Industry News

POZZOLEONE, Italy (BRAIN)—Selle Royal S.p.A. has signed a binding agreement to purchase a majority interest in Justek, the largest bicycle saddle manufacturer in China.

Tagged Mergers, Acquisitions & Investments

CORRECTION:

Tagged Distributor news

"He was kind of like, I'm taking this, showed me the gun, and (said), 'If you don't want to get hurt, let me go.'"

SPEEDWAY, IN (BRAIN)—EnergySport Norge AS of Roskilde, Denmark is now an authorized distributor of Zipp products in the Norwegian market.

Tagged Distributor news

GREENVILLE, SC (BRAIN)—Hincapie Sportswear has hired Will Mahler as retail sales representatives for the brand in Pennsylvania, Maryland, Virginia and the District of Columbia.

INDIANAPOLIS, IN (BRAIN)—The North American Handmade Bicycle Show has signed a one-year title sponsorship deal with Shimano American Corporation. The updated title of the event will now be called the Shimano North American Handmade Bicycle Show.

BRUSSELS, Belgium (BRAIN)—A newly published economic study compiles hard data on the state of the bicycle industry in Europe for the first time.

"If you want to read a real history book, read Howard Zinn's 'People History of the United States.' That book will knock you on your @ss."

WASHINGTON, D.C. (BRAIN)—A new report by the Alliance for Biking & Walking shows that lack of investment in biking and walking could be contributing to higher traffic fatalities and chronic disease rates in the U.S.

LOUISVILLE, KY (BRAIN)—Huffy Corporation has sued Cafepress.com, maker of custom T-shirts and other items, over alleged trademark infringements.

MILAN, Italy (BRAIN)—Look has taken over sales and marketing of its brand in Italy with the opening of a wholly owned subsidiary located near Milan.

INDIANAPOLIS, IN (BRAIN)—Zipp Speed Weaponry is moving into a new 70,000 square-foot manufacturing and customer service center on Indianapolis' northwest side this July.

BURLINGTON, NC (BRAIN)—Pro Feet has hired Matt Judge to handle sales, marketing and product development for the brand.

He brings a solid resume of brand experience to the company, having worked for Columbia Sportswear, Rockport footwear and Pearsox.

MANCHESTER, NH (BRAIN)—The Bike Cooperative has added DK Bicycles as a new supplier partner, giving the cooperative a total of 17 supporting vendors to date. Effective immediately, members of the cooperative earn rebates on all purchases of DK products.

CLEVELAND, OH (BRAIN)—Fast Track Cycling, Inc., a Cleveland-based, non-profit 501(c) (3) organization, has entered into a real estate purchase option agreement with the city of Cleveland to acquire a nine-acre vacant site formerly occupied by St. Michaels Hospital in Slavic Village.

SALT LAKE CITY, UT (BRAIN)—Smith Optics received top honors as REI’s Vendor Partner of the Year for 2009. The announcement was made at last week's Outdoor Retailer Winter Market trade show.

Tagged Awards

SAN LUIS OBISPO, CA (BRAIN)—Lezyne has agreed to partner with The Bike Cooperative, allowing Lezyne to reach more dealers throughout the nation and in return let the dealers take advantage of The Bike Cooperative’s innovative programs and benefits.

BLOOMINGTON, MN (BRAIN)—QBP has selected Mike McMullen to manage its purchasing department.

In this new role, McMullen will develop and manage purchasing processes, in addition to training and directing purchasing staff.

SAN CARLOS, CA (BRAIN)—Ritchey Design has promoted Kendall Young to the newly created position of North American director of sales for both Ritchey and Syncros brands.

BOULDER, CO (BRAIN)—Leisure Trends Group has reorganized its management team, realigning responsibilities in response to the last two years of sales growth.

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