BY MEGAN TOMPKINS
MINNEAPOLIS, MN—As a commodities trader Ed Vigil has spent his career diversifying portfolios to manage risk.
He applied that diversification strategy to his bike business by creating a corporate division servicing the premiums and incentives industry.
BY MATT WIEBE
MORGAN HILL, CA—What does the industry see as the next big thing?
BOULDER, CO (BRAIN)—Gruppo Bici N.A. has acquired Italian bicycle brands Galmozzi and Lygie from Atala S.p.A. The company also plans a series of reproduction frameset classics under its Atala, Cicli Italia, Galmozzi, Lygie, Maino and Umberto Dei brands. Terms of the acquisition were not disclosed.
FLETCHER, NC (BRAIN)—Cane Creek has made staffing changes within the sales and marketing department to improve communications and customer service with its customers.
GRAND JUNCTION, CO (BRAIN)—DT Swiss U.S. sales and marketing manager Kenny Roberts has decided to step down from his position in order to pursue educational goals.
His last day will be July 31. He has been with the company for more than five years.
NOVATO, CA (BRAIN)—Marin Bikes is partnering with UK brand Mezzo Bikes to distribute three models of folding bikes in the United States.
"Think Tallboy, 29er carbon frame, under 5 pounds. Maybe something else too."
—Santa Cruz Bicycles owner Rob Roskopp when asked what Santa Cruz will unveil at this year's Interbike, in a recent Q&A that will appear in the August 1 issue of Bicycle Retailer and Industry News.
"Btw, sorry we were late for the sign on this am. It was [Ben] Stiller's fault!!"
—Lance Armstrong tweeting before yesterday's Tour de France stage, where his team (Astana) was fined $92 for being late.
RANCHO DOMINGUEZ, CA (BRAIN)—KHS Distribution has signed on as the first distributor of the Okole Stuff chamois ointments.
Translated as "Butt Stuff" in Hawaiian, Okole Stuff was born out of the need to have maximum comfort for hours in the saddle, that only a 24 Hour Champion like Pua could create.
VANCOUVER, British Columbia (BRAIN)—OHM Cycles has expanded its marketing efforts into Europe, looking to capitalize on the continent's increasing consumer interest in power-assisted bicycles.
LAGUNA NIGUEL, CA (BRAIN)—If attendee feedback is any indication, then the first annual PressCamp, held June 23–25 in Sun Valley, Idaho, was podium-worthy.
"The older you do get the more rules they're gonna try to get you to follow. You just gotta keep livin' man, L-I-V-I-N."
—David Wooderson in "Dazed and Confused."
PORTLAND, OR (BRAIN)—Portland is once again considering a bicycle sharing program, this time with user fees and better bikes.
Click on link for full story.
WOFFORD HEIGHTS, CA (BRAIN)—Bionicon USA has moved its headquarters to the Kern River Valley in the town of Wofford Heights.
The new address:
6511 Wofford Blvd
Wofford Heights, CA 93285
PORTSMOUTH, NH (BRAIN)—A new Trek Bicycle Store opened recently in the historic seacoast town of Portsmouth, New Hampshire.
Retailer Scott Berger and two business partners opened Trek Portsmouth early last month after about a year of planning.
BOULDER, CO (BRAIN)—VeloNews.com’s editor, Steve Frothingham, delivered several insightful comments about the state of newsgathering, Twitter, and Lance Armstrong in an article published Wednesday in Editor & Publisher.
BETHESDA, MD (BRAIN)—The Consumer Product Safety Commission cemented its decision this week to grant the bicycle industry a two-year stay of enforcement against a new lead limit law.
CENTRAL ISLIP, NY (BRAIN)—A federal judge on Wednesday slightly modified the bid procedures for the upcoming auction of bankrupt Iron Horse Bicycle Company.
Big shout out to Jet Blue Airways, which is waiving its $50 checked bike fee for the month of July in celebration of the Tour de France.