Industry News

MILL VALLEY, CA (BRAIN)—Ben Capron, who was a partner with True Communications in the Bay Area, is returning to Specialized on a full-time basis.

Tagged People

RICHMOND, VA (BRAIN)—The North American Handmade Bicycle Show for 2010 is moving to Richmond, Virginia, according to show founder Don Walker.

"I am 100 percent confident that we will break all records when it comes to exhibitor and attendee numbers," Walker said of Richmond.

Tagged Events

WESTPORT, CT (BRAIN)—Fox Racing Shox reported a 14.2 percent decline in first quarter sales due to slow OEM orders in its bike division, according to earnings reports released on Friday.

Tagged Earnings/Financial Reports

BOULDER, CO (BRAIN)—Bringing together bicycling’s top academic professionals, Bikes Belong held an unprecedented Bicycling Research Symposium in Boulder, Colorado, on May 1.

Tagged Events

DUARTE, CA (BRAIN)—Dahon has hired Steve Boyd as director of operations for Dahon California.

Tagged People

"The reaction of people is usually like, 'Whoa, dude! You're the man.' One woman stopped me and said she was having a terrible day, but when she saw me riding the bike everything changed for her."

—Felix Hackenberg, who cycles with one leg better than most do with two. Click on link for full story.

MILAN, Italy (BRAIN)—Oakley sales were up 7 percent in the first quarter of 2009, even as its parent company, Luxottica, faced a challenging period.

Tagged Earnings/Financial Reports

MONTREAL, Quebec (BRAIN)—Dorel’s IBD brands were a bright spot in the company’s bike division during the first quarter of 2009, posting 8 percent organic growth during the first three months of the year.

Tagged Earnings/Financial Reports

VENICE, Italy (BRAIN)—Team Astana is having financial troubles, but Lance Armstrong may be able to help.

BOISE, ID (BRAIN)—MSC Bikes SL will now be present in the U.S. market with its brand new distributor, MSC Bikes USA.

ROCHESTER, NY (BRAIN)—Terry Precision Cycling, a women's cycling company, has been acquired by former president and chief executive officer of the Vermont Teddy Bear Company, Elisabeth Robert.

Tagged Mergers & Acquisitions

LOS ANGELES, CA (BRAIN)—Since its inception in 2006, the Tour of California has always taken place in February, but not anymore.

Tagged Events

MORGAN HILL, CA (BRAIN)—Specialized is once again hosting its annual Bike to Work Day Industry Commute Cup Challenge to inspire some friendly competition within the industry during National Bike to Work Week, May 11-15 2009.

Tagged Events

CENTRAL ISLIP, NY (BRAIN)—A U.S. bankruptcy judge ordered Iron Horse Bicycle Company to turn over reams of internal documents related to its Chapter 11 bankruptcy during a two-hour hearing at the Long Island Federal Courthouse on Tuesday.

WASHINGTON (BRAIN)—President Obama on Tuesday nominated Inez Moore Tenenbaum as chair of the Consumer Product Safety Commission and Robert S. Adler as a new commissioner.

If confirmed by Congress, Tenenbaum would replace outgoing chair Nancy Nord, a George W. Bush appointee.

MADISON, WI (BRAIN)—Cycling Sports Group (formerly known as Cannondale Sports Group) executive vice president of global marketing Bruno Maier is leaving the company.

Tagged People

LOS ANGELES, CA (BRAIN)—When you think LA traffic, you probably just think of the 405 freeway.

But according to LA Times columnist Lopez you should think again.

Click on link to see Lopez's full column.

Tagged Media/Publishing

HELSINKI, Finland (BRAIN)—Mavic reported a 21 percent drop in net sales for the first quarter, blaming the decline on sharply lower orders from OE manufacturers.

TAICHUNG, Taiwan (BRAIN)—Giant chairman King Liu will embark on a challenging 1036-mile bicycle tour through China in May to promote the positive benefits of the cycling lifestyle.

Tagged Events

BOULDER, CO (BRAIN)—Catalyst's national sales manager Rod Judd has exited the company. He will now work in a larger capacity for Boulder County's advocacy programs.

Judd had been with Catalyst for four years.

Judd's responsibilities will be turned over to Gregg Thayer.

Tagged People

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