Industry News

LONDON (BRAIN) — The Mail on Sunday is reporting that the British cyclewear brand Rapha is in discussions about a possible purchase by the luxury goods company LVMH, the owner of Louis Vuitton and other brands.

PORTLAND, Ore. (BRAIN) — Portland-based distributor Cyclone Bicycle has restructured its sales and management staff as the company said it is expanding its focus on exclusive brand partnerships.

LEXINGTON, S.C. (BRAIN) — Hawley has hired Ken Sheldon as a sales rep for Upstate New York. Sheldon, who officially started this month, has more than 20 years of sales experience in both the bicycling and skiing industry.

WESTPORT, Conn. (BRAIN) — Following a secondary stock offering this week, Compass Diversified Holdings, the former majority owner of Fox Factory, now owns just 14 percent of the company.

BEND, Ore. (BRAIN) — Knight Composites has hired Tyler Robertson as its director of sales and marketing. Robertson will direct sales team expansion, as well as head up global marketing initiatives for the company.

NEWBURY PARK, Calif. (BRAIN) — Former mountain bike world champion and Liv Cycling ambassador Leigh Donovan is launching a new instructional video series: Intermediate Mountain Bike Skills 201, the follow-up to her Mountain Bike Skills 101 series.

Tagged Racing & Sponsorship

BURNABY, British Columbia (BRAIN) — Rob Moore, the director of engineering for Race Face and Easton Cycling, has died at 46, the company said. He died Sunday of an aggressive form of melanoma cancer, surrounded by his loved ones. He is survived by his wife Catherine and their three young children.

NEW YORK CITY (BRAIN) — Brompton Bicycle is running a 2-minute ad spot in Times Square. The campaign, the brand's first outdoor ad in the U.S., is aimed at city residents and visitors. The U.K.-based brand opened an office in Brooklyn last year. 

SANTA ROSA, Calif. (BRAIN) — The Cycling blog RedKitePrayer.com has begun soliciting voluntary reader subscriptions. The site also continues to accept advertising in what publisher Patrick Brady called an "NPR-style" model. 

Tagged Web/Internet / Media/Publishing

NORTH VANCOUVER, British Columbia (BRAIN) — Knolly Bikes is launching an online sales program for its bikes that includes its IBD clients.

Cinema's Freecoaster hub.

ROCHESTER, N.Y. (BRAIN) — Blackout Distribution, which owns the Kink and Mission BMX brands, has acquired Cinema BMX,.

Tagged Mergers, Acquisitions & Investments

WATERLOO, Wis. (BRAIN) — "Like it or not, Mr. Trump will be the President and we should give him a chance. I am not a Republican. I am not a Democrat. I am someone who cares deeply about the future of OUR country."

AUSTIN, Texas (BRAIN) — Beeline and Velofix, the two fastest-growing mobile bike service franchise businesses in the U.S., have signed on to enlist all of their mechanics as mechanic members of the Professional Bicycle Mechanics Association.

Tagged Retailer education

MANCHESTER, N.H. (BRAIN) — Portland Design Works is the latest brand to join The Bike Cooperative' list of supplier partners. Effective immediately, member retailers of The Bike Cooperative will earn rebates on direct and distributor purchases of all PDW products.

NEWCASTLE, Australia (BRAIN) — Crankbrothers is now distributed exclusively by Lusty Industries Pty Ltd in Australia. Lusty has been the brand's non-exclusive distributor since January, along with Bikesportz Imports.

Osprey also hires a new VP of finance and appoints a new board chairman.

CORTEZ, Colo. (BRAIN) — Osprey Packs has hired Layne Rigney as its new president. Rigney was most recently president of CamelBak, where he worked for 11 years.

BLOOMINGTON, Minn. (BRAIN) — QBP has been named the sole U.S. distributor for Bopworx, the maker of reusable bike protection products for shipping and auto rack use.

Among the new investors are a Korean bike maker and the co-founder of PayPal.

LONG BEACH, Calif. (BRAIN) — Zwift, the maker of an online cycling platform, has raised an additional $27 million in venture capital funding, according to CrunchBase.com.

MADISON, Wis. (BRAIN) — Saris Cycling Group, the parent company for Saris Racks, CycleOps, and PowerTap, has announced new distributors for its brands in Australia.

SCOTTS VALLEY, Calif. (BRAIN) — Compass Diversified Holdings and Robert C. Fox, Jr. are selling at least 3.5 million shares in Fox Factory Holding Co., according to documents filed with the Security and Exchange Commission this week.

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