Industry News
PLUS: Supporters break ground for Cleveland velodrome ... Saris announces bike corral contest ...
BOULDER, CO (BRAIN) Wednesday May 2 2012 9:00 AM MT—Competitor Group Inc. on Wednesday announced new editorial hires for its Velo magazine and VeloNews.com.
CHATTANOOGA, TN (BRAIN) Tuesday May 1 2012 3:38 PM MT—Peter Hurley, currently CEO and president of American Bicycle Group, has acquired a majority interest in the company, ABG announced Tuesday.
WASHINGTON, DC (BRAIN) — Bike advocacy groups are making the most of National Bike Month, which kicked off Tuesday, by lobbying Congress to restore funding for bike projects in the federal transportation bill.
CHICAGO, IL (BRAIN) Tuesday May 1 2012 9:46 AM MT—Crain's Chicago Business is reporting that Chicago's Inspector General has opened an investigation into alleged irregularities in the awarding of a multi-million dollar contract for a bike sharing program.
SAN DIEGO, CA (BRAIN) Tuesday May 1 2012 9:13 AM MT—Tim Jackson is leaving his position as marketing manager for Pivot and BH Bikes, effective Tuesday.
NEW YORK, NY (BRAIN) Monday April 30 2012 6:13 PM MT—Bike Expo New York will bring in about 90 exhibitors in this Thursday through Saturday in advance of the city’s popular TD Five Boro Bike Tour.
BRUSSELS, Belgium (BRAIN) Monday April 30 2012 2:45 PM MT—The European Commission has launched an investigation to determine whether the EU bicycle market is being threatened by lower cost Chinese products imported from government-subsidized manufacturers.
OSAKA, Japan(BRAIN) Monday April 30 2012 2:07 PM MT—A warm winter in Europe and North America pushed Shimano’s bicycle component sales to $619.7 million ($49.808 billion Yen) over the first quarter, up from $507.5 million ($40.792 billion Yen) last year, a 22 percent increase.
Boulder indoor velodrome closing suddenly • National Bike Challenge kicks off Tuesday • Ontario group announced Bicycle Friendly Community Awards • USA Cycling makes deal with hotel group
Tenth Ride of Silence planned for May 16 • Interbike works with ARTCRANK to make ads for 2012 event • 'Ride Before the Pros' planned prior to ATOC finale • Pennsylvania House gets bike friendly rep • Maxxis updates DHR with new tread design
CLOPPENBURG, Germany (BRAIN) Friday April 27 2012 3:05 PM MT—Derby Cycles’ license to sell Raleigh in parts of Europe will continue even as one of its primary competitors, Accell Group, takes over ownership of the British brand.
Florida dealers association donates decals for police cars • Tern partners with Munich Transport Authority • Illinois judge rejects 'Amazon tax'
HELSINKI, Finland (BRAIN) Friday April 27 2012 11:06 AM MT—Amer Sports, parent company of Mavic, is reporting a net sales increase of about 7 percent in the first quarter.
Eastern Bikes adds dealer locator to website • Paul Turner hosts bike race on Hawaii property • LAVA magazine to make newsstand debut next month • SRAM extends Tour of the Gila sponsorship • Raleigh offers bike-to-school scholarships in Ohio
BRUSSELS, Belgium (BRAIN) Thursday April 26 2012 4:44 PM MT—E-bikes with a motor output of up to 500 watts and pedal assistance of up to 25 kilometers will now be classified as bicycles instead of mopeds in Switzerland.
BUNNIK, the Netherlands (BRAIN) Thursday April 26 2012 4:41 PM MT—A consumer survey conducted by Dutch trade organization BOVAG found that 84 percent of shoppers prefer to buy new bikes at a specialist bike shop.
BOULDER, CO (BRAIN) Thursday April 26 2012 10:51 AM MT—Hugh Walton is joining Mavic, Inc., the brand's U.S subsidiary, as general manager.
WASHINGTON, DC (BRAIN) Thursday April 26 2012 9:55 AM MT—Raleigh America president Steve Meineke said the brand's acquisition by Accell Group will allow it to return to the top tier of U.S. bike brands.
LONDON, UK (BRAIN) Thursday April 26 2012 6:15 AM MT—Accell Group NV has completed its purchase of Raleigh Cycle Ltd., one of the oldest and largest bike companies in the world, for about $80 million.
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