press-release

Amer’s cycling sales fall 5% in first quarter

HELSINKI (BRAIN) — Amer Sports Corporation is reporting that its cycling sales — comprising business by its Mavic and Enve brands — were down 5 percent in the January through March period, compared to the same period last year.

Pon Holdings makes offer to buy Accell Group

AMSTERDAM (BRAIN) — Accell Group announced Tuesday that it had received a takeover offer from Pon Holdings for 845 million euros ($895 million). Accell owns Raleigh, Diamondback, Haibike, Ghost, Winora, Lapierre and other brands. Pon owns Cervélo, Focus, Santa Cruz, Batavus, Sparta, Koga  and Gazelle, the largest Dutch bike brand

E-bikes power Accell Group past 1B euro mark; while bankruptcies short circuit North America sales

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.

René Takens, CEO of Accell Group, steps down

HEERENVEEN, Netherlands (BRAIN) – Accell Group N.V.

Felt president: Rossignol and Felt are ‘a perfect match’

IRVINE, Calif. (BRAIN) — The coupling of a 110-year-old French winter sports brand and a teen-aged American bicycle company was a perfect match, said Bill Duehring, president of Felt Bicycle. Duehring and partners Jim Felt and Michael Müllmann announced Friday that they had agreed to sell Felt Bicycle to Rossignol Group for an undisclosed amount

New pro road stage race planned for Colorado in August

DENVER (BRAIN) — A Colorado company is looking to replace the short-lived USA Pro Challenge stage race with a new race in the state this year. The Colorado Classic will be held August 10-13 and hold a UCI 2HC ranking, the same as the Pro Challenge, which has not been held since 2015

New pro road stage race planned for Colorado in August

DENVER (BRAIN) — A Colorado company is looking to replace the short-lived USA Pro Challenge stage race with a new race in the state this year. The Colorado Classic will be held August 10-13 and hold a UCI 2HC ranking, the same as the Pro Challenge, which has not been held since 2015

Pon Holdings acquires Faraday Bicycles

Dutch conglomerate expands e-bike brand mix.

Giant’s global sales continue to slump due to weak markets in US and China

TAICHUNG, Taiwan (BRAIN) — The global slump in bicycle sales, especially in the U.S. and China, has taken a toll on Giant’s first three quarters of 2016 with overall revenue down 6.5 percent. Giant posted revenue of NT $44.2 billion ($1.38 billion) for the first three quarters compared to the same period last year of NT $47.3 billion.

Box Components break-in hampers OE sales effort

ANAHEIM, Calif. (BRAIN) — Thieves made off with Box Components products worth about $100,000 at retail in an overnight break-in at the company’s headquarters here Wednesday. The theft of some pre-production mountain bike drivetrain components is causing the most headaches, said Gregorio de Haro, the company’s director of sales