Industry News

BETHEL, CT (BRAIN)—Employees from Bethel, CT-based Cycling Sports Group (CSG) gathered last Friday to refurbish over 100 donated children’s bicycles and tricycles for community placement through local non-profit Danbury Youth Services.

Tagged Advocacy/Non-profits

WASHINGTON, D.C. (BRAIN)— The Alliance for Biking & Walking is awarding $104,000 in grants to five grassroots biking and walking advocacy organizations.

Tagged Advocacy/Non-profits

INDIANAPOLIS, IN (BRAIN)—The North American Handmade Bicycle Show will offer a limited number of exhibitor tables to new builders, starting with the 2010 show, in Richmond, Virginia, February 26-28.

Tagged Tradeshows and conferences

MILL VALLEY, CA (BRAIN)—Wilderness Trail Bikes (WTB) has said its collaboration with IMBA (International Mountain Biking Association) was an overwhelming success.

VANCOUVER, British Columbia (BRAIN)—Momentum Magazine has a new editor as the magazine's former web editor, Sarah Ripplinger, steps into the position. Former editor Amy Walker will now focus on her role as creative director/co-publisher.

Tagged Media/Publishing

"Feel the rhythm! Feel the rhyme! Get on up, it's bobsled time!"

—Sanka Coffie from "Cool Runnings"

PALO ALTO, CA (BRAIN)—Bernie Hoffacker, the original owner of Palo Alto Sport and Toy World and Palo Alto Bicycles, died on December 5 at Stanford Hospital.

Tagged People

CARLSBAD, CA (BRAIN)—Focus bicycles will be sold through Performance’s Web site, catalog and select retail locations beginning this spring.

TAICHUNG, Taiwan (BRAIN)—It started as a simple factory making hunting rifles. Now, TH Industries is known for its brand that is becoming an icon in high-end bicycle components: FSA. (Click on headline for PDF newsletter.)

Tagged Events

MONTEREY, CA (BRAIN)—Light & Motion has received the 2009 Waste Reduction Awards Program (WRAP) for the fifth consecutive year by the State of California.

Tagged Awards

FLETCHER, NC (BRAIN)—Cane Creek has hired Chris Strout as its new director of domestic sales. Strout will be responsible for championing Cane Creek’s dealer and distributor initiatives in the U.S. market.

Tagged People

SALT LAKE CITY, UT (BRAIN)—Ten years after opening its doors for the first time in Salt Lake City, Utah, the Specialized Bicycle Components western distribution center has moved to a new facility located just a stone’s throw from its former location.

Tagged Distributor news

TAIPEI, Taiwan (BRAIN)—The bike business is hitting the skids as 2009 wraps up with November sales reports from Merida showing a month on month drop in business of 21 percent, Giant down 14 percent, Kenda down 24 percent and component maker Lee Chi down 20 percent.

Tagged Earnings/Financial Reports

TAICHUNG, Taiwan (BRAIN)—The global economy appears to be shrugging off the so-called Great Recession as consumers start spending and orders for new goods start rising. But Tony Lo, Giant’s chief executive officer, expects the U.S. market will take more time to recover. (Click on headline for PDF newsletter.)

Tagged Events

CORAL GABLES, FL (BRAIN)—Citizen Bike, a Florida folding bike company, is suing Jamis Bicycles claiming that its name doesn’t infringe on Jamis’ trademark rights.

Jamis manufacturers and sells three bicycles that go by the name Citizen 1, Citizen 2 and Citizen 3.

PHILADELPHIA, PA (BRAIN)—Advanced Sports has purchased the Oval Concepts brand, trademarks and tooling and has entered into a license agreement for its patented JetStream and SCCS technology.

Tagged Mergers & Acquisitions

TAICHUNG, Taiwan (BRAIN)—Ideal’s Michael Chen speaks for many in the industry when he calls the U.S. market a challenge. (Click on headline for PDF newsletter.)

“It’s been a tough year for everybody,” said Chen, Ideal’s vice-president of marketing for North America.

Tagged Events

WASHINGTON, D.C. (BRAIN)—Exports of Made in USA bikes dropped by 1,288 units through the third quarter, a 3 percent drop. A steep drop in shipments to Mexico and Latin America negated the increase in business with Britain, France, Germany, the Netherlands and Pacific Rim nations.

Tagged Earnings/Financial Reports

NEWBURY PARK, CA (BRAIN)—Giant laid off two inside sales representatives in November, dividing their responsibilities up among the remaining team.

FT. COLLINS, CO (BRAIN)—Tour de Fat, New Belgium Brewing’s traveling celebration of all things bicycle, raised more than $276,000 for bike advocacy groups during the 2009 season.

Tagged Events

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