Industry News
HELSINKI (BRAIN) — Amer Sports is increasing its presence in the softgoods market, which has been one of its best performing segments in recent years, with the purchase of Peak Performance.
BURKE, Vt. (BRAIN) — The Rasputitsa Spring Classic, a muddy, snowy gravel event in Vermont's Northeast Kingdom, held April 21, raised $18,000 for the Little Bellas, a nonprofit that aims to help young women realize their potential through mountain biking.
OKLAHOMA CITY, Okla. (BRAIN) — The North American Bikeshare Association is claiming another victory as an Oklahoma bill that would have pre-empted local control of dockless bikeshare did not make it to the House floor last week.
SUN VALLEY, Idaho (BRAIN) — Club Ride Apparel has added a new independent sales organization in New England: GPM Sports Group. GPM is headed up by Andrew Ewas and Matthew Shoemaker.
PHOENIX (BRAIN) — Arizona's governor has vetoed a state measure containing three-class e-bike legislation favored by the industry. In an unusual gubernatorial protest related to a proposed teacher pay raise that Gov.
DENVER (BRAIN) — Colorado could become the third state with a law that allows bicyclists to treat some stop signs like yield signs and red lights like stop signs. Last Wednesday the state Senate passed SB 144, which is now waiting for Gov. John Hickenlooper's signature.
MALLABIA, Spain (BRAIN) — Orbea, an employee-owned co-op organization, announced this week that its first quarter sales were up 26 percent, to 28 million euros ($34.1 million).
HELSINKI (BRAIN) — Sales in Amer Sports' cycling division, comprising the Mavic and Enve brands, were down 12 percent in local currencies in the first quarter, to 32.1 million euros ($38.9 million). The company said its cycling sales were "adversely impacted by lower OEM orders."
CORTEZ, Colo. (BRAIN) — Osprey Packs has hired industry veteran Jack Gresmer as bike sales manager.
IRVINE, Calif. (BRAIN) — The Boogaloo eMTB Race Series presented by Troy Lee Designs and Bosch eBike Systems is expanded for 2018 with more race venues and race categories.
NEW YORK (BRAIN) — Hearst Magazines has taken a minority stake in Gear Patrol, a "men's enthusiast media company" that operates partly on an affiliate e-commerce model. Last year Hearst bought Rodale, including its Bicycling magazine title.
OREFIELD, Pa. (BRAIN) — Olympic gold medalist and three-time world champion cyclist Marty Nothstein is seeking the Republican nomination for Pennsylvania’s 7th Congressional District.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike show director Pat Hus has left Emerald Expositions, the show's parent company; PR director Justin Gottlieb has been promoted to interim show director, the company announced Tuesday. Hus had been at the helm of Interbike since 2011.
MONTEREY, Calif. (BRAIN) — Preliminary figures from organizers of the Sea Otter Classic show that the festival brought in a record 74,000 attendees, 8,500 campers and 9,800 athletes over four days of racing, a busy industry expo, bike demos, gran fondos, cycling tours and other associated events.
MANNING, S.C. (BRAIN) — Kent International is bringing back the Univega brand, once a bike shop mainstay. The company will roll out a new line of Univega bikes — all made in the U.S. — at Interbike in Reno, Nevada, this fall, with price points from $200 to $800. The line will be sold exclusively by IBDs.
OSAKA, Japan (BRAIN) — Shimano said a mild economic expansion in Europe, a buoyant labor market in North America, and a moderate recovery in Japan contributed to a 5.1 percent net sales increase in its bicycle division in the opening quarter of 2018, compared to the same period last year.
BOULDER, Colo. (BRAIN) — VeloNews will release the Official Guide to the Tour de France in early June.
BOULDER, Colo. (BRAIN) — The International Mountain Bicycling Association has declared the first Saturday in May as International Women's Mountain Biking Day.
The first edition, May 5, is being promoted by IMBA and SRAM, PeopleForBikes, Rebecca Rusch and others.
COLORADO SPRINGS, Colo. (BRAIN) — USA Cycling and the United States Bicycling Hall of Fame have announced a new agreement that will include sharing elements of the Hall's historic content with USA Cycling's membership base, collaborating to expand the number of participants who nominate and select Hall of Fame members, and engaging USA Cycling's community in fundraising to support the Hall of Fame.
MILAN (BRAIN) — Pirelli will provide its PZero Velo tires for all Pinarello's Dogma F10 bicycles this season.
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