press-release

Accell Group: Sales in North America down in first half

HEERENVEEN, the Netherlands (BRAIN) — Accell Group reported that sales through the specialty channel in North America during the first half of the year were down. It also saw sales impacted by the closure of multi-sport retail chains. Sales through other channels, including online, are growing but it wasn’t enough to offset the decline in sales to multi-sport retail chains, the company said

Renowned Belgian brands Ridley, Merckx merge

PAAL-BERINGEN, Belgium (BRAIN) — Race Productions NV, parent company of Ridley, is taking over Belgian brand Eddy Merckx. In a press release, Bart van Muylder, CEO of Diepensteyn NV and owner of Eddy Merckx Cycles, said that the company’s limited scale has had a negative impact on its purchase and sales prices. “As a small player in the industry, we simply do not carry enough weight internationally to attract the strongest distribution partners,” he said

Transportation officials hold webinar on ‘near miss’ bike incidents

NEW YORK CITY (BRAIN) — The  National Association of City Transportation Officials will hold a free webinar Monday on how close calls and aggressive drivers affect bike use. ” Fear of being hit and seriously injured by a car is a major deterrent for people considering whether to bike on city streets,” a NACTO press release said.

Nomination period now open for Interbike’s Retailer Innovation awards

SAN JUAN CAPISTRANO, Calif.

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