global

Gates celebrating 10 years of its Carbon Drive system with limited edition white belt

FRIEDRICHSHAFEN, Germany (BRAIN) — At the Eurobike show later this month, Gates Corporation will celebrate ten years supplying its Gates Carbon Drive belt drivetrain to bike makers. Among the new belt drive products that Gates will show at Eurobike is a limited edition white belt.  Gates showed early prototypes of its belt drive at the 2007 Eurobike show in the Nicolai booth. Nicolai has continued to be an important R&D partner with Gates.

Ocean freight rates set to rise July 1

TAICHUNG, Taiwan (BRAIN) — Ocean freight rates from Asian ports to the West Coast are on the rise as shippers have reduced capacity and as the global economy posts stronger growth.   Members of the Transpacific Stabilization Agreement (TSA) consortium — a group of 15 major shipping lines — have approved rates that take effect July 1.

Will Fripp joins Shift Active Media as brand director

BATH, U.K. (BRAIN) — Shift Active Media, which operates the Global Cycling Network and Global Mountain Bike Network YouTube channels, has hired Will Fripp as a brand director. Shift Active Media is part of the Play Sports Group, which recently received an investment from Discovery Communications, which owns Eurosport

Pinarello sold to private equity firm involving LVMH

GREENWICH, Conn.

What will Trump mean for the bike biz? New BRAIN issue looks at that, along with Carolinas Dealer Tour and CycloFest coverage

LAGUNA HILLS, Calif. (BRAIN) — The new issue of Bicycle Retailer & Industry News , arriving in a subscribers’ mailboxes this week, features coverage of our most recent Dealer Tour, which visited retailers and other industry members in North and South Carolina. The new issue also includes an analysis of what the Trump election could mean to the bike industry’s Asian trade issues.

Trek kicks off inaugural Global Women’s Summit in Waterloo

WATERLOO, Wis. (BRAIN) — Trek Women’s Advocates from around the world, along with seven members of international media, are joining Trek at the company’s global headquarters here this week for the inaugural Global Women’s Summit.

TerraTrike now distributing Schwalbe tires in hard-to-find sizes

GRAND RAPIDS, Mich. (BRAIN) — TerraTrike, which claims to be the world’s largest manufacturer of recumbent trikes, is now distributing some hard to find tire sizes from Schwalbe. TerraTrike is stocking 20-inch (ISO 406) and 24-inch (ISO 507) Schwalbe models including the Big Apple, Land Cruiser, Tryker and Marathon in these sizes

Wiggle to merge with Chain Reaction Cycles

Update: 12/02/2016 14:40pm Both companies have now confirmed that they are to merge. The transaction, which is subject to a number of regulatory approvals, including merger control clearance from the Competition and Markets Authority (CMA), will amount to a business with a combined revenue in excess of £300m.

The full release is as below:

Merger to create global champion

Wiggle and Chain Reaction Cycles announce today that they are to merge to further strengthen their position in the global online retailing world of cycling, running, swimming and triathlon (tri-sports) products and accessories. The transaction is subject to a number of regulatory approvals, including merger control clearance from the Competition and Markets Authority (CMA). Together the combined business will be able to supply a broader offering and a stronger platform with which to attract new brands and compete in the wider cycling and accessories market. Financially, the combined business will have revenues in excess of £300m.

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 Stefan Barden, Chief Executive Officer of Wiggle, said: “In the global online retailing market in which we operate, there is a compelling industrial logic for our two businesses to come together to become a stronger force. We have long respected Chain Reaction Cycles as a business and share its values and commitment to delivering the best possible price and first class service for its customers. Like us they have a deep seated love of cycling. The combined business will offer all customers an extended range of brands and products, with Wiggle’s strength in tri-sports and road cycling complemented by Chain Reaction Cycles’ strength in mountain biking, BMX and road cycling too. The deal propels Wiggle faster towards its objective of building a global online champion and a major British export success story.”

Chris Watson, Managing Director of Chain Reaction Cycles, said: “This is an exciting new chapter for the Chain Reaction Cycles brand. Since the business started in 1984, we’ve grown strongly from our mountain bike origins in Northern Ireland to meet the needs of more MTB, BMX and road cyclists across more countries. Coming together with Wiggle is a great way to continue that growth, as a global force in cycling and a leader in technology, eCommerce and innovation.”

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You can read more at BikeRadar.com

Saturday is Global Fat Bike Day

LONGMONT, Colo.?(BRAIN) — Global Fat Bike Day, Saturday, Dec. 5, is being marked with events, demos and product introductions from Estonia to Vermont, Australia to Colorado. According to Fat-Bike.com , the day was designated by some British fat bike enthusiasts several years ago.

Joint event packages offered for Taipei’s Velo-City Global and Taipei Cycle Show

TAIPEI, Taiwan?(BRAIN) — Organizers in Taiwan are encouraging members of the bike industry and bike advocacy community to combine trips to next year’s Velo-City Global conference and the Taipei Cycle Show. Velo-City, a major annual international meeting organized by the European Cyclists’ Foundation, is planned for Feb. 27-March 1, 2016.