Industry News

HEERENVEN, the Netherlands (BRAIN)—Bike sales fell below expectations in the third quarter for Accell Group due to bad summer weather in Europe and general economic conditions, the Dutch company said in a press release issued Tuesday.

Tagged Earnings/Financial Reports

EUGENE, OR (BRAIN)— Rolf Prima has introduced a two-year crash protection plan, dubbed the Hero program, which provides repair coverage for the company’s alloy and carbon road and mountain wheels in case of crash.

SEATTLE, WA (BRAIN)—Blueseventy, leading supplier of open water and triathlon wetsuits, has hired John Duquette as country head for North America.

Duquette previously worked for the company from 2007 through 2010 before joining the sales team at Orca for the 2011 season.

Tagged People

VICTORVILLE, CA (BRAIN)—Bangladesh factory GermanBangla Bicycles has opened a U.S. subsidiary in Victorville, California, as it looks to drum up business among North American bicycle brands seeking a low cost manufacturing alternative to factories in China and Taiwan.

DALY CITY, CA (BRAIN)—The fourth annual San Francisco Bicycle Expo, held over the weekend at Daly City’s Cow Palace, brought in more than 6,000 attendees and 125 exhibitors to experience the full range of the Bay Area’s cycling culture.

Tagged Consumer Expos and Rides

NEWBURY PARK, CA (BRAIN)—Former Specialized director of U.S. sales John Thompson starts today at Giant USA in the newly created role of executive director of sales.

Thompson is charged with developing short and long-term growth plans for Giant and its retail network, Giant USA said in a press release.

Tagged People

TAIPEI, Taiwan (BRAIN)—Taiwan’s manufacturers saw nominal revenue increases in October with Merida reporting the largest gains for the month, according to figures released on the Taiwan Stock Exchange.

Tagged Earnings/Financial Reports

TEMPE, AZ (BRAIN)—State Bicycle Co. has opened two more concept shops in Denver, Colorado and Campbell, California. The fixed-gear and single-speed brand opened its first concept store in Hollywood, California, and last month unveiled a new U.S. dealer program.

MIAMI, FL (BRAIN)—J&B is looking to increase brand awareness of its Origin-8 in-house brand at the shop level with a new employee purchase program.

Shop employees now can save up to 20 percent off wholesale pricing on all Origin-8 products, according to a press release.

Tagged Distributor news

ST. PAUL, MN (BRAIN)—Velo Magazine’s tech editor Nick Legan will be a guest speaker at the Park Tool Tech Summit events this year.

Tagged Tradeshows and conferences

BURBANK AND SANTA MONICA, CA (BRAIN)—Santa Monica’s first full-service Bike Center is set to open this week while the city of Burbank is holding a ribbon-cutting ceremony and ride with the mayor to its new Burbank BikeStop today.

Tagged Advocacy/Non-profits

SLATINA, Romania (BRAIN)—Campagnolo has opened a second Romanian factory in a small town near the Bulgarian border, about 60 miles from its existing production facility in Eastern Europe.

CAVE CREEK, AZ (BRAIN)—Subtitled “Races for Open Spaces,” the third annual Cave Creek Bicycle Festival will be held Nov. 11-13 to raise funds for desert preservation.

Tagged Consumer Expos and Rides

MONTEREY, CA (BRAIN)—Organizers of the Sea Otter Classic announced the addition of cyclocross races to the annual four-day race and outdoor festival next year. Sea Otter will offer both men’s and women’s professional and amateur divisions as well as single speed, messenger and industry cup races.

Tagged Consumer Expos and Rides / Sea Otter Classic

WASHINGTON, D.C. (BRAIN)—Suppliers imported 11.2 million bikes through September this year, a 28 percent drop from the 15.5 million units brought in over the same period last year, according to figures from the Commerce Department.

FLETCHER, NC (BRAIN)–Cane Creek is expanding into the South American market, signing ProParts as its Brazilian distributor.

“Brazil is a notable market and ProParts is a respected and well-established distributor of high-end components," said Peter Gilbert, Cane Creek’s vice president of sales.

COVINGTON, KY (BRAIN)—Specialty Bike Expo, a new trade show set to take place Nov. 30 to Dec. 3 at the Northern Kentucky Convention Center, has been tabled. Organizer Jim Keefe said that while a good number of retailers and suppliers signed up to exhibit or attend, it wasn’t enough to make it a worthwhile event.

Tagged Tradeshows and conferences

GRENCHEN, Switzerland (BRAIN)—BMC’s Andy Rihs and e-bike brand Stromer’s Thomas Binggeli have joined their companies under one banner, International Sport Holding (ISH). In doing so, the pair hope to give Swiss technology and manufacturing a boost in the international market.

Tagged Mergers & Acquisitions

VAN NUYS, CA (BRAIN)—Easton-Bell Sports reported double-digit growth in sales of Easton-branded wheels and components during the third quarter. Sales of its Giro cycling shoes were also strong, the company said in its latest earnings report.

Tagged Earnings/Financial Reports

TUCSON, AZ (BRAIN)—Genuine Innovations is now a part of Illinois Tool Works (ITW), which runs 840 businesses in 57 countries and is one of the nation’s largest companies.

Tagged Mergers & Acquisitions


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