Industry News

HEERENVEN, the Netherlands (BRAIN)—Accell Group N.V. has sold its 22 percent stake in Derby Cycle AG to Pon Holdings at a price of €28 per share.

For Accell Group this results in a book profit of €17 million on the sale of its shares in Derby Cycle.

Tagged Earnings/Financial Reports

WATSONVILLE, CA (BRAIN)—Fox has added Dennis Lane as its new bicycle division vice president and general manager. Lane had been with Giant Bicycles as global director of product development.

CHEBOYGAN, MI (BRAIN)—This northern Michigan town along the shore of Lake Huron and the Straits of Mackinac boasts some of the state’s best trails including the 61-mile North Central State Trail and 70-mile North Eastern State Trail.

MOAB, UT (BRAIN)—Chilly temperatures and some rain didn't dampen the spirits of the record crowd that turned out for Outerbike.

The three-day consumer demo event saw 800 people in attendance—doubling that of last year—and they just had one thing on their minds.

Tagged Tradeshows and conferences

KONA, HI (BRAIN)—Cervelo has retained its position atop the Kona Bike Count this year with 488 bikes.

Trek did overtake Specialized (4th) for the second position with 185 bikes, while Felt rounded out the top three with 124 bikes.

Tagged Racing & Sponsorship

Cane Creek's Chris Strout and his wife welcomed into the world on October 5 Caleb Daniel. He weighed in at 7 lbs, 8 oz and was 21 inches long. He's a quick one, making his world debut after only three hours of labor.

TAIPEI, Taiwan (BRAIN)—The export value of bicycles from Taiwan reached $683 million through May, an increase of 9.4 percent from last year.

SACRAMENTO, CA (BRAIN)—Despite hundreds of letters from cyclists, advocates and industry suppliers and retailers in support of a bill that would require motorists to give riders three feet of room when passing, California Gov. Jerry Brown vetoed the pending legislation Friday.

BOULDER, CO (BRAIN)—CatEye America completed the move to a larger office space and warehouse in Boulder, Colorado, over the first weekend of October. The new U.S. headquarters will house a larger staff.

MISSOULA, MT (BRAIN)—Adventure Cycling Association, North America's largest cycling membership organization, has announced the receipt of four new grants totaling $100,000 to support its efforts to create what will be the world's largest official bicycle network: the U.S. Bicycle Route System (USBRS).

Tagged Advocacy/Non-profits

BOULDER, CO (BRAIN)—Move Sport, Inc., of Boulder, Colorado, the exclusive distributor of Vredestein Two Wheel Tires for the United States and Canada, has launched a new website for Vredestein Two Wheel tires in the USA and Canada, www.vredesteinbike.com (click on above lin

Tagged Web/Internet

PENINSULA, OH—Retailer Century Cycles will celebrate Cleveland Beer Week on Oct. 15 with the second annual All Hail the Ale Night Ride in conjunction with Winking Lizard Tavern and Sierra Nevada Brewing Co.

Tagged Consumer Expos and Rides

NORTHFIELD, VT (BRAIN) — Female mountain bikers are set to get their huck on Saturday, Oct. 15, as all-weather sock manufacturer Darn Tough Vermont presents the Women’s Freeride Festival at Highland Mountain Park.

Tagged Consumer Expos and Rides

BEIJING, China (BRAIN)—Tired of fighting traffic headaches in their cars, many Chinese are hopping on their bikes, according to a recent story.

Click on title and then link to read complete story.

Tagged Media/Publishing

LOS ANGELES, CA (BRAIN)—Two years after launching the quarterly journal She Pedals and rebranding it as Endure magazine earlier this year, editor and founder Dena Eaton is pulling the plug.

Tagged Media/Publishing

ST. PAUL, MN (BRAIN)—The Park Tool Tech Summit will be held in Atlanta and Minneapolis in 2012. These are two cities that are new to the Tech Summit Schedule.

Tagged Events

WASHINGTON D.C. (BRAIN)—It seems only fitting that with the Ironman World Championship taking place tomorrow in Kona, Hawaii, a new study points to triathlon showing the most major gains amongst all outdoor sports.

BRUSSELS, Belgium (BRAIN)—Bicycle sales in the 27 European Union member countries remained relatively stable in 2010 with total units sold falling less than one percent.

BRUSSELS, Belgium (BRAIN)—The European governing body officially renewed anti-dumping duties today for bikes imported from China at 48.5 percent for the next five years.

Tagged Tariffs

SAO PAULO, Brazil (BRAIN)—Rising import duties in Brazil and ongoing pressure from domestic manufacturers for further protection are challenging global brands looking for new business in South America’s largest bike market.

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