Industry News

ROCHESTER, NY (BRAIN)—Terry Precision Cycling, a women's cycling company, has been acquired by former president and chief executive officer of the Vermont Teddy Bear Company, Elisabeth Robert.

Tagged Mergers, Acquisitions & Investments

LOS ANGELES, CA (BRAIN)—Since its inception in 2006, the Tour of California has always taken place in February, but not anymore.

Tagged Events

MORGAN HILL, CA (BRAIN)—Specialized is once again hosting its annual Bike to Work Day Industry Commute Cup Challenge to inspire some friendly competition within the industry during National Bike to Work Week, May 11-15 2009.

Tagged Events

CENTRAL ISLIP, NY (BRAIN)—A U.S. bankruptcy judge ordered Iron Horse Bicycle Company to turn over reams of internal documents related to its Chapter 11 bankruptcy during a two-hour hearing at the Long Island Federal Courthouse on Tuesday.

WASHINGTON (BRAIN)—President Obama on Tuesday nominated Inez Moore Tenenbaum as chair of the Consumer Product Safety Commission and Robert S. Adler as a new commissioner.

If confirmed by Congress, Tenenbaum would replace outgoing chair Nancy Nord, a George W. Bush appointee.

MADISON, WI (BRAIN)—Cycling Sports Group (formerly known as Cannondale Sports Group) executive vice president of global marketing Bruno Maier is leaving the company.

LOS ANGELES, CA (BRAIN)—When you think LA traffic, you probably just think of the 405 freeway.

But according to LA Times columnist Lopez you should think again.

Click on link to see Lopez's full column.

Tagged Media/Publishing

HELSINKI, Finland (BRAIN)—Mavic reported a 21 percent drop in net sales for the first quarter, blaming the decline on sharply lower orders from OE manufacturers.

TAICHUNG, Taiwan (BRAIN)—Giant chairman King Liu will embark on a challenging 1036-mile bicycle tour through China in May to promote the positive benefits of the cycling lifestyle.

Tagged Events

BOULDER, CO (BRAIN)—Catalyst's national sales manager Rod Judd has exited the company. He will now work in a larger capacity for Boulder County's advocacy programs.

Judd had been with Catalyst for four years.

Judd's responsibilities will be turned over to Gregg Thayer.

DENVER, CO (BRAIN)—Kickstand Magazine will launch its first issue (pictured) this June, and will have three more issues its first year.

Tagged Media/Publishing

LAKE SAN ANTONIO, CA (BRAIN)—Nearly 7,000 athletes converged on Lake San Antonio in Central California over the weekend to compete in the world famous Wildflower triathlon.

Tagged Events

NEW YORK, NY (BRAIN)—Nowhere is the diversity of cycling consumers more evident than 30,000 cyclists on bikes of all shapes, sizes and ages crossing the Verrazano-Narrows Bridge from Brooklyn to Staten Island.

Tagged Events

PHILADELPHIA, PA (BRAIN)—Thanks to two Philadelphia casinos—SugarHouse and Foxwood—the 25th annual TD Bank Philadelphia International Cycling Championship will go on Sunday, June 7.

Those two casinos, which haven’t been built yet, have committed $100,000 each.

Tagged Events

BERKELEY, CA (BRAIN)—Clif Bar & Company has hired Mike Valvano as national sales manager of the sports retail channel.

VISTA, CA (BRAIN)—Haro Bicycles has joined the Bicycle Product Suppliers Association as a supplier member.

BY JASON NORMAN

MONTEREY, CA—Communicating with consumers in today’s economic environment is more important than ever to keep one’s brand top of mind. And in that regard, suppliers appear to be staying the course.

BY MEGAN TOMPKINS

MONTEREY, CA—While hope for sales growth in the near future remains slim, Performance Bicycle chief executive officer Jim Thompson is taking an extended view of the retail business and preparing for a rebound in consumer confidence.

BY NICOLE FORMOSA

LAGUNA HILLS, CA—Trimming travel budgets, cutting marketing and advertising dollars, prioritizing spending—it’s all become standard as the industry takes a more conservative approach to business this year in response to the nation’s economic fallout.

WEST JORDAN, UT (BRAIN)—After serving as a part-time consultant for Reynolds Cycling since the beginning of the year, Paul Lew will now join Reynolds Cycling full-time as director of technology and innovation.

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