News

Posted May 29, 2012

Shimano giving away RD+ parts to T.E.C. users • VSI Products launching seven online stores with Shopatron • Health+Fitness Business Expo targets light commercial market

Posted in North America
Posted May 29, 2012

PORTLAND, OR (BRAIN) Tuesday May 29 2012 8:56 AM MT—The Lumberyard, the first indoor mountain bike park west of the Mississippi, has opened for business. A launch party with pro riders and a vendor expo is planned for 3-9 p.m. June 9.

Posted in Retail News
Posted May 25, 2012

Al Budris has been let go as president of Sidi America, he told friends in the industry this week.

"I was “restructured” out of Sidi America on Tuesday and the organization will be run from Italy," Budris said in an email.

Posted in North America Tagged People
Posted May 25, 2012

CLOPPENBURG, Germany (BRAIN) Friday May 25 2012 12:28 PM MT—Derby Cycle gained 17.3 percent in revenue in the first half of its financial year, led by significant growth in e-bike sales, according to an earnings report issued Friday.

Posted in North America Tagged Earnings/Financial Reports
Posted May 24, 2012

Utah high school league off to record start • Saris to offer brats and bike parking at Brat Fest • Volkswagen sponsors KOM prize at professional championships

Posted in North America
Posted May 24, 2012

LAGUNA HILLS, CA (BRAIN) Thursday May 24 2012 3:28 PM MT—The bike business in Europe is showing resilience despite daily headlines on the continent’s turbulent economy that are bound to push buying to the back of some consumers’ minds.

Posted in International
Posted May 24, 2012

OSTERMUNDIGEN, Switzerland (BRAIN) Thursday May 24 2012 3:06 PM MT—The International Olympic Committee has relaxed rules for branding on bikes used in the Olympics, lifting a rule that restricted bikes to having just one logo of no more than 60 square centimeters (about 3 inches squ

Posted in North America Tagged Racing & Sponsorship
Posted May 24, 2012

MONTREAL (BRAIN) Thursday May 24 2012 10:40 AM MT—Dorel Industries’ chief executive Martin Schwartz told company shareholders Thursday morning that he expect Dorel’s fast growing bike business to keep moving ahead at the same pace this year.

Posted in North America Tagged Earnings/Financial Reports
Posted May 24, 2012

MILWAUKEE, WI (BRAIN) Thursday May 24 2012 8:54 AM MT—Armed with just $5,000 and a couple dozen donated bikes, Evan Pack launched his new downtown Milwaukee bicycle collective/shop, Vulture Space, in conjunction with Bike to Work Week this month.

Posted in Retail News
Posted May 23, 2012

Micah Rice promoted at USAC • 4iiii shipping $150 heads-up device • Nuun introduces all-day hydration tabs • Profile wheels approved by UCI • Gran Fondo New York offers reimbursement insurance

Posted in North America
Posted May 23, 2012

HEERENVEEN, Netherlands (BRAIN) Wednesday May 23 2012 8:47 AM MT—Accell Group N.V. has completed the purchase of all issued shares in Raleigh Cycle Limited, the company announced Wednesday.

Posted in North America Tagged Mergers & Acquisitions
Posted May 23, 2012

PLOVDIV, Bulgaria (BRAIN) Wednesday May 23 2012 5:53 AM MT—Dahon has begun producing bikes for the European market in Bulgaria through a partnership with local manufacturer Maxcom.

Posted in International
Posted May 22, 2012

WATERLOO, WI (BRAIN) Tuesday May 22 2012 7:35 PM MT—Trek Bicycle informed dealers in a letter this month that it will discontinue its cruiser line for model year 2013 and reallocate resources into stronger performing segments.

Posted in Product/Tech
Posted May 22, 2012

Washington leads bike-friendly states ranking • Shimano Europe donates €50k to Make-A-Wish • Minnesota high school leagues readies for debut

Posted in North America
Posted May 22, 2012

BATH, United Kingdom (BRAIN) Tuesday May 22 2012 1:15 PM MT—Future media group revenue fell 11 percent in the half-year ending March 31 although its digital business was a bright spot with iPad sales and digital advertising both on the rise, according to an earnings report released

Posted in North America Tagged Earnings/Financial Reports
Posted May 22, 2012

DUBLIN, Ireland (BRAIN) Tuesday May 22 2012 12:20 PM MT—Ireland’s first cycling show will return for a second year after a successful showing last weekend in Dublin.

Posted in North America Tagged Tradeshows and conferences
Posted May 22, 2012

JAKARTA, Indonesia (BRAIN) Tuesday May 22 2012 9:05 AM MT—Schwalbe has expanded its factory in Indonesia and is now producing its own tubulars at the 80,000-square-meter (861,000-square-foot) plant in Jakarta.

Posted in International

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