Industry News

FRIEDRICHSHAFEN, Germany (BRAIN) — Steve Bellefeuille, Accell North America's former vice president of purchasing, is taking over a helmet brand best known in the winter sports industry. Bellefeuille has been named president and CEO of Pret, Inc. and has moved to Park City where the company is located.

The company behind the Cannondale-Drapac squad said it needs another $7 million to continue next year.

BOULDER, Colo. (BRAIN) — Slipstream Sports, the company that owns and manages the pro road team currently known as Cannondale-Drapac, has launched an Indiegogo crowd-funding campaign in a bid to continue racing in 2018.

Tagged Racing & Sponsorship

SCHWEINFURT, Germany (BRAIN) — Marcus Schneider has been appointed SRAM's director of business development for e-MTB and e-mobility. The new role will focus on identifying opportunities in the e-bike market, defining strategic goals, and establishing and developing key customer relationships.

Tagged Eurobike
Photo courtesy of Enve.

HELSINKI, Finland (BRAIN) — Amer Sports has updated its 2020 growth target. Instead of aiming for sales of 3.4 billion euros ($4.2 billion) in that year, the company is now setting a target for "annual mid-single-digit organic, currency-neutral growth."

Tagged Earnings/Financial Reports

SEATTLE (BRAIN) — Greg Shepherd, a long time rep who worked for SBS from 1998 to August 2015, was recently hospitalized after being struck by a car. Shepherd is recovering from spinal cord injuries at the ICU at Harborview Hospital in Seattle, where he’s been since Aug. 21.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike has announced the winners for the Interbike Innovation Awards. Revamped for 2017, the awards recognize excellence and innovation in product, retail and advocacy.

Tagged Awards / Interbike

SCOTTSDALE, Ariz.— U.S. industry veteran Paul Lew has been named CEO of the newly restructured Edco cycling company, now based in Arizona.

QUÉBEC CITY (BRAIN) — Garneau has promoted David Cathcart from director of USA and international sales to now oversee the company's sales & marketing teams as executive leader, of sales and marketing.

BREMBATE, Italy (BRAIN) — The German high-end component brand THM, which was acquired by 3T last year, is now distributing to European dealers via its own B2B sales platform.

The company said the system offers retailers enhanced transparency of the order process and quicker fulfillment.

HANOVER, N.H. (BRAIN) —Briko, an Italian brand best known for its ski helmets and eyewear, is now bringing its bike helmets to the U.S. market. The bike products were previously available only in Europe.

IRVINE, Calif. (BRAIN) — Bosch eBike Systems will offer free professional training onsite at Interbike next month. The training can be used to renew mechanic certification, which expires 15 months from the date of the last training.

The Bosch Dealer Certification Clinic covers:

Tagged Electric bike / Interbike / Retailer education

WASHINGTON (BRAIN) — The North American Bikeshare Association said it is frustrated by a decision to remove a Capital Bikeshare station from the White House grounds last week.

NEW YORK CITY (BRAIN) — Phillip Lucas is transitioning to part-time consulting work with Velocomp, where he has worked for the past year. Lucas is returning to Europe to live closer to his family and work via his Netherlands-based consulting firm, Upshift Sports Consulting.

BOULDER, Colo. (BRAIN) — The Bicycle Product Suppliers Association has sent a letter to its members informing them of updates to California's Prop. 65 warning label regulations. The changes go into effect Aug. 30, 2018.

SPRINGFIELD, Ill. (BRAIN) — Illinois has become the latest state to sign a new e-bike bill into law that designates a three-class system for electric bikes.

NEW YORK CITY (BRAIN) — If bike shoppers seemed particularly hard strapped for money this year, it could be because consumer debt hit a new high, higher than the lead up to 2008’s Great Recession. 

ASHEVILLE, N.C. (BRAIN) — The Mann Group has added a new workshop for bike industry sales reps to its Mann U offerings.

ORLANDO, Fla. (BRAIN) — Recumbent trike maker Catrike plans to double the size of it Orlando production facility. Catrike will also increase its production staff, the company stated.

TAICHUNG, Taiwan (BRAIN) — Giant Manufacturing, a bellwether company within the industry's manufacturing sector, reported a 7.4 percent decline in revenue to $887.9 million through the first half of the year.

Wikimedia Commons photo by Sam Sailor.

NEW YORK (BRAIN) — For duty purposes, bike cassettes are once again being treated just like freewheels — exempt from all duty requirements, thanks to a recent ruling by the U.S. Court of International Trade.

Tagged Tariffs

Pages

Subscribe to RSS - Industry News