Industry News

DENVER (BRAIN) — Several of Colorado's largest and longest standing bike events are being operated by new owners this season.

Tagged Mergers, Acquisitions & Investments / Consumer Expos and Rides

WASHINGTON (BRAIN) — On Friday — Bike to Work Day — Reps. Earl Blumenauer and Joe Crowley proposed restoring the bicycle commuter tax benefit, which was eliminated in the tax bill last year.

LEESBURG, Va. (BRAIN) — The Loudoun County (Virginia) Sheriff's Office said they were able to use Strava to help identify and arrest a suspect in the assault of a cyclist on a bike path last month.

JEFFERSONVILLE, Vt. (BRAIN) — Height of Land Publications, the publisher of Alpinist, Backcountry Magazine, and Cross Country Skier, has acquired Mountain Flyer, the quarterly enthusiast mountain bike title published by Secret Agent Publishing in Gunnison, Colorado.

Tagged Mergers, Acquisitions & Investments / Media/Publishing

BOULDER, Colo. (BRAIN) — Bicycle Product Suppliers Association members shipped 218,741 bikes to retailers in April, up from 217,980 for the same month in 2017, a nominal 0.3 percent increase. But dollars were way up, about 14 percent month on month, accounting for $114.7 million.

PHOENIX (BRAIN) — Arizona Gov. Doug Ducey on Wednesday signed an industry-backed three-class e-bike law after vetoing a raft of legislation last month amid an unrelated dispute over teacher pay in the state.

Tagged Electric bike

BOULDER, Colo. (BRAIN) — VeloNews said its podcasts have seen explosive growth in listeners over the past year — a 162 percent growth in monthly listens from 2017 to 2018. The publisher also said the podcasts have an average listening time of over 45 minutes and an average completion rate of nearly 80 percent. 

PORTLAND, Ore. (BRAIN) — The Bicycle Product Suppliers Association has entered into a new three-year partnership for stats on the industry with The NPD Group.

LOS ANGELES (BRAIN) — Amgen is extending its sponsorship of the Tour of California, which has already continued for more than a decade. AEG, the owner and operator of the race, said Amgen will retain naming rights and other exclusive sponsorship benefits for the race.

Tagged Racing & Sponsorship

ASHEVILLE, N.C. (BRAIN) — Cane Creek Cycling Components has named Eric Smith as its new director of supply chain. The newly created position is a promotion for Smith, who has been with Cane Creek for 10 years, most recently serving as sourcing manager.

Tagged Supply chain
UPDATED: Dean wins Democratic primary in PA-4.

OREFIELD, Pa. (BRAIN) — Olympic cyclist Marty Nothstein won Tuesday's Republican primary for Pennsylvania's 7th U.S. House district. Also in the Keystone State, Madeleine Dean — the wife of bike industry veteran Pat Cunnane — won the Democratic nomination for the 4th House district.

Tagged Racing & Sponsorship

LOVELAND, Colo. (BRAIN) — Push Industries is expanding its dealer network and international distributor base as the suspension manufacturer continues to shift from selling exclusively consumer direct to a greater B2B presence.

TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing's first-quarter earnings report offers a look at how the e-bike market is changing the look of the bicycle industry.

Premium e-bike sales drove Giant's growth in the first quarter, accounting for more than 30 percent of its quarterly revenue.

Tagged Earnings/Financial Reports

FRIEDRICHSHAFEN, Germany (BRAIN) — Organizers of the Eurobike trade show — which moves to new dates in early July this year — said the show is sold out of exhibit space. The list of exhibitors includes about 100 brands that are either new to the show or who are returning after an absence.

Tagged Eurobike
Some of MoGo's new adaptive cycles.

DETROIT (BRAIN) — On the anniversary of its MoGo bike share program, Detroit is rolling out a pilot program with a variety of adaptive cycles for riders of all abilities. It's one of the first major cities to offer an adaptive cycle share program.

COTATI, Calif. (BRAIN) — Yuba Bikes is expanding its distribution throughout France and Europe with the establishment of a new distribution center, Cargo Bike Distribution SAS, located near Annecy, France.

Doug Stephens

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike has announced two new keynote speakers for the IBD Summit at this year's Interbike.

Proceeds to fund UHCCF medical grants that help children gain access to health-related services.
Classic Cruiser: ridden by Evan Huffman for Anna.

LONG BEACH, Calif. (BRAIN) – At the Amgen Tour of California this week, the Rally Cycling team is riding six custom-designed, hand-painted Diamondback Podium bikes, each inspired by a child who has received a grant from the UnitedHealthcare Children's Foundation.

Tagged Racing & Sponsorship

FRUITA, Colo. (BRAIN) — The Hot Tomato Café, the bike industry’s favorite pizza place in Fruita, won a $5,000 prize at The Wright, a Colorado outdoor entrepreneurship summit held last week.

SANTA FE, N.M. (BRAIN) — Outside magazine is taking applications from employers who'd like to be included on the magazine's Best Places to Work list.

The magazine works with the Best Companies Group to pull together the list.

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