News

Posted March 29, 2017

CAPE TOWN, South Africa (BRAIN) — Protective gear maker Leatt Corporation recorded sales of $16.4 million last year, down from $18.3 million the year before. The company recorded a net loss of $455,000 last year.

The company is headquartered in South Africa and its stock is traded on OTCQB market. 

Posted in International Tagged Earnings/Financial Reports
Posted March 29, 2017

TREVISO, Italy (BRAIN) — The private equity firm L Catterton has closed on the transaction to purchase a majority stake in Pinarello, an investment the companies announced last December.

Posted in International
Posted March 28, 2017

WASHINGTON (BRAIN) — Look Cycle is recalling about 800 Look Cycle Aerostems sold separately or as original equipment on some road bikes from model year 2014 through 2017. The carbon fiber stems have stainless steel clamps that can corrode and break, according to the U.S. Consumer Product Safety Commission.

Posted in Recalls
Posted March 28, 2017

CHICAGO (BRAIN) — SRAM has promoted Riki Bloomquist to the newly established technical training manager position. Bloomquist began with SRAM in 2010 as a dealer service representative and most recently served as a training specialist.

Posted in Industry News
Posted March 28, 2017

MELBOURNE, Australia (BRAIN) — Dutch Cargo Bike, an Australian distributor of cargo and urban bikes —  has taken over all responsibility for distributing Tern bicycle in Australia, effective this month.

Posted in International Tagged Distributor news
Posted March 28, 2017

WASHINGTON (BRAIN) — A handful of retailers joined NBDA and PeopleForBikes executives to visit a dozen congressional office here last week. The group talked to policy makers about the impact of the bike industry and about the NBDA's priorities.

Posted in Retail News
Posted March 28, 2017
Adidas also announces new lifestyle/technical sunglass, the Horizor.

SAN FRANCISCO (BRAIN) — Echos Communications has announced that it will serve as the North American public relations agency of record for Adidas Sport Eyewear.

Posted in North America
Posted March 27, 2017

SEATTLE, Wash. (BRAIN) — RacerMate Inc., which announced this month that it would stop making its CompuTrainer stationary trainers, is establishing a membership program to ensure that current trainer owners will be able to get replacement parts "virtually indefinitely."

Posted in North America
Posted March 27, 2017

SENNFELD, Germany (BRAIN) — Susanne Puello, a long-time managing director of the Winora Group, is leaving the company, citing "Irreconcilable differences regarding the new reorganization activities ('refined strategy') of the Dutch Accell Group." Accell Group is the parent of Winora, which manages the Haibike, Sinus

Posted in International
Posted March 27, 2017

VANCOUVER, British Columbia (BRAIN) — Ventum, a high-end triathlon bike brand, is the latest bike company to join the Velofix Direct program. Velofix mobile repair operations will assembly and deliver Ventum bikes ordered online. 

Posted in North America Tagged Mobile service
Posted March 27, 2017

VENTURA, Calif. (BRAIN) — Zeitbike is now the exclusive U.S. distributor of Full Windsor, a multi-tool brand from Leeds, U.K. Full Windsor had previously been distributed by several other U.S. distributors.

Posted in North America Tagged Distributor news
Posted March 24, 2017
Spinlister expands its bike-shop program with agreement with nation's largest bike rental provider.

SAN FRANCISCO (BRAIN) — Spinlister, which began as an online peer-to-peer bike rental platform (something like Airbnb for bikes) has signed a long-term agreement with Blazing Saddles, which may be the country's largest bike rental operation.

Posted in Retail News
Posted March 24, 2017

AUSTIN, Texas (BRAIN) — Spin, a San Francisco-based bike share company, is launching a new bike share system here that requires no kiosks, or stations. Riders — who can borrow a bike for $1 per ride — can pick up and leave a bike almost anywhere. 

Posted in North America
Posted March 24, 2017
A riders at the Crankworx Whistler women's session. Liv photo.

NEWBURY PARK, Calif. (BRAIN) — Liv Cycling is inviting female riders to enjoy an exclusive trail session alongside sponsored Liv athletes and ambassadors during next week's Crankworx Rotorua in New Zeland.

Posted in International
Posted March 24, 2017
Lintaman is seeking distributors in U.S., U.K. and Australia.

TAIPEI, Taiwan (BRAIN) — Lintaman, a new brand based in Taichung, Taiwan, is now working with PowWord Communications, a U.S. marketing communications firm owned by industry veteran Tim Jackson. 

Posted in International Tagged Taipei Cycle Show
Posted March 24, 2017

HANGZHOU, China (BRAIN) — Herrmans has announced that China Star Union is now the brand's agent in China for e-bike components.

Headquartered in Hangzhou, China Star Union has five sales offices throughout China. The company is a leading supplier of controllers, throttles, and displays for e-bikes.

Posted in International Tagged Electric bike
Posted March 24, 2017
The new Model 1c.

SAN FRANCISCO (BRAIN) — Volata Cycles, which received boatloads of media attention last year with the launch of its Model 1 smart bike, is launching a second model, the Model 1c, which will be delivered to U.S. consumers by Velofix mobile repair operations, where available.

Posted in North America Tagged Mobile service
Posted March 24, 2017
The line includes "mini velos" with small wheels.
The Tern Surge LTD7 is a limited edition model.

TAIPEI, Taiwan (BRAIN) — Tern is now distributing its non-folding bike line, Roji, to markets outside of Japan.

Posted in International Tagged Taipei Cycle Show
Posted March 24, 2017

PENTICTON, British Columbia (BRAIN) — Podium Imports has been appointed the exclusive Canadian distributor for Steadyrack bike storage systems.

Posted in Product/Tech
Posted March 24, 2017
A rider on Colorado's Monarch Crest. IMBA photo.

BOULDER, Colo. (BRAIN) — After a year on hold, IMBA is relaunching its Model Trails program, which recognizes outstanding mountain bike trails and locations. Trails are awarded with Epic designations and gold, silver and bronze-level Ride Center designations.

Posted in North America Tagged Advocacy/Non-profits

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