News

Posted May 1, 2012

OAKVILLE, Ontario (BRAIN) Tuesday May 1 2012 8:56 AM MT—Continuing a growth streak, Canadian retailer Gears recently held a grand opening for its third location.

Posted in Retail News
Posted April 30, 2012

NEW YORK, NY (BRAIN) Monday April 30 2012 6:13 PM MT—Bike Expo New York will bring in about 90 exhibitors in this Thursday through Saturday in advance of the city’s popular TD Five Boro Bike Tour.

Posted in North America Tagged Consumer Expos and Rides
Posted April 30, 2012

BRUSSELS, Belgium (BRAIN) Monday April 30 2012 2:45 PM MT—The European Commission has launched an investigation to determine whether the EU bicycle market is being threatened by lower cost Chinese products imported from government-subsidized manufacturers.

Posted in International
Posted April 30, 2012

OSAKA, Japan(BRAIN) Monday April 30 2012 2:07 PM MT—A warm winter in Europe and North America pushed Shimano’s bicycle component sales to $619.7 million ($49.808 billion Yen) over the first quarter, up from $507.5 million ($40.792 billion Yen) last year, a 22 percent increase.

Posted in North America Tagged Earnings/Financial Reports
Posted April 30, 2012

Boulder indoor velodrome closing suddenly • National Bike Challenge kicks off Tuesday • Ontario group announced Bicycle Friendly Community Awards • USA Cycling makes deal with hotel group

Posted in North America
Posted April 30, 2012

Tenth Ride of Silence planned for May 16 • Interbike works with ARTCRANK to make ads for 2012 event • 'Ride Before the Pros' planned prior to ATOC finale • Pennsylvania House gets bike friendly rep • Maxxis updates DHR with new tread design

Posted in North America
Posted April 27, 2012

CLOPPENBURG, Germany (BRAIN) Friday April 27 2012 3:05 PM MT—Derby Cycles’ license to sell Raleigh in parts of Europe will continue even as one of its primary competitors, Accell Group, takes over ownership of the British brand.

Posted in North America Tagged Mergers & Acquisitions
Posted April 27, 2012

Florida dealers association donates decals for police cars • Tern partners with Munich Transport Authority • Illinois judge rejects 'Amazon tax'

Posted in North America
Posted April 27, 2012

HELSINKI, Finland (BRAIN) Friday April 27 2012 11:06 AM MT—Amer Sports, parent company of Mavic, is reporting a net sales increase of about 7 percent in the first quarter.

Posted in North America Tagged Earnings/Financial Reports
Posted April 26, 2012

Eastern Bikes adds dealer locator to website • Paul Turner hosts bike race on Hawaii property • LAVA magazine to make newsstand debut next month • SRAM extends Tour of the Gila sponsorship • Raleigh offers bike-to-school scholarships in Ohio

Posted in North America
Posted April 26, 2012

BRUSSELS, Belgium (BRAIN) Thursday April 26 2012 4:44 PM MT—E-bikes with a motor output of up to 500 watts and pedal assistance of up to 25 kilometers will now be classified as bicycles instead of mopeds in Switzerland.

Posted in International
Posted April 26, 2012

BUNNIK, the Netherlands (BRAIN) Thursday April 26 2012 4:41 PM MT—A consumer survey conducted by Dutch trade organization BOVAG found that 84 percent of shoppers prefer to buy new bikes at a specialist bike shop.

Posted in Studies/Reports
Posted April 26, 2012

BOULDER, CO (BRAIN) Thursday April 26 2012 10:51 AM MT—Hugh Walton is joining Mavic, Inc., the brand's U.S subsidiary, as general manager.

Posted in North America Tagged People
Posted April 26, 2012

WASHINGTON, DC (BRAIN) Thursday April 26 2012 9:55 AM MT—Raleigh America president Steve Meineke said the brand's acquisition by Accell Group will allow it to return to the top tier of U.S. bike brands.

Posted in North America Tagged Mergers & Acquisitions
Posted April 26, 2012

LONDON, UK (BRAIN) Thursday April 26 2012 6:15 AM MT—Accell Group NV has completed its purchase of Raleigh Cycle Ltd., one of the oldest and largest bike companies in the world, for about $80 million.

Posted in North America Tagged Mergers & Acquisitions
Posted April 25, 2012

SHANGHAI, China (BRAIN) Wednesday April 25 2012 8:55 PM MT—The China Cycle Show starts Thursday in Shanghai in its largest form ever with 5,900 booths and 1,300 exhibitors in 1.3 million square feet of space at the city’s New International Expo Center.

Posted in North America Tagged Tradeshows and conferences
Posted April 25, 2012

DISS, UK (BRAIN) Wednesday April 25 2012 1:20 PM MT—Steve Domahidy, a co-founder and former head of R&D at Niner Bikes, has joined bf1systems, a British motorsports company that last year introduced an innovative road bike prototype, the Factor 001.

Posted in North America Tagged People
Posted April 25, 2012

CLOPPENBURG, Germany (BRAIN) Wednesday April 25 2012 11:48 AM MT—Derby Cycle AG's chief financial officer Uwe Bögershausen is stepping down May 31 and will be replaced by Reiner Brüls. Brüls was most recently CFO of J. Müller AG, Brake.

Posted in North America Tagged People
Posted April 25, 2012

Obama designates Sea Otter venue a National Monument • Participation in outdoor recreation hits highest level in five years • 2XU supplies Omega Pharma-Quick Step with compression gear

Posted in North America
Posted April 24, 2012

Earth Day honor for Spokesman Cycles owner • Eastern Mountain Sports triples size of Manchester, Conn., store • Polar has new president, launches Tour de France computer • FSA and Vision official Giro d'Italia partners

Posted in North America

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