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Posted February 9, 2011
WETTER, Germany (BRAIN)—Abus, the market leader for locks in Germany, has set up a U.S. subsidiary to help grow its bicycle, motorcycle and marine security business in North America.

The company, named Abus Mobile Security, Inc., is based in Chicago.

Posted in North America
Posted February 8, 2011
CHICOUTIMI, Quebec (BRAIN)—Cycles Devinci will now be made available online in the United States through Competitive Cyclist (www.competitivecyclist.com).

Posted in North America
Posted February 8, 2011
VISTA, CA (BRAIN)—Canari Cyclewear has appointed Erik DeKold as its custom sales director. This change redirects DeKold's focus from IBD sales management to custom team, club and shop sales and department management.

Posted in North America Tagged People
Posted February 8, 2011
OSAKA, Japan (BRAIN)—Shimano’s sales hit $2.6 billion last year (213.6 billion Yen), with the bicycle division contributing $2.1 billion (169.4 billion Yen) in sales, or 79 percent of total sales. Shimano’s net income doubled to $232.3 million (19.1 billion Yen).

Posted in North America Tagged Earnings/Financial Reports
Posted February 8, 2011
MONTGOMERYVILLE, PA (BRAIN)—The Bicycle Products Suppliers Association has hired Ray Keener as its part-time executive marketing director.

Posted in North America Tagged People
Posted February 7, 2011
LONG BEACH, CA (BRAIN)—Park Tool is wrapping up its annual mechanics training program today in Long Beach, California, a new city added to its Tech Summit series this year.

Posted in North America Tagged Events
Posted February 7, 2011
LAGUNA HILLS, CA (BRAIN)—Australian dealers and wholesalers are fighting back against what they believe to be unfair pricing from Internet retailers, particularly Chain Reaction Cycles, Wiggle and PBK (Pro Bike Kit.)

Posted in North America
Posted February 7, 2011
NEWBURY PARK, CA (BRAIN)—Industry veteran Jeff Schneider has joined Giant Bicycle as global gear marketing manager.

Posted in North America Tagged People
Posted February 7, 2011
BLOOMINGTON, MN (BRAIN)—Quality Bicycle Products will no longer offer walk-in registration for its annual Frostbike gathering due to an at-capacity crowd expected in Bloomington later this month.

Posted in North America Tagged Events / Frostbike
Posted February 4, 2011
SAN FRANCISCO, CA (BRAIN)—In wrapping up the holiday season, the world’s leading athletic identification provider announced that its Holiday Giveaway generated $41,000 to complete a year-long and wide-ranging philanthropic initiative from three promotions that resulted in $110,000 in cash donations to its charitable pa
Posted in North America Tagged Advocacy/Non-profits
Posted February 4, 2011
SEATTLE, WA (BRAIN)—Nuun has hired Casey Otley as its chief financial officer.

Posted in North America Tagged People
Posted February 4, 2011
COLUMBUS, OH (BRAIN)—A new study conducted by researchers at the Center for Injury Research and Policy of The Research Institute at Nationwide Children’s Hospital found the number of mountain bike-related injuries decreased 56 percent over the 14-year study period (1994 to 2007), going from a high of more than 23,000 i
Posted in Studies/Reports
Posted February 4, 2011
BLOOMINGTON, MN (BRAIN)—Quality Bicycle Products recently honored the top commuters among its Q-central warehouse staff of 480 for seeking means of getting to work beyond the single occupancy vehicle commute.

Posted in North America Tagged People / Distributor news
Posted February 4, 2011
SALT LAKE CITY, UT (BRAIN)—SOAR Communications has hired Alex Strickland as an account executive.

Posted in North America Tagged People
Posted February 3, 2011
MUTLANGEN, Germany (BRAIN)—Advanced Sports Inc. has completed the acquisition of its former German sales agent, Twin Sport, giving the company full ownership over its European subsidiary.

Posted in International
Posted February 3, 2011
LAGUNA HILLS, CA (BRAIN)—The letter from a group of Spanish dealers heard around the industry earlier this week has literally set off a chain reaction of online discussion between consumers, retailers and some suppliers.

Posted in North America
Posted February 3, 2011
VISTA, CA (BRAIN)—Haro Bicycles has appointed Phil Tinstman to the position of Masi brand manager.

Posted in North America Tagged People
Posted February 3, 2011
CLOPPENBURG, Germany (BRAIN)—Derby Cycle raised €98.6 million ($133.9 million) in its market debut today on the Frankfurt Stock Exchange, the company said in a press release.

The listed price was €13.15 per share for 7.5 million shares listed.

Posted in North America Tagged Earnings/Financial Reports
Posted February 3, 2011
HELSINKI, Finland (BRAIN)—Sales of Mavic rims, wheels, apparel and footwear rose 5 percent last year, totaling € 106.4 million ($142. 4 million), according to year-end financial results released Thursday by Amer Sports, Mavic’s parent company.

Posted in North America Tagged Earnings/Financial Reports
Posted February 2, 2011
AIGLE, Switzerland (BRAIN)—Bike suppliers seemed pleased with a new cost structure that reduces the price of the UCI’s labeling program by more than half, though some concerns linger over the tight time frame to gain approvals.

Posted in International Tagged Racing & Sponsorship

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