Industry News
SHERIDAN, Wyo. (BRAIN) — Foldaway Solutions LLC, the distributor of Oyama Bicycles, Uniche and BTP Bar Tape, has has hired industry veterans Barry Riemer and Ken DeCesari. Riemer joins as CFP and DeCesari is the new vice president of sales.
SIMI VALLEY, Calif. (BRAIN) — Raleigh Electric is partnering with the Los Angeles-based Bahati Foundation to auction a 2017 Redux IE e-bike. Proceeds will support the Foundation's philanthropic work.
PHILADELPHIA (BRAIN) — Dealers rushing to see the latest from their suppliers will not have to deal with consumer crowds at the Philly Bike Expo. For this year's show, Nov. 4-5, doors will open at 8 a.m. with the first two hours of the day reserved for dealers only. Consumers will be allowed in at 10 a.m.
TAICHUNG, Taiwan (BRAIN) — Taichung Bike Week drew some 470 exhibiting companies at five hotels in the city this week. Although the timing is late for U.S. product managers, Taiwanese vendors see it as their last chance to attract OE spec for the upcoming model year.
TEMECULA, Calif. (BRAIN) — The Boogaloo, a Class 1 eMTB race and demo event presented by Troy Lee Designs and Bosch eBike Systems, is heading to Southern California, following an earlier race at the Kamikaze Bike Games in Mammoth.
OAKLAND, Calif. (BRAIN) — HydraPak has hired Akimbo Communications to oversee the company's media relations in North America.
SANTA CRUZ, Calif. (BRAIN) — Ibis Cycles has hired Mariano Gon as the brand's new global sales director and Saris Mercanti as its new marketing manager.
BOULDER, Colo. (BRAIN) — PeopleForBikes brought together 10 bike industry leaders for a women's executive fly-in earlier this week.
TAINAN, Taiwan (BRAIN) — Charles Wu, who founded KMC Group in 1977, has passed away at his home in Tainan. He died Sunday at the age of 77 surrounded by his family. A funeral date is pending.
ASHEVILLE, N.C. (BRAIN) — Fox Factory is renovating a 20,000 square foot facility in South Asheville that will house a regional headquarters, with sales, finance, R&D, service and distribution for the company. Fox said the facility will eventually create about 47 new jobs.
HEERENVEEN, Netherlands (BRAIN) — Accell Group N.V.'s board informed shareholders at a meeting Thursday that it will appoint Ton Anbeek as CEO and chairman of the board of directors, as it previously announced.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Emerald Expositions has released dates for its winter Outdoor Retailer + Snow Show, its Summer Market and its Winter Market events through their 2022 editions.
BREMBATE, Italy (BRAIN) — 3T America has hired former PressCamp operations manager Chad Battistone as its customer connection manager, charged with helping drive sales of the entire 3T America product range.
Prior to joining PressCamp, Battistone worked with VNU Expositions on its Interbike event.
MONTRÉAL (BRAIN) — Lightspeed POS Inc. has closed a $166 million Series D investment led by Caisse de dépôt et placement du Québec, with participation from Investissement Québec, iNovia Capital and a credit line from Silicon Valley Bank.
The investment brings the total amount invested to $292 million.
NEW YORK (BRAIN) — Hearst has agreed to acquire the magazine and book businesses of Rodale, the parent of Bicycling magazine and 92 other titles.
SAN FRANCISCO (BRAIN) — Ofo, a dockless bike share platform, has hired former Uber manager Chris Nakutis Taylor to run its U.S. business.
Ofo operates in 180 cities in 16 countries. It has launched in the U.S. in Seattle; Washington, D.C.; Worcester and Revere, Mass.; and Aurora, Colo.
SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike's Fall CycloFest trade and consumer festival is set to begin its second edition in Charlotte on Thursday with a new format aimed at making it easier for retailers to take part in education sessions and also demo bikes from nearly 20 brands.
ALISO VIEJO, Calif. (BRAIN) — Distributor Highway Two has promoted four people within the company and added a new hire.
BERKELEY, Calif. (BRAIN) — The National Interscholastic Cycling Association has reached a new agreement with Club Ride, the Idaho-based apparel brand.
CHICAGO (BRAIN) — Organizers of the 2018 CABDA Expo opened registration for dealers on Monday.
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