Industry News
VALLEJO, Calif. (BRAIN) — Wren Sports has named Yap Bicycle Compania has its distributor and authorized service center for Singapore.
SAN ANTONIO (BRAIN) — Mechanics across the country are reporting that bikes brought in for service or assembly are coming spec’d with knock-off components. Often, customers bring the bikes in new in the box and mechanics are having trouble setting them up to work properly.
TEMECULA, Calif. (BRAIN) — Intense has restructured its sales and marketing functions, eliminating an undisclosed number of jobs in the process, as the Southern California mountain bike brand continues to pursue its hybrid consumer-direct/IBD sales model.
TALLAHASSEE, Fla. (BRAIN) — The North American Bikeshare Association said its helped defeat a Florida bill that would have replaced local control of bike share programs with a statewide policy.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike and Northstar California Resort have released details of the new consumer bike festival that will precede the Interbike trade show in the Reno-Tahoe area this September.
BURLINGTON, Vt. (BRAIN) — A New York City-based investment group, Flour Fund, has purchased the assets of the wool clothing brand Ibex. The fund outbid an offer from a Vermont group that included Liz Robert, the owner of Terry Precision Bicycles.
DENVER (BRAIN) — After an eventful few months, Niner Bicycles has been purchased by UWHK Ltd., an investment firm with ties to the Huffy Corp. A U.S. Bankruptcy Court judge approved the sale last week and the purchase closed Friday afternoon.
BOULDER, Colo. (BRAIN) — The Better Bike Share Partnership has awarded more than $410,000 in grants to help increase access to bike share in communities of color, and to fund research related to bike share and equity.
KENT, Wash. (BRAIN) — For more than a few years Accell North America has been the problem child for its parent, Dutch-based Accell Group. That status would appear to continue judging from the annual report that Accell released early Friday.
KENT, Wash. (BRAIN) — As part of a review late last year, managers at Accell North America discovered that the company had been underpaying U.S. Customs on some bike import duties since 2013. The company wound up paying 4 million euros ($4.9 million) in repayments and interest.
ALISO VIEJO, Calif. (BRAIN) — Fizik has recently announced a 90-day comfort guarantee on its saddles and a 30-day guarantee on its shoes and bib shorts.
MONTREAL (BRAIN) — Dorel reported 0.6 percent growth in fourth-quarter revenue at its bike division, which includes Cannondale, Sugoi, GT, Schwinn, Mongoose and Caloi. However, full-year revenue declined 7.8 percent.
PORTLAND, Ore. (BRAIN) — North St. Bags, which makes bike panniers and bike accessories in addition to backpacks and other gear, is moving its headquarters and production workshop to Portland's Hawthorne District.
LAGUNA HILLS, Calif. (BRAIN) — A new survey of 1,800 e-bike owners done by Portland State University and the University of Tennessee found that that most e-bike owners are very satisfied and really like their e-bikes (96 percent), because they are "fun" and "exciting" to ride.
KENT, Wash. (BRAIN) — Accell North America has appointed W. John Short as its new CEO. Short will oversee all Accell Group operations and investments in North America and will report to newly appointed Accell Group's global CEO and Management Board Chairman, Ton Anbeek.
BOULDER, Colo. (BRAIN) — Lennard Zinn has rejoined the VeloNews editorial staff as its first test editor. Zinn has contributed to VeloNews continuously since 1989 and is a former staffer.
FRIEDRICHSHAFEN, Germany (BRAIN) — Organizers of the Eurobike trade show are trying to encourage visitors to use bike to get to the show this year, partly in an effort to reduce traffic and parking challenges.
DENVER (BRAIN) — GearJunkie LLC, the owner of GearJunkie.com, has made some staff additions and is opening an office in Denver, after having been based in Minneapolis for more than 10 years.
CARLSBAD, Calif. (BRAIN) — Focus Bicycles USA, Inc., is now working with Promoboxx to offer campaign-based marketing materials and tools to its network of brick-and-mortar independent bike dealers and e-specialty retailers.
HEILSBRONN, Germany (BRAIN) — Ortlieb Sportartikel GmbH has hired Jürgen Siegwarth as the company's new CEO and has added senior staff members Jeff Scully and Martin Esslinger to its managing board.
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