Industry News

ROSSANO VENETO, Italy (BRAIN) — The Bigolin family, which owns the Selle Italia saddle brand, now also has an interest in the Selle San Marco brand, the companies announced this week.

Tagged Mergers, Acquisitions & Investments

KETCHUM, Idaho (BRAIN) — Club Ride Apparel has appointed Josh Fonner as its director of sales. Prior to Club Ride, Fonner served as COO at ZG Collective in Aspen, Colorado, and has been the North American sales manager for POC and regional sales manager for Giant Bicycles.

SAN MATEO, Calif. (BRAIN) — Shares of GoPro plunged in after-hours trading Wednesday after the action camera maker reported a surprising fourth-quarter loss of $11.4 million, or 8 cents a share, compared with a year-earlier profit of $144.9 million.

Tagged Earnings/Financial Reports

BEND, Ore. (BRAIN) — Knight Composites has joined Carmichael Training Systems' CTS Athlete Perks program, offering discounts on the carbon wheel brand's products to CTS-coached athletes. CTS and Knight will roll out the program next week.

DUARTE, Calif. (BRAIN) — Folding bike maker Dahon has signed an agreement with Columbus, Ohio-based Oris Intel to use the company's Prowl software to support its North American dealers in MAP compliance.

HELSINKI (BRAIN) — Mavic's owner, Amer Sports Corp., is reporting net sales of 783.7 milion euros ($870 million) in the fourth quarter of 2015, up 6 percent in local currencies from its sales in the same period in 2014. Gross margins increased to 43.8 percent from 43 percent in the prior year.

Tagged Earnings/Financial Reports

NOVATO, Calif. (BRAIN) — Marin Mountain Bikes Inc. has announced that Jeff Winnick is now representing the brand in New England. Winnick has spent 30 years in the cycling industry and represents both winter and summer lines, including Rolf Prima, Dainese, Seasucker, One Way Sports and Orage.

MIAMI (BRAIN) — J&B Importers has concluded its third annual sales summit, a meeting between its sales staff and representatives from 23 different J&B vendors.

Tagged Distributor news

FORT COLLINS, Colo. (BRAIN) — Mike Gann has been promoted to president of Niner Bikes, as company founder Chris Sugai, who previously held the president title, steps away from day-to-day operations to focus more on bike advocacy. 

LEXINGTON, S.C. (BRAIN) — Hawley and Lambert launched new business-to-business websites on Tuesday.

Tagged Web/Internet / Distributor news

DENVER (BRAIN) — DirtTri.com, a site devoted to off-road multisport events, is entering its second year this month, and its founder and editor says he is planning expanded content for Year Two.

Tagged Media/Publishing

CARLSBAD, Calif. (BRAIN) — Campagnolo North America has launched its mechanics technical training tour. The company is suggesting that all mechanics who service Campagnolo parts attend. On completion, attendees will receive a Campagnolo certification.

PASO ROBLES, Calif. (BRAIN) — Dennis Christopher, the star of the 1979 film Breaking Away, will attend April's Eroica California, a vintage bike ride. Christopher will attend a VIP reception preceding a showing of the movie. The next day, he will ride a section of the ride on a vintage Masi bike similar to the one his character Dave Stoller rode in the movie.

ZOLDER, Belgium (BRAIN) — The CEO of the Italian bike brand Wilier Triestina says the company will sue Belgian cyclocross racer Femke Van den Driessche, who is accused of using a hidden motor at the Cyclocross World Championships on Saturday.

Tagged Racing & Sponsorship / Lawsuits/legal
UPDATED with information on the tentative Feb. 9 auction.
This frame jig is among the equipment to be auctioned.

Editor's note, Jan. 29, 2016: The Guru auction is tentatively scheduled for Feb. 9. The auction will be conducted by Auctioneer Continental in Montreal.

MADISON, Wis. (BRAIN) — Planet Bikhas revised its sales and pricing policies to prohibit sales of its current model year products on auction sites.

SEATTLE (BRAIN) — Cascade Bicycle Studio has announced its partnership with custom Czech framebuilder Festka. Cascade Bicycle Studio is now the exclusive online U.S. retailer for Festka and the exclusive in-store retailer for the western U.S.

WILTON, Conn. (BRAIN) — Cycling Sports Group has hired Hannah Parish as its director of marketing for North America.

LIVINGSTON, Scotland (BRAIN) — David Pritchard has joined the Scottish cycle clothing supplier Endura Ltd as sales director. The company said the new position was created to provide greater experience and support to its global sales team.

SANTA FE, N.M. (BRAIN) — Friends and family of Dave Wilson, a former long-time Specialized regional sales manager in the Southwest, and former sales manager for Bicycle Retailer, are planning a tribute bike ride in his honor. Wilson died at home in Santa Fe on Jan. 20 at age 60.

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