Posts by Phil Latz
Shimano New Factories
An Asian news source is reporting that Shimano plans to invest US$179 million (A$239 million) to build a new plant in Singapore that will open next year. According to the report from Nikkei Asia which you can see here, Shimano also decided to invest another $118 million (A$157 million) in its factories in Osaka and…
Grandfather, Grandson to Ride Across Australia for Compassion
Mike Jeffs, a keen amateur cyclist and businessman from Queensland, is set to take on the adventure of his life, cycling all the way across Australia to see children released from poverty. The journey will be even more special because his grandson, Elijah, will be riding beside him. “This is an amazing adventure opportunity for…
Aussie Cycling Apparel Brand Opens ‘Shop in Shop’ in Harrods, London
MAAP, the Melbourne-based cycling apparel brand, is now available for purchase, in-store and online through a click and collect service, at Harrods one of London’s and the world’s most famous high-end department stores. MAAP commissioned leading London-based retail design consultants Brinkworth to design a bespoke ‘shop in shop’ retail kit to translate the brand into…
Bosch Pays A$1.345 million for a Domain Name
What’s in a name? Clearly a lot if that name is ebike.com! Robert Bosch GmbH, the huge multinational owner of Bosch eBike Systems, just paid US$1,008,900 (A$1,345,000) for the domain name ebike.com. According to dnjournal.com, the domain was previously owned by names company Legendary Names Inc, which bought it at an auction of expired domain…
Sea Otter Australia Postponed – Again
Rather than delaying what was increasingly looking like an inevitably forced decision, Christian Haag, Executive Officer of Sea Otter Australia recently wrote to exhibitors and entrants with 12 weeks’ notice, advising them of the postponement of this year’s event. Sea Otter Australia had been scheduled to be held on this October long weekend but has…
KRUSH Announces Grassroots Scholarships Scheme
A group of Australian bicycle companies have collaborated to create a unique scholarship scheme for up and coming young cyclists. Industry participants included Sea Otter Australia, KRUSH, Bikecorp, Pushys, GravityOZ, Ridemore and Fist Handware. The program was to have been launched at Sea Otter Australia. Unfortunately, as we detailed elsewhere, that event has been postponed…
Iconic Italian Brands Acquired by US Investor
Trek Announces Big Plastic Packaging Reductions
Popular Australian Founded Website Sold – Again…
CyclingTips was founded in Melbourne by Wade Wallace. It was a classic ‘bootstraps home business start up’ which became one of the most popular cycling websites not just in Australia but globally. It was later bought by another Melbourne based business, BikeExchange. In 2019 BikeExchange sold it to Canadian based global mountain bike site Pinkbike.…
