN, Germany (BRAIN) — Next year's Eurobike show will add a second public day and the event's outdoor demo will continue throughout the show.
SINGAPORE (BRAIN) — RedWhite Apparel, a Singapore cycling clothing brand that specializes in gear for ultra-long distance rides, has appointed new distributors in South Korea and Japan.
FRIEDRICHSHAFEN, Germany (BRAIN) — The World Federation of the Sporting Goods Industry announced at Eurobike this week that new wheel testing procedures have been finalized and will be presented to the Union Cyclist Internationale (UCI) Equipment Commission in October.
FRIEDRICHSHAFEN, Germany (BRAIN) — Santa Cruz Bicycles, which was purchased by Pon Holdings earlier this summer, has taken over its distribution in the Germany and Austria markets, the company announced this week.
FRIEDRICHSHAFEN, Germany (BRAIN) — From tubes and helmets to folding bikes, footwear and everything in between, new product galore made its debut in the halls of the Messe Friedrichshafen during the first two days of Eurobike 2015.
TAMPA, Fla. (BRAIN) — Dalian Wanda Group Co., Ltd. , a Chinese private conglomerate, has reached an agreement to buy Ironman for approximately $650 million from Providence Equity Partners.
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