Industry News
BEIJING (BRAIN) — Dai Wei, the founder and chief executive of Chinese bike-share giant Ofo, has stepped aside as the company's top legal representative as Ofo faces multiple lawsuits in China.
Ofo has named Chen Zhengjiang, the head of its hardware supply department, as the new legal representative.
CONSHOHOCKEN, Pa. (BRAIN) — Longtime Rodale Publishing executive Zack Grice has joined SilverLine Athletics, which provides digital media activation and analytics for endurance events. Grice will fill the newly created position of director of marketing and partnerships.
OGDEN, Utah (BRAIN) — Derek Bouchard-Hall, who announced last week that he was stepping down as president of USA Cycling, will become the new CEO of Assos of Switzerland.
OSAKA, Japan (BRAIN) — Shimano says stable weather in Europe and growth in sales sporty e-bikes helped its bike-related sales grow over the first three quarters this year, while operating income in the segment decreased slightly. The company has revised its full-year forecast down in light of currency exchange trends and some product shortages.
BOSTON (BRAIN) — The parent company of Clean Bottle announced Monday that it is up for sale, seeking a partner or buyer that can "leverage the brand and its technologies to its fullest potential."
SANTA FE, N.M. (BRAIN) — In the October issue of Bicycle Retailer & Industry News, we made an assertion that Interbike had offered free booth space to selected key brands. When I read that sentence I was struck by the fact that no one at Interbike had responded—one way or another—to that assertion.
WASHINGTON (BRAIN) — Two domestic bike assemblers are asking the International Trade Commission to look into imposing tariffs of up to 50 percent on imported bikes.
EXETER, United Kingdom (BRAIN) — Kirk Pacenti, the founder of Pacenti Cycle Design, is stepping away from his namesake company as Luke Humphreys, who invested in the
COLORADO SPRINGS, Colo. (BRAIN) — USA Cycling announced Friday that Derek Bouchard-Hall will be stepping down as president and CEO at the end of the year.
STEAMBOAT SPRINGS, Colo. (BRAIN) — Factory LLC, a Pennsylvania-based operating company, has made an equity investment in the sports nutritional brand Honey Stinger.
SEATTLE (BRAIN) — Consumer-direct e-bike brand Rad Power Bikes is moving to a new location in Seattle. The move will consolidate the company's offices, warehouse and retail store, currently housed in three different locations in the city.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike show organizers said overall feedback was mostly positive from exhibitors and attendees at last month's expo in Reno, Nevada.
WASHINGTON (BRAIN) — President Donald Trump has ordered the State Department to begin renegotiating the Universal Postal Union treaty, which allows China and other developing countries to ship products to the U.S. at very low rates.
CARLSBAD, Calif. (BRAIN) — Tom Kattus is leaving Campagnolo North America after 10 1/2 years as the company's general manager for North America. Kattus and the Italian company said the parting was amicable.
NORTHAMPTONSHIRE, England (BRAIN) — Set to open in February, the Silverstone Sports Engineering Hub will offer the cycling industry R&D facilities including two wind tunnels, 3D scanning tools for CFD (computational fluid dynamics) modeling, and a robot-equipped "bike efficiency rig."
RAPID CITY, S.D. (BRAIN) — Strider Bikes, launched in 2007, has recently sold its 2 millionth balance bike, less than three years after celebrating the sale of 1 millionth bike.
RENO, Nev. (BRAIN) — The loss of Subaru as a corporate sponsor two years ago revealed larger issues at the International Mountain Bicycling Association.
FAYETTEVILLE, N.C. (BRAIN) — William Robert "Bobby" Hawley Sr., passed away last Thursday at age 87.
BOULDER, Colo. (BRAIN) — The Outdoor Industry Association has hired Patricia Rojas-Ungar to lead its advocacy agenda as the vice president of government affairs. Rojas-Ungar is currently vice president of public affairs at the U.S. Travel Association.
IDSTEIN, Germany (BRAIN) — The high-end German brand Storck Bicycles has opened its consumer direct sales to most international markets, including the U.S., where the brand has about nine dealers but no distributor.
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