Industry News

Ben Sarrazin

SANTA FE, N.M. (BRAIN) — What began as a white-water kayak excursion to California's Kern River has — 20 years later — put Ben Sarrazin smack in the middle of the e-bike revolution.

SWANTON, Vt. (BRAIN) — Interflon, a Dutch company that sells industrial lubricants in 52 countries, is slowly making its way into the industrial market in the U.S. and along the way is exploring opportunities in the U.S. bike shop market.

Program lets retailers take wheel trade-ins toward new Zipp wheel purchases.

INDIANAPOLIS (BRAIN) — Zipp is launching a new program Wednesday that will let consumers trade in their used Zipp wheels for retail store credit they can put toward the purchase of a new set of Zipp wheels. Used gear purveyor The Pro's Closet will provide stores with a trade-in value to offer the customer.

FARMINGTON, Utah (BRAIN) — Jen Harned, who was president and general manager of the Bell and Giro brands for Vista Outdoor, has left the company. 

SANTA ANA, Calif. (BRAIN) — If you've seen Jeff Lenosky ride a bike in person or on his YouTube channel, one thing is readily apparent.

He's cool under stress. But not now.

NEW YORK (BRAIN) — Uber's upcoming IPO will likely start out with shares being offered at $44 to $50, which would raise $8 billion to $10 billion and value the ride-hailing company at $80 billion to $90 billion, according a report by Bloomberg.

BOULDER, Colo. (BRAIN) — The final hurdle has been crossed — a majority of the members of the Bicycle Product Suppliers Association have voted to approve their organization's merger with PeopleForBikes.

Subscribers to BRAIN will receive the guide with the June 1 issue.

BOULDER, Colo. (BRAIN) — VeloNews will distribute its 2019 Tour de France Guide to 142,000 readers.

Tagged Media/Publishing / BRAIN News

SRAM already has a fleet of power meter options with its Quarq brand, so why purchase PowerTap? The answer lies in its pedal-based power meter technology.

Wholesale bike unit sales down 20% in the first quarter.

BOULDER, Colo. (BRAIN) — Wholesale bike sales overall were nearly flat in March compared to last year in dollars, and down slightly in units. The month's results capped a first quarter that saw a 20 percent decline in bike units sold in to retailers, according to the Bicycle Product Suppliers Association's Sell-in Report.

OSAKA, Japan (BRAIN) — High-end bike sales in North America and e-bike sales in Europe helped drive sales increase. Losses from a March 2018 factory fire remain significant, however.

Tagged Earnings/Financial Reports

BOULDER, Colo. (BRAIN) — Bicycle Retailer & Industry News has hired a new managing editor, Dean Yobbi, who joined the staff earlier this month.

Tagged BRAIN News

OSAKA, Japan (BRAIN) — Izumi, a 103-year-old Japanese chain manufacturer, is making a push into the U.S. aftermarket with a new website, new packaging and a partnership with USA Cycling that will see its chains used by top BMX and track riders.

IOWA CITY, Iowa (BRAIN) — With Interbike off the calendar for at least this year, several other events are stepping up to try to attract exhibitors, retailers and others in mid-September.

BPSA was previously the BWDA. Photo: Ray Keener

BOULDER, Colo. (BRAIN) — While the boards of PeopleForBikes and the Bicycle Product Suppliers Association have approved a merger of the two groups, a majority of the members of the BPSA must still vote for the merger for it to become final.

Tagged Advocacy/Non-profits

BOULDER, Colo. (BRAIN) —  Pocket Outdoor Media has added six of the endurance sports industry's best salespeople to its sales staff for VeloNews, Bicycle Retailer & Industry News, Triathlete, PodiumRunner, and Women's Running.

IRVINE, Calif. (BRAIN) — Shimano says manufacturers apparently didn’t follow its requirements when spec’ing front brakes on some electric share bikes, possibly causing problems that led to Lyft and Uber pulling the bikes from service.

Tagged Electric bike

NEW YORK (BRAIN) — MirraCo, the BMX brand founded by Dave Mirra, is for sale or license. Mirra founded the brand in 2006 with partner Jim Ford. It has been licensed in the past to Trek Bicycle, BMX International Australia and Dynacraft. Currently, Haro holds a nonexclusive license that expires in November.

WASHINGTON (BRAIN) — Some hubs and sprockets would be among the $11.5 billion in goods subject to retaliatory tariffs of up to 100% proposed by the Trump administration.

Tagged Tariffs

MONTEREY, Calif. (BRAIN) — SRAM has acquired the PowerTap line of bicycle power meters from Saris. The product line includes the PowerTap P2 Pedal power meters and the PowerTap G3 Hub power meter line. Terms of the deal are not being disclosed.

Tagged Mergers, Acquisitions & Investments

Pages

Subscribe to RSS - Industry News