ST.PAUL, MN (BRAIN)—Three-time Tour de France winner Greg LeMond and Trek Bicycle Corporation have settled their 22-month breach of contract dispute, avoiding a jury trial that was scheduled to begin on March 1.
GRENCHEN, Switzerland (BRAIN)—BMC Trading Company has filled two positions for head of sales and global head of marketing.
MELBOURNE, Australia (BRAIN)—Former industry publisher, David Priestley, after being away from publishing, is returning to the industry with the Web site, Bike Trade News. It officially launches Monday, February 15.
POZZOLEONE, Italy (BRAIN)—Selle Royal S.p.A. has signed a binding agreement to purchase a majority interest in Justek, the largest bicycle saddle manufacturer in China.
BY NICOLE FORMOSA
BY ALAN COTÉ
"He was kind of like, I'm taking this, showed me the gun, and (said), 'If you don't want to get hurt, let me go.'"
SPEEDWAY, IN (BRAIN)—EnergySport Norge AS of Roskilde, Denmark is now an authorized distributor of Zipp products in the Norwegian market.
GREENVILLE, SC (BRAIN)—Hincapie Sportswear has hired Will Mahler as retail sales representatives for the brand in Pennsylvania, Maryland, Virginia and the District of Columbia.
INDIANAPOLIS, IN (BRAIN)—The North American Handmade Bicycle Show has signed a one-year title sponsorship deal with Shimano American Corporation. The updated title of the event will now be called the Shimano North American Handmade Bicycle Show.
BRUSSELS, Belgium (BRAIN)—A newly published economic study compiles hard data on the state of the bicycle industry in Europe for the first time.
"If you want to read a real history book, read Howard Zinn's 'People History of the United States.' That book will knock you on your @ss."
WASHINGTON, D.C. (BRAIN)—A new report by the Alliance for Biking & Walking shows that lack of investment in biking and walking could be contributing to higher traffic fatalities and chronic disease rates in the U.S.
LOUISVILLE, KY (BRAIN)—Huffy Corporation has sued Cafepress.com, maker of custom T-shirts and other items, over alleged trademark infringements.
MILAN, Italy (BRAIN)—Look has taken over sales and marketing of its brand in Italy with the opening of a wholly owned subsidiary located near Milan.
INDIANAPOLIS, IN (BRAIN)—Zipp Speed Weaponry is moving into a new 70,000 square-foot manufacturing and customer service center on Indianapolis' northwest side this July.
BURLINGTON, NC (BRAIN)—Pro Feet has hired Matt Judge to handle sales, marketing and product development for the brand.
He brings a solid resume of brand experience to the company, having worked for Columbia Sportswear, Rockport footwear and Pearsox.
MANCHESTER, NH (BRAIN)—The Bike Cooperative has added DK Bicycles as a new supplier partner, giving the cooperative a total of 17 supporting vendors to date. Effective immediately, members of the cooperative earn rebates on all purchases of DK products.
CLEVELAND, OH (BRAIN)—Fast Track Cycling, Inc., a Cleveland-based, non-profit 501(c) (3) organization, has entered into a real estate purchase option agreement with the city of Cleveland to acquire a nine-acre vacant site formerly occupied by St. Michaels Hospital in Slavic Village.