News
SAN JOSE, Costa Rica (BRAIN)—Shimano is expanding its neutral support program in Latin America by sponsoring the granddaddy of all adventure races: La Ruta de los Conquistadores.
CLOPPENBURG, Germany (BRAIN)—Derby Cycles sold 73,000 electric bicycles in the first nine months of the year, a jump of nearly 86 percent from the same time period last year, according to an earnings report released by the company on Monday.
VANCOUVER, British Columbia (BRAIN)—Rocky Mountain Bicycles and Silverfish have ended their distribution partnership for the UK market after seven years.
BETHEL, CT (BRAIN)—Cannondale’s global marketing director Frank Hwang is no longer with the company.
Cannondale officials didn’t say much about the internal change, but Bob Burbank, the company’s general manager, issued a brief statement confirming Hwang’s departure and wishing him well.
DUARTE, CA (BRAIN)—Raleigh UK will now distribute Dahon in the United Kingdom.
CHATSWORTH, CA (BRAIN)—Currie Technologies has hired industry veteran Russell Bockin as national sales manager. He replaces Jack Gresmer, who is now at Light & Motion.
POZZOLEONE, Italy—Selle Royal has made a minority investment in Retül for the purpose of “supercharging” the company’s existing business model.
Retül is a Boulder, Colorado-based bike fit technology company.
OLATHE, KS (BRAIN)—Garmin has just introduced a new Authorized Fitness Reseller Program.
VIRGINIA BEACH, VA (BRAIN)—While Hurricane Irene bears down on the Eastern seaboard many retailers are already bracing for its impact—and not just the possible physical toll.
LAGUNA NIGUEL, CA (BRAIN)—Scott Montgomery is no longer affiliated with Lifeboat Events, organizer of PressCamp, DealerCamp and Urban PressCamp, according to Chris Zigmont, one of the partners in Lifeboat Events.
WESTPORT, CT (BRAIN)—Compass Diversified Holdings acquired a controlling interest in CamelBak Products in a $257.5 million deal announced late Wednesday.
TAIPEI, Taiwan (BRAIN)—Taiwan’s top two manufacturers reported modest revenue increases in July and for the first seven months of the year, according to numbers released on the Taiwan Stock Exchange.
LA FUYE, France (BRAIN)—Cyfac International has added four new international partners to its network of global distributors.
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