Industry News

The news is still not great, but 29er sales actually grew a bit.

BOULDER, CO (BRAIN) — Overall IBD sales were down 6 percent, not 11 percent.

BEND, OR (BRAIN) — Twenty-two years after racing with him on Team Z, Paul Willerton is teaming up with Greg LeMond again, at LeMond's new Minneapolis-based bike company.

PAAL-BERINGEN, Belgium (BRAIN) — Ridley co-owner and CEO Jochim Aerts and an investment group have bought out the Kumpen family's share of the Belgium bike brand.

Tagged Mergers, Acquisitions & Investments

COLORADO SPRINGS, CO (BRAIN) —  Gina Kavesh and Dorothy Nichols have been elected to fill two vacant positions on the USA Cycling Board of Directors, USAC announced this week.

BLOOMINGTON, MN (BRAIN) — Quality Bicycle Products is putting the final touches on a new in-house brand of accessories called MSW.

Tagged Distributor news

CHICAGO, IL (BRAIN) — RentaBikeNow.com, a nationwide bike rental network that helps cyclists find and rent bikes when traveling, has added direct deposit to its payment services so that bike rental payments are made directly into bike shop accounts. 

BALTIMORE, MD (BRAIN) — Sports clothing brand Under Armour has paid $150 million for MapMyFitness, the digital fitness mapping company that claims to have more than 20 million registered users. 

Tagged Mergers, Acquisitions & Investments

BOULDER, CO (BRAIN) — Active Americans are more optimistic and more likely than the general population to spend big this holiday season, according to a Leisure Trends' survey of its Most Active Americans Panel. 

BOULDER, CO (BRAIN) — The Outdoor Industry Association is reporting flat sales of outdoor products last month compared withthe same month last year. However, the OIA said sales of bikes and bike equipment through sportings goods retailers increased during the month.

ST. CHARLES, IL (BRAIN) — Bike computer maker Sigma has received an award from the group that supports use of the ANT+ wireless protocol.

Tagged Awards

PORTLAND, OR (BRAIN) — Friends and supporters of Portland framebuilder Christopher Igleheart are planning an event to help Iglebeart with medical bills resulting from a broken leg. Igleheart was hit by a car while riding his bike home recently. 

BOSTON, MA (BRAIN) — BMC Switzerland has added a social platform to its monthly electronic magazine, allowing BMC owners to share photos of their bikes, tell stories and more via social media. 

Tagged Web/Internet

FOOTHILL RANCH, CA (BRAIN) — BH Bikes has hired industry veteran Gene DiMenna as national sales manager. Gene DiMenna has 27 years in the cycling industry and has managed national sales for Trek, and globally for LeMond and DeFeet brands.

SAN LUIS OBISPO, CA (BRAIN) — California retailer Art's Cyclery is now distributing MarshGuard products to U.S. stores.

Tagged Distributor news

MINNEAPOLIS, MN (BRAIN) — Kinetic has hired David Simpson as full-time marketing manager; Simpson has worked as a contractor with the brand since 2008.

NEW YORK, NY (BRAIN) — Sotheby's New York will auction a limited edition Cinelli Laser prototype this month, with proceeds from the Nov. 23 sale to benefit The Global Fund to fight AIDS, Tuberculosis and Malaria.

David Wert

BOULDER, CO (BRAIN) — SmartEtailing has hired David Wert as its new client services director. He joined the company Oct. 14 and is working out of the company's Boulder office.

ST. LAURENT, Quebec  (BRAIN) —  Opus Bicycles has hired Thomas Kern of the TK Rep Group to represent its brand to dealers in Oregon, Washington, Idaho, Montana, Hawaii, and Northern California.

KONA, HI (BRAIN) — Felt Bicycles will be the official and exclusive bicycle sponsor of Triathlon School Hawaii.

SHARON HILL, PA (BRAIN) — Nathan has hired Ty Wivell as the brand’s eastern regional sales manager. 

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