BRAIN Staff
All articles by BRAIN Staff
July 30, 2018
Company says its STEPS E8000 e-MTB drive unit has been well received; says March's factory fire cost 1.6 billion yen — almost $20 million.
OSAKA, Japan (BRAIN) — Robust European e-bike sales and an average year for bike sales in North America led to a 6.8 percent sales increase in Shimano's bike division in the first half of 2018, the company said Monday.
Posted in International
July 27, 2018
MINNEAPOLIS (BRAIN) — Norwest Equity Partners, a middle-market investment firm founded in 1961, has made an investment in Atlanta-based Wahoo Fitness. The transaction closed on June 30; financial terms were not disclosed, but NEP said the investment was "significant."
Posted in Industry News
July 27, 2018
PORTLAND, Ore. (BRAIN) — Portland Design Works has hired RoseMary Sindt as marketing manager, developing and managing PDW's marketing, event and sponsorship initiatives. She started in the position July 1.
Posted in Industry News
July 27, 2018
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike has opened registration for the third annual Mechanics Challenge presented by Park Tool.
The event will take place on the Interbike show floor with qualifying heats on Sept. 18-19 and the semi-final and final rounds held from 2-5 p.m. on Sept. 19.
Posted in Industry News
July 26, 2018
BOULDER, Colo. (BRAIN) — PeopleForBikes will conduct a free half-hour webinar on proposed U.S. tariffs on Friday.
Posted in Industry News
July 26, 2018
FRIEDRICHSHAFEN, Germany (BRAIN) — Hexlox has introduced a modular thru axle that allows retailers to reduce inventory by stocking three models that should fit most thru axle bikes, including standard, Boost and fat bike frames and forks.
Posted in New Products
July 26, 2018
WATERLOO, Wis. (BRAIN) — Trek Bicycle is recalling about 10,000 Bontrager Lin Pro flat pedal because the pedal spindles can break.
The U.S. Consumer Product Safety Commission said Trek has received five reports from consumers of broken spindles. No injuries have been reported.
Posted in Recalls
July 26, 2018
COLORADO SPRINGS, Colo. (BRAIN) — USA Cycling has named Jeff Pierce director of elite athletics, road and track — overseeing road and track cycling programs from the development level through the USAC National Team.
Posted in Industry News
July 26, 2018
PORTLAND, Ore. (BRAIN) — Velo Cult, the Portland retailer and popular gathering place for the local cycling community, is closing to focus on online sales of its own branded products and soft goods.
Posted in Retail News
July 26, 2018
GOLDEN, Colo. (BRAIN) — Yeti Cycles has hired Kristi Jackson as the director of marketing. Jackson will lead all marketing initiatives at Yeti.
Posted in Industry News
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