Industry News
HAAR, Germany (BRAIN) — The last of BionX Canada's operating subsidiaries, BionX GmbH, has announced it will close its offices near Munich on Dec. 10 after more than 10 years in business there and an unsuccessful effort to find a buyer.
HOOD RIVER, Ore. (BRAIN) — Dakine, an outdoor sports lifestyle brand that offers bike clothes and bags, has been acquired by Marquee Brands LLC, a brand management company that owns the Bruno Magli and Body Glove brands, among others.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Outdoor Retailer said that all three of its shows in 2019 will be three days long. OR's Summer Market in June and Winter Market in November will be shortened from the original four-day plans. January's Snow Show remains three days as scheduled.
DURHAM, N.C. (BRAIN) — Taiwan-based manufacturer Ideal Bicycle Corp. has told the bankruptcy court here that it opposes Advanced Sports Enterprises' request to be released from its manufacturing and licensing agreements with Ideal.
HELSINKI (BRAIN) — Bloomberg is reporting that Chip Wilson, the founder of yoga apparel brand Lululemon Athletica Inc., is set to join the investor group that is trying to buys Amer Sports, which owns Mavic, Enve and other brands.
RICHMOND, Calif. (BRAIN) — Cycle Monkey on Monday announced a new partnership with Nicolai Bicycles to bring the German mountain bike brand’s line of handmade custom and standard-size aluminum framesets to the U.S. market — selling consumer direct and also offering sales to interested dealers.
TAIPEI, Taiwan (BRAIN) — Germany-based bicycle trade and industry journalist Jo Beckendorff is retiring from frontline duty at KB Media Ltd., publisher of the Eurobike and Taipei Show Dailies, at the end of this year.
BUENOS AIRES, Argentina (BRAIN) — President Donald Trump and Chinese President Xi Jinping agreed to a truce in the ongoing trade war this weekend. Trump agreed to delay implementing a 25 percent tariff on Chinese goods — including at least $1 billion in bike-related products — that had been set to take effect Jan. 1.
MADISON, Wis. (BRAIN) — Eight years after it began offering e-bike vacation packages, Trek Travel said it has averaged an annual increase of 50 percent per year since 2016 on e-bike trips. The most popular e-bike trips are offered in California, Tuscany and Provence.
NEW YORK (BRAIN) — Ride share company Lyft has completed its purchase of Motivate, the country's largest bike share company. The purchase was originally announced in July.
BLOOMINGTON, Minn. (BRAIN) — Quality Bicycle Products announced Friday that it has promoted Todd Cravens to vice president of business development.
WASHINGTON (BRAIN) — The Sports & Fitness Industry Association is urging the Senate to pass the Personal Health Investment Today Act during its lame-duck session this fall. The PHIT Act passed the House in July.
INDIANAPOLIS (BRAIN) — Marian University has announced the first recipient of its cycling team mechanic scholarship: Charis Lott of Fortville, Indiana. Marian, consistently one of the top schools in collegiate cycling, believes its team mechanic scholarship is the first of its kind in the nation.
HO CHI MINH CITY, Vietnam (BRAIN) — Before the start of any U.S. and EU discussions of tariffs on e-bikes out of China, Taiwan frame builder Astro Engineering Co. Ltd. started to increase its aluminum and carbon frame production capacity in Vietnam.
PITTSBURGH (BRAIN) — Dick's Sporting Goods has reported an increased consolidated net income of $37.8 million for the third quarter ended Nov. 3, compared with $36.9 million during the same period in 2017.
LONGMONT, Colo. (BRAIN) — You may have noticed a new section at the top of our homepage: "For the Record." Here's what it's all about.
WASHINGTON (BRAIN) — Rails-to-Trails Conservancy has hired Ryan Chao, currently the vice president of the Center for Civic Sites and Community Change at the Annie E. Casey Foundation, as the organization's third president. Chao will join RTC on Jan. 28.
FRIEDRICHSHAFEN, Germany (BRAIN) — Eurobike has set the dates for the fifth edition of its Media Days event, which will be held July 2-4, 2019, at Kronplatz Mountain in South Tyrol, a region in the Dolomite Mountains in Northern Italy.
BERGAMO, Italy (BRAIN) — Early Monday morning a group of masked robbers entered the 3T headquarters building here and stole all of the brand's display and demo bikes, including an Exploro frame painted by the late Dario Pegoretti.
AIMERE, Netherlands (BRAIN) — Pon Holdings has purchased 338,121 ordinary shares in Accell Group N.V., giving it a total of 5,332,769 ordinary shares, representing 20 percent of the company's shares.
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