CENTRAL ISLIP, NY (BRAIN)—Dorel Industries purchased Iron Horse Bicycle Company for $5.2 million in an auction Monday in federal bankruptcy court. The deal is scheduled to close on Wednesday.
Dorel owns Pacific Cycle, along with Cannondale, GT, Mongoose and Schwinn brands.
NEWPORT BEACH, CA (BRAIN)—A Newport Beach foundation will become the first to offer “European style” bike-sharing in Orange County, allowing users to grab a bike at one bike station and leave it at another, according to the Orange County Register.
Click on link for full story.
SNOWBIRD, UT (BRAIN)—Ask any retailer attending the Specialized Dealer Event “how’s business” and you get a reasonably consistent answer—it’s good, but…and it’s the “but” that sparks conversations ranging from the “fixie” culture to Internet sales to selling a $13,800 DeRosa.
CENTRAL ISLIP, NY (BRAIN)—Pacific Cycle has asked the judge in the Iron Horse bankruptcy case to throw out an eleventh-hour offer for Iron Horse from Kent International, a New Jersey-based bicycle company that sells primarily in the mass market.
SNOWBIRD, UT (BRAIN)—Dealers from around the country arrive today at this four-season resort tucked in Utah’s Wasatch Range for three days of meetings and riding at the annual Specialized Dealer Event.
TEMPE, AZ (BRAIN)—BH Bikes has teamed up with cycling legend Frankie Andreu to bring cyling fans a unique perspective on the Tour de France. “The Frankie Files,” Andreu’s blog in conjunction with BH Bikes, launched on July 4.
PORTLAND, OR (BRAIN)—With cycling emerging as the smart, green choice for daily transportation, the need for well-considered, versatile multi-purpose bikes is becoming increasingly relevant.
IRVINE, CA (BRAIN)—Vital Media Network has launched a new Web site callled VitalMTB.com.
FRIEDRICHSHAFEN, Germany (BRAIN)—Next year the industry’s leading international trade show, Eurobike, will move a week earlier on the trade show calendar. The show’s first day, Demo Day, will be Aug. 24. The final day of the show will be Saturday, Aug. 28.
SPEEDWAY, IN (BRAIN)—Leading up to its sixth edition, the North American Handmade Bicycle Show (NAHBS) has seen strong exhibitor registration numbers as frame builders and other exhibitors react positively to Richmond, Virginia as its 2010 venue.
Talk about a fork in the road. SmartEtailing's Mark Graff picked this durable little accessory up out on a morning road ride earlier this week. Needless to say, Graff managed to escape the fork incident unscathed, and armed for breakfast.
BOULDER, CO (BRAIN)—Veltec Sports has launched a new Business To Business Web site.
With this new system, Veltec offers its dealer network instant insight into inventory levels, order placement and fulfillment and tracking.
EVANSTON, IL (BRAIN)—Lake Cycling continues to build its outside sales rep force with the addition of two more industry veterans to represent the brand in Florida, Utah, Wyoming, Idaho and Montana.
IRVINE, CA (BRAIN)—Felt Bicycles bolstered its marketing team with the addition of media and communications veteran Kip Mikler. The former editor of VeloNews brings more than a decade’s worth of experience in cycling journalism and communications to Felt.
SAN JUAN CAPISTRANO, CA (BRAIN)—Interbike is collaborating with the BMX industry to produce an urban riding competition and a special BMX section in its official trade show guide to promote the category during Interbike 2009 at the Sands Convention Center in Las Vegas, September 23-25.
SCOTTSDALE, AZ (BRAIN)—Velo Vie Bicycles is introducing the Velo Vie Dealer Network in the United States as a result of IBD demand.
REDONDO BEACH, CA (BRAIN)—Belgium Knee Warmers’ Padraig has announced the launch of a new blog called Red Kite Prayer (click on link).
SPEEDWAY, IN (BRAIN)—Giant Japan will distribute Zipp Speed Weaponry products in the Japanese market.
PORTLAND, OR (BRAIN)—Cycle Dog, owned by Lanette Fidrych, is a relatively new company that makes dog leashes and collars out of old bike inner tubes.
DAYTON, OH (BRAIN)—System Cycle Supply will host its first annual 2009 System Symposium Open House Friday, August 7 through Saturday, August 8. This event is open to bicycle retailers and representatives.