Industry News

GREENSBORO, NC (BRAIN)—Bikerumor.com founder and head honcho Tyler Benedict just launched Triathlonrumor.com, which as its name suggests focuses on triathletes.

Tagged Media/Publishing

MUKILTEO, WA (BRAIN)—Component manufacturer Full Speed Ahead is warning its retailers and end consumers about purchasing product online or from foreign trading sites in light of ongoing problems with counterfeit items originating from China.

PARK CITY, UT (BRAIN)—Backcountry.com will soon be breaking ground on a new fulfillment center in Virginia.

NORCROSS, GA (BRAIN)—Blue Competition Cycles Inc. and Ciclo Werks have entered into a six-year agreement in which the St. Agatha, Ontario-based bike distributor will become an exclusive Blue dealer, expanding the company’s affiliation with its Northern neighbors.

Tagged Distributor news

SACRAMENTO, CA (BRAIN)—California's Department of Parks and Recreation has begun the process of closing 70 of the states 276 state parks even as park supporters race to find non-profits to keep some of them open.

BOULDER, CO (BRAIN)—Each year since its inception in 1996 Selling Cycling’s content is determined by the results of a retailer poll.

“We rely completely on the customer base to tell us what the hot-button training issues are,” said Selling Cycling creator and Growth Cycle president Ray Keener.

"You need just as much drive to be a good businessman as you do to excel as an athlete. The difference is that the athlete knows how good he's doing at the end of the day by looking at his results. The businessman doesn't know until the end of the year when he looks at his balance sheet."

BLOOMINGTON, MN (BRAIN)—QBP has reached an agreement with Mt. Borah that makes it the exclusive source for the clothing brand’s retail lines.

Tagged Distributor news

LOS ANGELES, CA (BRAIN)—Stile Products, the new Los Angeles-based distributor for urban cycling brands Tern Bicycles and BioLogic accessories, has hired Dale Aguas as its North American territory manager.

***LA Times is reporting that GM has pulled advertisement. Click on above link to read story.***

LAGUNA HILLS, CA (BRAIN)—It’s being updated and will soon be back. The 2012 Industry Directory is in the works and will be included with the January issue of Bicycle Retailer & Industry News.

Tagged BRAIN News

CENTERVILLE, OH (BRAIN)—Huffy has appointed Action Bikes Pvt as its exclusive distributor for the Indian market.

The company will be offering 15 models in India and Action Bikes will be marketing and selling the products across the country.

Tagged Distributor news

HEERENVEN, the Netherlands (BRAIN)—Accell Group N.V. has sold its 22 percent stake in Derby Cycle AG to Pon Holdings at a price of €28 per share.

For Accell Group this results in a book profit of €17 million on the sale of its shares in Derby Cycle.

Tagged Earnings/Financial Reports

WATSONVILLE, CA (BRAIN)—Fox has added Dennis Lane as its new bicycle division vice president and general manager. Lane had been with Giant Bicycles as global director of product development.

CHEBOYGAN, MI (BRAIN)—This northern Michigan town along the shore of Lake Huron and the Straits of Mackinac boasts some of the state’s best trails including the 61-mile North Central State Trail and 70-mile North Eastern State Trail.

MOAB, UT (BRAIN)—Chilly temperatures and some rain didn't dampen the spirits of the record crowd that turned out for Outerbike.

The three-day consumer demo event saw 800 people in attendance—doubling that of last year—and they just had one thing on their minds.

Tagged Tradeshows and conferences

KONA, HI (BRAIN)—Cervelo has retained its position atop the Kona Bike Count this year with 488 bikes.

Trek did overtake Specialized (4th) for the second position with 185 bikes, while Felt rounded out the top three with 124 bikes.

Tagged Racing & Sponsorship

Cane Creek's Chris Strout and his wife welcomed into the world on October 5 Caleb Daniel. He weighed in at 7 lbs, 8 oz and was 21 inches long. He's a quick one, making his world debut after only three hours of labor.

TAIPEI, Taiwan (BRAIN)—The export value of bicycles from Taiwan reached $683 million through May, an increase of 9.4 percent from last year.

SACRAMENTO, CA (BRAIN)—Despite hundreds of letters from cyclists, advocates and industry suppliers and retailers in support of a bill that would require motorists to give riders three feet of room when passing, California Gov. Jerry Brown vetoed the pending legislation Friday.

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