Industry News

HELSINKI, Finland (BRIAN)—Accell Group NV has agreed to acquire all the shares in Raul Hellberg Oy and affiliated companies (‘Hellberg’). Hellberg is active in the market for bicycles, bicycle parts and accessories and has its head offices in Helsinki, Finland.

Tagged Mergers & Acquisitions

Congrats to True's Mark Riedy, who welcomed to the world a few weeks ago, Georgia Riedy, weighing in at 6 pounds and 19 inches.

NEW YORK, NY (BRAIN)—The New York leg of the Bicycle Film Festival starts today and runs through June 21 with five days of bike events—with parties, block parties, rock shows, art shows and, of course, the screenings.

Here's a short list of the events:

Tagged Events

WASHINGTON, D.C. (BRAIN)—Committee on Transportation and Infrastructure chairman Jim Oberstar (D-MN) will outline plans for the new transportation authorization bill tomorrow at 2 p.m. (EST).

SAN JUAN CAPISTRANO, CA (BRAIN)—Outdoor Retailer attendee registration numbers for the 2009 Outdoor Retailer Summer Market show, held at the Salt Palace Convention Center in Salt Lake City, Utah, July 21-24, 2009, are meeting benchmarks from this time last year.

Tagged Tradeshows and conferences

LONG BEACH, CA (BRAIN)—Profile Design has appointed Karen Sing as director of sponsorships and events.

In addition to her new role, Sing will continue as the wetsuit developer for Profile Design. Having worked in the triathlon industry for nearly 20 years, she is a familiar presence at events and expos.

Tagged People

BY NICOLE FORMOSA

OKANOGAN, WA—Every year in mid-June, cyclists on touring bikes loaded with bulging panniers start dropping by The Bike Shop in rural Okanogan, Washington, as they embark on pedaling pilgrimages across the country.

BY MATT WIEBE

PHILADELPHIA, PA—The industry let out a collective sigh of relief after realizing that the 13 percent sales drop in the fourth quarter of last year wasn’t an indicator as to how sales would trend this year.

BY JASON NORMAN

LOS ANGELES, CA—Heightened security measures and new environmental regulations at Southern California ports are putting a squeeze on companies importing containers of bikes from overseas.

CENTRAL ISLIP, NY (BRAIN)—Pacific Cycle increased its bid to buy bankrupt Iron Horse Bicycle Company to $2.75 million on Monday.

HELSINKI, Finland (BRAIN)—Amer Sports Corporation, parent company of Mavic, announced on Monday a reorganization of its management structure in order to create one executive board to head up the outdoor equipment and apparel company.

MEQUON, WI (BRAIN)—Manitou has launched a new Web site that features a blog with action videos, product reviews, race results, technical information and links to other Manitou-related news.

Tagged Web/Internet

TRENTON, NJ (BRAIN)—A bill in New Jersey seeking to regulate the sale of bikes equipped with quick releases came out of committee with language the industry has agreed not to resist.

It took our amateur video team three takes to get the interview right, but Burley CEO Michael Coughlin was a good sport. Check out the video interview on the BRAIN Blog (click on link).

WOODINVILLE, WA (BRAIN)—LeMond Fitness and its former distributor Life Fitness are waging a court battle over product and the distribution agreement itself.

"I'm waiting for naked men. I'm single."

—Melissa Paxton told the New York Daily News yesterday. Nearly naked cyclists in Toronto, Washington, New York and other cities said yesterday their annual World Naked Bike Ride was a protest against oil dependency.

SAN JUAN CAPISTRANO, CA (BRAIN)—Bike magazine has won a prestigious Maggie award at the Western Publishing Association’s (WPA) 58th Annual Maggie Awards, held at the Westin Hotel in Los Angeles.

Tagged Awards

WAIKIKI, HI (BRAIN)—A new mountain bike race is hitting the shores of Hawaii in October with a $166,000 prize purse—with the winner receiving $15,000.

Tagged Events

DOWNIEVILLE, CA (BRAIN)—Now under a month away, this year’s Downieville Classic might take on a different feel than in years’ past.

Tagged Events

BOULDER, CO (BRAIN)—Retail sales for outdoor stores grew 2 percent compared to last April, moving from $339 million to $347 million, according to the most recent edition of The Outdoor Industry Association (OIA) Outdoor Topline Report, produced for OIA by the Leisure Trends Group.

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