Industry News

TEMPE, AZ (BRAIN)—State Bicycle Co. has opened two more concept shops in Denver, Colorado and Campbell, California. The fixed-gear and single-speed brand opened its first concept store in Hollywood, California, and last month unveiled a new U.S. dealer program.

MIAMI, FL (BRAIN)—J&B is looking to increase brand awareness of its Origin-8 in-house brand at the shop level with a new employee purchase program.

Shop employees now can save up to 20 percent off wholesale pricing on all Origin-8 products, according to a press release.

Tagged Distributor news

ST. PAUL, MN (BRAIN)—Velo Magazine’s tech editor Nick Legan will be a guest speaker at the Park Tool Tech Summit events this year.

Tagged Tradeshows and conferences

BURBANK AND SANTA MONICA, CA (BRAIN)—Santa Monica’s first full-service Bike Center is set to open this week while the city of Burbank is holding a ribbon-cutting ceremony and ride with the mayor to its new Burbank BikeStop today.

Tagged Advocacy/Non-profits

SLATINA, Romania (BRAIN)—Campagnolo has opened a second Romanian factory in a small town near the Bulgarian border, about 60 miles from its existing production facility in Eastern Europe.

CAVE CREEK, AZ (BRAIN)—Subtitled “Races for Open Spaces,” the third annual Cave Creek Bicycle Festival will be held Nov. 11-13 to raise funds for desert preservation.

Tagged Consumer Expos and Rides

MONTEREY, CA (BRAIN)—Organizers of the Sea Otter Classic announced the addition of cyclocross races to the annual four-day race and outdoor festival next year. Sea Otter will offer both men’s and women’s professional and amateur divisions as well as single speed, messenger and industry cup races.

Tagged Consumer Expos and Rides / Sea Otter Classic

WASHINGTON, D.C. (BRAIN)—Suppliers imported 11.2 million bikes through September this year, a 28 percent drop from the 15.5 million units brought in over the same period last year, according to figures from the Commerce Department.

FLETCHER, NC (BRAIN)–Cane Creek is expanding into the South American market, signing ProParts as its Brazilian distributor.

“Brazil is a notable market and ProParts is a respected and well-established distributor of high-end components," said Peter Gilbert, Cane Creek’s vice president of sales.

COVINGTON, KY (BRAIN)—Specialty Bike Expo, a new trade show set to take place Nov. 30 to Dec. 3 at the Northern Kentucky Convention Center, has been tabled. Organizer Jim Keefe said that while a good number of retailers and suppliers signed up to exhibit or attend, it wasn’t enough to make it a worthwhile event.

Tagged Tradeshows and conferences

GRENCHEN, Switzerland (BRAIN)—BMC’s Andy Rihs and e-bike brand Stromer’s Thomas Binggeli have joined their companies under one banner, International Sport Holding (ISH). In doing so, the pair hope to give Swiss technology and manufacturing a boost in the international market.

Tagged Mergers & Acquisitions

VAN NUYS, CA (BRAIN)—Easton-Bell Sports reported double-digit growth in sales of Easton-branded wheels and components during the third quarter. Sales of its Giro cycling shoes were also strong, the company said in its latest earnings report.

Tagged Earnings/Financial Reports

TUCSON, AZ (BRAIN)—Genuine Innovations is now a part of Illinois Tool Works (ITW), which runs 840 businesses in 57 countries and is one of the nation’s largest companies.

Tagged Mergers & Acquisitions

COSTA MESA, CA (BRAIN)—The National Bicycle Dealers Association is hosting a free webinar for its members led by industry consultant Jay Townley on Thursday.

Tagged Events

BOULDER, CO; PORTLAND, OR; NORTHFIELD, VT (BRAIN)—Product Architects, maker of the Polar insulated water bottle, has expanded its sales and accounting staff with the hire of Mike Goldberg as sales associate and Montana Marsden as accounting manager. The company now employs 34 full-time staff.

NEW YORK CITY, NY (BRAIN)—Bike New York has announced plans to launch a new bike expo in New York City next May 3-5, just prior to the 2012 TD Bank Five Boro Bike Tour.

Tagged Tradeshows and conferences

WESTPORT, CT (BRAIN)—Compass Diversified Holdings posted growth through the third quarter for Fox Racing Shox and CamelBak, according to an earnings report it filed Tuesday. Compass is parent company of both brands.

Tagged Earnings/Financial Reports

MORGAN HILL, CA (BRAIN)—After close to 15 years with Specialized Bicycle Components, John “JT” Thompson has resigned from his position as director of U.S. sales, according to an email that went out to dealers Monday evening.

POMONA, CA (BRAIN)—Fresh off its debut event, the Recumbent Cycle-Con Convention & Tradeshow has scheduled its second edition for Oct. 26-28, 2012, at Southern California’s Pomona Fairplex.

Tagged Consumer Expos and Rides

WINDSOR, CO (BRAIN)—Jett is trading its old digs in downtown Fort Collins, Colorado, for a new 3,000-square-foot office and warehouse space just down the road in Windsor. The company supplies Jett mountain bike apparel and Declare custom apparel.


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