Industry News

NEW YORK CITY (BRAIN) — Brompton Bicycle is running a 2-minute ad spot in Times Square. The campaign, the brand's first outdoor ad in the U.S., is aimed at city residents and visitors. The U.K.-based brand opened an office in Brooklyn last year. 

SANTA ROSA, Calif. (BRAIN) — The Cycling blog RedKitePrayer.com has begun soliciting voluntary reader subscriptions. The site also continues to accept advertising in what publisher Patrick Brady called an "NPR-style" model. 

Tagged Web/Internet / Media/Publishing

NORTH VANCOUVER, British Columbia (BRAIN) — Knolly Bikes is launching an online sales program for its bikes that includes its IBD clients.

Tagged Omnichannel
Cinema's Freecoaster hub.

ROCHESTER, N.Y. (BRAIN) — Blackout Distribution, which owns the Kink and Mission BMX brands, has acquired Cinema BMX,.

Tagged Mergers & Acquisitions

WATERLOO, Wis. (BRAIN) — "Like it or not, Mr. Trump will be the President and we should give him a chance. I am not a Republican. I am not a Democrat. I am someone who cares deeply about the future of OUR country."

AUSTIN, Texas (BRAIN) — Beeline and Velofix, the two fastest-growing mobile bike service franchise businesses in the U.S., have signed on to enlist all of their mechanics as mechanic members of the Professional Bicycle Mechanics Association.

MANCHESTER, N.H. (BRAIN) — Portland Design Works is the latest brand to join The Bike Cooperative' list of supplier partners. Effective immediately, member retailers of The Bike Cooperative will earn rebates on direct and distributor purchases of all PDW products.

NEWCASTLE, Australia (BRAIN) — Crankbrothers is now distributed exclusively by Lusty Industries Pty Ltd in Australia. Lusty has been the brand's non-exclusive distributor since January, along with Bikesportz Imports.

Osprey also hires a new VP of finance and appoints a new board chairman.

CORTEZ, Colo. (BRAIN) — Osprey Packs has hired Layne Rigney as its new president. Rigney was most recently president of CamelBak, where he worked for 11 years.

BLOOMINGTON, Minn. (BRAIN) — QBP has been named the sole U.S. distributor for Bopworx, the maker of reusable bike protection products for shipping and auto rack use.

Among the new investors are a Korean bike maker and the co-founder of PayPal.

LONG BEACH, Calif. (BRAIN) — Zwift, the maker of an online cycling platform, has raised an additional $27 million in venture capital funding, according to CrunchBase.com.

MADISON, Wis. (BRAIN) — Saris Cycling Group, the parent company for Saris Racks, CycleOps, and PowerTap, has announced new distributors for its brands in Australia.

SCOTTS VALLEY, Calif. (BRAIN) — Compass Diversified Holdings and Robert C. Fox, Jr. are selling at least 3.5 million shares in Fox Factory Holding Co., according to documents filed with the Security and Exchange Commission this week.

SANTA FE, N.M. (BRAIN) — Outside Magazine's annual list of the 100 "Best Places to Work" is out and includes a handful of companies involved in the bike industry. 

Jason Smith (left) and Martin Banke.

HOLSTEBRO, Denmark (BRAIN) — Danish high-end component and bearing manufacturer CeramicSpeed has acquired Friction Facts, a Boulder, Colorado-based testing lab.

Tagged Mergers & Acquisitions

WASHINGTON (BRAIN) — The U.S. House of Representatives this week passed passed H.R. 4665, the Outdoor REC (Recreation's Economic Contributions) Act, which would require the Departments of Commerce and Labor to provide statistics on how outdoor recreation contributes to the nation's economy.

ST. LAURENT, Quebec (BRAIN) — Raymond Lanctôt Ltd., a sporting goods distributor, has launched a new bike division that will focus on the Canadian distribution of brands including Benno Bikes, Melon Helmets and Suomy Helmets.

Tagged Distributor news

COLORADO SPRINGS, Colo. (BRAIN) — Borealis Fat Bikes has launched a new online selling program that the company said will protect its current dealers. 

Tagged Omnichannel

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Pat Hus, vice president of Interbike, was recently named show director of the Sports Licensing and Tailgate Show (SLTS). Emerald Expositions owns and operates SLTS, as well as Interbike, Outdoor Retailer, and more than 80 trade shows, conferences and summits.

Cargo brand works with ShipEarly to deliver bikes through Yuba dealers.

PETALUMA, Calif. (BRAIN) — Yuba Bikes, maker of cargo bikes, is working with ShipEarly to deliver online bike sales through its network of dealers. Bikes purchased online now can be shipped to a Yuba dealer chosen by the consumer for build and pickup. It can be the closest or preferred shop the consumer selects.

Tagged Omnichannel

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