Industry News

(BRAIN) — Gruppo SRL, the parent company of Cinelli, announced on Dec. 30 that is has decided to terminate its distribution agreement with Cyclone Bicycle Supply for the United States market, effective immediately.

SUPERIOR, Colo. (BRAIN) — Industry supplier and retail locations were spared from direct impacts of a 6,000-acre suburban wildfire that destroyed hundreds of homes and businesses here on Thursday. However, many employees in the area were evacuated and some may have lost their homes.

BOULDER, Colo. (BRAIN) — News that Intense Cycle decided to sell a new line of bikes via Costco.com was the subject of the most-read story on BicycleRetailer.com in 2021, proving once again that speciality brands opening up new channels of retail distribution always garner attention in our industry.

ANOKA, Minn. (BRAIN) — Vista Outdoor Inc. is acquiring the hunting gear brand Stone Glacier, which will be part of its outdoor products segment. Vista Outdoor's Action Sports segment includes Bell, Giro, Blackburn and Quietkat.

Tagged Mergers, Acquisitions & Investments

IRVINE, Calif. (BRAIN) — The NBDA Bicycle Buying 2021 reference guide is available for suppliers, brands, and retail members. The guide is a consumer research study of pandemic bicycle and e-bike buying habits.

SYDNEY, Australia (BRAIN) — BikeExchange, the Australia-based marketplace, has acquired Kitzuma, a bike-shipping service that launched last December

Tagged Mergers, Acquisitions & Investments

BIEL, Switzerland (BRAIN) — DT Swiss will acquire disc brake company Trickstuff. The acquisition is expected to be completed on Jan. 1.

Tagged Mergers, Acquisitions & Investments

BILBAO, Spain (BRAIN) — Canyon will partially license Orbea's patented rear-shock lockout cable routing technology. Orbea's patent for the "Inside Line" covers improvements to the lockout routing, enhancing aesthetics and providing a more direct path between the shock and remote lever.

GOLDEN, Colo. (BRAIN) — Commencal Bikes & Skis has expanded its B2B program to allow retailers to order directly from its website with a dedicated platform.

IRVINE, Calif. (BRAIN) — A global consumer brand investment firm announced an investment in Pedego Electric Bikes. Verlinvest's undisclosed amount will be used to increase the number of Pedego stores and inventory, and support innovation.

Tagged Electric bike / Mergers, Acquisitions & Investments
Quirk, the co-founder of Competitive Cyclist and former Rapha North America president, takes over Dec 20 from Rob DeMartini.

(VELONEWS) — USA Cycling will have a new CEO on Monday, as its current chairman of the board Brendan Quirk will step into the role vacated by Rob DeMartini, who is leaving to head up Purple Innovation, a mattress and pillow company.

Welcome a new $1 billion-plus player to the bike industry.

NEW YORK (BRAIN) — After a merger with Signa Sports United — which calls itself "the hidden champion of sports e-commerce" — well-known bike e-commerce sites Wiggle and Chain Reaction are part of a publicly-traded retail group with about $1.8 billion in annual sales, much of it in the bike segment.

Tagged Mergers, Acquisitions & Investments

(CYCLINGTIPS) — USA Cycling President and CEO Rob DeMartini is leaving that role to become the acting CEO and a board member at Purple, which makes mattresses, pillows, and other comfort products.

OSAKA, Japan (BRAIN) — Shimano says it successfully petitioned the Internet Corporation for Assigned Names and Numbers to have an e-commerce website taken down because it was posing as a Shimano company site. 

LONDON (BRAIN) — Bike.Rent Manager, a bike rental software platform, has secured 490,000 pound ($648,000) investment in a recent funding round in partnership with Universum Wealth. BRM said it is profitable and growing fast with customers in over 27 countries. 

Tagged Mergers, Acquisitions & Investments
Karen Malogorski.

BOULDER, Colo. (BRAIN) — For our December magazine edition, we asked our State of Retail panel members: What percentage of your business is service and how are you managing parts shortages?

Tagged State of Retail / From the Magazine

TREVIGLIO, Italy (BRAIN) — Bianchi has unveiled plans to build a new headquarters building and factory here. The 30,000 square meter (325,000 square foot) facility will have about 17,000 square meters devoted to bike production. Production is expected to begin in 2023.

RP Designs Smart-Cockpit.

ALPHARETTA, Ga. (BRAIN) — New cycling component company RP Designs has acquired mountain bike brand Ellsworth from the ASG Group. RP Designs and Ellsworth will offer a complete bike lineup, components, and accessories.

Tagged Mergers, Acquisitions & Investments

SUN PRAIRIE, Wis. (BRAIN) — American Classic is back, first as a consumer-direct tire brand, but wheels — and dealer sales — are on the horizon, the reborn company’s new president, Chris Clinton, told BRAIN.

IRVINE, Calif. (BRAIN) — If you are seeing some fresh faces in the stores and on the trails these days, there's a good reason: Fully half of today's cyclists either entered the sport in the last two years or returned to it after a lay off. 

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