Industry News

Publisher Marc Sani sent out a newsletter yesterday via e-mail that stated Selle Italia had bought Crankbrothers recently, when in fact he meant to say Selle Royal had bought Crankbrothers.

Tagged BRAIN News

WASHINGTON, D.C. (BRAIN)—In its eighth year running, the National Bike Summit is setting new records this year with more than 500 registered attendees including more than 70 retailers, more than double the number of retailers from previous years.

Tagged Events

WATSONVILLE, CA (BRAIN)—Fox Racing Shox has hired David Haugen as general counsel and chief patent counsel. Haugen will be located at the Fox headquarters in Watsonville, California.

WILKES-BARRE, PA (BRAIN)—Loren Sickler, a five-decade fixture in the Pennsylvania bicycle industry, passed away on Feb. 10.

He was 95.

Sickler’s brother, Leo, opened a bike shop called Sickler’s in 1933, and in 1947 Loren Sickler joined the business.

Surf's up, kiddies! The Surf Cycle is the only bike out there with a patented aluminum surfboard toptube, courtesy of the American Flyer Bicycle Company.

COSTA MESA, CA (BRAIN)—Following an initial contribution of $7500 last summer, the NBDA Board has voted to commit another $7500 to defend the ubiquitous quick-release axle.

The latest contribution will be matched by the supplier side of the industry, said NBDA executive director Fred Clements.

SANTA FE, NM (BRAIN)—Bicycle Technologies International (BTI) is seeking a few good dealers to introduce the Commencal brand to the U.S. market.

Pro riders like Cedric Gracia have racked up an impressive list of world championship wins on Commencal bikes since the brand launched in 2000.

Tagged Distributor news

"Wait, what did you just say? You're predicting $4-a-gallon gasoline? That's interesting. I hadn't heard that...I know it's high now."

—President Bush, responding in a news conference to a reporter last week, who said some analysts expected prices to climb that high shortly.

VALYERMO, CA (BRAIN)—Slowtwitch.com recently acquired the multisport race calendar Findatriathlon.com and incorporated it with several updates into its very popular multisport Web site.

Tagged Web/Internet

WASHINGTON D.C. (BRAIN)—A recent survey by the National Retail Federation (NRF) found that 12.1 percent of consumers plan to treat themselves to a major purchase with their tax refunds. But bike shops aren’t too bullish on consumers spending it in their stores.

LAGUNA HILLS, CA (BRAIN)—Bicycle Retailer and Industry News is once again doing the Sea Otter Show Dailies.

That means we need your help.

Tagged Consumer Expos and Rides

In the Cannondale/Dorel March 1 print story, there was a line that stated when Performance used to carry Cannondale "apparel" in parenthesis. We meant to say when Performance used to carry Cannondale "bikes." Performance still does carry select Cannondale apparel and accessories.

Tagged BRAIN News

BY MEGAN TOMPKINS

SAN JUAN CAPISTRANO, CA—Interbike will decide in the coming months where the industry will gather for its annual event starting in 2010. Along with Las Vegas, Interbike’s home for the past 10 years, Denver and Anaheim are on the table.

Tagged Tradeshows and conferences / Interbike

BY JASON NORMAN

PORTLAND, OR—Local fire officials were among the unlikely guests at this year’s North American Handmade Bicycle Show. They dropped by on the second day of the show because the Oregon Convention Center exhibit hall was at capacity.

Tagged Events

BY JASON NORMAN

MONTREAL, Quebec—When Dorel Industries purchased Cannondale early last month the industry’s top tier became a little more crowded and competitive.

Dorel had no problem throwing down the gauntlet either.

Tagged Mergers, Acquisitions & Investments

LAGUNA BEACH, CA (BRAIN)—After his longtime partnership with GT ended at the end of 2007, Brian Lopes was continually asked by media and fans who he'd be riding for in 2008.

Well, the wait is over, as Lopes has chosen Ibis Cycles.

TRUCKEE, CA (BRAIN)—Jim Taylor, the man who founded Jet Lites, died Monday morning in a skiing accident at Squaw Valley in Lake Tahoe.

Jet Lites has been in business for nine years making high-end lighting for cyclists.

For details on how the accident occurred click on link.

HEERENVEEN, Netherlands (BRAIN)–Accell Group is buying Ghost Mountainbikes, a high-end German bicycle brand, adding yet another premium bike company to its ever-growing corporate portfolio.

Tagged Mergers, Acquisitions & Investments

OSAKA, Japan (BRAIN)—Shimano’s 2007 net income jumped 44 percent, to about $178 million, after the components giant set an all-time sales record of nearly $1.9 billion last year.

Tagged Earnings/Financial Reports

FRYEBURG, ME (BRAIN)—Downeast Bicycle Specialists, the Northeast’s largest parts and accessories distributor, will once again be holding an Open House in Maine.

Tagged Events / Distributor news

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