Industry News

SACRAMENTO, Calif. (BRAIN) — The North American Handmade Bicycle Show is adding a trade element to its event. This year the show will grant retail buyers early access to the show each of its three days.

Tagged North American Handmade Bicycle Show
At last week's auction, a group led by Ideal Bike outbid Head Sports for ASE's assets by $1 million. But ASE said Head's bid was best, and charged that Ideal had sold Fuji and Kestrel bikes last month in violation of a court order.

CHAPEL HILL, N.C. (BRAIN) — Two sales hearings, scheduled for Tuesday morning here for the assets of Advanced Sports Enterprises, have been continued to Feb. 1.

Tagged ASE Bankruptcy
The duties, effective Saturday, range from 18.8 to 79.3 percent.

BRUSSELS (BRAIN) — As expected, the European Union has imposed duties on Chinese-made electric bicycles and e-bike components destined for the European Union.

Tagged Trade/tariffs
Specialized announced its recall on Twitter.

WASHINGTON (BRAIN) — The partial federal government shutdown means that at least two active industry recalls have not yet been announced by the U.S. Consumer Product Safety Commission, although the companies responsible have issued recalls on their own and with government agencies in other countries.

DEL MAR, Calif. (BRAIN) — Emerald Expositions, which announced last month that it was canceling its 2019 Interbike Expo, is talking to industry members about two options for a revived bike trade show as soon as this year.

Tagged Interbike / CABDA

DURHAM, N.C. (BRAIN) — At a bankruptcy auction Wednesday, Head Sport — a European sports company best known for its skis and tennis rackets — agreed to purchase most of the assets of Advanced Sports Enterprises for about $22 million. The agreement is subject to court approval later this month.

Tagged ASE Bankruptcy
UPDATED: Corrects retail attendance figure

Editor’s note: The retail attendance figure originally supplied to BRAIN was for non-exhibiting attendees on the expo’s first day. That total includes media as well as companies that did not have booth space at CABDA West.

Tagged CABDA
Thesis offers one carbon frame that can be built up as a gravel, road, cyclocross or adventure touring bike. Bikes are delivered 20% assembled and consumers hire "Local Bicycle Professionals" to complete the assembly.
Thesis founders Randall Jacobs and Alice Liu.

SAN FRANCISCO (BRAIN) — A new bike brand from an industry veteran is making waves with innovative products and its fulfillment system, as well as with its alignment with the Professional Bicycle Mechanics Association.

Students get their hands dirty in the Track Modeling Program

OKLAHOMA CITY (BRAIN) — Celestial Cycles owner Sheridan Marquardt figures his BMX race business has tripled since the beginner-focused BMX Racing League arrived at the local track, where the Oklahoma City retailer is now a title sponsor of the facility.

Del Mar Thoroughbred Club Racetrack

DEL MAR, Calif. (BRAIN) — With gray skies and rain in the forecast, CABDA show director Jim Kersten may not have gotten the balmy Southern California welcome he hoped for as he set up for the inaugural CABDA West expo here in San Diego County this week.

Tagged CABDA
The UrbanArrow Family model.

VALLEJO, Calif. (BRAIN) — Thieves stole the contents of a rental cargo van including two cargo bikes and materials on the way to the CABDA West show this weekend.

Tagged CABDA

DURHAM, N.C. (BRAIN) — Specialized Bicycle has agreed to pay bankrupt Advanced Sports Enterprises $700,000 for rights to the Roubaix bicycle trademark in the U.S.

Tagged ASE Bankruptcy

TORONTO (BRAIN) — The e-bike brand Elby is relaunching as Elby Mobility following a private investment. The company has expanded its partnership with the new owners of BionX International, the manufacturer of OEM and aftermarket e-bike drivetrains.

Tagged Electric bike
Specialized and Trek file objections; court lets ASE "abandon" some inventory but suppliers work to recover the products.
ASE's IP assets are being marketed by Hilco Streambank.

DURHAM, N.C. (BRAIN) — ASE's assets, including real estate and its bike brands, are being sold in an effort to satisfy creditors owed at least $100 million. Meanwhile, 40 Performance stores are set to close this month.

Tagged ASE Bankruptcy

BOULDER, Colo. (BRAIN) — Has your company been negatively affected by the 25 percent tariff increase on e-bikes and e-bike motors imported from China? If so, PeopleForBikes and the Bicycle Product Suppliers Association invite you to submit comments to the U.S.

Tagged Trade/tariffs / Electric bike

SHANGHAI (BRAIN) — Multiple Asian news sites are reporting that bike share giant Ofo has dissolved its overseas business unit, retreating from operating in the U.S., Hong Kong, Singapore and France.

Tagged Bikeshare
Models will be sold under the Univega and Van Dessel brands.

LAS VEGAS, Nev. (BRAIN) — Panasonic is working with Kent International to launch three models of e-bikes that will be sold under Kent's Univega USA and Van Dessel brands. All the bikes will be powered by Panasonic batteries and motors and all models are being designed and assembled in the U.S.

Tagged Electric bike

COLORADO SPRINGS, Colo. (BRAIN) — USA Cycling has named Rob DeMartini as its president and chief executive officer. DeMartini joins the organization from New Balance Athletics Inc., where he spent the past 12 years as president and CEO. He will begin his new position in February.

TAMPA, Fla. (BRAIN) — American Classic founder Bill Shook has launched a new mechanical design consulting business, Bill Shook Engineering LLC, serving clients both inside and outside the bike industry.

PITTSBURGH (BRAIN) — Close to two years after suspending its print edition and moving exclusively online, Bicycle Times’ website is winding down, with content migrating over to the website and print magazine of fellow Rotating Mass Media title Dirt Rag.

Tagged Media/Publishing

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