Industry News

SAN JUAN CAPISTRANO, CA (BRAIN)—Preliminary attendance numbers for Interbike 2011 showed nearly 4,000 unique stores represented at the show and the total number of buyers at more than 11,000.

International buyer attendance from outside the United States was more than 1,300.

Tagged Tradeshows and conferences / Interbike

BALLYCLARE, Ireland (BRAIN)—Irish online retailer Chain Reaction Cycles reported pre-tax profits of 13.3 million British Pounds ($20. 8 million) last year and sales of 109.4 million pounds ($171 million), according to British media reports.

WATERLOO, WI/JOHANNESBURG, SOUTH AFRICA (BRAIN)—Trek Bicycle will now be the official bike supplier of Team MTN-Qhubeka, the largest multi-discipline professional cycling team in Africa.

DENVER, CO (BRAIN)—Bicycle Retailer & Industry News editors and sponsors are rolling out this morning on a three-day tour of bike shops in the Denver metropolitan area.

Tagged BRAIN News

MUKILTEO, WA (BRAIN)—Matthew Bianchi is moving from his technical service/neutral support position in Washington state to the Denver area, where he will manage FSA's new Rocky Mountain territory offering sales and technical support to retailers, and neutral support at local races.

Tagged People

LEXINGTON, SC (BRAIN)—Hawley is now distributing Light & Motion.

Tagged Distributor news

SCOTTSDALE, AZ (BRAIN) — Faster, a combination retail and training facility whose features include a cycling-specific wind tunnel, will have its grand opening Oct. 1.

A total of 34 teams from 10 states entered the Oregon Manifest Constructor's Design Challenge. The bikes were displayed at the Pacific Northwest College of Art in the Pearl District.

RICHMOND, VA (BRAIN)—Richmond, Virginia, has been selected to host the World Cycling Championships for 2015.

Tagged Racing & Sponsorship

NEWBURY PARK, CA (BRAIN)—Giant global director of product development Dennis Lane has decided to leave the company at the end of September.

Tagged People

PHOENIX, AZ (BRAIN)—BMX rider Rickey Bates died last week in a car crash. He was 23.

Tagged People

"If I bike and raise money for pediatric cancer research, I might be able to save someone's life."

SAN CLEMENTE, CA (BRAIN)—Derek DeJonge, publisher of Bike and Paved magazines, has left the company. He had been with Bike for more than a decade.

The search for a new publisher is currently underway, according to the company.

The company didn't respond for further comment on the matter.

Tagged Media/Publishing

HEERENVEN, the Netherlands (BRAIN)—Accell Group N.V. has taken notice of the intention of Pon Holdings B.V. to make a public offer for all outstanding shares of Derby Cycle
at a price of € 28 per share.

Tagged Earnings/Financial Reports

CLOPPENBURG, Germany (BRAIN)—Derby Cycle has reached an agreement with Dutch Pon Holdings to acquire all the company’s shares, averting a hostile takeover by competitor Accell Group.

Pon, one of the largest family-owned businesses in the Netherlands, is an international trading and service company.

“We view this as a new transit system that’s self-powered. The idea is to have so many stations, it’s easy to get from one point to another quickly. It fills in the gap in the existing transit system and allows people to pick up a bike at one location and drop it off at their destination.”

LAS VEGAS, NV (BRAIN)—The Light Electric Vehicle Association (LEVA) saw a much bigger crowd this year. This was largely due to the test track being almost four times larger, which accommodated more than 600 riders—a 50 percent increase over last year.

Tagged Tradeshows and conferences / Interbike

PHILADELPHIA, PA (BRAIN)—The Philly Bike Expo returns for a second year in late October with this year's theme being "Origin of the Species — the Evolution of the Mountain Bike."

Tagged Consumer Expos and Rides

VANCOUVER, British Columbia (BRAIN)—Rocky Mountain Bicycles has moved its distribution center from Carson, California, to Salt Lake City, Utah.

Tagged Distributor news

By Jason Norman

The steady stream of online competition has been flummoxing not only to brick-and-mortar retailers for the past several years, but to leading suppliers as well.

Tagged Web/Internet

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