MONTREAL, Quebec (BRAIN)—Dorel Industries purchase of Iron Horse Bicycle Company for $5.2 million "brings depth to our mountain bike offerings," according to Robert Baird, president of Dorel's Recreational/Leisure segment.
Dorel already owns Cannondale, GT, Mongoose and Schwinn brands.
SALT LAKE CITY, UT (BRAIN)—Kim Peterson is ready to leave this 200,000-square-foot warehouse that’s been Specialized’s distribution backbone in the West. But he still has a few more months to wait.
SAN JUAN CAPISTRANO, CA (BRAIN)—The Outdoor Retailer Summer Market trade show will feature a Bikeshare Program, presented by Swobo.
SALT LAKE CITY, UT (BRAIN)—3point5, Inc., the parent of 3point5.com (the online campus for retail sales people) is changing its name to SwarmBuilder, Inc. and launching a new corporate site, SwarmBuilder.com.
VANCOUVER, British Columbia (BRAIN)—Norco Bikes’ 2010 line-up reflects the growing trend toward sustainability and commuting with a new lifestyle series and an updated line of urban bikes.
SNOWBIRD, UT (BRAIN)—Ask John Thompson, Specialized’s national sales manager, how the economy is affecting business and he laughs. It’s all about the weather, Thompson said during a brief break over lunch during the company's Dealer Event.
BOULDER, CO (BRAIN)—Felix Magowan was cleaning out his office Tuesday ending a 22-year career at VeloNews, a struggling magazine he and two others bought in 1988. They ultimately transformed it into one of the dominant cycling news magazines in the world.
CARY, NC (BRAIN)—League of American Bicyclists board member Bruce Rosar died over the weekend, colliding with a car while riding his bike in Apex, North Carolina.
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.
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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.