Industry News

LYON, France (BRAIN) — Vélo Capital Partners, an investment group that has been studying the international bike market for several years, is launching a company, called véliSo, offering several technologies that combined would produce what the company calls "the world's safest bicycle."

SAN LUIS OBISPO, Calif. (BRAIN) — Lezyne products are now being distributed by Velocenter in Russia and Pukinn in Iceland. Both companies are the exclusive Lezyne distributors in their countries.

LAKE FOREST, Calif. (BRAIN) — BikeExchange began working with IBDs in Australia about 10 years ago, and later began partnering with companies to bring the technology platform, called Marketplacer, to about 20 other industries.. Now it's targeting bike brands that want to offer click-and-collect but lack the resources to build their own websites.

CHICAGO (BRAIN) — The Chicago Area Bicycle Dealers' Association has released the names of finalists for the association's annual awards for Dealer of the Year, Supplier of the Year, and Sales Rep of the Year.

Tagged People
The THM Fibula brake.

BREMBATE, Italy (BRAIN) — THM Carbones, the high-end German component brand purchased by 3T last year, is eyeing growth in the U.S. market by adding sales, support and fulfillment for the brand through 3T's U.S. operation.

SAN JOSE, Calif. (BRAIN) — BicycleBlueBook has hired longtime Trek sales rep Jeff LaSelle, who will represent the company in seven Southwestern states.

LaSelle had been with Trek for 24 years, more recently managing the North Texas and Louisiana territories for the company.

Tagged People
Photo courtesy of Pacenti Cycle Design.

MCDONALD, Tenn. (BRAIN) — Kirk Pacenti has two new partners at Pacenti Cycle Design — Duncan Lloyd and Luke Humphreys — and a new focus the brand's own expanded product line, showcased on a new website that launched recently.

GUILFORD, Conn. (BRAIN) — Thomson Bike Tours, one of the largest international bike tour companies, will exclusively provide Canyon Bicycles in its rental fleet next year. The tour operator will use the Canyon Ultimate CF SL 8.0 Di2 models.

PORTLAND, Ore. (BRAIN) — Sage Titanium Bicycles has announced the appointment of Sean Kneale as its U.S. sales manager.

The Portland-based company offers U.S.-manufactured titanium road, cyclocross and gravel bicycles. The brand's owner and designer is David Rosen. 

Tagged People

DENVER, Colo. (BRAIN) — Niner Inc. filed for Chapter 11 bankruptcy protection on Monday ahead of a planned acquisition by a Colorado investor group.

CARLSBAD, Calif. (BRAIN) — Campagnolo North America plans to hold its annual fundraising ride this Saturday, Dec. 2, to benefit Rady's Children's Hospital in San Diego.

FORT COLLINS, Colo. (BRAIN) — A Colorado-based investor group has agreed to purchase Niner Bikes.

Tagged Mergers & Acquisitions

Editor's note: This article has been updated to clarify that Vista Outdoor has no investment in MIPS. 

BOSTON (BRAIN) — Velotooler, a peer-to-peer app for bike mechanics, is now offering a program for bike brands needing assembly and deliveries.

LONG BEACH, Calif. (BRAIN) — Zwift is now offering retailers wholesale prices on membership cards, suggesting that brick-and-mortar retailers can bundle indoor training products and make it easier for new users to get started with the online cycling program. 

Tagged Web/Internet / Mobile bike apps
Jackie Mautner teaching a class at Portland's Community Cycling Center.

PORTLAND, Ore. (BRAIN) — Framebuilder Supply has awarded Portland framebuilder Jackie Mautner its first Women Build Bikes grant, which consists of a $1,200 credit toward framebuilding materials from the supplier.

Tagged People

GREENSBORO, N.C. (BRAIN) —  Bikerumor.com has added Christophe Noel to its editorial team. He comes from five years as senior editor at the Overland Journal and Expedition Portal, where he covered the overland offroad, motorcycle, and bikepacking market for print and online.

Tagged Media/Publishing / People

BOULDER, Colo. (BRAIN) — Pocket Outdoor Media, LLC has appointed Rob Wood as chief revenue officer. Wood will be responsible for sales across Pocket's brands, which include VeloNews, Triathlete, Women's Running and Competitor.com.

Tagged People / Media/Publishing

GOLDEN, Colo. (BRAIN) — Feedback Sports is returning to Mol, Belgium, for the 2017 UCI Masters CX World Championships Dec. 1-2.

PITTSBURGH, Penn. (BRAIN) — Dick's Sporting Goods has posted its sales and earnings for the third quarter of 2017, which ended Oct. 28. The company's net income for the quarter was $36.9 million or 35 cents per share, exceeding expectations of 22 to 30 cents per share.

Tagged Earnings/Financial Reports

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