Industry News

CANTON, MA (BRAIN)—Schlage Lock Co., owner of the Kryptonite brand of locks, and Todson, distributor of the OnGuard brand of locks, have settled a patent dispute involving a lock mounting bracket. The companies signed a settlement agreement March 7.

EVANSTON, IL (BRAIN)—Eugene Sloane, author of "The Complete Book of Bicycling," died of complications from pneumonia last Saturday. He was 91.

Tagged People

MONTREAL, Quebec (BRAIN)—Canada’s Dorel Industries will no longer file certain reports with the U.S. Securities Exchange Commission, but remains a public company traded on the Toronto Stock Exchange.

Tagged Earnings/Financial Reports

Click on link to check out this fixed gear cruiser (with front brakes) by 3G Bikes. It retails for a very nice $299.

If you'd like to learn more about this bike contact Gary Silva at gary@3gbikes.com.

BY LYNETTE CARPIET

WASHINGTON, D.C.—The National Bike Summit broke records last month as 525 advocates, transportation and health officials, suppliers and retailers donned power suits—and fluorescent bike pins—to make a case for bicycling at the nation’s capital.

Tagged Events

BY MATT WIEBE

AGOURA, CA—Last year industry veterans said bike sales grow when the economy goes soft. But as they look ahead now, many are taking in a deep breath as it seems this recession may be different.

BY MARC SANI

TAIPEI, Taiwan—Jay Graves was walking the aisles at the Taipei International Cycle Show when he bumped into Tony Lo, Giant’s chief executive officer; their conversation quickly turned to how consumers will react to higher bicycle prices.

Tagged Taipei Cycle Show

BY NICOLE FORMOSA

Tagged People

MORGAN HILL, CA (BRAIN)—Carlton Reid at Bikebiz.com broke this story yesterday.

Click on link for full story.

KENT, WA (BRAIN)—In a reorganization at Raleigh America, Chris Speyer has been named vice president of marketing and product. As part of the company’s realignment, Reed Pike’s position as marketing director has been eliminated.

BIRMINGHAM, England (BRAIN)—Brooks England, the English purveyor of handmade leather saddles and accessories since 1866, is inviting dealers worldwide to submit applications for its Dealers of Excellence 2008 program.

NEW BRUNSWICK, Quebec (BRAIN)—Barrett Corporation, a privately held international management Company, has become the majority shareholder in Cycles Lambert.

Roynat Capital now retains a significant minority interest in Cycles Lambert.

Tagged Mergers & Acquisitions / Distributor news

HAVERHILL, MA (BRAIN)—Mavic launched a password-protected Web site that makes it easier for retailers to place orders and track shipments. The Web-based tool allows dealers to order products and check stock levels without picking up the phone. It also lets them view open orders and shipment status online.

Tagged Web/Internet

WESTCHESTER, NY (BRAIN)—Stuart John Meyers, who owned and published the industry’s oldest trade magazine, American Bicyclist, has died. He was 83.

Tagged People

"After seeing the photo of the day on 3/21 and the article about the thought of Marc Sani in Lycra, I thought you and your staff could use some freshly roasted coffee to ease the pain and break in the new machine."

—Mark Ritz, Kinetic Koffee Company

SAN DIEGO, CA (BRAIN)—Kimberlee Caledonia passed away on March 19 after courageously battling brain cancer for more than two years. She was 45 years old.

Tagged People

TORONTO, Ontario (BRAIN)—Ontario's latest provincial budget features a two-year extension of the tax holiday on bikes, introduced last December.

NORRIDGE, IL (BRAIN)—Lexco will be showcasing its services, products and a selection of vendors at its Open House on Thursday, April 8, from 6-10 p.m.

IRVINE, CA (BRAIN)—Felt Bicycles has launched a new "Ride & Believe" test ride and dealer demo program.

The program is specifically designed to increase awareness of, and encourage consumers to ride, Felt's award-winning full-suspension EquilinkT equipped mountain bikes.

"I'm a good fisherman; sometimes I'm a good catcher-man."

—President Bush, talking Tilapia on Tuesday at the White House with Bass champs Alton Jones and Judy Wong.

Pages

Subscribe to RSS - Industry News