Industry News

Sales of higher priced e-bikes in Europe continue to drive revenue and profits.

HEERENVEEN, Netherlands (BRAIN) — Accell Group reported growth in revenue in the third quarter, which the Dutch conglomerate attributed to healthy sales of the company's German and French bike brands.

Tagged Earnings/Financial Reports

GREENVILLE, S.C. (BRAIN) — Michelin has launched a bicycle industry purchase program tailored for employees of bike stores in the United States. The program provides a discount on Michelin bicycle tires and is being handled by Quality Bicycle Products, one of Michelin's tire distributors.

Tagged Distributor news
Fox/Easton/Race Face product bundles will be easier.

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory has agreed to guarantee earn-out payments to the investors who sold it RFE Holding (the holding company for Race Face and Easton Cycling)  a year ago. The guarantee allows Fox to further integrate the brands. 

MONTREAL (BRAIN) — Consumer-direct mountain bike brand YT Industries has expanded its presence in North America by opening a new service center in Montréal that will serve the Canadian market. 

The first page of Wellgo's patent.

NEW YORK (BRAIN) — Taiwan-based Wellgo Pedal Corp. is suing Tern Bicycles, Mikashima Industrial, and a New York City retailer over alleged patent infringment involving a quick release pedal.

Tagged Lawsuits/legal

OGDEN, Utah (BRAIN) — Enve has introduced a new rim and wheels that are specifically made for cyclocross racing.

The new Enve CX rim is available in tubular only and disc brake only. It is designed to be more forgiving over rough and variable terrain.

GIVISIEZ, Switzerland (BRAIN) — Scott Sports SA has formed two joint ventures with Sheppard Industries to distribute Scott products in Australia and New Zealand.

Tagged Distributor news

MISSOULA, Mont. (BRAIN) — Adventure Cycling Association will celebrate its 40th anniversary in 2016, and is planning a weekend of overnight bike travel across the U.S. and Canada next June to mark the occasion.

CHICAGO (BRAIN) — Abus Mobile Security, Inc. has launched a new North American website that includes more product information, how-to videos and other features. It includes a Buy Local Now button on all bicycle product pages, directling consumers to a local retailer.

WASHINGTON (BRAIN) — The Outdoor Industry Association will host a webinar Thursday to help outdoor suppliers and retailers learn more about the Trans-Pacific Partnership and how it might affect their businesses. President Obama released text of the agreement to the public last week.

WASHINGTON (BRAIN) — The League of American Bicyclists announced 55 new and renewing Bicycle Friendly Communities. Eighteen communities received their first BFC award, while 17 new communities received a Bronze designmation and one, Hennepin County, Minnesota, received its first Silver designation.

Tagged Advocacy/Non-profits

SCOTTS VALLEY, Calif. (BRAIN) — Fox Factory Holding Corp. has closed on the previously announced acquisition of the assets of Marzocchi's mountain bike product lines.

Tagged Mergers, Acquisitions & Investments
Young is a 23-year veteran of Shimano American.
Jeff Young

NORTHVALE, N.J. (BRAIN) — G Joannou Cycle has hired Jeffrey Young as executive vice president of sales. Young will start Nov. 16 and be responsible for GJC's Jamis and Nirve domestic sales operations.

LAKEWOOD, Wash. (BRAIN) — Full Speed Ahead is inviting customers to stop by at this weekend's Subaru Cyclo Cup UCI race. The component brand will be hosting customers in its Dealer Appreciation tent, with hot beverages, pastries and an excellent view of the action. 

SACRAMENTO, Calif. (BRAIN) — Organizers say they have registered exhibitors from more countries than ever for next year's North American Handmade Bicycle Show, which will be held here Feb. 26-28.

Tagged North American Handmade Bicycle Show

BOULDER, Colo. (BRAIN) — Nick Martin, the founder of eBay seller The Pro's Closet, was mentioned by name in a letter about the Trans-Pacific Partnership that President Obama sent to members of eBay Main Street, an organization of small business people who use eBay as part of their operations.

Rep. Kyrsten Sinema.

ORANGE, Calif. (BRAIN) — The latest speaker to be confirmed for the Triathlon Business International Conference is U.S. Rep. Kyrsten Sinema, who represents Arizona's 9th District. Senema is  the first sitting member of Congress to complete an Ironman and currently serves on the Women for Tri Board of Advisors.

OAKLAND, Calif. (BRAIN) — Hydrapak  has selected Buffalo Brand Invigoration Group to lead a public relations program spurring awareness, affinity and sales in the United States.

MADISON, Wis. (BRAIN) — Trek Bicycle will turn-on its new website — with its much-discussed online bike sales feature — "very, very soon" a company spokesman told BRAIN on Wednesday.

BROOKLYN, N.Y. (BRAIN) — Brooklyn-based Champion System (U.S.) has agreed to unite and control business from the former Champion System (Canada). The brand is now being called Champion System North America, effective immediately.

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