WESTPORT, CT (BRAIN)—Compass Diversified Holdings pulled money out of its revolving credit facility to pay $257.5 million for Camelbak in August. Since Compass has yet to secure a long-term loan for that acquisition, Moody’s downgraded its credit rating from SGL-2 to SGL-3.
DENVER, CO (BRAIN)—Bicycle Retailer & Industry News editors capped off three days of riding in the mile-high city on Friday with visits to Salvagetti Bicycle Workshop, Golden Bike Shop and Wheat Ridge Cyclery.
NEW YORK, NY (BRAIN)—Two recent studies appear to expose cyclists as a potent urban menace, according to a recent WSJ story.
Click on title and then link to read more.
NEWBURY PARK, CA (BRAIN)—October is Breast Cancer Awareness Month and for the entire month Giant Bicycle and the Young Survival Coalition are sponsoring a bicycle design contest open to those who have been diagnosed with breast cancer.
RENO, NV (BRAIN)—TEXmarket USA has hired Mike Taylor as its operations manager.
MEQUON, WI (BRAIN)—Hayes Components has opened a new European headquarters in Munich, Germany.
Hayes has six locations globally. Headquartered in Mequon, Wisconsin, Hayes has manufacturing facilities and sales offices in Milwaukee, Wisconsin, Taipei, Taiwan, Wugu, Taiwan and Jinhua, China.
DENVER, CO (BRAIN)—The Denver suburbs are home to small clusters of shops, each with a unique formula to stay in business.
VANCOUVER, British Columbia (BRAIN)—Norco Products has teamed with SmartEtailing to launch Norco Sync, where retailers get a broader inventory for their online consumers using Norco's warehouses.
Trek and QBP have already teamed with SmartEtailing and are doing similar ventures.
LAGUNA NIGUEL, CA (BRAIN)—DealerCamp has introduced new and enhanced activities as well as revised hours for 2012.
WEST JORDAN, UT (BRAIN)—Reynolds Cycling has unveiled a new direct-to-dealer business model for the U.S. market.
GREENVILLE, SC (BRAIN)—A bicycle master plan calling for more than 170 miles of new bike routes and upgrades in Greenville, South Carolina, was approved by city leaders Monday.
BOULDER, CO (BRAIN)—In Boulder, there are more bike shops than grocery stores, quipped one of the five dealers visited during the BRAIN Dealer Tour Wednesday.
PAAL-BERINGEN, Belgium (BRAIN)—Ridley’s house accessories brand 4ZA is expanding its distribution in the United Kingdom through Moore Large.
BOULDER, CO (BRAIN)—It’s the first Saturday of October this weekend, and that can mean just one thing: Thousands of young cyclists will be hitting the trails for IMBA’s annual Take a Kid Mountain Biking Day.
SOUTH SAN FRANCISCO, CA (BRAIN)—Bradley Woehl, owner of San Francisco’s oldest bike shop, American Cyclery, had an idea 10 years ago.
Woehl asked his suppliers if they could start making steel frames. The problem was no one was listening.
SAN JUAN CAPISTRANO, CA (BRAIN)—Preliminary attendance numbers for Interbike 2011 showed nearly 4,000 unique stores represented at the show and the total number of buyers at more than 11,000.
International buyer attendance from outside the United States was more than 1,300.
BALLYCLARE, Ireland (BRAIN)—Irish online retailer Chain Reaction Cycles reported pre-tax profits of 13.3 million British Pounds ($20. 8 million) last year and sales of 109.4 million pounds ($171 million), according to British media reports.
WATERLOO, WI/JOHANNESBURG, SOUTH AFRICA (BRAIN)—Trek Bicycle will now be the official bike supplier of Team MTN-Qhubeka, the largest multi-discipline professional cycling team in Africa.
DENVER, CO (BRAIN)—Bicycle Retailer & Industry News editors and sponsors are rolling out this morning on a three-day tour of bike shops in the Denver metropolitan area.
MUKILTEO, WA (BRAIN)—Matthew Bianchi is moving from his technical service/neutral support position in Washington state to the Denver area, where he will manage FSA's new Rocky Mountain territory offering sales and technical support to retailers, and neutral support at local races.