Industry News
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike announced Wednesday that the Stetina's Sierra Prospect gran fondo will take place during the Northstar Free-Ride Festival, the consumer event that precedes Interbike's trade expo in the Reno-Tahoe areas this September.
MORGAN HILL, Calif. (BRAIN) — Specialized will increase wholesale and suggested retail prices on select 2018 model year bikes starting on April 15. The company announced the change in a recent letter emailed to its dealers.
WILTON, Conn. (BRAIN) — QBP will now be distributing some products from Fabric, a brand owned by Dorel's Cycling Sports Group.
QBP will distribute some Fabric saddles, lights, and inflation products.
KENT, Wash. (BRAIN) — Accell North America has acquired Beeline Bikes, the mobile service franchiser. ANA has been an investor in the company for several years.
TAICHUNG, Taiwan (BRAIN) —Giant Manufacturing, closing its books on 2017, posted revenue for the year of $1.9 billion, a 3.5 percent decline from 2016.
OSAKA, Japan (BRAIN) — Shimano Inc. has issued a public apology after a fire at its factory in Sakai, Japan, on Monday.
According to the company, the fire was in a surface treatment area and workers were evacuated.
PORTLAND, Ore. (BRAIN) — Al Spinks' investment in Renovo Bikes is helping the wooden frame maker double its production capacity and transition from custom to production frames.
LAKE OSWEGO, Ore. (BRAIN) — Yakima is expanding its retail training program, which includes hands-on training at clinics and events across the country, and online training through the Yakima Garage and Brandlive platforms.
SANTA MONICA, Calif. (BRAIN) — Spinlister, which launched as a peer-to-peer bike rental program (short-handed as "Airbnb for bikes") and went on to offer a dockless bike share program and bike rental and demo management software for bike shops, is shutting down.
WASHINGTON (BRAIN) — The $1.2 trillion omnibus spending package that President Donald Trump signed Friday contained some good news for bike advocates, despite their concerns that Trump's proposed budget would gut some of the programs.
GOLDEN, Colo. (BRAIN) — Andorran consumer direct mountain bike brand Commencal is moving its U.S. office to Colorado, after three years in Carlsbad, California.
TALLAHASSEE, Fla. (BRAIN) — The North American Bikeshare Association has expelled Ofo US Limited from its membership. The company is the U.S. operation of China's Ofo, one of the world's largest dockless bike share companies.
LEVIS, Québec and LEXINGTON, S.C. (BRAIN) — Hawley-Lambert has reach an agreement with Promovec, a Danish e-bike brand, to distribute Promovec-made e-bikes in the U.S.
MONTRÉAL (BRAIN) — The liquidation of Toys "R" Us has forced Dorel Industries to issue a new audited financial report, now showing a charge of $3.8 million due to the toy store chain's closure. $3.1 million of the charge is from Dorel Sports, which includes bicycle sales.
WASHINTON, D.C. (BRAIN) — President Trump announced Thursday he was beginning to take steps toward imposing tariffs on up to $60 billion of Chinese imports. The move is motivated by the administration's belief that China has a history of forcing U.S.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — The third episode of Interbike's podcast is looking at recent growth in the BMX category.
ST. LAURENT, Quebec (BRAIN) — Outdoor Gear Canada's BMX division, OGCBMX, has been appointed the exclusive Canadian distributor of Cinema. OGCBMX has received inventory and is ready to start delivering to dealers immediately.
MOUNT PROSPECT, Ill. (BRAIN) — Early figures from the 2018 edition of the National Sporting Goods Association's Sports Participation in the U.S. report shows participation in the study's "Wheel Sports" category, which includes cycling, remains flat, up just 0.1 percent over the prior year.
TAMPA, Fla. (BRAIN) — Ironman has developed a new brand that it says extends the Ironman brand to a wider audience: Ironsport. The company, now owned by Wanda Sports Holdings, plans to license Ironsport to "best-in-class partners from apparel to healthy food alternatives and beyond."
REHOBOTH, Mass. (BRAIN) — LOOK Cycle is a new co-title sponsor of NRS & Events, an event support program that provide technical support at races and other events, as well as custom events at Look's retailers. The program is run by longtime race support organizer Butch Balzano.
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