Industry News

ASHEVILLE, N.C. (BRAIN) — Cane Creek Cycling Components has hired Ian Cross as their new director of sales. He started in the position on Monday.

Tagged People

BOULDER, Colo. (BRAIN) — VeloNews will produce the Official Guide to the Giro d'Italia stage race this year and in 2019.

Tagged Media/Publishing
Mike Mercuri of SRAM to receive BPSA Lifetime Achievement Award at next month's Bicycle Leadership Conference.
SRAM's Mike Mercuri will receive the Lifetime Achievement Award.

MONTEREY, Calif. (BRAIN) — Organizers of the Bicycle Leadership Conference have announced the agenda and speaker line up for the event, which is April 17-19 in Monterey, just before the Sea otter Classic.

Tagged Bicycle Leadership Conference / Sea Otter Classic

LAGUNA HILLS, Calif. (BRAIN) — Bicycle Retailer and Industry News has extended the submission deadline for new product information and news to include in the annual Sea Otter Classic Festival & Gear Guide. The new deadline is this Friday, March 9.

Tagged Sea Otter Classic
The 3T Strada.

BREMBATE, Italy (BRAIN) — 3T Bike America has announced a new U.S. sales and management structure to be headquartered in Toronto. The former general manager of 3T America, Dave Koesel, will be leaving the company after a transition period.

BLOOMINGTON, Minn. (BRAIN) — QBP is expanding its online sales training platform, called "U of Q." The platform includes video modules and short quizzes that help educate retail employees on selling a variety of brands. Current schools include: Salsa, Surly, 45NRTH, iSSi, and All-City.

CHARLOTTE, N.C. (BRAIN) — Pinarello US is a newly formed subsidiary of Cicli Pinarello and is led by company president, David Vigil. Gita Sporting Goods, Pinarello's longtime distributor in the U.S., will be "deeply involved" with the new subsidiary, said Giordana Andretta, the vice president of Gita.

AURORA, Ontario (BRAIN) — BionX Canada, the maker of retrofit e-bike conversion kits, has entered into receivership. Grant Thornton, a business and advisory firm, has taken over management of the company and all business activity has been suspended.

Tagged Distributor news / Electric bike

WASHINGTON (BRAIN) — The Trump administration's plans to sign sweeping tariff revisions next week could raise the price of imported steel by 25 percent and increase the cost of imported aluminum by 10 percent.

UPDATED: Canadian co-op carries five of Vista's brands. Meanwhile, Bell, Giro, Blackburn and CamelBak each address call for boycott on their websites.

VANCOUVER, British Columbia (BRAIN) — Five days after Mountain Equipment Co-Op publicly acknowledged that thousands of members had asked it to stop selling Vista-owned outdoor and bike brands, the Canadian retailer said Thursday morning that it is suspending further orders and selling through existing inventory.

OLYMPIA, Wash. (BRAIN) — The Washington state Legislature passed a three-class e-bike bill Tuesday night.

Tagged Electric bike / Advocacy/Non-profits

CANBERRA, Australia (BRAIN) — The notification that specific e-bike imports into Australia must pay a 5 percent surcharge took the nation’s bicycle industry by surprise. And no wonder. The official notification, issued Feb. 14, was buried at the bottom of the last page of a 14-page government document — underneath new tariff considerations for tools used in the slaughter of goats.

DUBAI (BRAIN) — Despite the ongoing turmoil throughout the Middle East, where arms sales generate conventions and attention, there is also interest in generating attention for bicycle and accessory sales.

Tagged Tradeshows and conferences

HARTFORD, Ct. (BRAIN) — The North American Handmade Bicycle Show this year has opened up voting for the People's Choice Award to everyone. Bike enthusiasts can vote for their favorite bike displayed at NAHBS online. The bike with the most votes will be named the official winner.

Tagged Awards / North American Handmade Bicycle Show

KENT, Wash. (BRAIN) — Accell North America, parent of Raleigh, iZip, Haibike, Diamondback and Redline, has hired Stuart Johnson as its chief marketing and digital officer, a new position created to support its recently launched omnichannel distribution program.

Tagged Omnichannel / People
On earnings call, company notes it's "cautiously optimistic" about its bike sales in 2018 and that inventory levels at OEs and aftermarket sales channels are "comfortable."

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp. reported Tuesday that overall sales increased 8.6 percent to $121.1 million in the final quarter of 2017. That's up from $111.6 million for the same period the year before. 

Tagged Earnings/Financial Reports

BOULDER, Colo. (BRAIN) — The International Mountain Bicycling Association (IMBA) and the Walton Family Foundation are partnering to present new Trail Labs educational programming and matching Trail Accelerator grants to bring more trails to communities across the U.S.

Tagged Advocacy/Non-profits
Seton Claggett

TUCSON, Ariz. (BRAIN) — Retail veteran Seton Claggett has been named managing director and lead consultant of Fortus, a firm focused on e-commerce and omnichannel consulting. Claggett will work with companies in the bike and outdoor industries.

Tagged Omnichannel / People

CEDAR PARK, Texas (BRAIN) — Fallbrook Technologies Inc., licensor and developer of NuVinci's continuously variable planetary transmission technology, has filed for Chapter 11 reorganization.

An image tweeted by @skibums supporting the Vista Outdoors boycott

VANCOUVER, British Columbia (BRAIN) — The debate over gun control in the wake of a mass shooting at a Florida high school has sent rippling waves that have reached the bike industry.

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