Industry News

BERKELEY, Calif. (BRAIN) — GU Energy Labs has installed a 206 Kw solar system at its Berkeley headquarters and production facility, offsetting more than 95 percent of the building's energy.

VALLEJO, Calif. (BRAIN) — Wren Sports has named Yap Bicycle Compania has its distributor and authorized service center for Singapore.

Mechanics say Shinano, Shimona and SunRun components are showing up on bikes bought online.

SAN ANTONIO (BRAIN) — Mechanics across the country are reporting that bikes brought in for service or assembly are coming spec’d with knock-off components. Often, customers bring the bikes in new in the box and mechanics are having trouble setting them up to work properly.

TEMECULA, Calif. (BRAIN) — Intense has restructured its sales and marketing functions, eliminating an undisclosed number of jobs in the process, as the Southern California mountain bike brand continues to pursue its hybrid consumer-direct/IBD sales model.

TALLAHASSEE, Fla. (BRAIN) — The North American Bikeshare Association said its helped defeat a Florida bill that would have replaced local control of bike share programs with a statewide policy. 

Tagged Bikeshare
Events will include bike demos, enduro races, e-bike race and kids’ activities.
Interbike also released the event's new logo.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike and Northstar California Resort have released details of the new consumer bike festival that will precede the Interbike trade show in the Reno-Tahoe area this September.

Tagged Interbike
Terry Precision Bicycles owner Liz Robert and partners were outbid for the assets of the Vermont-based wool clothing brand.

BURLINGTON, Vt. (BRAIN) — A New York City-based investment group, Flour Fund, has purchased the assets of the wool clothing brand Ibex. The fund outbid an offer from a Vermont group that included Liz Robert, the owner of Terry Precision Bicycles.

Tagged Mergers & Acquisitions
Company will remain in Colorado and continue to be led by co-founder Chris Sugai, who plans an expansion of R&D, marketing and international sales.

DENVER (BRAIN) — After an eventful few months, Niner Bicycles has been purchased by UWHK Ltd., an investment firm with ties to the Huffy Corp. A U.S. Bankruptcy Court judge approved the sale last week and the purchase closed Friday afternoon.

Tagged Mergers & Acquisitions

BOULDER, Colo. (BRAIN) — The Better Bike Share Partnership has awarded more than $410,000 in grants to help increase access to bike share in communities of color, and to fund research related to bike share and equity.

Tagged Bikeshare
Company says it has signed up more than 30 new dealers since launching a new omnichannel program.

KENT, Wash. (BRAIN) — For more than a few years Accell North America has been the problem child for its parent, Dutch-based Accell Group. That status would appear to continue judging from the annual report that Accell released early Friday.

Tagged Omnichannel / Earnings/Financial Reports

KENT, Wash. (BRAIN) — As part of a review late last year, managers at Accell North America discovered that the company had been underpaying U.S. Customs on some bike import duties since 2013. The company wound up paying 4 million euros ($4.9 million) in repayments and interest.

ALISO VIEJO, Calif. (BRAIN) — Fizik has recently announced a 90-day comfort guarantee on its saddles and a 30-day guarantee on its shoes and bib shorts.

Company says inventory levels are right and new sporting goods business should give it a boost.

MONTREAL (BRAIN) — Dorel reported 0.6 percent growth in fourth-quarter revenue at its bike division, which includes Cannondale, Sugoi, GT, Schwinn, Mongoose and Caloi. However, full-year revenue declined 7.8 percent.

Tagged Earnings/Financial Reports

PORTLAND, Ore. (BRAIN) — North St. Bags, which makes bike panniers and bike accessories in addition to backpacks and other gear, is moving its headquarters and production workshop to Portland's Hawthorne District.

Bicycle Retailer's Doug McClellan joins retailer Jim Strang and Raleigh Electric's Rob Kaplan participate in the latest podcast.

LAGUNA HILLS, Calif. (BRAIN) — A new survey of 1,800 e-bike owners done by Portland State University and the University of Tennessee found that that most e-bike owners are very satisfied and really like their e-bikes (96 percent), because they are "fun" and "exciting" to ride.

KENT, Wash. (BRAIN) — Accell North America has appointed W. John Short as its new CEO. Short will oversee all Accell Group operations and investments in North America and will report to newly appointed Accell Group's global CEO and Management Board Chairman, Ton Anbeek.

Tagged People

BOULDER, Colo. (BRAIN) — Lennard Zinn has rejoined the VeloNews editorial staff as its first test editor. Zinn has contributed to VeloNews continuously since 1989 and is a former staffer.

Tagged People / Media/Publishing

FRIEDRICHSHAFEN, Germany (BRAIN) — Organizers of the Eurobike trade show are trying to encourage visitors to use bike to get to the show this year, partly in an effort to reduce traffic and parking challenges.

Tagged Tradeshows and conferences / Eurobike

DENVER (BRAIN) — GearJunkie LLC, the owner of GearJunkie.com, has made some staff additions and is opening an office in Denver, after having been based in Minneapolis for more than 10 years.

Tagged Media/Publishing

CARLSBAD, Calif. (BRAIN) — Focus Bicycles USA, Inc., is now working with Promoboxx to offer campaign-based marketing materials and tools to its network of brick-and-mortar independent bike dealers and e-specialty retailers.

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