Industry News

HEERENVEEN, Netherlands (BRAIN) Wednesday May 23 2012 8:47 AM MT—Accell Group N.V. has completed the purchase of all issued shares in Raleigh Cycle Limited, the company announced Wednesday.

Tagged Mergers, Acquisitions & Investments

PLOVDIV, Bulgaria (BRAIN) Wednesday May 23 2012 5:53 AM MT—Dahon has begun producing bikes for the European market in Bulgaria through a partnership with local manufacturer Maxcom.

Washington leads bike-friendly states ranking • Shimano Europe donates €50k to Make-A-Wish • Minnesota high school leagues readies for debut

BATH, United Kingdom (BRAIN) Tuesday May 22 2012 1:15 PM MT—Future media group revenue fell 11 percent in the half-year ending March 31 although its digital business was a bright spot with iPad sales and digital advertising both on the rise, according to an earnings report released

Tagged Earnings/Financial Reports

DUBLIN, Ireland (BRAIN) Tuesday May 22 2012 12:20 PM MT—Ireland’s first cycling show will return for a second year after a successful showing last weekend in Dublin.

Tagged Tradeshows and conferences

JAKARTA, Indonesia (BRAIN) Tuesday May 22 2012 9:05 AM MT—Schwalbe has expanded its factory in Indonesia and is now producing its own tubulars at the 80,000-square-meter (861,000-square-foot) plant in Jakarta.

Trips for Kids gala raises $95,000 • Tifosi and Cébé introduce new eyewear models • Cat's Tongue maker sponsors J-Pow and Tommy D

NOTTINGHAM, England (BRAIN) Monday May 21 2012 3:06 PM MT—Alan Oakley, a long-time Raleigh Bicycles designer best known for the Chopper youth bikes, died Friday. He was 85 and died of cancer, according to a company release.

Committee approves new U.S. Bicycle Routes • Quarq offers Specialized and Cannondale power meters • Darn Tough to work with StoneNsea Sales for Southeast • Specialized adds online ordering for custom water bottles • Third Philly Bike Expo set for Oct. 27-28

HAVERHILL, MA (BRAIN) — Mavic, Inc.'s new general manager, Hugh Walton, is recovering from a stroke at a Massachusetts hospital.

Marty McFly: Wait a minute, Doc. Ah ... Are you telling me that you built a time machine ... out of a DeLorean?

League, other groups release new biking data • DeFeet recognized at White House ceremony • CrossBikeReview to bestow awards

AVALON, CA (BRAIN) Thursday May 17 2012 2:08 PM MT—The first mountain bike event ever held on Catalina Island off the Southern California coast was quickly deemed a success, and promoters are crossing their fingers for a return.

Tagged Consumer Expos and Rides

World Triathlon Corporation, the owner of the Ironman events and trademark, has sold its two-year-old magazine to a group of investors that includes WTC executive and former Triathlete magazine owner John Duke.

Tagged Mergers, Acquisitions & Investments

Bryson Martin has departed Marzocchi after more than 20 years of leading the suspension brand's U.S. efforts in the bike industry.

Martin and three other ex-Marzocchi employees have formed a new company, Bryson Martin Racing. He said he will reveal details of the new company's plans in the coming weeks.

BOULDER, CO (BRAIN) Thursday May 17 2012 8:07 AM MT—Jim Wannamaker has resigned as North North Americas sales and marketing director at Vee Rubber America.

Jagwire taps Hans Johnsen for Texas distribution • Clif Bar celebrates 20th anniversary, achieves green building certification • ENVE hires outside sales force • SoCal High School Cycling League plans Outreach Tour • Sportique donates proceeds from promotion to World Bicycle Relief

Dick’s reports record first quarter • Taichung Bike Week registration opens • Best of Bike show launches in Austria as Bike & Trimm Ends • Bicycle Garage Indy partners for cycling tours

BOULDER, CO (BRAIN) Tuesday May 15 2012 11:06 AM MT—A few preliminary details are emerging about the plan to merge three of the country's most powerful bike advocacy organizations.

Tagged Advocacy/Non-profits

LAB announces round of Bike Friendly Communities • ASI hires quality manager for Asia • SRAM produces videos on servicing Red parts • LEVA offers free trial membership

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