Industry News

CHATTANOOGA, TN (BRAIN)—Kirk Pacenti of Pacenti Cycle Design sold his 12-year old company to the investment group, Top Five, also from Chattanooga, Tennessee.

Tagged Mergers & Acquisitions

Interbike's original founder Steve Ready is coming out of retirement (well, sort of) to write a few blog posts for us over the next month. His first blog, which will go live tomorrow on BRAIN's front page, will discuss Berkeley, California, as a bike town.

BOULDER, CO (BRAIN)—The Bikes Belong Foundation has announced a $100,000 grant from REI (Recreational Equipment, Inc.) to expand their Bicycling Design Best Practices Program.

Tagged Advocacy/Non-profits

WHISTLER, British Columbia (BRAIN)—T2R-Distributors is now distributing IXS – Sports Division’s mountain biking safety wear and clothing within Canada.

IXS produces a comprehensive range of protective wear and clothing designed specifically for mountain bikes.

Tagged Distributor news

PORTLAND, OR (BRAIN)—Auto maker Audi has teamed up with custom bike brand Renovo Hardwood Bicycles to offer a line of high-end belt-drive performance bicycles that are both fashionable and functional.

RIEDSTADT, Germany—Clayton Goldsmith, global aftermarket sales manager at Hayes Bicycle Group, resigned from his position effective April 1 to start two new distribution business ventures.

Tagged People

KENT, WA (BRAIN)—Raleigh America is now on board with 3point5.com, a site that offers retailers training exercises and “edu-­‐games” to better associate themselves with the brands and products sold in their retail locations.

COSTA MESA, CA (BRAIN)—All NBDA members are invited to attend a free webinar entitled "Staffing For Summer," featuring industry consultant Dan Mann of The Mann Group.

Tagged Web/Internet

DENVER, CO (BRAIN)—Primal Wear is moving its headquarters to an 8,800-square-foot space in Denver. The move, which will occur over the course of a few weeks and be finished in early April, will not disrupt normal business operations.

KNOXVILLE, TN (BRAIN)—The first e-bike sharing system in the U.S. could be unveiled as early as this fall at the University of Tennessee at Knoxville.

SAN JUAN CAPISTRANO, CA (BRAIN)—Interbike will feature some new brands this year including apparel giant The North Face.

Tagged Tradeshows and conferences / Interbike

MEQUON, WI (BRAIN)—In 2010 Hayes bicycle group went to work on re-branding its customer facing communication.

VANCOUVER, British Columbia (BRAIN)—Jon Hadfield, former sales representative of Race Face Components, joins mountain bike frame manufacturer Banshee Bikes as international sales and marketing manager.

Tagged People

BELFAST, Ireland (BRAIN)—Longtime etailer Chain Reaction Cycles is set to open the company's first standalone storefront later this year, according to UK's Bike Radar website.

Chain Reaction said that it will stock much of the same product as one would find on their website, according to Bike Radar.

WASHINGTON, D.C. (BRAIN)—John Burke presented a strong case as to why Congress should maintain the current funding for bicycling in the next federal transportation bill on Wednesday as one of 40 experts called in to testify at a hearing in front of the House Subcommittee on Highways and Transit.

LONGMONT, CO (BRAIN)—In a surprise move that promises to boost the already popular CrossVegas to a higher level, organizer Brook Watts announced a title sponsor for the annual cyclocross race.

Tagged Events

IRVINE, CA (BRAIN)—As Northeast Japan recovers from the devastating earthquake and tsunami that struck last month, the industry is doing its part to help in any way it can.

Shimano Inc. has donated 100 million Yen (1.2 million USD) to the Japanese Red Cross Society and winter clothes worth 30 million Yen.

Tagged Advocacy/Non-profits

FLETCHER, NC (BRAIN)—Cane Creek Cycling Components has expanded its Canadian distribution through a partnership with Norco Products Ltd. Norco will offer Cane Creek’s complete headset line and, for the first time in Canada, Cane Creek’s Double Barrel rear damper platform.

Tagged Distributor news

SAN DIEGO, CA (BRAIN)—Kebby Holden and business partner Stephanie Swanson saw a void when it came to women’s tri apparel.

Holden and Swanson, both avid triathletes who live in San Diego, could never find anything that was fashionable, yet at the same time fit well.

NANJING, China (BRAIN)—The inaugural Asia Bike tradeshow has already attracted big industry names such as Look, Mavic, Shimano, Pearl Izumi and Specialized to exhibit at the late July show at the Nanjing International Expo Center.

Tagged Tradeshows and conferences

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