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Store closings expected. CEO says ASI brands, including Fuji, SE, Kestrel and Breezer, "will survive."

CHAPEL HILL, N.C. (BRAIN) — Advanced Sport Enterprises, the 2-year-old company that is parent to the Performance Bicycle retail chain, Bike Nashbar and distributor ASI, filed for Chapter 11 bankruptcy protection Friday morning.

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LAKE FOREST, Ill. (BRAIN) — Tenneco Inc., a publicly traded U.S. automotive company with annual sales over $9 billion, has agreed to buy Öhlins, a Swedish suspension company that offers some bicycle products in addition to suspension for the motorsports industry.

OREFIELD, Pa. (BRAIN) — Olympic cycling medalist Marty Nothstein has conceded defeat in a special election being held to fill a vacant U.S. House seat. 

LAGUNA BEACH, Calif. (BRAIN) — Crankbrothers has hired Megan Tompkins as its new global marketing director.

MINNEAPOLIS (BRAIN) — Gene Oberpriller has lived or worked, or both, in the historic building in downtown Minneapolis where his shop, One on One Bicycle Studio, is located, since 1989.

Cervelo's display at Interbike in 2017.

AIMERE, Netherlands (BRAIN) — Pon Holdings, the parent company of bike brands including Santa Cruz and Cervélo, is making another bid to acquire a minority stake in Accell Group, the parent company of bike brands including Raleigh, Haibike and Diamondback.

Cambodia is the third largest supplier to the U.S., but growing fast.

TAIPEI, Taiwan (BRAIN) — Cambodia, already the biggest bicycle supplier to the EU, is making up ground in the U.S. market as well due to the recent tariffs imposed by the Trump administration.

From the June 1992 issue.

The long-standing BRAIN print column makes its online debut today.

COLORADO SPRINGS, Colo. (BRAIN) — On Monday, Nov. 11,  USA Cycling said it will partner with five military support organizations to provide free memberships to veterans, active military and their families in honor of Veterans Day.

RED WING, Minn. (BRAIN) — Industry companies in the Upper Midwest are lending their support to a local community college's new engineering program focused on the design and fabrication of bicycles and their components.

UPDATED. Giant Bicycles evacuated Thursday as the Hill Fire erupted amid strong Santa Ana winds.
Photo by An Le from the Giant Bicycles parking lot.

NEWBURY PARK, Calif. (BRAIN) — Giant Bicycles USA evacuated its offices Thursday afternoon as the Hill Fire burned behind the company's headquarters in the Conejo Valley, about 50 miles northwest of Los Angeles.

BOULDER, Colo., and WASHINGTON, D.C. (BRAIN) — PeopleForBikes and the League of American Cyclists will hold separate webinars next week addressing the midterm elections' effects on cycling.

New Product

OGDEN, Utah (BRAIN) — Enve has launched a new M Series carbon wheelset and Fat Fork designed for fat bikes.

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