Industry News

HEERENVEEN, Netherlands (BRAIN) — Accell Group expects revenue for full-year 2013 to be up compared with 2012 despite lower preseason sales and rampant product discounting at the end of the season. 

Tagged Earnings/Financial Reports

TORONTO, Ontario (BRAIN) — Onex Corp., which owns Interbike, Outdoor Retailer and Bicycle Retailer, is reporting a sales increase of 16 percent to $7.1 billion in its third quarter compared with the same period of the prior year.

Tagged Earnings/Financial Reports

SEATTLE, WA (BRAIN) — Redline Bicycles has launched a redesigned website, www.redlinebicycles.com, that the company said features numerous technical upgrades and presents the 2014 product line in a more dynamic fashion.

FULLERTON, CA (BRAIN) — The 10th annual Tour de Tryptophan returns to Fullerton, California, the day after Thanksgiving.

Tagged Advocacy/Non-profits

WEST HOLLYWOOD, CA (BRAIN) — Ergon USA, distributor of Ergon International’s line of grips, saddles, packs, seatposts and pedals, has hired Uncommon Communications to handle its public and media relations efforts. 

This giant Eggbeater pedal actually works.

LAGUNA BEACH, CA (BRAIN) — Crankbrothers has streamlined its range of cockpit components and paired-spoke tubeless wheels for 2014—a welcome development for retailers suffering from SKU overload—and is offering its alloy wheelsets at more competitive price points.

WASHINGTON, D.C. (BRAIN) — Seventeen new campuses made it onto the League of American Bicyclists’ bike-friendly universities, which now includes 75 colleges in 32 states and Washington, D.C. 

For the first time, every UCI commission has at least one woman member.

COLORADO SPRINGS, CO (BRAIN) — Seven Americans have been appointed to nine positions on commission at the international cycling union, UCI.

Tagged Racing & Sponsorship
The news is still not great, but 29er sales actually grew a bit.

BOULDER, CO (BRAIN) — Overall IBD sales were down 6 percent, not 11 percent.

BEND, OR (BRAIN) — Twenty-two years after racing with him on Team Z, Paul Willerton is teaming up with Greg LeMond again, at LeMond's new Minneapolis-based bike company.

PAAL-BERINGEN, Belgium (BRAIN) — Ridley co-owner and CEO Jochim Aerts and an investment group have bought out the Kumpen family's share of the Belgium bike brand.

Tagged Mergers, Acquisitions & Investments

COLORADO SPRINGS, CO (BRAIN) —  Gina Kavesh and Dorothy Nichols have been elected to fill two vacant positions on the USA Cycling Board of Directors, USAC announced this week.

BLOOMINGTON, MN (BRAIN) — Quality Bicycle Products is putting the final touches on a new in-house brand of accessories called MSW.

Tagged Distributor news

CHICAGO, IL (BRAIN) — RentaBikeNow.com, a nationwide bike rental network that helps cyclists find and rent bikes when traveling, has added direct deposit to its payment services so that bike rental payments are made directly into bike shop accounts. 

BALTIMORE, MD (BRAIN) — Sports clothing brand Under Armour has paid $150 million for MapMyFitness, the digital fitness mapping company that claims to have more than 20 million registered users. 

Tagged Mergers, Acquisitions & Investments

BOULDER, CO (BRAIN) — Active Americans are more optimistic and more likely than the general population to spend big this holiday season, according to a Leisure Trends' survey of its Most Active Americans Panel. 

BOULDER, CO (BRAIN) — The Outdoor Industry Association is reporting flat sales of outdoor products last month compared withthe same month last year. However, the OIA said sales of bikes and bike equipment through sportings goods retailers increased during the month.

ST. CHARLES, IL (BRAIN) — Bike computer maker Sigma has received an award from the group that supports use of the ANT+ wireless protocol.

Tagged Awards

PORTLAND, OR (BRAIN) — Friends and supporters of Portland framebuilder Christopher Igleheart are planning an event to help Iglebeart with medical bills resulting from a broken leg. Igleheart was hit by a car while riding his bike home recently. 

BOSTON, MA (BRAIN) — BMC Switzerland has added a social platform to its monthly electronic magazine, allowing BMC owners to share photos of their bikes, tell stories and more via social media. 

Tagged Web/Internet

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