Industry News

USA Cycling announces gravity tour dates • Seattle Bike Supply hires Castonguay for sales • CatEye offers custom computers for advocacy

EINDHOVEN, Netherlands (BRAIN) Feb 9, 14:13 MT— The Dutch owners of Lake Cycling have sold the shoe brand to Lake Cycling International B.V., a newly formed company also based in the Netherlands.

Tagged Mergers & Acquisitions

WATERLOO, WI (BRAIN) Feb 9, 14:04 MT— Trek Bicycle will maintain its relationship with Lance Armstrong as the Tour hero returns to triathlon competition.

Tagged Racing & Sponsorship

Editor's note: On the occasion of Ernesto Colnago's 80th birthday, we are re-publishing an article on Colnago's resurgence in the U.S. market. The article originally ran in the September 2011 edition of Bicycle Retailer & Industry News.

By Doug McClellan

Tagged People

LOS ANGELES, CA (BRAIN) Feb 8, 18:27 MT Sport Chalet Inc. on Wednesday reported a 2 percent decrease in same-store sales and slightly deeper loss for its fiscal third quarter as unseasonable weather kept customers away from winter resorts.

Tagged Earnings/Financial Reports

OSAKA, Japan (BRAIN) Feb 8, 18:09 MT — With sales flat in most world markets, Shimano cited sales of sports bikes into China as driving its bicycle component sales up 5 percent last year to $2.3 billion (177.3 billion Yen).

Tagged Earnings/Financial Reports

Crankbrothers dreambikes auction continues, $29,000 raised so far • Quebec fondo renamed with new sponsors • MJM Associates to manages western sales of Lake shoes; offers bike demo program • Endurance Films becomes USA Cycling Silver Level Sponsor • Pedego launches social media campaign

Post-Interbike Fondo ride route announced • Four brands team up to promote Cutters Ball during Frostbike • Chris Carmichael is national spokesman for Tour de Cure series

MELBOURNE, Australia (BRAIN) Feb 7, 06:37 MT — Six key industry suppliers have stepped up their commitment to the Australian market through an investment in the Cycling Promotion Fund (CPF) advocacy group.

NOVATO, CA (BRAIN) Feb 7, 11:58 MT—A new owner at Marin Bikes will allow the 26-year-old company to invest in "a little of everything," a company executive told BRAIN Tuesday morning.

Tagged Mergers & Acquisitions

By Doug McClellan

Editor's note: BRAIN's complete package on nonprofits, including an executive salary breakdown, is in the February issue.

Tagged Advocacy/Non-profits

By Nicole Formosa

Tagged Earnings/Financial Reports

NEW YORK, NY (BRAIN) Feb 6, 12:55 MT—Nielsen Holdings, which runs the well-known television traffic survey as well as the bike trade show Interbike, is reporting a revenue increase of 8 percent for 2011.

Tagged Earnings/Financial Reports / Interbike

LAUSANNE, Switzerland (BRAIN) Feb 6, 12:28 MT—Sport's highest court on Monday announced that Alberto Contador has been found guilty of doping at the 2010 Tour de France.

Tagged Racing & Sponsorship

SRAM is title sponsor of Tim Johnson's Ride on Washington • Seattle Bike Supply holds 'Armchair Open House' • Stage Race Distribution is North American importer for Olympia bike line

HEERENVEEN, Netherlands (BRAIN) Feb 6, 09:26 MT—Accell Group N.V. is strengthening its operations in Asia with the appointment of a senior executive for its offices in Taiwan.

AUSTIN, TX (BRAIN) Feb 3, 15:35 MT — A two-year investigation into alleged doping activity by Lance Armstrong has ended without charges, U.S. Attorney Andre Birotte Jr. announced Friday in a press release.

Shift Active Media to represent Giro organizer • New Belgium Urban Assault Ride releases 2012 schedule • Angel Fire to host 2013-2014 gravity nats • Wade Simmons signs with Race Face

LAGUNA NIGUEL, CA (BRAIN) Feb 3 — Lifeboat Events said Thursday that it will merge Urban PressCamp, originally scheduled for March 17-19 in Washington, D.C., with the broader media gathering it organizes in the summer called PressCamp.

Tagged PressCamp

WASHINGTON, D.C.

Tagged Advocacy/Non-profits

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