Industry News

LONGMONT, Colo. (BRAIN) — CrossVegas' E-Bike Challenge will be sponsored by Focus and 15 entrants will get a chance to use a new Focus e-bike for the race, the company announced.

Tagged Racing & Sponsorship / Interbike

PHILADELPHIA (BRAIN) — Advanced Sports Enterprises has added industry veteran David Wang to its executive team as vice president of purchasing.

LÉVIS, Québec (BRAIN) — Distributions Lyncée has added to its sales force in several territories.

DENVER (BRAIN) —Alchemy Bicycles has named industry veteran Joe Stanish as the brand's Chief Operating Officer. Stanish brings 23 years of cycling-industry experience and manufacturing expertise, including his most recent role as the global vice president of operations for Enve Composites and Mavic.

LONDON (BRAIN) — Rapha has announced that U.S.-based RZC Investments is now the majority shareholder in the business.

Tagged Mergers, Acquisitions & Investments

CHICAGO (BRAIN) — SRAM has announced the hiring of its second Chief Operating Officer in the company's 30-year history, Ken Lousberg.

BLOOMINGTON, Minn. (BRAIN) — QBP is introducing a new service called Retail to Home Delivery for retailers enrolled in the top tier of the distributor's Dealer's Choice program.

Tagged Distributor news
Emerald expects Interbike's move to Reno-Tahoe will strengthen show, bring back brands who haven't exhibited in recent years.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Emerald Expositions reported 14 percent growth in revenue for the second quarter compared with the same period last year — about a third of that from organic growth and two-thirds from recent acquisitions.

Tagged Earnings/Financial Reports / Interbike

SACRAMENTO, Calif. (BRAIN) — The California Bicycle Coalition (CalBike) has announced the initial program for this year's California Bicycle Summit, set for Oct. 3-6 at the Sacramento Convention Center and surrounding venues.

Tagged Advocacy/Non-profits / Events

 SAN MATEO, Calif. (BRAIN) — Shares of GoPro Inc. surged 20 percent in trading Friday after the company this week reported second-quarter earnings that topped analyst expectations due in part to restructuring and job cuts that have reduced the action camera and drone maker’s costs. 

Tagged Earnings/Financial Reports

WATERLOO, Wis. (BRAIN) — David Reuter has started his long recovery from a mountain bike crash at the Little Switzerland Park in Milwaukee in June. Severe fractures to numerous vertebrae left him without control of his legs and doctors skeptical he would recover their use.

WATERLOO, Wis. (BRAIN) — Trek Bicycle has reached an agreement to broadcast the inaugural Telenet UCI Cyclo-cross World Cup Waterloo on the brand's website, trekbikes.com.

Access to the livestream will be provided for free courtesy of Segafredo Zanetti Coffee.

Tagged Racing & Sponsorship
Insert white-belt-after-Labor-Day joke here.

FRIEDRICHSHAFEN, Germany (BRAIN) — At the Eurobike show later this month, Gates Corporation will celebrate ten years supplying its Gates Carbon Drive belt drivetrain to bike makers. Among the new belt drive products that Gates will show at Eurobike is a limited edition white belt. 

MUNICH, Germany (BRAIN) — Alternative 138 GmbH is now assisting Stages Cycling Europe with the brand's European media relations and communication.

Philipp Reiff and Danielle Reiff-Jongerius will be the main points of contact for German-speaking countries and the rest of Europe, respectively.

Is the 'reset' enough to revitalize the show?

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Retailers and suppliers said they are largely upbeat about the new location.

Tagged Interbike

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp. announced Thursday that its bicycle-related sales — through its Fox Factory, Marzocchi, Race Face and Easton brands — was up 2.9 percent in the second quarter, which ended June 30. 

Tagged Earnings/Financial Reports
Courtesy of CrossVegas.com

LONGMONT, Colo. (BRAIN) — The CrossVegas cyclocross race will make the move to Reno in 2018 along with Interbike, which announced Thursday that it would move to Reno next year. But the race will continue to be named CrossVegas.

Tagged Racing & Sponsorship / Interbike
The September show will open with a weekend consumer festival at the Northstar resort. The indoor show is Tuesday-Thursday and Interbike is promising lower exhibitor costs at the nonunion facility.
The Tahoe region boasts epic mountain biking.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike announced Thursday that its 2018 show will be held in Reno, Nevada's, Reno-Sparks Convention Center. 

Tagged Interbike

OGDEN, Utah (BRAIN) — Selle Royal Group has hired carbon composites expert Mello Bouwmeester at the company's research and development facility in Utah. He will work on projects for the Selle Royal Group brands: Crankbrothers, Fizik, Brooks England and Selle Royal.

OLATHE, Kan. (BRAIN) — Garmin on Wednesday reported a 1 percent rise in second-quarter revenue, to $817 million from $812 million a year earlier, that included a 46 gain in its outdoor segment driven by strong demand for its Fenix smart watches.

Tagged Earnings/Financial Reports

Pages

Subscribe to RSS - Industry News