CHICAGO, IL (BRAIN)—SRAM has struck a new equity partnership with Lehman Brothers Merchant Banking (LBMB), one of the seven asset classes of Lehman Brothers' global private equity business.
The deal is expected to close in late September.
TEMPE, AZ (BRAIN)—The answers that didn't make the September issue print cut for Bicycle Retailer's Q & A session with Pivot's Chris Cocalis.
TEMPE, AZ (BRAIN)—Bicycle Retailer and Industry News recently caught up with Pivot Cycles' Chris Cocalis for a question and answer session for the September issue.
Below in Bicycle Retailer's Web Exclusive section are his responses that (due to space constraints) ended up on the cutting room floor.
If you're traveling by bike to this year's Democratic National Convention in Denver, don't expect rock star parking in front of the Pepsi Center. (click on link)
SALT LAKE CITY, UT (BRAIN)—Suspension fork and shock manufacturer Manitou has launched training on 3point5.com, adding to the online retail training company’s growing collection of cycling brands.
RALEIGH, NC (BRAIN)—Eastern Bikes has promoted Bryan Byrd to national sales manager.
Byrd has worked for Eastern for a little more than a year, previously working as a sales manager for an industrial supply distributor.
LAS VEGAS, NV (BRAIN)—Organizers of CrossVegas and the USA CRITS Finals announced that they will each stage separate bicycle industry only races for the upcoming September 2008 Interbike International Bicycle Expo in Las Vegas.
BOULDER, CO (BRAIN)—Velonews.com added a new products section to its Web site a few months ago and the site is looking to lift the profile of the section as it continues to rebuild its offerings after its redesign.
MONTREAL, Quebec (BRAIN)—Guru Bikes and Quality Bicycle Products have agreed to team up for the next several years.
Who are those masked men? (Click on link) That would be, of course, the U.S. cycling team that flew into Beijing yesterday, obviously concerned about the city's poor air quality. Let the games begin (cough, cough).
CARSON CITY, NV (BRAIN)—Veltec Sports has appointed Andy Ewas to the position of outside sales representative for the New England territory, effective August 15.
CHATTANOOGA, TN (BRAIN)—American Bicycle Group has hired Daryl Walter as its new chief financial officer.
Walter will be managing accounting, treasury, IT, HR and collections for the company.
Thanks to (huge Beastie Boys fan) Bionicon's Mic De Min for stopping by BRAIN World Headquarters yesterday for a ride.
WINTER PARK, CO (BRAIN)—In its second year, Colorado Crankworx drew more athletes and vendors and helped Winter Park Resort sell more lift tickets to its Trestle Bike Park than the first time around. Still, event organizers and bike industry exhibitors say the young festival still has plenty of room for growth.
LAGUNA HILLS, CA (BRAIN)—Bicycle Retailer and Industry News is looking for news and product review submission for its October issue.
All news submissions for October should be sent to managing editor Lynette Carpiet at lcarpiet@bicycleretailer.
Just another reminder not to keep a loaded gun in your bike bag. (Click on link)
VISTA, CA (BRAIN)—Canari Cyclewear is throwing its support behind two riders that will be documented for an upcoming film.
ARCATA, CA (BRAIN)—Kinetic Koffee will be donating a percentage of all coffee sales in the month of August to World Bicycle Relief, a non-profit organization dedicated to providing access to independence and livelihood through The Power of Bicycles in impoverished areas throughout the world.
SAN CARLOS, CA (BRAIN)—Ritchey Design/Syncros USA has promoted Nate Shaw, former top caliber inside sales motor, to national retail sales manager.
Under this new title, Shaw will manage three customer groups: Retail Direct, Builder Sales and Grassroots Team businesses.