Industry News

ST. PAUL, Minn. (BRAIN) — Park Tool's 2017 team sponsorships include three World Tour teams, four Continental Pro teams, six women's pro road teams and a variety of other mountain bike, multisport, and cyclocross teams and athletes.

Tagged Racing & Sponsorship

WESTPORT, Conn. (BRAIN) — Compass Diversified Holdings, which once owned Fox Factory and CamelBak, has sold off its last remaining shares of Fox.

OBERWANGEN, Switzerland (BRAIN) — A Swiss investor group has made a substantial investment in Stromer, completing the e-bike maker's separation from owner BMC.

SAN DIEGO, Calif. (BRAIN) — Elliptical bicycle maker Elliptigo is partnering with the mobile repair franchise Velofix to provide service.

LEE'S SUMMIT, Mo. (BRAIN) — The waterproof breathable fabric maker eVent has become a Bluesign system partner, meaning it has passed a Bluesign factory audit for worker safety, responsible use of resources, and environmental performance improvement. 

Tagged DEI and Sustainability

FORT PIERCE, Fla. (BRAIN) — Friends of bicycle advocate and writer Alan Snel have started a fund raising campaign to help him with medical and living expenses following an incident last week when he was hit by a car while riding his bike.

SAN CARLOS, Calif. (BRAIN) — Beeline has changed its order fulfillment strategy with Amazon to offer free assembly and setup in eligible locations for bikes purchased for $500 or more at the e-commerce giant.

FAIRFAX, Calif. (BRAIN) — Nominations for induction to the Mountain Bike Hall of Fame are being accepted through April 15.

WASHINGTON (BRAIN) — The Rails-to-Trails Conservancy will hold its fifth annual Opening Day for Trails on Saturday, April 8, and expects as many as 20,000 people to participate in family-friendly events connected to the promotion on that day.

SPRINGFIELD, Mo. (BRAIN) — Küat Racks is working with the National Forest Foundation to fulfill its pledge to plant 40,000 trees this year.

Best In Show winner Peacock Groove.

SALT LAKE CITY, Utah (BRAIN) — It’s been called the epicenter of bike innovation. And as you walk the aisles of the North American Handmade Bicycle Show, it’s easy to see why. From radical to subtle, the artistry is wide-ranging.

Tagged North American Handmade Bicycle Show / Electric bike
The builders' show wrapped up its 13th edition Sunday in Salt Lake. Next year's event is in Hartford, Connecticut.

SALT LAKE CITY, Utah (BRAIN) — Tracking down Don Walker for an interview was no easy task. As the show has grown, he’s got more to keep on top of.

Tagged North American Handmade Bicycle Show
Sara Fortune and her father Phil Hendrickson in 2014.

MADISON, Wis. (BRAIN) — Phil Hendrickson, the father-in-law of Saris Cycling Goup founder Chris Fortune and father to Sara Fortune, has died at 97.

PITTSBURGH (BRAIN) — Rotating Mass Media has announced the departure of Adam Newman, the editor in chief of Bicycle Times. The publisher said it will stop publishing Bicycle Times as a print magazine, at least temporarily, but the title's website will continue.

Tagged Media/Publishing

HEERENVEEN, Netherlands (BRAIN) — On the strength of e-bike sales in Europe — especially in Germany — Accell Group's sales last year were up 6 percent, breaking the one billion-euro barrier for the first time in company history.

Tagged Earnings/Financial Reports / Electric bike

MONTRÉAL (BRAIN) — During an earnings call Thursday afternoon East Coast time, Dorel executives reassured financial analysts that despite revenue losses in the cycling division, the company is working on maintaining profitability through a number of moves including price increases at Caloi, inventory reduction to improve margins, and cost cutting through restructuring.

Tagged Earnings/Financial Reports

BRECKENRIDGE, Colo. (BRAIN) — Organizers of the Breck Epic mountain bike stage race are planning a summit during this year's race that will focus on backcountry recreation and related topics. The Adventurism Summit will be a gathering of "advocacy organizations, land managers, athletes, pundits, authors, journalists and filmmakers," they said.

SRAM commits to make gender diversity a priority.

CHICAGO (BRAIN) — Stan Day, the president and CEO of SRAM, has signed Camber Outdoor's CEO Pledge, which calls on CEOs to "commit to promote the participation of and leadership opportunities for women at my company."

BOULDER, Colo. (BRAIN) — For the third year running, Camber Outdoors and the Bicycle Product Suppliers Association are offering scholarships to bring four people to the Bicycle Leadership Conference this April in Monterey, California.

Tagged Bicycle Leadership Conference

MONTRÉAL (BRAIN) — Dorel Industries reported a decline in fourth-quarter revenue in its cycling division Thursday. Revenue was down $18.4 million or 7.3 percent to $235.3 million, the company said.

Tagged Earnings/Financial Reports

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