Industry News

MADISON, WI (BRAIN) — Organizers of this Friday's 9th annual Saris Gala expect the event to maintain its status as the largest single-night advocacy fundraiser in the U.S. The Gala has raised more than $650,000 in its first eight editions.
MANCHESTER, NH (BRAIN) — The Bike Cooperative has added Profile Design and Bellwether products to its offerings, the companies announced this week.
TAICHUNG, Taiwan (BRAIN) — Taiwanese manufacturer JD Group will show a new electric bike motor targeted at North American bike makers at next month's Taichung Bike Week, a major original equipment spec' event.
MONTEREY, CA (BRAIN) — The Sea Otter Classic has added Mike McCormack and Wendy Booher to its communications staff. The two replace outgoing communications director Donna Brown.

HAVERHILL, MA (BRAIN) — Mavic, Inc. has updated its dealer website and added a new portal site to centralize online dealer resources in the U.S.
Mavicpro.com is a gateway to wholesale ordering, product technical information, media tools and marketing materials.

BOULDER, CO (BRAIN) — Jim Spring, the founder of Leisure Trends Group and a leader in tracking and analyzing the retail sports industry, died Monday at 75.

SARATOGA SPRINGS, N.Y. (BRAIN) — William Watkins has been appointed CEO of Serotta and its parent company, Great American Bicycle, the company announced Monday.
AIGLE, Switzerland (BRAIN) — The international cycling union UCI on Monday drove the final nail into Lance Armstrong's doping punishment, announcing that it would not appeal the U.S. Anti-Doping Agency's finding that Armstrong doped for much of his professional career.
FOOTHILL RANCH, CA (BRAIN) — From Giant Bicycle headquarters to Oakley headquarters, more than 120 riders wrapped up a three-day, 200-mile trip on Sunday to benefit the Young Survival Coalition, a global organization dedicated to helping young women diagnosed with breast cancer.
CHICAGO, IL (BRAIN) — SRAM Inc. on Thursday announced it was ending its relationship with Lance Armstrong, who used the company's components during his comeback to the sport in 2009 and 2010. SRAM also clarified that Armstrong no longer owned any share in the company.
IRVINE, CA (BRAIN) — Felt has formed a wholly owned subsidiary in Canada, and signed a multi-year contract with its former distributor there, Spaso Sports, to be the exclusive sales and marketing agent in that territory.
MINNEAPOLIS, MN (BRAIN) — Sinclair Imports president Lance Donnell defended his right to maintain a discount website this week in response to QBP's lawsuit alleging unfair competition.

SAN FRANCISCO, CA (BRAIN) — Strava is denying responsibility for all 26 charges set forth in a lawsuit stemming from the death of a cyclist killed while using the mobile application.
NIENBURG, Germany (BRAIN) — A massive fire ripped through two warehouses at German manufacturer and distributor Hartje on Tuesday evening, destroying thousands of bicycles and bike parts and racking up millions of dollars in damages.
BEAVERTON, OR (BRAIN) — Lance Armstrong stepped down as chairman of the Livestrong Foundation on Wednesday, hours before several long-time sponsors severed ties with Armstrong, who has been slapped with a lifetime suspension from competition for doping.

MADISON, WI (BRAIN) — Trek Bicycle says the patents at the heart of Split Pivot's lawsuit are "unpatentable," and has asked that the case be dismissed. However, a judge in the case has set a date for a jury trial 15 months from now.

PARK CITY, UT (BRAIN) — Backcountry.com is consolidating its online bike business, closing its HuckNroll.com site and moving its mountain bike equipment sales onto CompetitiveCyclist.com.
"HuckNroll.com sold its last item at 5:59am (Tuesday)," the company announced.
BETHEL, CT (BRAIN) — Easton Cycling is licensing carbon spoke intellectual property from Topolino for some new products to be introduced next year, the companies announced Tuesday. Topolino is ending sales of its bike wheels to focus on its wheelchair wheels.
WASHINGTON, DC (BRAIN) — Imports through August are up 29 percent overall, reaching 12,470,453 bikes, 2.8 million more bikes than 2011, which was the lowest year for imports in more than a decade.
SANTA FE, NM (BRAIN) — IMBA had no trouble finding 150 riders for its final bomb down the Winsor Trail in the Santa Fe National Forest on Saturday, the last day of the association’s World Summit here.