Industry News

BOULDER, Colo. (BRAIN) — The Walton Family Foundation has renewed its commitment to PeopleForBikes for 2017. 

Tagged Advocacy/Non-profits

ST. PAUL, Minn. (BRAIN) — Park Tool has announced the winners of its 2017 Community Tool Grants, a program that supplies 10 non-profit organizations with Park Tool products worth more than $1,400. This year more than 125 organizations applied for the grants. 

UPDATED: WFSGI says its unlikely recent incident was caused by a disc rotor.

ESTAVAYER-le-LAC, Switzerland (BRAIN) — The Professional Cyclists Association is threatening to take legal action against the UCI for resuming a disc brake trial in the pro peloton.

Tagged Racing & Sponsorship

BOULDER, Colo. (BRAIN) — Suppliers shipped 3 percent more bikes to shops this January than last year, in spite of inclement weather up and down the West Coast and throughout the Southwest.

COON VALLEY, Wisc. (BRAIN) — Borah Teamwear has hired 30-year industry veteran and former pro racer Greg Demgen as the company's Southwest representative.

Demgen, a founding member of the 7-Eleven Cycling Team, has worked for Pearl Izumi, Bolle, Rudy Project, Defeet, Squadra and 2XU.

LEXINGTON, S.C. (BRAIN) — Hawley has added two new reps to its sales team. Jeff Stephens will cover Arizona, New Mexico and Las Vegas, while Adam Wilk will cover Texas.

OLATHE, Kan. (BRAIN) — Garmin Ltd. this week reported a 10 percent jump in fourth-quarter revenue fueled in part by strong sales of wearable devices like its Fenix adventure watches and Vivofit activity trackers.

Tagged Earnings/Financial Reports

GRAND RAPIDS, Mich. (BRAIN) — TerraTrike has announced that Mark Crews will resign as general manager to pursue other opportunities. Marshall Randall, TerraTrike's dealer sales manager, will take over the duties of general manager while also continuing to work with the sales team.

PRZASNYSZ, Poland (BRAIN) —Kross S.A., the largest Polish bike manufacturer, has purchased Multicycle, a Dutch e-bike brand that declared bankruptcy last year.

Tagged Electric bike / Mergers, Acquisitions & Investments

SAN JOSE, Calif. (BRAIN) — MC2 Sports, a distributor founded by bike industry veteran Ming Tan, has hired Aspekt Brand Communications as its USA agency of record for Astute Italia, a handmade saddle brand.

The homepage of Boa's new website.

DENVER (BRAIN) — Boa Technology, the maker of a dial-type shoe lace used on cycling shoes and many other products, has plans to give more attention to consumer brand building, marketing and education, the company said.

But the builder's show says it will not hold future events in Utah.

PORTLAND, Ore. (BRAIN) — Next month's North American Handmade Bicycle Show in Salt Lake City will go ahead as planned despite the recent controversy over land use policies in Utah. However, organizers said they will not plan future shows in the state, and would have moved this year's show if there had been time.

Tagged North American Handmade Bicycle Show

ALISO VIEJO, Calif. (BRAIN) — Continental Tires has hired Oris Intel to monitor its minimum advertised pricing and sales policies, using the MAP monitoring service provider's Prol software.

BOSTON (BRAIN) — Vittoria Industries North America has promoted Jody Stoddard to tnational sales manager, effectively immediately.

Stoddard worked previously as Vittoria's North American OEM sales manager.

SOLON, Ohio (BRAIN) — Organizers of the PressCamp media events said they will continue to hold events in Utah this year, while exploring options for other venues and encouraging discussion at its events.

Tagged PressCamp
It wouldn't be Frostbike without local bag maker Banjo Brothers in costume.

BLOOMINGTON, Minn. (BRAIN) — According to QBP founder Steve Flagg, the first winter gathering at QBP's headquarters, at the time a much more modest facility, took place in 1988.

After call with Utah governor, Emerald Expositions to walk away from Salt Lake.

SAN JUAN CAPISTRANO, Calif. (BRAIN) — Interbike said Thursday that Utah is no longer in consideration as a potential show venue in 2018 or beyond.

Tagged Tradeshows and conferences / Interbike
H3 Publications owner Dave House in a BRAIN archive photo from 2005

VALENCIA, Calif. (BRAIN) — H3 Publications owner Dave House has closed down industry titles Decline and Road after a 13-year run. The staff of six employees at H3's headquarters in Southern California were let go Tuesday morning, sources said.

Tagged Media/Publishing
UPDATED with memorial information

BOISE, Idaho (BRAIN) — Bill Christensen, a former product manager for Answer Products, Shimano and Santa Cruz and a former writer for Mountain Bike magazine, died Sunday at 39.

The Scottish mountain biker will now endorse Lezyne's GPS units.

SAN LUIS OBISPO, Calif. (BRAIN) — Lezyne has extended its sponsorship of Danny MacAskill, which began in 2012. 

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