+++ Cinelli, the Italian brand of bicycles, has been acquired by Asobi Ventures, an American investment fund in Austin, Texas owned by the family of Victor Luis, a fashion entrepreneur who wants to diversify the brand into clothing and accessories




+++ The Ironman Group has appointed a new chief digital officer, Roshanie Ross, who previously worked for American Express, Diageo, Equinox, Citi and International SOS



Legal & Institutional:

+++ Jean-Louis Rodrigues was re-elected as the president of the European Surf Industry Manufacturers Association (EuroSIMA) at the organization’s general assembly in Hossegor, France on July 2

+++ David Lappartient, the current president of the Union Cycliste Internationale (UCI), is the only candidate for presidency at the next elections, to be held on Sept. 24, hence his re-election for a second term essentially appears as a formality




+++ Catering to a growing trend in cycling, Germany’s VSF Fahrradmanufaktur expands its ranged of aluminum-framed bikes with a limited first edition of gravel bikes




+++ Escalade Sports, which owns the ONIX Pickleball brand, has extended its contract for the official ball of the Pro Pickleball Association through 2023

+++ Duca del Cosma has extended its sponsorship of the Dutch Open, one of Europe’s oldest golf tournaments, for a further three years

+++ England Golf has announced Titleist as an official partner until 2023



CSR & Sustainability:

+++ Phil Knight, co-founder and major shareholder of Nike, and his wife Penny have granted a second $500 million donation to the University of Oregon to help expand its scientific campus, which is named after them