News

Posted August 5, 2011

VILLORBA, Italy (BRAIN)—A memorial service is scheduled today in Italy to honor Andrea Pinarello, the 40-year-old son of Pinarello founder Giovanni Pinarello who died last week of a heart attack.

Andrea collapsed at the finish line of the first stage of the Giro del Fruili amateur stage race.

Posted August 5, 2011

BOULDER, CO (BRAIN)—Zeal Optics has hired Joe Prebich at its new marketing director.

Posted August 5, 2011

CERRITOS, CA (BRAIN)—BMX racing legend Toby Henderson is leaving VSI Products to pursue "something big and relevant" within the BMX world.

Posted August 4, 2011

NANJING, China (BRAIN)—Asia Bike, billed as the first bike show focused on the high-end market in China, saw success in its inaugural year with attendance from more than 130 top industry brands.

Posted August 4, 2011

LA CANADA FLINTRIDGE, CA (BRAIN)—Sports Chalet saw its sales total $82.8 million, an increase of 3.9 percent in the first quarter compared with a year ago. Sports Chalet, however, still reported a loss of $0.8 million, or 6 cents a share.

Posted August 4, 2011

CLOPPENBURG, Germany (BRAIN)—Germany’s Derby Cycle expects to post third-quarter revenue of around 84.4. million euros ($122.3 million), an increase of 35 percent over the same quarter last year.

Posted August 4, 2011

HELSINKI, Finland (BRAIN)—Mavic sales grew 17 percent in the second quarter of the year, driven equally by sales of wheels and cycling soft goods like footwear and apparel, Heikki Takala, president and CEO of Mavic’s owner Amer Sports said in a conference call on Thursday.

Posted August 4, 2011

BOULDER, CO (BRAIN)—Competitor Group, Inc. (CGI) has announced today that Neal Rogers has been promoted to editor-in-chief of Velo.

He takes over for Ben Delaney, who left the magazine after the Tour de France so that he could spend more time with his family.

Posted August 3, 2011

JORDANELLE STATE PARK, UT (BRAIN)—Dennis Holliday, Raleigh’s territory manager in Utah and Nevada, said he was surprised at the interest outdoor retailers expressed when visiting the Raleigh booth at Outdoor Retailer’s Open Air Demo at Jordanelle Lake.

Posted August 3, 2011

BOULDER, CO (BRAIN)—CatEye Electronics is going dealer-direct in the U.S. market with the recent formation of CatEye America. Beginning Sept. 1, CatEye products will be available to independent bike dealers for direct purchase as well as through Quality Bicycle Products.

Posted August 3, 2011

SAN JUAN CAPISTRANO, CA (BRAIN)—With 30 business days left before Interbike 2011, the 30th anniversary of the show has already surpassed last year’s show in overall size.

Posted August 3, 2011

SANTA ANA, CA (BRAIN)—Dahon North America’s legal team has filed a second request asking a judge to bar competing brand Tern Bicycles from using what it claims are Dahon’s resources in operating its business.

Posted August 3, 2011

BURNABY, British Columbia (BRAIN)—Sugoi Performance Apparel, part of the Apparel Footwear Group (AFG) division of Dorel Industries, has appointed Kyle Weiner as president of Dorel's Apparel Footwear Group.

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