News

Posted May 12, 2011

Chicago, Ill (BRAIN)—SRAM International Corporation could raise up to $300 million in an initial public offering, according to a preliminary prospectus filed today with the Securities and Exchange.

Posted in North America Tagged Earnings/Financial Reports
Posted May 11, 2011

Larry Pizzi, Currie’s President, presented two IZIP Express Police Edition electric bicycles on Thursday to LAPD Deputy Chief, Terry S. Hara and Sgt. Matthew Bygum, officer in charge of the LAPD Bicycle Coordination Unit and Lieutenant Dana Berns, officer in Charge of LAPD Training Division.

Posted in North America
Posted May 11, 2011

CINCINNATI, Ohio (BRAIN)—Giant Bicycle general manager Elysa Walk is the inaugural guest on a new quarterly webinar featuring executive level women in the outdoor industry.

Posted in North America Tagged Web/Internet
Posted May 11, 2011

RIVERSIDE, CA (BRAIN)—Southern California specialty retailer Jenson USA has been named to Internet Retailer's "Top 500" list of America's largest e-retailers.

Posted in Retail News
Posted May 11, 2011

BLOOMINGTON, MN (BRAIN)—Erik’s Bike and Board opened its 18th location this month with a new store in Eau Claire, Wisconsin.

After months of construction work, the new shop opened as the exclusive Specialized Elite shop in Eau Claire and the only shop offering Body Geometry equipment and apparel.

Posted in Retail News
Posted May 11, 2011

MELBOURNE, Australia (BRAIN)—Australia import figures for the month of March show a continued slow trend in children’s bikes, while adult bikes remained steady, according to data released by the nonprofit Cycling Promotion Fund.

Posted in North America Tagged Earnings/Financial Reports
Posted May 10, 2011

VISTA, CA (BRAIN)—Canari Cyclewear has moved its custom department into a new building in order to keep up with demand from the fast growing division.

Posted in North America
Posted May 10, 2011

DES MOINES, IA (BRAIN)—Don Benson, longtime leader of the Register’s Annual Great Bicycle Ride Across Iowa (RAGBRAI) died May 8 of pancreatic cancer.

He was 82.

Posted in North America Tagged People
Posted May 10, 2011

BRIGHTON, MI (BRAIN)—In its fifth year, the Island Lake Spring Bike Demo in Brighton, Michigan, drew hundreds of consumers this past Saturday who rode demo bikes from Trek, Specialized, Giant, Cannondale, Felt and Jamis.

Posted in Retail News
Posted May 10, 2011

On Sunday, Giant is partnering with the city of Boston to celebrate the start of Boston Bike Week.

Posted in North America
Posted May 10, 2011

BEAVERTON, Oregon (BRAIN)— Yakima announced a reorganization of senior management on Tuesday, eliminating the position of CEO Jerry Heinlen.

Posted in North America
Posted May 9, 2011

If you missed Universal Sports' special tribute to Belgian cyclist Wouter Weylandt last night, you can see it online at www.universalsports.com/cycling

Posted in North America
Posted May 9, 2011

TORONTO, Ontario (BRAIN)—With its pending purchase of the Forzani Group, Canadian Tire Corporation will grow to more than 1,000 retail sports outlets across the country.

Posted in North America Tagged Mergers & Acquisitions
Posted May 9, 2011

AUGUSTA, Maine (BRAIN)—A bill that sought to impose a 2 percent surcharge on new bike sales in Maine was recently defeated in committee, and after being presented to the full legislature last week, was placed in legislative files as dead.

Posted in North America
Posted May 9, 2011

VANCOUVER, Canada (BRAIN)—With coffee mugs sitting where they left them, 12 former Race Face employees are back at their old jobs under the company’s new majority owner, Chris Tutton, who purchased Race Face from its receiver, Grant Thornton, last week.

Posted in North America Tagged Mergers & Acquisitions
Posted May 9, 2011

VISTA, CA—Electra co-founder and creative director Benno Baenziger is leaving his position at the company, effective this month. He will continue as a shareholder and member of Electra’s board of directors, while exploring new ventures.

Posted in North America Tagged People
Posted May 9, 2011

VANCOUVER, Canada (BRAIN)—With coffee mugs sitting where they left them, 12 former Race Face employees are back at their old jobs under the company’s new majority owner, Chris Tutton, who purchased Race Face from its receiver, Grant Thornton, last week.

Posted in North America Tagged Mergers & Acquisitions
Posted May 9, 2011

WATSONVILLE, CA (BRAIN)—Sales at Fox Racing Shox hit $42.9 million through March 2011, an increase of 31 percent over last year’s sales of $32.7 million, and exceeding the company’s expectations, according to Compass Diversified Holdings first quarter report.

Posted in North America Tagged Earnings/Financial Reports
Posted May 8, 2011

DENVER, CO (BRAIN)— Rudy Project North America has launched its redesigned website at www.rudyprojectusa.com.

Posted in North America Tagged Web/Internet
Posted May 8, 2011

FRIEDRICHSHAFEN, Germany (BRAIN)—Research released by Eurobike shows that more than 4.1 million Germans buy a new bike every year, and nearly 70 percent of those purchases are made at one of 5,640 specialty retail stores.

Posted in International

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