Industry News

WESTBROOK, Maine (BRAIN) — The North America Bikeshare Association and the Better Bike Share Partnership are working together to produce a bikeshare conference, to be held Sept. 4-7 in Portland, Oregon. 

Tagged Tradeshows and conferences

WASHINGTON (BRAIN) — The Rails-to-Trails Conservancy is promoting its sixth annual Opening Day for Trails for next weekend, Saturday, April 7.

SANTA CRUZ, Calif. (BRAIN) — Gazelle Bicycles has added five new independent sales organizations in the Western U.S: Axis Sports Group and Norcal Sports Group in Southern and Northern California; Brad Barber in Colorado; and Dean Kuzara and Aaron Malone dividing the Pacific Northwest.

FARMINGTON, Utah (BRAIN) — Vista Outdoor Inc. has named Miguel "Mick" Lopez as the company's senior vice president and Chief Financial Officer, effective April 16. Lopez has over 30 years of experience in finance, operations and strategy.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike announced Wednesday that the Stetina's Sierra Prospect gran fondo will take place during the Northstar Free-Ride Festival, the consumer event that precedes Interbike's trade expo in the Reno-Tahoe areas this September.

Tagged Consumer Expos and Rides / Interbike

MORGAN HILL, Calif. (BRAIN) — Specialized will increase wholesale and suggested retail prices on select 2018 model year bikes starting on April 15. The company announced the change in a recent letter emailed to its dealers.

WILTON, Conn. (BRAIN) — QBP will now be distributing some products from Fabric, a brand owned by Dorel's Cycling Sports Group.

QBP will distribute some Fabric saddles, lights, and inflation products. 

Tagged Distributor news
ANA was the largest investor in the mobile service franchiser; now it is full owner.

KENT, Wash. (BRAIN) — Accell North America has acquired Beeline Bikes, the mobile service franchiser. ANA has been an investor in the company for several years.

Tagged Mergers, Acquisitions & Investments

TAICHUNG, Taiwan (BRAIN)  —Giant Manufacturing, closing its books on 2017, posted revenue for the year of $1.9 billion, a 3.5 percent decline from 2016.

OSAKA, Japan (BRAIN) — Shimano Inc. has issued a public apology after a fire at its factory in Sakai, Japan, on Monday.

According to the company, the fire was in a surface treatment area and workers were evacuated.

The Renovo Aerowood

PORTLAND, Ore. (BRAIN) — Al Spinks' investment in Renovo Bikes is helping the wooden frame maker double its production capacity and transition from custom to production frames. 

LAKE OSWEGO, Ore. (BRAIN) — Yakima is expanding its retail training program, which includes hands-on training at clinics and events across the country, and online training through the Yakima Garage and Brandlive platforms.

Tagged Retailer education

SANTA MONICA, Calif. (BRAIN) — Spinlister, which launched as a peer-to-peer bike rental program (short-handed as "Airbnb for bikes") and went on to offer a dockless bike share program and bike rental and demo management software for bike shops, is shutting down.

WASHINGTON (BRAIN) — The $1.2 trillion omnibus spending package that President Donald Trump signed Friday contained some good news for bike advocates, despite their concerns that Trump's proposed budget would gut some of the programs.

GOLDEN, Colo. (BRAIN) — Andorran consumer direct mountain bike brand Commencal is moving its U.S. office to Colorado, after three years in Carlsbad, California.

UPDATED: Ofo says it voluntarily withdrew from NABSA.

TALLAHASSEE, Fla. (BRAIN) — The North American Bikeshare Association has expelled Ofo US Limited from its membership. The company is the U.S. operation of China's Ofo, one of the world's largest dockless bike share companies.

Hawley-Lambert will distribute Promovec-made e-bikes in North America under the EVO brand.
The EVO Bushwick is available in a step-thru and standard frame.

LEVIS, Québec and LEXINGTON, S.C. (BRAIN) — Hawley-Lambert has reach an agreement with Promovec, a Danish e-bike brand, to distribute Promovec-made e-bikes in the U.S.

Tagged Electric bike

MONTRÉAL (BRAIN) — The liquidation of Toys "R" Us has forced Dorel Industries to issue a new audited financial report, now showing a charge of $3.8 million due to the toy store chain's closure. $3.1 million of the charge is from Dorel Sports, which includes bicycle sales.

Tagged Earnings/Financial Reports

WASHINTON, D.C. (BRAIN) — President Trump announced Thursday he was beginning to take steps toward imposing tariffs on up to $60 billion of Chinese imports. The move is motivated by the administration's belief that China has a history of forcing U.S.

Tagged Tariffs

SAN JUAN CAPISTRANO, Calif. (BRAIN) — The third episode of Interbike's podcast is looking at recent growth in the BMX category.

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