Industry News

CHICAGO, IL (BRAIN)—SRAM has hired Altino Lourenco as its marketing coordinator for France, Spain and Portugal.

Tagged People

ANTWERP, Belgium (BRAIN)—Lazer Sport has hired three new staff members at its headquarters in Antwerp, Belgium.

Tagged People

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.

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

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.

Tagged People

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).

Tagged Earnings/Financial Reports

MONTGOMERYVILLE, PA (BRAIN)—The Bicycle Products Suppliers Association has hired Ray Keener as its part-time executive marketing director.

Tagged People

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.

Tagged Events

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.)

NEWBURY PARK, CA (BRAIN)—Industry veteran Jeff Schneider has joined Giant Bicycle as global gear marketing manager.

Tagged People

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.

Tagged Events / Frostbike

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

Tagged Advocacy/Non-profits

SEATTLE, WA (BRAIN)—Nuun has hired Casey Otley as its chief financial officer.

Tagged People

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 23,00

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.

Tagged People / Distributor news

SALT LAKE CITY, UT (BRAIN)—SOAR Communications has hired Alex Strickland as an account executive.

Tagged People

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.

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.

VISTA, CA (BRAIN)—Haro Bicycles has appointed Phil Tinstman to the position of Masi brand manager.

Tagged People

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.

Tagged Earnings/Financial Reports

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