Industry News

AUSTIN, TX (BRAIN)—It’s not unusual that retired BMX rider Taj Mihelich launched a new bicycle company. But what is of note is that Fairdale isn’t a BMX company, selling instead road/commuter bikes.

“I always wanted to do commuter bikes,” Mihelich said.

MILAN, Italy (BRAIN)—Luxottica Group S.p.A. reported net sales at its Wholesale Division, which owns Oakley, rose to €555.1 million ($784 mm) in the third quarter ending Sept. 30, from €518.3 million ($669 mm) in the third quarter of 2010.

Tagged Earnings/Financial Reports

BOULDER, CO (BRAIN)—Leisure Trends Group (LTG) has hired Scott Buelter as vice president of its Customer Relationship Marketing (CRM) Division.

Tagged People

NEWBURY PARK, CA (BRAIN)—Cyclists including current professionals and racing legends will take to the picturesque roads of Southern California’s Santa Monica Mountains on Thursday, Nov. 3, to benefit the family of Road Bike Action magazine editor Zapata Espinoza, whose wife, Ronette, died of cancer this year.

Tagged Consumer Expos and Rides

LAGUNA BEACH, CA (BRAIN)—Highway Two has added sales veteran Brian Bohlman to its sales team. Bohlman joins the company as the regional sales manager for Highway Two’s Midwestern and Eastern territories.

Tagged People

GRAND JUNCTION, CO (BRAIN)—DT Swiss continues to branch out into new markets and has found a Colombian distributor in Disandina S.A.

Tagged Distributor news

POMONA, CA (BRAIN)—Year after year at Interbike, show attendees from the recumbent industry would get together for a dinner to discuss the state of the market in their corner of the cycling world.

Tagged Tradeshows and conferences

CLOPPENBURG, Germany (BRAIN)—Pon Holdings issued its offer document for the public takeover of Derby Cycle today, opening the 28-day acceptance period for the buyout.

LAGUNA HILLS, CA (BRAIN)—Bicycle Retailer and Industry News’ offices in Southern California are closed starting today as they undergo some remodeling.

However, the magazine’s editorial and production staff is still checking phone messages and answering email remotely.

Tagged BRAIN News

DENVER, CO (BRAIN)—Gates Corp., maker of the chain-replacing Gates Carbon Drive™ belt drive for bikes, has entered a three-year sponsorship with the North American Handmade Bicycle Show.

MARIETTA, GA (BRAIN)—BMX legend and master wheel builder John Kovachi passed away on Wednesday morning from kidney failure. He was 46.

The former BMX racer started Kovachi Wheels in Georgia in 1989.

Tagged People

PORTSMOUTH, UK (BRAIN)—Former Olympic cyclist Derek Bouchard-Hall has been hired by Wiggle as its head of performance development.

“I am very excited to be joining a company with a real passion for cycling and is at the forefront of the rapidly changing cycling and tri-sport equipment industry," he said.

Tagged People

FORT COLLINS, CA (BRAIN)—Big Shot has hired Jason Jones as national sales manager to help launch its new wholesale division. The new hire will allow Ryan Clark, the former head of sales, to focus more on retail and administrative duties as the company’s new operations manager.

CENTRAL POINT, OR (BRAIN)—South African-made Morewood Bikes is now available in the U.S. through Oregon based distributor Unique Sports Co.

Tagged Distributor news

MORGAN HILL, CA (BRAIN)—In a letter Specialized emailed Wednesday, company founder Mike Sinyard told Specialized dealers that as more brands turn to mass merchants and sporting goods stores, bike shops must decide whether it makes sense to carry certain brands.

“I am delighted to lead this small group on a tour around some of my favorite roads in the whole world. This is my backyard. I love it, and I’ve called in a quite a few favors to make this day absolutely unforgettable.”

LOS ANGELES, CA (BRAIN)—Tern Bicycles is showing support for the California Bike Summit and the relaunch of the California Bike Coalition.

Tagged Events / Advocacy/Non-profits

DENVER, CO (BRAIN)—The USA Pro Cycling Challenge brought $83.5 million into Colorado in late August, according to IFM, a sports research firm that race organizers hired to gauge the race's benefits.

Tagged Racing & Sponsorship

SAN DIEGO, CA (BRAIN)—The Triathlon America Conference will again take place in San Diego early next year.

Tagged Events / Racing & Sponsorship

SARASOTA, FL (BRAIN)—Fulcrum North America has opened its Sarasota, Florida headquarters. Fulcrum will be taking care of small parts and servicing from this location.

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