Industry News
MANCHESTER, N.H. (BRAIN) — Portland Design Works is the latest brand to join The Bike Cooperative' list of supplier partners. Effective immediately, member retailers of The Bike Cooperative will earn rebates on direct and distributor purchases of all PDW products.
NEWCASTLE, Australia (BRAIN) — Crankbrothers is now distributed exclusively by Lusty Industries Pty Ltd in Australia. Lusty has been the brand's non-exclusive distributor since January, along with Bikesportz Imports.
CORTEZ, Colo. (BRAIN) — Osprey Packs has hired Layne Rigney as its new president. Rigney was most recently president of CamelBak, where he worked for 11 years.
BLOOMINGTON, Minn. (BRAIN) — QBP has been named the sole U.S. distributor for Bopworx, the maker of reusable bike protection products for shipping and auto rack use.
LONG BEACH, Calif. (BRAIN) — Zwift, the maker of an online cycling platform, has raised an additional $27 million in venture capital funding, according to CrunchBase.com.
MADISON, Wis. (BRAIN) — Saris Cycling Group, the parent company for Saris Racks, CycleOps, and PowerTap, has announced new distributors for its brands in Australia.
SCOTTS VALLEY, Calif. (BRAIN) — Compass Diversified Holdings and Robert C. Fox, Jr. are selling at least 3.5 million shares in Fox Factory Holding Co., according to documents filed with the Security and Exchange Commission this week.
SANTA FE, N.M. (BRAIN) — Outside Magazine's annual list of the 100 "Best Places to Work" is out and includes a handful of companies involved in the bike industry.
HOLSTEBRO, Denmark (BRAIN) — Danish high-end component and bearing manufacturer CeramicSpeed has acquired Friction Facts, a Boulder, Colorado-based testing lab.
WASHINGTON (BRAIN) — The U.S. House of Representatives this week passed passed H.R. 4665, the Outdoor REC (Recreation's Economic Contributions) Act, which would require the Departments of Commerce and Labor to provide statistics on how outdoor recreation contributes to the nation's economy.
ST. LAURENT, Quebec (BRAIN) — Raymond Lanctôt Ltd., a sporting goods distributor, has launched a new bike division that will focus on the Canadian distribution of brands including Benno Bikes, Melon Helmets and Suomy Helmets.
COLORADO SPRINGS, Colo. (BRAIN) — Borealis Fat Bikes has launched a new online selling program that the company said will protect its current dealers.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Pat Hus, vice president of Interbike, was recently named show director of the Sports Licensing and Tailgate Show (SLTS). Emerald Expositions owns and operates SLTS, as well as Interbike, Outdoor Retailer, and more than 80 trade shows, conferences and summits.
PETALUMA, Calif. (BRAIN) — Yuba Bikes, maker of cargo bikes, is working with ShipEarly to deliver online bike sales through its network of dealers. Bikes purchased online now can be shipped to a Yuba dealer chosen by the consumer for build and pickup. It can be the closest or preferred shop the consumer selects.
HEERENVEEN, Netherlands (BRAIN) — Sales of performance e-bikes continue to drive sales increases for Accell Group, the parent company of Raleigh, Diamondback, Haibike and other bike brands.
PORTLAND, Ore. (BRAIN) — Cyclone Bicycle is the new exclusive distributor of Cinelli USA bikes and frames, which were previously distributed by BTI.
TAICHUNG, Taiwan (BRAIN) — The global slump in bicycle sales, especially in the U.S. and China, has taken a toll on Giant's first three quarters of 2016 with overall revenue down 6.5 percent.
PARK CITY, Utah (BRAIN) — Eyewear and protective brands Shred and Slytech are celebrating their 10th anniversary this year and will complete a move from New Hampshire to Park City, Utah, this month.
BOSTON (BRAIN) — Velotooler — a new online platform that will connect freelance bike mechanics with cyclists who need service — is the first title sponsor for the CCB Velotooler Continental Team, a developmental road team that has UCI Continental registration for the 2017 season.
MONTEREY, Calif. (BRAIN) — "Overcoming Our Brutal Truths" is the theme of next year's Bicycle Leadership Conference here. Registration opened this week for the April 18-20 conference.
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