Industry News

MADRID (BRAIN) — Spanish smart trainer brand BKOOL SL has appointed LARM SpA as its exclusive distributor for Italy, effective June 9. 

Bkool manufactures trainers and cycling software that is compatible with other systems such as Tacx, Elite and CycleOps.

MILAN, Italy (BRAIN) — Fulvio Acquati, the managing director of Deda Elementi for the last 18 years, has died after a short illness. 

WATERLOO, Wis. (BRAIN) — This fall's Telenet UCI Cyclo-cross World Cup Waterloo will be the first World Cup to offer equal prize money to the men's and women's pro fields.

The race's host, Trek Bicycle, said it hopes the race sets a precedent.

MADISON, Wis. (BRAIN) —The PeopleForBikes Coalition board of directors held their biannual meeting here this week, where it approved eight new Community Grants for bike projects. 

Tagged Advocacy/Non-profits

MORGAN HILL, Calif. (BRAIN) — Mike Carr, the director of sales at Specialized, is leaving the company to take a new position with AthletiCamps, at Folsom, California-based training center.

Carr said he has been transitioning into the new position over the course of four months.

SALEM, Mass. (BRAIN) — Vittoria Industries North America has promoted Spencer Haugh to its North American marketing team where he will serve as marketing associate for the road.

LAFAYETTE, Colo. (BRAIN) — The number of U.S. independent bicycle retailers declined 2.6 percent between 2015 and 2016, according to a new report from the National Bicycle Dealers Association.

AIGLE, Switzerland (BRAIN) — Ahead of this weekend's Grand Départ in Düsseldorf, Germany, the International Cycling Union has announced several safety changes, some of which will take effect this year and some next year. 

Tagged Racing & Sponsorship

EAST BURKE, Vt. (BRAIN) — The 20th annual New England Mountain Bike Association Festival (NEMBAfest), held June 16-18 at the Kingdom Trails in Vermont, saw registration jump 24 percent to bring in a record 7,100-plus riders over the festival’s three days, organizers said.

Tagged Consumer Expos and Rides

FARMINGTON, Utah (BRAIN) — Vista Outdoor, which owns several bike-related companies including Bell and Giro, has laid off 57 employees across its portfolio of more than 50 outdoor brands.

MINNEAPOLIS (BRAIN) — A court has issued a temporary restraining order barring two Minnesota men from using, selling, or transferring websites associated with the name Gregory LeMond and the LeMond and Grail trademarks.

The Ruckus staff.

PORTLAND, Ore. (BRAIN) — Ruckus Composites said it is experiencing a surge in business growth, leading to the hiring of two new, full-time employees and one summer intern. The company was founded in 2008 to repair carbon bikes. 

DURANGO, Colo. (BRAIN) — Tailwind Nutrition has been named a Colorado Company to Watch in 2017 by The Colorado Office of Economic Development and International Trade.

KOBLENZ, Germany (BRAIN) — Canyon has received the Red Dot: Design Team of the Year 2017 award and its team will be included in the Red Dot Hall of Fame, the organization has announced.

Tagged Awards

LEANDER, Texas (BRAIN) — Sealant manufacturer Orange Seal has bee named the official sealant of Team Bora-Hansgrohe, which includes two-time defending world champion Peter Sagan.

LINCOLNWOOD, Ill. (BRAIN) — BMW has joined the Electric Bike Expo as an exhibitor beginning with its Chicago-area event, which opened Friday and continues through Sunday. BMW will be on board for the other four stops on the 2017 Expo tour, which include Burnsville, Minnesota, in July; Portland, Oregon, in August; Miami in October and Philadelphia in November.

Tagged Electric bike / Consumer Expos and Rides

PAAL-BERINGEN, Belgium (BRAIN) — Race Productions NV, parent company of Ridley, is taking over Belgian brand Eddy Merckx. Bart van Muylder, CEO of Diepensteyn NV and owner of Eddy Merckx Cycles, said that the company’s limited scale has had a negative impact on its purchase and sales prices.

Tagged Mergers & Acquisitions
The new Pivot Les 27.5 hardtail.

PARK CITY, Utah (BRAIN) — Pivot had been scheduled to unveil the revamp of its Mach 4 Carbon model at Eurobike. But a robust early selling season for the original version of the lightweight 27.5-inch, 115-millimeter-travel bike, which debuted here at PressCamp three years ago, accelerated the time table.

Tagged PressCamp

KETCHUM, Idaho (BRAIN) — Consulting company CrankTank has added Adrian Montgomery as a new partner. CrankTank will broaden its service offerings to include public relations, social media marketing, content marketing, digital marketing and paid media planning.

Tagged People

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