Industry News

Boulder indoor velodrome closing suddenly • National Bike Challenge kicks off Tuesday • Ontario group announced Bicycle Friendly Community Awards • USA Cycling makes deal with hotel group

Tenth Ride of Silence planned for May 16 • Interbike works with ARTCRANK to make ads for 2012 event • 'Ride Before the Pros' planned prior to ATOC finale • Pennsylvania House gets bike friendly rep • Maxxis updates DHR with new tread design

CLOPPENBURG, Germany (BRAIN) Friday April 27 2012 3:05 PM MT—Derby Cycles’ license to sell Raleigh in parts of Europe will continue even as one of its primary competitors, Accell Group, takes over ownership of the British brand.

Tagged Mergers & Acquisitions

Florida dealers association donates decals for police cars • Tern partners with Munich Transport Authority • Illinois judge rejects 'Amazon tax'

HELSINKI, Finland (BRAIN) Friday April 27 2012 11:06 AM MT—Amer Sports, parent company of Mavic, is reporting a net sales increase of about 7 percent in the first quarter.

Tagged Earnings/Financial Reports

Eastern Bikes adds dealer locator to website • Paul Turner hosts bike race on Hawaii property • LAVA magazine to make newsstand debut next month • SRAM extends Tour of the Gila sponsorship • Raleigh offers bike-to-school scholarships in Ohio

BRUSSELS, Belgium (BRAIN) Thursday April 26 2012 4:44 PM MT—E-bikes with a motor output of up to 500 watts and pedal assistance of up to 25 kilometers will now be classified as bicycles instead of mopeds in Switzerland.

BUNNIK, the Netherlands (BRAIN) Thursday April 26 2012 4:41 PM MT—A consumer survey conducted by Dutch trade organization BOVAG found that 84 percent of shoppers prefer to buy new bikes at a specialist bike shop.

BOULDER, CO (BRAIN) Thursday April 26 2012 10:51 AM MT—Hugh Walton is joining Mavic, Inc., the brand's U.S subsidiary, as general manager.

Tagged People

WASHINGTON, DC (BRAIN) Thursday April 26 2012 9:55 AM MT—Raleigh America president Steve Meineke said the brand's acquisition by Accell Group will allow it to return to the top tier of U.S. bike brands.

Tagged Mergers & Acquisitions

LONDON, UK (BRAIN) Thursday April 26 2012 6:15 AM MT—Accell Group NV has completed its purchase of Raleigh Cycle Ltd., one of the oldest and largest bike companies in the world, for about $80 million.

Tagged Mergers & Acquisitions

SHANGHAI, China (BRAIN) Wednesday April 25 2012 8:55 PM MT—The China Cycle Show starts Thursday in Shanghai in its largest form ever with 5,900 booths and 1,300 exhibitors in 1.3 million square feet of space at the city’s New International Expo Center.

Tagged Tradeshows and conferences

DISS, UK (BRAIN) Wednesday April 25 2012 1:20 PM MT—Steve Domahidy, a co-founder and former head of R&D at Niner Bikes, has joined bf1systems, a British motorsports company that last year introduced an innovative road bike prototype, the Factor 001.

Tagged People

CLOPPENBURG, Germany (BRAIN) Wednesday April 25 2012 11:48 AM MT—Derby Cycle AG's chief financial officer Uwe Bögershausen is stepping down May 31 and will be replaced by Reiner Brüls. Brüls was most recently CFO of J. Müller AG, Brake.

Tagged People

Obama designates Sea Otter venue a National Monument • Participation in outdoor recreation hits highest level in five years • 2XU supplies Omega Pharma-Quick Step with compression gear

Earth Day honor for Spokesman Cycles owner • Eastern Mountain Sports triples size of Manchester, Conn., store • Polar has new president, launches Tour de France computer • FSA and Vision official Giro d'Italia partners

SAN JUAN CAPISTRANO, CA (BRAIN) Tuesday April 24 2012 2:37 PM MT—Organizers of the Outdoor Retailer trade show are asking the industry to chime in about the best location and date for the semi-annual expo, held in Salt Lake City since 1996.

Tagged Tradeshows and conferences

BERKELEY, CA (BRAIN) Tuesday April 24 2012 10:26 AM MT—High school mountain bike racing continues to grow quickly and the National Interscholastic Cycling Association is making some staff changes to accommodate the growth.

Tagged Racing & Sponsorship

Bicycling announces Editor's Choice awards • Bellwether and Profile Design debut Promoboxx partnership • Soulcraft offers dealers a stock 29er frame • Trek partners with Whistler's Summer Gravity Camps

ALLENTOWN, PA (BRAIN) — Owners of bikes they bought used ride more, buy more, and visit bike shops more often than owners of bikes they bought new, according to a new study.


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