Industry News

CHARLOTTE, N.C. (BRAIN) — Gita Sporting Goods has announced that it has hired The Weller Group to represent its products in New England. Gita sells products from Giordana, Pinarello, Pegoretti, DMT, Campagnolo, MOst and Gommitalia.

SEATTLE (BRAIN) — Commuters pedaling to work in Seattle, San Diego and Austin, Texas, on Bike to Work Day, Friday, May 16, can enjoy free electrolyte drinks provided by Nuun.

HO CHI MINH CITY, Vietnam (BRAIN) — Information on the rioting that may have partially destroyed or damaged a variety of Taiwanese-owned factories in Ho Chi Minh City is sketchy, but initial reports say at least a half-dozen were damaged or destroyed.

LOUISVILLE, Colo. (BRAIN) — Following its recent acquisition of Alchemy Wheel Works' spoke and rim business, component and tool supplier Wheels Mfg. is now offering a wide range of Sapim and Wheelsmith spokes, including custom lengths.

PHILADELPHIA (BRAIN) — The first-ever U.S. Brompton Urban Challenge will be hosted by the City of Brotherly Love in late May. Brompton owners’ orienteering skills will be put to the test as they make their way to secret destinations and Philadelphia landmarks. The event will be held Saturday, May 31.

Tagged Events

SACRAMENTO, CA (BRAIN) — In recognition of National Bike Month, the Silicon Valley Bicycle Coalition is sponsoring “Bike to Shop Day” on Saturday, May 17, with 90 area retailers to encourage cycling for short trips and errands and to promote shopping locally.

Tagged Advocacy/Non-profits / Events
COCHRANE, British Columbia (BRAIN) — Cafe Roubaix Bicycle Studio, a retailer known for its trademark dispute with Specialized last year, is now the Canadian distributor of Pacenti Cycle Design products.
 
Tagged Distributor news
Ribbon cutting at the Shinola leather factory.

DETROIT (BRAIN) — Bike, watch and leather goods brand Shinola has opened a leather factory in Detroit and is now making watch straps.

The factory will expand to make small leather goods and eventually handbags, the company said.

UPDATE
Bult action-cam helmet at Interbike 2013

SCOTTS VALLEY, Calif. (BRAIN) — Most retailers are unfamiliar with the Southern California company C-Preme, but its patent-pending technology that integrates a video camera inside a helmet could add some zest to future helmet sales. That’s the strategic thinking behind BRG Sports’ acquisition Tuesday of the 4-year-old helmet company, Terry Lee, chairman and CEO of BRG Sports, told BRAIN in an interview late Tuesday.

Tagged Mergers, Acquisitions & Investments

AIGLE, Switzerland (BRAIN) — The UCI is planning a fourth and possibly a fifth "satellite" World Cycling Center, to be built somewhere in Central or South America in the next few years.

Tagged Racing & Sponsorship

OSAKA, Japan (BRAIN) — Shimano’s sales hit $742.2 million (75.7 billion yen) over the first quarter, compared to $620.5 million (63.3 billion yen) over the same period last year. Sales in its bike division hit $598.6 million (61.1 billion yen), an increase of 19 percent. 

Tagged Earnings/Financial Reports

HUNTINGTON BEACH, Calif. (May 12, 2014) – SDG Components has launched a new website at sdgcomponents.com.

BOULDER, Colo. (BRAIN) — The Bicycle Product Suppliers Association is joining dozens of other U.S. trade associations in urging a quick settlement of talks between the West Coast shipping industry and the Longshore and Warehouse union.

The union's contract expires June 30.

VANCOUVER, Wash. (BRAIN) — The Gravity Cartel, the U.S. sales and service office for Spank Industries and iXS Sports, has launched a dealer B2B site.

HAVERHILL, Mass. (BRAIN) — Mavic Inc. is offering its MP3 product protection plan for $1 now through Sept. 30 on some wheel-tire combos, the company announced.

COLORADO SPRINGS, Colo. (BRAIN) — Crossbikereview.com has added two new contributors to its site.

The first is Joe Pinzone, who is an architect, father and cyclocross expert. Pinzone has already contributed several articles to the site, including a shoe review and an article on kids' cyclocross bikes.

COLORADO SPRINGS, Colo. (BRAIN) — TYR Sport has renewed its Gold-Level Partnership with USA Triathlon through 2016, the company announced Monday.

Tagged Racing & Sponsorship
Bell's Australian motorsports distributor, Monza, will take over bike helmet distribution there.

SCOTTS VALLEY, Calif. (BRAIN) — BRG Sports has extended its distribution agreements with Australia' Sheppard Industries for BRG's Giro and Blackburn products. Both agreements have been extended five years.

Tagged Distributor news

MUKILTEO, Wash. (BRAIN) — Full Speed Ahead released a revised minimum advertised price policy late last week and said it has initiated zero-tolerance enforcement for abusers. Violators of the policy will be not be eligible for future purchase of FSA products until further review, the company said in a release.

SEYMOUR, Conn. (BRAIN) — Thule has hired Dan Connors as a lead engineer, the company announced Friday. Connors joins Thule from Cannondale where he spent 20 years designing bicycle frames, cranks and other components.

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