Industry News

CLOPPENBURG, Germany (BRAIN)—Derby Cycle management board issued its opinion Tuesday supporting Pon Holding’s takeover offer, a key step before the transaction closes.

Tagged Mergers & Acquisitions

WASHINGTON, DC (BRAIN)—Suppliers brought in 3.8 million fewer bikes through August compared to the same period last year. That’s a 28 percent drop for the first eight months of 2011, according to the latest figures from the Commerce Department.

LITTLE ROCK, AR (BRAIN)—On the heels of its 10th anniversary, Orbea USA will begin selling its bikes online for the first time through three new e-commerce platforms slated to launch over the next three months.

LARAMIE, WY (BRAIN)—Charles Pelkey has covered pro tour racing for 17 years, but his enthusiasm hasn’t dampened. He still loves getting up at 4 a.m. to prepare his race narratives.

Tagged Media/Publishing

TEMECULA, CA (BRAIN)—Rich Palmer has left Intense where he worked as director of global sales. Prior to his role at Intense, Palmer, a longtime industry veteran, had been the general manager and chief operating officer at Mavic. He had been with Mavic for 10 years.

Tagged People

LAGUNA HILLS, CA (BRAIN)—Longtime web editor Jason Norman has left Bicycle Retailer and Industry News. His last day with the magazine was Oct. 28.

Tagged BRAIN News

OSAKA, Japan (BRAIN)—Shimano’s net sales climbed 3.7 percent to $2.1 billion (161.6 billion yen) while its operating income dropped 11 percent during the first nine months of 2011.

Tagged Earnings/Financial Reports

LOUISVILLE, CO (BRAIN)—Wheels Manufacturing of Louisville, Colorado, the world's largest manufacturer of machined derailleur hangers, hosted an open house at its facility on Friday.

Tagged Events

BOULDER, CO (BRAIN)—Product Architects, Inc., maker of the Polar Bottle, has announced a new promotion where customers can order insulated sport water bottles customized with photos of their pets.

WASHINGTON, D.C. (BRAIN)—Fresh off a victory against a U.S. lawmaker’s attempt to remove federal funding for bicycle infrastructure projects from the federal Transportation Enhancements program, the industry is mobilizing anew against an amendment proposed by Sen.

Tagged Advocacy/Non-profits

BLOOMINGTON, MN (BRAIN)—Q-Outdoor, the outdoor and snow sports distribution division of QBP, has broadened its Nordic products distribution with new vendors and expanded product offerings from existing vendors.

Tagged Distributor news

Bicycle Gallery in Jacksonville, Florida, is sexy and we're pretty sure they know it. Click on title and then link to find out what we're talking about.

SPEEDWAY, IN (BRAIN)—After four years in Speedway, Indiana, NAHBS HQ is uprooting and moving to Louisville, Kentucky, the venue for the 2013 UCI Cyclo-Cross World Championships, and also home to many enthusiastic handmade bicycle fans.

Tagged North American Handmade Bicycle Show

WESTPORT, CT (BRAIN)—Compass Diversified Holdings, which owns Fox Racing Shox and CamelBak, has secured $515 million in new debt financing to expand its existing businesses and finance acquisitions.

ROTORUA, New Zealand (BRAIN)—Zerode owner Rob Metz was sort of pestered into starting his own mountain bike brand.

HELSINKI, Finland (BRAIN)—Sales at Mavic rose 15 percent in the third quarter, with strong growth in wheels and cycling shoes, parent company Amer Sports stated in an earnings call Thursday.

Tagged Earnings/Financial Reports

PETALUMA, CA (BRAIN)—CamelBak and Water.org are teaming up for a second consecutive year to share a simple and powerful way to help some of the 884 million people who lack access to safe water.

Tagged Advocacy/Non-profits

VISTA, CA (BRAIN)—Zoot Sports has named Chris Bogue as vice president of sales and marketing for North America.

Previously, he held high-level sales and marketing positions with Pactimo, Pearl Izumi, Casio and K2 Sports. He will begin his role with Zoot in Vista, CA, on November 1.

Tagged People

SAN RAFAEL, CA (BRAIN)—Trips for Kids National has added two new chapters, formed by the Desert Recreation District (DRD) (Indio, CA) and the Buellton Park and Recreation Department (Buellton, CA.)

Tagged Advocacy/Non-profits

BANGKOK, Thailand (BRAIN)—Vittoria’s Lion Tyres factory in Bangkok not only produces Vittoria branded tires, but it is a large OEM tire maker for numerous high-end tire brands. As floodwaters continue to rise in Bangkok, officials at Lyon Tires say so far its factory is not affected.

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