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.
VAN NUYS, CA (BRAIN)—First quarter sales were down 5.2 percent in Easton Bell Sports’ Action Sports segment as the company contended with delays of shipments of OEM cycling components to bike manufacturers and slow sales of fitness equipment in the mass channel.
PACOIMA, Calif. (BRAIN) — Kemco International has hired industry veteran Ron Blocher as its new U.S. sales representative.
Blocher had been the owner of United Bicycle Parts, a distributor located in Ashland, Oregon. UBP folded up shop in late January because business was slow.
PACOIMA, Calif. (BRAIN) — FMF Racing has decided not to renew its five-year distribution agreement with Kemco, according to Kemco vice president Tom Curran.
Curran said FMF represented less than 20 percent of Kemco’s overall business.
