International
TAIPEI, Taiwan (BRAIN) — As the industry struggles to overcome supply chain challenges that are likely to increase due to the war in Ukraine, the Asian industry gathers this week at the TAIPEI Cycle trade show and its DigitalGo virtual show.
BERLIN (BRAIN) — Signa Sports United has taken a stake in Buzzbike, a U.K.-based bike subscription service. The company said the deal will enable Buzzbike to expand into U.S. and European cities, starting with a planned community in Florida.
TEL AVIV (BRAIN) — Dmitry Nechaev, the owner of Sochi, Russia-based Triton Bikes, is asking industry suppliers and customers to continue to do business with his company, which he is planning to re-establish outside of Russia.
NEW YORK (BRAIN) — Signa Sports United, the publicly traded parent of Wiggle CRC and other e-commerce sites, reported a net sales increase of 11% in its first quarter. But it says the increase would have been higher if not for the shortage of complete bikes available in the quarter.
(VELONEWS) — Look Cycle has immediately ended its association with the Gazprom-RusVelo team as a result of Russia's invasion of Ukraine.
HOYA, Germany (BRAIN) — Hermann Hartje KG announced Tuesday it has expanded its Mavic distribution to Sweden. This comes a year after it expanded into Denmark and the Benelux countries.
KENT, United Kingdom (BRAIN) — Brompton announced plans Friday for a new global headquarters to be completed in 2027 in the town of Ashford in Kent as the UK's largest bike manufacturer aims to produce more than 200,000 bikes yearly.
BIEL, Switzerland (BRAIN) — DT Swiss will acquire disc brake company Trickstuff. The acquisition is expected to be completed on Jan. 1.
BILBAO, Spain (BRAIN) — Canyon will partially license Orbea's patented rear-shock lockout cable routing technology. Orbea's patent for the "Inside Line" covers improvements to the lockout routing, enhancing aesthetics and providing a more direct path between the shock and remote lever.
NEW YORK (BRAIN) — After a merger with Signa Sports United — which calls itself "the hidden champion of sports e-commerce" — well-known bike e-commerce sites Wiggle and Chain Reaction are part of a publicly-traded retail group with about $1.8 billion in annual sales, much of it in the bike segment.
OSAKA, Japan (BRAIN) — Shimano says it successfully petitioned the Internet Corporation for Assigned Names and Numbers to have an e-commerce website taken down because it was posing as a Shimano company site.
LONDON (BRAIN) — Bike.Rent Manager, a bike rental software platform, has secured 490,000 pound ($648,000) investment in a recent funding round in partnership with Universum Wealth. BRM said it is profitable and growing fast with customers in over 27 countries.
TREVIGLIO, Italy (BRAIN) — Bianchi has unveiled plans to build a new headquarters building and factory here. The 30,000 square meter (325,000 square foot) facility will have about 17,000 square meters devoted to bike production. Production is expected to begin in 2023.
VOJENS, Denmark (BRAIN) — Hartje Ebsen will distribute SRAM products in Denmark — including RockShox, Truvative, Quarq, and Time — at the beginning of the year.
Shimano said it increased production during the period and that its new 12-speed Dura-Ace and Ultegra groups "were enormously well-received by customers."
OSAKA, Japan (BRAIN) — Shimano says a website that appears to be offering clearance Shimano bike and fishing gearing is not legitimate.
The company said consumers should beware of shimano-clearance (dot) store.
BANG PU, Thailand (BRAIN) — The Vittoria Group will invest $20 million into building the world's first carbon-neutral bicycle tire facility that will open at the end of next year.
KOBLENZ, Germany (BRAIN) — Armin Landgraf will step down as Canyon Bicycles CEO at the end of the month, and Chief Financial Officer Winfried Rapp will assume the role on an interim basis.
Landgraf cited personal reasons for his resignation. He will remain a Canyon consultant until the end of the year.
FRIEDRICHSHAFEN, Germany (BRAIN) — On Saturday, Eurobike wrapped up its final show here at the Messe Friedrichshafen, counting a total of 18,770 trade visitors and 13,424 consumers.
AIGLE, Switzerland (BRAIN) — The Italian Professional Cyclists Association has announced that six female Afgan cyclists, along with a male athlete and some family members, arrived in Rome on Italian Air Force plane.
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