Industry News
CHICAGO (BRAIN) — The Chicagoland Area Bicycle Dealers' Association has sold out of exhibitor space for its upcoming trade show, which is Feb. 3-4. CABDA also announced Monday that Jeff Koenig, the former owner of Big Poppi Bikes in Kansas, will deliver the inaugural breakfast keynote presentation at the expo.
RANCHO DOMINGUEZ, Calif. (BRAIN) — KHS is now distributing Funkier Bike Apparel to U.S. IBDs.
VENTURA, Calif. (BRAIN) — Zeitbike has hired Matthew Feier as its sales rep for Western Colorado, a territory the company described as "left of the Rockies."
LITTLE ROCK, Ark. (BRAIN) — Orbea has promoted Matthew Smith to national sales manager.
WHITEFISH, Mont. (BRAIN) — Hammer Nutrition says it is streamlining its distribution by eliminating two of its distributors. The company said it is retaining seven other distributors and said it expects product availability to improve at the remaining distributors.
SAN MATEO, Calif. (BRAIN) — GoPro says it expects a 16 percent increase in revenue for 2015. However, weak sales of its newest model, the Hero4 Session contributed to a decision to cut about 7 percent of its workforce, or about 105 employees.
BOULDER, Colo. (BRAIN) — PeopleForBikes has announced the recipients of its most recent cycle of Community Grants, with eight awards totaling $51,750.
SAN DIEGO (BRAIN) — De Soto Sport has reached an agreement with Aqua Lung that allows Aqua Lung to continue marketing Michael Phelps Xpresso swimwear. De Soto will stop using the Espresso name on its wetsuits after selling off its remaining stock.
BOULDER, Colo. (BRAIN) — The Outdoor Industries Women's Coalition, in collaboration with the Bicycle Product Suppliers Association, has announced a new scholarship program that will bring three women from the bike industry to this spring's Bicycle Leadership Conference in Monterey, California.
CHICOUTIMI, Quebec (BRAIN) — Devinci has named former pro road racer David Veilleux as its new R&D/road brand manager.
BIEL, Switzerland (BRAIN) — As announced last year, DT Swiss is changing its ownership structure as longstanding CEO and chairman Marco Zingg has sold his shares to his two business partners.
ANAHEIM, Calif. (BRAIN) — Triathlon Business International is conducting its second annual Industry Confidence Survey, which the trade group said will serve as "a barometer to multisport industry sentiment on key issues ranging from perspectives on retail prices to the general outlook for growth of triathlon in the U.S."
OGDEN, Utah (BRAIN) — Mavic has appointed Denise Landy as its national account manager and Mark Niemiec as community marketing manager.
PLEASANT VALLEY, Mo. (BRAIN) — Chamois Butt'r maker Paceline Products has announced a new minimum advertised price policy for all its dealers and distributors in North America, which took effect Jan. 1.
PHOENIX (BRAIN) — Current and former Cannondale employees were gathered outside the Marriott Hotel at the IBD Summit swapping stories about Steve Gooch, a longtime friend and mentor to many. Gooch was found dead Sunday after what might have been a fall while hiking a favorite trail in Virginia.
CLEARFIELD, Utah (BRAIN) — Bollé has promoted Greg Kottenstette to North American sales manager for outdoor & specialty business. Kottenstette has worked in various capacities for the brand for 31 years, most recently as national accounts manager.
BOSTON (BRAIN) — Vittoria is proud to announce it has tapped legendary freeride and trials mountain bike rider Jeff Lenosky as a brand ambassador.
PORTLAND, Ore. (BRAIN) — The Oregonian is reporting that The Clymb, a daily deal online retailer, was quietly sold to the owner of a similar business, LeftLane Sports, in September.
(BRAIN) — Serial Kickstarter Brian Davis is starting a crowdfunding campaign Tuesday to produce a new neck gaitor/bandana design for winter cycling and other activities.
LAGUNA BEACH, Calif. (BRAIN) — Crankbrothers has a new distributor within Australia: Lusty Industries Pty Ltd.
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